Obama rules out Copenhagen treaty
Financial Times - By Edward Luce and Kevin Brown in Singapore and Fiona Harvey in London
Barack Obama conceded on Sunday that next month’s Copenhagen summit would not produce a legally binding agreement to tackle global warming, but left the door open to a substantive deal at the climate change conference.
Speaking at a conference of Asian countries Mr Obama confirmed what the United Nations, the European Union and other countries had already admitted – that there would not be time for a fully articulated treaty to be drawn up at the summit.
China's Blunt Talk for Obama
Wall Street Journal, Nov. 16, 2009
BEIJING -- China's top banking regulator issued a sharp critique of U.S. financial management only hours before President Barack Obama commenced his first visit to the Asian giant, highlighting economic and trade tensions that threaten to overshadow the trip.
Liu Mingkang, chairman of the China Banking Regulatory Commission, said that a weak U.S. dollar and low U.S. interest rates had led to "massive speculation" that was inflating asset bubbles around the world. It has created "unavoidable risks for the recovery of the global economy, especially emerging economies," Mr. Liu said.
US-Russian Negotiators Likely to Miss December 5 Deadline for New Nuclear Treaty
After months of insisting negotiators would make the December 5, 2009, deadline, President Obama and Russian President Dmitri Medvedev acknowledged today that they were now attempting to have a re-negotiated START nuclear disarmament treaty ready to sign by the end of the year instead of by December 5 when the old START treaty expires.