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Gary Locke, the new US ambassador to China, has said that Beijing's investments in the US are safe despite recent debt problems. n his first public appearance since arriving in China, Mr Locke also called for greater cooperation between the two nations. China is the biggest holder of US debt and has criticised the way the recent crisis has been handled. It warned the problems threaten to destabilise the global economy. Mr Locke looked to reassure China and said that the US was tackling the spiralling debt levels that saw it lose its triple-A credit rating for the first time. "The president and Congress have joined on a path ensuring fiscal integrity of the United States of America," Mr Locke said. "Over the last several days more people are buying US Treasuries and that's a clear indication that investment in the US is safe and secure and that the economy, while having its challenges, is still strong."Talking about his new role in China, Mr Locke said he ...

most latest news about the President Barack Obama made a pointed address to the nation Monday about the increasingly dire debt crisis. "Do you know what people are fed up with most of all? They’re fed up with a town where ‘compromise’ has become a dirty word," said Obama. It was to those people that the president aimed his address for nearly 15 minutes, warning that a confusing economic concept — the national debt — could wreak havoc on family checking accounts across the country.more detail which have got from the news agencies,that "It is a dangerous game we’ve never played before, and we can’t afford to play it now,” he added. “Not when the jobs and livelihoods of so many families are at stake. We can’t allow the American people to become collateral damage to Washington’s political warfare.”Obama called on American lawmakers to put politics aside to reach a deal on a “balanced approach” after Republicans and Democrats attacked each others’ plans for the lifting of ...

the most latest news about the President Barack Obama and House Speaker John Boehner held dueling prime time addresses to the nation and even disagreed on whether there was a stalemate over the debt ceiling. There  is the problem in a nutshell. In an address that immediately followed the president's own, Boehner argued that if the president were to merely sign into law his latest deficit-reduction bill -- which slashes more than a trillion dollars in spending before requiring a second tranche of cuts and a second vote -- "the 'crisis' atmosphere he has created will simply disappear.more infromation about which have taken from the news agencies that is this , "The House speaker did say the U.S. cannot default. He said the crisis would be over if the Senate approves a new House Republican plan to be voted on in the House this week, and if the president signs it. CBS News' Jill Jackson wrote in a tweet that as Boehner left the Capitol he was overheard saying, ...

the very latest  news about the president ,Barack H. Obama is the 44th President of the United States.he have said that His story is the American story — values from the heartland, a middle-class upbringing in a strong family,Obama have said that he did  hard work in his life  and he did lot of struggle for his  education as the means of getting ahead, and the conviction that a life so blessed should be lived in service to others.he have said that With a father from Kenya and a mother from Kansas, President Obama was born in Hawaii on August 4, 1961. Obama have said that He was raised with help from his grandfather, who served in Patton's army, and his grandmother, who worked her way up from the secretarial pool to middle management at a bank.

Millions of children around the country are singing 'Happy Birthday' to former South African President Nelson Mandela, to celebrate his 93rd birthday. More than 12 million school pupils sang a special version of the song, written for the anti-apartheid leader, before lessons began Monday. Mandela, South Africa's first democratically elected president, founded the ANCYL, with Anton Lembede, AP Mda, Oliver Tambo and Walter Sisulu, in 1944. He was elected its national secretary in 1948. Mandela is expected to spend the day with his family in his home village of Qunu in southern South Africa.