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Barack Obama

Barack Obama is the 44th President of the United States of America. Obama is the first African-American to hold the Office of President of the United States, and was elected to the post in November 2008, having served in the United States Senate as the junior Senator from the State of Illinois (from January 2005). After graduating the famous Columbia University in New York, Obama worked as a community organiser before attending Harvard Law School. Following his graduation, Obama served as a civil rights lawyer in Chicago, Illinois, and taught at The University of Chicago Law School. Obama served in the Illinois Senate before being elected to the United States Senate as a representative of Illinois in 2005, and in 2008 was elected President of the United States, defeating Republican candidate John McCain.

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Barack Obama: US on course for record budget deficit Bank shares dive as Obama starts 'War on Wall Street' Barack Obama orders bank break-up to leave City reeling

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Toyota could lose $2 billion in costs and lost sales in the year to March from its car safety recall... more

Alistair Darling: US bank break-up does not look to future

02.02.10
Alistair Darling fends off fresh pressure to follow US president Barack Obama in breaking up the banks... more

Barack Obama: US on course for record budget deficit

01.02.10
Barack Obama predicts that the US budget deficit will hit a record high this year... more

I don’t quit, vows Barack Obama in State of Union address

28.01.10
Barack Obama pledges a million new jobs as he uses his first State of the Union address to refocus his presidency on bread-and-butter issues... more

Pubs buoyant on prospect of World Cup drinking

28.01.10
Footie fans downing beer while they watch the World Cup should score a few goals for Britain's long-suffering pub operators this summer... more

How the 'four Cs' could have saved banks from a lot of grief

25.01.10
City Comment: On the day that President Obama delivered his knockout blow to the banks, I was meeting a senior City figure. We both admitted to being totally perplexed by the banks — how intelligent people should get it so hopelessly wrong... more

Brokers backing oversold miners to bounce back

25.01.10
Credit Suisse tells investors that fears about the Chinese economy are overdone, as it persuades them that mining stocks have been sold off too heavily... more

Banks: where Obama leads we should follow

25.01.10
Today's meeting between the City minister, Lord Myners, and financial officials from around the world, including the World Bank, the IMF and the Bank of England, is part of a concerted attempt to prevent a repeat of the global financial crisis... more

Bank shares dive as Obama starts 'War on Wall Street'

22.01.10
Banking shares across Europe tumble as Barack Obama’s declaration of war on Wall Street spooked investors... more

City 'logjam' on floats, takeovers and loans

22.01.10
Flotations will be abandoned, takeovers will be ditched and requests for investment banks to lead fund raising exercises will be politely refused... more

Michelle Obama most popular First Lady for decades

22.01.10
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Alistair Darling: We won’t follow Obama’s move on banks

22.01.10
Alistair Darling rules out Britain copying Barack Obama’s banking crackdown as financial shares fell across America and Europe... more

City knows now it won’t escape

22.01.10
The City is in shock. Today, senior managers are trying to grapple with the implications of the Obama onslaught — and failing... more

G20: Obama has blown hole in bank regulation talks

22.01.10
Negotiators trying to draw up a new regime for banking regulation at G20 are fuming at Barack Obama's intervention in Wall Street banks... more

Despite Obama's threats, 'prop' trading will survive

22.01.10
The question of what exactly does Barack Obama mean by "proprietary trading" was sweeping the City and Wall Street today... more

Barack Obama’s bank reform leaves Gordon Brown behind

22.01.10
As the City digests President Obama’s bold new moves to regulate the banks, the comparisons are inevitably with Gordon Brown’s approach... more

Hedge funds 'will mop up bank talent'

22.01.10
Mayfair's hedge fund industry could enjoy a huge influx of talent if the Barack Obama banking proposals go through... more

Barclays shares tumble on Barack Obama's banks plan

22.01.10
Barclays shares fall for a second day with investors fearing the implications for the bank of Barack Obama’s attack on Wall Street... more

Barack Obama's shake-up 'could hasten City exodus'

22.01.10
The City of London could see an exodus of its leading banks if the UK’s authorities move to copy Barack Obama’s plan for a radical shake-up of the financial sector... more

Barack Obama orders bank break-up to leave City reeling

21.01.10
Barack Obama is proposing the biggest shake-up of Wall Street since the Thirties in a move that will have massive implications for the British banking sector... more

Senate election shock threatens Barack Obama's reforms

20.01.10
Barack Obama’s presidential agenda is derailed by a shock by-election defeat which threatens his flagship healthcare reform and policy on Afghanistan and climate change... more

'Senator Beefcake' Scott Brown could kill health plans

20.01.10
Analysis: With so much goodwill behind Obama and more importantly big majorities in Congress, last year it seemed the world was on the brink of real and perhaps lasting change... more

One year on, Barack Obama is still a mystery

19.01.10
It is a curious truism that public images are usually at odds with private truths - a year into the Obama presidency, I wonder how well we understand him... more

Wall Street banks to pay out billions in bonuses

18.01.10
Wall Street banks will announce plans to pay out billions of dollars in bonuses this week, close to amounts seen before the financial crisis... more

Bankers shrug at the levy but pariah status causes alarm

15.01.10
Barack Obama has declared war on bank bonuses and wants his money back. But, it seems, this is not something many bankers are going to lose sleep over... more

More related topics: Barack Obama and

  • Facts
  • Obama has said of his extended family. “It's like a little mini-United Nations, I've got relatives who look like Bernie Mac, and I've got relatives who look like Margaret Thatcher”
  • While at Harvard Law School, Obama was the first African-American President of the Harvard Law Review
  • Obama is viewed favourably internationally, and in May 2009, was found to be the most popular world leader
  • Obama has won two Grammy awards for his audiobook readings of his books Dreams from My Father and The Audacity of Hope. Also, Obama’s ‘Yes We Can’ speech set to music by Black Eyed Peas band member will.i.am won an Emmy Award after it was posted on youtube.com
  • In January 2009, Obama signed his first bill into law – the Lilly Ledbetter Fair Pay Act of 2009, which made it easier to file an employment discrimination lawsuit
  • Obama was recently awarded a Nobel Peace Prize for his efforts in promoting world disarmament and peace.

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