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AP – Asian stocks mostly rose Tuesday as investors anticipated a compromise would resolve the U.S. debt deadlock even as President Barack Obama described his country as being dangerously close to default.

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AFP – London shares climbed at the start of trading on Wednesday, taking their lead from Asia and Wall Street after US President Barack Obama threw his weight behind a plan to slash the country’s deficit that could avert a devastating default.

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AFP – President Barack Obama faced a new challenge to his economic agenda after dismal statistics on job creation and an uptick in the unemployment rate sent US stocks plunging.

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AFP – President Barack Obama faced a new challenge to his economic agenda after dismal statistics on job creation and an uptick in the unemployment rate sent US stocks plunging.

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Reuters – President Barack Obama plans to nominate Daniel Gallagher as a commissioner at the Securities and Exchange Commission, the White House said on Wednesday.

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AP – Stocks are mixed in afternoon trading as investors weighed the impact of President Barack Obama’s budget proposal for the next fiscal year.

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• Edward Kennedy,United States Senator for Massachusetts
• Gordon Brown,Prime Minister of the United Kingdom and leader of the Labour Party
• Christine Lagarde,Minister of Finance of France
• Thomas Dart,Sheriff of Cook County
• Avigdor Lieberman,Israeli Minister of Foreign Affairs and Deputy Prime Minister of Israel
• Joaquín Guzmán,Mexican drug lord
• Nouri al-Maliki,Iraqi Prime Minister
• Hillary Clinton,United States Secretary of State
• Susilo Bambang Yudhoyono,President of Indonesia
• Boris Johnson,Mayor of London
• Norah al-Faiz,deputy minister for women’s education of Saudi Arabia
• Elizabeth Warren,Professor of Law at Harvard Law School
• Paul Kagame,Rwanda’s President
• Nicolas Sarkozy,President of French Republic
• Angela Merkel,Germany’s Chancellor
• Wang Qishan,Vice-Premier of China
• Xi Jinping,Vice President of China
• David McKiernan,Commander, International Security Assistance Force (ISAF) and Commander, U.S. Forces Afghanistan (USFOR-A)
• Ashfaq Kayani,Chief of Army Staff of the Pakistan Army
• Barack Obama,President of United States

President Barack Obama believes a quick, negotiated bankruptcy is the most likely way for General Motors Corp. to restructure and become a competitive automaker, people familiar with the matter said.

Obama also is prepared to let Chrysler LLC go bankrupt and be sold off piecemeal if the third-largest U.S. automaker can’t form an alliance with Fiat SpA, said members of Congress who were briefed on the GM and Chrysler situation before the president said two days ago that the automakers’ viability plans were insufficient.