Obama to withdraw 33,000 troops from Afghanistan by next summer
President Obama announced a phased pullout starting this summer with 5,000 troops home, another 5,000 by year end, totaling 10,000 this year and 33,000 by next summer. About 70,000 troops remain as combat shifts. The move frames a broader exit while keeping a substantial force in place.
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Gore Says Obama Has Gone Slow on Global Warming
Al Gore criticizes President Obama for failing to lead on climate action in a Rolling Stone essay. He argues Obama has not presented the magnitude of the crisis nor defended science, despite appointees making minor moves forward. Gore notes past efforts and diplomacy but calls for stronger presidential leadership.
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Copenhagen
Bernanke says economy slowdown persists into next year
Federal Reserve Chair Ben Bernanke told reporters the central bank was surprised by signs of deteriorating growth. He cautioned the weak housing market and banking problems could be more persistent than expected and that the pace may stay slow into the next year.
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Markets Fall and Rise Mixed on Wednesday
Dow slipped 80.34 to 12109.67 while Nasdaq declined 18.07 to 2669.19 and the S&P 500 rose 8.38 to 1287.14. Treasuries held steady at 4.22 percent as corn, soybeans, wheat, and oil traded with notable moves.
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Economic worries deepen as Obama faces polling slump
Americans grow gloomier about the nation’s direction and Obama’s leadership amid weak hiring, high gas prices, and global financial turmoil. The AP-GfK poll shows four of five view the economy as poor, with disapproval rising on health care and the deficit. Bernanke warns some slowdowns may persist into 2012 as Obama campaigns in battleground states.
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