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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Apr 01, 2016
Page
5
President Barack Obama outlines a plan to deter provocative nuclear missile tests and reduce tensions while upholding international obligations at a Security Summit. He frames disciplined action as essential to global stability and multilateral cooperation.
Obama and Xi pledged to work together to denuclearize the Korean Peninsula while narrowing disputes over cybersecurity human rights and maritime issues. They urged Beijing to enforce UN sanctions and joined Japan and South Korea in calling for stronger steps to deter North Korea, with broader talks on South China Sea tensions.
The Obama administration studies a general license allowing offshore banks to access dollars for foreign currency trades with Iran. Lawmakers argue the plan undermines last year’s nuclear accord, risking sanctions relief and provoking controversy in Congress.
The California Assembly approved SB3 to lift the statewide minimum wage to $15 an hour by 2022, with initial steps from $10 to $10.50 on Jan 1 and $1 increases each January thereafter. The plan moves to the state Senate for consideration.
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