Sunday, April 12, 2009

Obama sees economic 'glimmers of hope'


Obama sees economic 'glimmers of hope'
11-04-2009

President Barack Obama says he sees "glimmers of hope" that the US economy may be breaking free of recession.

But he warned that a lot of work was needed to nurse it back to health. He spoke after talks with top officials steering the recovery effort.

The talks came amid some optimism about the US economy, tempered by historically high unemployment and media reports that troubled US automaker, General Motors, may find bankruptcy to be the only path out of its crisis.

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