Washington

ROUNDUP: Obama administration drops "enemy combatant"

ROUNDUP: Obama administration drops "enemy combatant"Washington - US President Barack Obama has dropped previous policy of labeling Guantanamo Bay detainees as "enemy combatants," instead holding them under authority provided by Congress and under international law, the Justice Department said Friday.

In a document filed in federal court, the Justice Department broke with the predecessor Bush administration, which argued that the president had sole legal discretion as commander-in-chief to order detention of captives in the war on terrorism.

EU officials set for talks with US on Guantanamo

EU officials set for talks with US on Guantanamo Washington  - EU officials will be in Washington next week for talks with their US counterparts about President Barack Obama's plans to ask European countries to take some prisoners of the prisoners held at Guantanamo Bay.

The European Union's top justice official, Commissioner Jacques Barrot, and Czech Interior Minister Ivan Langer, whose country holds the rotating EU presidency, are expected to outline conditions for relocating detainees.

Obama administration drops "enemy combatant" at Guantanamo

Obama administration drops "enemy combatant" at Guantanamo Washington  - US President Barack Obama has abandoned holding detainees at Guantanamo Bay as "enemy combatants," and will instead use the authority to do so already provided by Congress and under international law, the US Justice Department said Friday.

In a document filed in federal court, the Justice Department broke with the Bush administration, which argued the president had the sole legal discretion as commander-in-chief to order the detention of captives in the war on terrorism.

US assures world that economic fundamentals are strong

US assures world that economic fundamentals are strong Washington  - The United States sought to reassure other countries Friday that its long-term economic prospects remained strong amid grumblings from China over its US holdings and increasing divisions with Europe over how to manage the global economic crisis.

President Barack Obama, who held a key meeting with his economic advisors at the White House, said the US potential for growth is "undiminished" and the world's largest economy would recover in the coming years.

ROUNDUP: Banking lobby seeks more government action to halt crisis

Banking lobby seeks more government action to halt crisis Washington - The world's banks need deeper government intervention and better cooperation to halt a deepening global recession and avoid a collapse of major financial institutions, the global financial lobby said Friday.

The International Institute of Finance (IIF) said the world's economy will shrink by 1.8 per cent this year - down from its January prediction of a 1.1-per-cent contraction that would mark the first global decline since World War II.

Global financial lobby wants more government action to halt crisis

Global financial lobby wants more government action to halt crisis Washington - The world's banks need more government intervention and better cooperation to halt a deepening recession and shore up struggling financial institutions, the global financial lobby said Friday.

The International Institute of Finance (IIF) said the world's economy will shrink by 1.8 per cent this year - down from its January prediction of a 1.1 per cent contraction that would mark the first since World War II.

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