'Only govt can jolt US out of recession'
China Daily | Updated: 2009-02-11 08:05
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US President Barack Obama speaks during his first news conference as president in the East Room of the White House, in Washington, DC. Bloomberg News |
President Barack Obama said only the government could rescue the world's biggest economy from a "negative spiral", as investors around the globe looked to the United States to lead the way out of the global financial crisis.
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