US Presidential Primaries


[h=1]Obama boosted by US jobs growth[/h] US jobs growth has now held above 200,000 for three months running, the longest such stretch since early last year




Barack Obama said American businesses had added nearly 4m jobs over the past two years Link to this video Hopes that the US labour market has turned a corner have been fuelled by news that the world's largest economy added more jobs than expected last month.
In a boost to president Barack Obama's pledge to keep cutting unemployment a priority, the US enjoyed th longest stretch of solid jobs growth in almost a year. Government data showed 227,000 non-farm jobs were added last month, ahead of the 210,000 rise forecast by economists.
Gains in the two preceding months were also revised higher by a total 61,000 jobs, according to the closely watched non-farm payrolls report.
Jobs growth has now held above 200,000 for three months running, the longest such stretch since early last year.
Economists said the report gave clues to more strengthening ahead in the labour market, with a surge in temporary hiring and an encouraging slowdown in public sector job cuts.
Paul Ashworth, chief US economist, at Capital Economics said the latest numbers added to evidence the US labour market had turned a corner.
"Overall, another very strong payroll report and there's every chance that March will bring more of the same," he said.
The unemployment rate, however, remained at 8.3% as expected as more people came back into the labour market after not previously seeking work.
The dollar strengthened and Wall Street opened slightly higher after the jobs report, with the Dow Jones industrial average rising 23 points, or 0.2%, to 12,931 in early trading.
Marcus Bullus, trading director of MB Capital, said the data would be welcomed by traders.
"After a week packed with good news, the markets will lap up these numbers like a draft of champagne," Bullus said."And with eurozone unemployment at record levels, the US has just added more clear blue water between it and the strugglers across the Atlantic."
 

[h=1]Republican presidential win would lose US ground to China – UN climate chief[/h] Christiana Figueres says voting in climate-sceptic Republican would hand competitive technological edge to China and Europe




UNFCCC secretary Christiana Figueres at the Durban climate change conference in November 2011. Photograph: Mike Hutchings/Reuters

The United Nations climate chief has warned that US voters risk ceding progress to China and Europe if they opt for a presidential candidate who denies climate change.
Christiana Figueres, the executive secretary of the UN Framework Convention on Climate Change, told an audience in London: "The one thing [the frontrunners for the Republican candidacy] have in common is saying they do not believe in climate change, so it's very much the decision of the US electorate.
"My concern on this has been: is the US electorate willing to let history progress in such a way that it is China and Europe that are going to produce and benefit from the clean technologies we are going to be using? Is the US electorate willing to let the competitive edge on technology go to China or Europe or would they prefer to be leaders in technology? That is the question they have to answer."
The remarks by Figueres, a self-described "daughter of a revolutionary from Costa Rica", are unlikely to go down well with the Republican candidates, who tend to take a hostile view to the UN as well as climate change. Last year, the Republican-controlled House of Representatives cut funding to the UN climate science body, the Intergovernmental Panel on Climate Change.
Figueres also called on people everywhere to take a public stand on climate change, saying it was needed to achieve a globally co-ordinated effort to tackle greenhouse gas emissions.
"I do not see millions of citizens standing up demanding climate action. If we just export responsibility to governments the future [for the climate] looks bleak. Everyone has to accept their own responsibility."
Figueres faces a difficult year, as at last year's UN climate conference in Durban, countries pledged to produce a new draft treaty on climate change by 2015, to come into force by 2020. But in order to do so, governments must agree to substantially reduce emissions from 2020, and the gulfs between countries loom large.
This week, China submitted its draft proposals to the UN, which indicated that developed, not developing, countries should carry the burden of cutting emissions. That was regarded by some developed countries as a backward step.
There are also doubts among some prominent players as to whether the process agreed in Durban can succeed. But Figueres insisted that the process was "on track", with a meeting scheduled for May at which countries would agree a "workplan" and timetable for the rest of the negotiations. She said countries were already meeting in many informal groups that would push the negotiations forward.
Figueres also lambasted the wasteful use of energy, particularly in the US. "[Developed countries must adopt] responsible consumption habits, especially [with regard to] the sheer waste of energy. We have reached the point where that is irresponsible and no longer sustainable."
But she also had a warning for developing countries. "Unless you are looking at development through a climate change lens, then we are walking down a plank that is going to be very, very dangerous." She added that developing countries faced an equally important pressure to ensure that their economic development was carried out responsibly, using new technologies such as renewable energy.
Figueres was giving the Barbara Ward lecture at the International Institute for Environment and Development in London, named after one of the first thinkers to address how economic development can be achieved with minimal environmental harm. Figueres told the audience that, in line with the call from the late Barbara Ward, we should all try to "walk lightly" on the earth and use its resources carefully.
 
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