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June 29 (Reuters) – Taiwan stocks closed 1 percent lower on Tuesday as the boost from a landmark trade deal with China to be signed later in the day faded.
The main TAIEX index fell 77.22 points to 7,423.57 after having risen as much as 1.1 percent earlier in the session.
See [nECFA] for more on the trade deal. (Reporting by Jonathan Standing; Editing by Jonathan Hopfner)
June 22 (Reuters) – European shares slipped in early trade on Tuesday after strong gains over the past nine sessions, with euphoria over China’s currency move dissipated and prompted equity investors to take profits from seven-week highs.
Stocks | Global Markets
At 0705 GMT, the FTSEurofirst 300 .FTEU3 index of top European shares was down 0.6 percent at 1,049.05 points after hitting its highest closing since early May on Monday following an announcement by China’s central bank over the weekend that it would allow more flexibility for the currency.
“It was good for one day, but now we are back to business. The market is going to focus again on macro-economic numbers,” said Koen De Leus, economist at KBC Securities.
“People gave much more weight to the currency move than it deserved. Of course trade fictions have been avoided for the moment, but there are still some people in the U.S. who are not very pleased with China.”
Financial stocks were among the top losers, with STOXX Europe 600 banking index .SX7P falling 1.2 percent. Barclays (BARC.L), BNP Paribas (BNPP.PA) and Societe Generale (SOGN.PA) fell 1.6 to 2.8 percent. (Reporting by Atul Prakash)
PARIS, June 2 (Reuters) – French carmaker PSA Peugeot Citroen (PEUP.PA) said on Wednesday talks on the possible early pay-back of part of its loan from the French state were going well.
France awarded loans of 3 billion euros ($3.7 billion) each to PSA and rival Renault (RENA.PA) early last year to ensure the survival of the two groups, which account for hundreds of thousands of French jobs.
PSA Chief Executive Philippe Varin said the group had indicated to the government it could pay back 1 billion euros of the loan in the second half of the year. The loan is not due to be paid back until early 2011.
“In fact, the initial reaction was surprise, reservation, but I understand that talks are now taking place, proceeding very positively,” Varin told PSA’s annual shareholders’ meeting.
Renault CEO Carlos Ghosn has also said the group wants to repay the loan early. He said in April Renault would discuss with PSA the timing of repayment of the loan. [ID:nLDE63T110]
PSA also repeated an earlier forecast for “significant” first-half recurring operating income, though Varin repeated his prediction that the European car market would shrink around 9 percent in 2010.
Data released on Tuesday showed French and Italian car sales falling but Spain growing strongly as government support fades at different times in different markets. [ID:nLDE6500F9] Varin told BFM radio earlier on Wednesday PSA’s agreement with Germany’s BMW (BMWG.DE) worked well and there was no need for a stake swap. PSA works with BMW on petrol engines and is looking to expand the partnership.
“Our cooperation with BMW is extremely efficient and today does not need the exchange of 1, 2, 3 percent of capital,” he said. “It works very well between us.”
Earlier this year, PSA and its Japanese partner Mitsubishi Motors Corp (7211.T) held talks over a possible stake swap but abandoned the plan, saying conditions were not right. [ID:nTOE622063]
Peugeot and Citroen are due to launch their electric cars, the iOn and C-Zero, based on Mitsubishi’s iMiEV, later this year in Europe.
Varin told shareholders the group sees electric vehicles, hybrid and plug-in hybrid vehicles accounting for 15 percent of new vehicle sales in Europe by 2020.
By 1021 GMT, PSA shares were down 0.9 percent, compared with a 1.2 percent drop in the CAC-40 index .FCHI.
Renault and Japanese partner Nissan (7201.T) are aiming together to become the world’s third-largest car manufacturer this year, the CEO of both companies, Carlos Ghosn, told the Financial Times on Wednesday. [ID:nLDE651071] (Reporting by Helen Massy-Beresford and Gilles Guillaume; Editing by David Holmes) ($1=.8231 Euro)
A week that began under intense scrutiny for Tiger Woods ended quietly, as the world number one was pushed into the background by a rival’s heart-warming victory at the US Masters.
Woods gave way to a player considered to be one of the “good guys”, as Phil Mickelson birdied four of the last seven holes to claim his fourth major title, and a third green jacket, by three shots over Briton Lee Westwood.
Playing his first event since news of his extramarital affairs drove him into hiding for nearly five months, Woods remained in the hunt for a 15th major title until late in his round, finishing in a tie for fourth, five shots behind Mickelson.
But the result was not good enough for a combative Woods, who arrived in Augusta expecting to win a fifth Masters title.
“I wanted to win this tournament,” Woods said. “As the week wore on I kept hitting the ball worse.
“I entered this event and I only enter events to win and I didn’t get it done.
“I didn’t hit the ball good enough and I made too many mistakes around the greens, consequently I’m not there.”
The US Masters, held at one of the world’s most exclusive clubs at Augusta National, represented the first cautious step in Woods’ comeback and the tight security proved to be the perfect re-entry point, shielding him from the tabloid media that had tormented him.
The galleries were mostly welcoming and the reviews of his performance, on and off the golf course, generally positive but the same cannot be guaranteed when he next appears.
The 34-year-old American will have much to consider and his comeback now enters unknown and possibly hostile territory – wherever that may be.
“I’m going to take a little time off and kind of re-evaluate things,” Woods said.
Still hungry
Despite the disappointment of not adding the title, Woods will have to be pleased with the state of his game.
There were definite signs of rust, which were to be expected, but there were also plenty of positives, including a single Masters record-equalling four eagles.
The lay-off had also done nothing to dull Woods’ competitiveness, which was on full display during a roller-coaster final round.
After a stumbling start to the day with three bogeys in the first five holes, Woods stormed into the turn going eagle, birdie, birdie from the seventh.
He continued his up-and-down play on the back nine, mixing bogeys at the 11th and 14th with a birdie at the 13th followed by another eagle at 15 before signing off with a six-foot birdie putt at the last.
“It was a really tough day,” Woods said. “I felt very uneasy on every shot I hit out there.
“I tried as hard as I possibly could to post a number and give myself a chance.
“I really dug deep to find something and that’s something I’m pretty proud of.”
Gaining control of his game is sure to be easier than gaining control of his emotions, which Woods has made a priority as he tries to repair his battered image.
He had been on his best behaviour since arriving at Augusta, as he launched a major charm offensive in an effort to win back fans and sponsors.
He had pledged during a media conference on Monday to give fans and the game more respect and try to tone down his anger and occasional profanity-laced outburst.
For the second consecutive day, Woods allowed his emotions to get the better of him during the final round and once again he was unapologetic for his intensity on the course.
“I think people are making way too much of a big deal of this thing,” Woods said.
“I’m not going to be walking around there with a lot of pep because I hadn’t hit a good shot yet.”
(Reuters) – A week that began under intense scrutiny for Tiger Woods ended quietly on Sunday, as the world number one was pushed into the background by a rival’s heart-warming victory at the Masters.
Sports
Golf’s bad boy after admitting to a string of extra-marital affairs, Woods gave way to a player considered to be one of the “good guys” as Phil Mickelson birdied four of the last seven holes to claim his fourth major title, and a third Green Jacket, by three shots over Briton Lee Westwood.
Playing his first event since news of his affairs drove him into hiding for nearly five months, Woods remained in the hunt for a 15th major title right until the end, finishing in a tie for fourth, five shots behind Mickelson.
But the result was not good enough for a combative Woods, who arrived in Augusta expecting to win a fifth Green Jacket.
“I wanted to win this tournament,” Woods told reporters. “As the week wore on I kept hitting the ball worse.
“I entered this event and I only enter events to win and I didn’t get it done.
“I didn’t hit the ball good enough and I made too many mistakes around the greens, consequently I’m not there.”
WHERE TO?
The Masters at one of the world’s most exclusive clubs at Augusta National represented the first cautious step in Woods’s comeback and the tight security proved to be the perfect re-entry point, shielding him from the tabloid media that had tormented him.
The galleries were mostly welcoming and the reviews of his performance, on and off the golf course, generally positive but the same cannot be guaranteed when he next appears.
The 34-year-old American will have much to consider and his comeback now enters unknown and possibly hostile territory — wherever that may be.
“I’m going to take a little time off and kind of re-evaluate things,” said Woods.
Despite the disappointment of not adding the title, Woods will have to be pleased with the state of his game.
There were definite signs of rust, which were to be expected, but there were also plenty of positives, including a single Masters record equaling four eagles.
The layoff had also done nothing to dull Woods’s competitiveness which was on full display during a roller coaster final round.
After a stumbling start to the day with three bogeys in the first five holes, Woods stormed into the turn going eagle, birdie, birdie from the seventh.
He continued his up-and-down play on the back nine, mixing bogeys at the 11th and 14th with a birdie at the 13th followed by another eagle at 15 before signing off with a six-foot birdie putt at the last.
“It was a really tough day,” he said. “I felt very uneasy on every shot I hit out there.
“I tried as hard as I possibly could to post a number and give myself a chance.
“I really dug deep to find something and that’s something I’m pretty proud of.”
BEST Behavior
Gaining control of his game is sure to be easier than gaining control of his emotions, which Woods has made a priority as he tries to repair his battered image.
He had been on his best behavior since arriving at Augusta as he launched a major charm offensive in an effort to win back fans and sponsors.
He had pledged during an interview on Monday to give fans and the game more respect and try to tone down his anger and occasional profanity-laced outburst.
For the second consecutive day, Woods allowed his emotions to get the better of him during the final round and once again he was unapologetic for his intensity on the course.
“I think people are making way too much of a big deal of this thing,” said Woods. “I’m not going to be walking around there with a lot of pep because I hadn’t hit a good shot yet.”
(Editing by Greg Stutchbury)
AUGUSTA, Georgia, April 11 (Reuters) – A week that began under intense scrutiny for Tiger Woods ended quietly on Sunday, as the world number one was pushed into the background by a rival’s heart-warming victory at the U.S. Masters.
Golf’s bad boy after admitting to a string of extra-marital affairs, Woods gave way to a player considered to be one of the “good guys” as Phil Mickelson birdied four of the last seven holes to claim his fourth major title, and a third Green Jacket, by three shots over Briton Lee Westwood.
Playing his first event since news of his affairs drove him into hiding for nearly five months, Woods remained in the hunt for a 15th major title right until the end, finishing in a tie for fourth, five shots behind Mickelson.
But the result was not good enough for a combative Woods, who arrived in Augusta expecting to win a fifth Green Jacket.
“I wanted to win this tournament,” Woods told reporters. “As the week wore on I kept hitting the ball worse.
“I entered this event and I only enter events to win and I didn’t get it done.
“I didn’t hit the ball good enough and I made too many mistakes around the greens, consequently I’m not there.”
WHERE TO?
The U.S. Masters at one of the world’s most exclusive clubs at Augusta National represented the first cautious step in Woods’s comeback and the tight security proved to be the perfect re-entry point, shielding him from the tabloid media that had tormented him.
The galleries were mostly welcoming and the reviews of his performance, on and off the golf course, generally positive but the same cannot be guaranteed when he next appears.
The 34-year-old American will have much to consider and his comeback now enters unknown and possibly hostile territory — wherever that may be.
“I’m going to take a little time off and kind of re-evaluate things,” said Woods.
Despite the disappointment of not adding the title, Woods will have to be pleased with the state of his game.
There were definite signs of rust, which were to be expected, but there were also plenty of positives, including a single Masters record equalling four eagles.
The layoff had also done nothing to dull Woods’s competitiveness which was on full display during a roller coaster final round.
After a stumbling start to the day with three bogeys in the first five holes, Woods stormed into the turn going eagle, birdie, birdie from the seventh.
He continued his up-and-down play on the back nine, mixing bogeys at the 11th and 14th with a birdie at the 13th followed by another eagle at 15 before signing off with a six-foot birdie putt at the last.
“It was a really tough day,” he said. “I felt very uneasy on every shot I hit out there.
“I tried as hard as I possibly could to post a number and give myself a chance.
“I really dug deep to find something and that’s something I’m pretty proud of.”
BEST BEHAVIOUR
Gaining control of his game is sure to be easier than gaining control of his emotions, which Woods has made a priority as he tries to repair his battered image.
He had been on his best behaviour since arriving at Augusta as he launched a major charm offensive in an effort to win back fans and sponsors.
He had pledged during an interview on Monday to give fans and the game more respect and try to tone down his anger and occasional profanity-laced outburst.
For the second consecutive day, Woods allowed his emotions to get the better of him during the final round and once again he was unapologetic for his intensity on the course.
“I think people are making way too much of a big deal of this thing,” said Woods. “I’m not going to be walking around there with a lot of pep because I hadn’t hit a good shot yet.”
(Editing by Greg Stutchbury; To query or comment on this story email sportsfeedback@thomsonreuters.com)
LONDON, April 9 (Reuters) – British gilt futures fell in
line with Bunds in early trade on Friday as investors unwound
safe-haven trades that had supported prices in the last session.
Investors had dumped Greek assets on Thursday on mounting
worries about Greek government borrowing and turned to safer
investments, such as Bunds and gilts. [ID:nLDE6370QK]
European equities markets made a firm start to Friday’s
session, adding to the pressure on government bonds.
By 0727 GMT, the June gilt future FLGM0 was 18 ticks down
at 114.07, keeping step with Bunds.
In the cash market, the yield on ten-year gilts was 3 basis
points higher at 4.033 percent, leaving the spread against Bunds
at 91 basis points.
Traders said prices had also come under pressure from firm
euro zone data earlier this session and noted that gilt flows
were light due to investor caution in the run-up to a national
election on May 6. [nUKPOLLS10]
“Yesterday’s flight-to-quality bid due to Greece is being
shaken out this morning,” said a London-based trader.
“Positioning is pretty flat: people want to be quite careful
going into the election.”
* The Office for National Statistics will publish March
producer prices data at 0830 GMT.
* Jun gilt FLG09 114.07 (-0.18)
* Jun short sterling FSSM0 99.30 (UNCH)
* Sep short sterling FSSU0 99.15 (-0.01)
* 10-year yield 4.03 percent (+3 bps)
——————— KEY MARKET DATA—————————
Long Gilt futures <0#FLG:> Gilt benchmark chain <0#GBBMK=>
Short Stg futures <0#FSS:> Cash market quotes
Deposit rates DM= Sterling cross rates GBPX1=
UK debt speedguide
——————–KEY MARKET REPORTS————————–
Gilts [GB/] Sterling [GBP/]
Euro Debt [GVD/EUR] Dollar [USD/]
U.S. Treasuries [US/] Debt reports [DBT]
——————– GILT STRIPS DATA ————————–
Gilt strips data
Gilt strips IO <0#GBSTRIPIO=> Gilt strips PO <0#GBSTRIPPO=>
A list of all the strippable British gilts <0#GBSTRIPTSY=>
——————— FOR MORE NEWS —————————-
Top British news [TOP/UK] World news [GLANCE/G]
UK diary [GB/DIARY] Press reviews [PRESS]
New from Reuters [INFO]
Useful Speedguides REUTERS
* What: Japan utilities’ electricity output for March
* When: Tuesday, April 13, 0200 GMT
* Electricity output seen increasing for 4th straight month
* Rise due to rebound in industrial activity
By James Topham
TOKYO, April 2 (Reuters) – Japan’s electricity generation
probably rose 7.7 percent last month, the fastest year-on-year
increase in over 1-½ years, Reuters projections show, amid
stronger power demand from heavy industrial users.
Electricity demand is likely to continue rising in the first
half of the year compared with a year earlier, analysts said,
when power consumption tumbled as manufacturers cut production to
combat a slowdown triggered by the global financial crisis.
“With power demand from industrial users picking up, I think
we’re going to see firm demand on a year-on-year basis until
about June or July,” said Kaname Gokon, research manager at
broker Okato Shoji in Tokyo.
March data from the Federation of Electric Power Companies of
Japan, due on April 13, is expected to show the fourth straight
month of rises in power generation and the biggest gain since a
9.5 percent jump recorded in July 2008.
The expected rise comes after Japan’s 10 power firms
generated 80.02 billion kilowatt-hours of electricity in
February, up 7.4 percent from a year earlier, when power output
plummeted by a record 15.8 percent for the month. [ID:nTOE62B00B]
<^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^
For a graphic on power generation data since 2002, double-click:
here
^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>
Last year’s recession hit power consumption hard, but as
demand for goods from emerging markets like China improves,
Japanese manufacturing activity has picked up, increasing power
usage from some of the archipelago’s heaviest users.
For the first quarter of 2010, electricity output rose 6.1
percent from a year earlier, Reuters projections showed, compared
with a 1.9 percent fall in the fourth quarter of 2009.
But such solid gains may not continue throughout 2010, as
economists forecast Japan’s economic growth to slow as the boost
from worldwide stimulus spending fades and the government cuts
public works spending.
Several Japanese power firms have said they expect only slow
to moderate growth for the current business year.
On Wednesday, Japan’s largest utility, Tokyo Electric Power
Co (TEPCO) (9501.T), projected sales to grow 1.9 percent in the
financial year that started on April 1, after an estimated 2.9
percent drop the previous year. [ID:nTOE62U07A]
(Editing by Chris Gallagher)
Washington, Mar 16 (ANI): In basketball, picking the higher-seeded team to beat a lower-seeded opponent usually works only in the first three rounds of the tournament, according to a University of Illinois expert in statistics and data analysis
Once the tournament enters the Elite Eight round, a team’s seed in the tournament is irrelevant.
Sheldon H. Jacobson said that after the Sweet Sixteen round of play, ignore a team’s seeding, which is a statistically insignificant predictor of a team’s chances of winning.
“In the Sweet Sixteen round, the rankings still hold – but just barely. From the Elite Eight round and onward, you might as well pick names out of a hat,” said Jacobson.
He added that the impetus of the study was to see if a team’s seeding was a good predictor of how far the team ultimately would go in the Big Dance.
“You would expect once you get deeper in the tournament that the higher seeds would continue to dominate. But after the Sweet Sixteen, top seeds stop dominating. For just about any team they play, no matter what their initial seeding was, the odds of either team winning is reduced to a coin flip,” said Jacobson.
He said that tournament seedings, which are determined by a ten-member committee of NCAA basketball athletic directors and conference commissioners from across the country, are an easy, convenient predictor for people with little knowledge of the current college basketball scene, but are ultimately ineffective in predicting the final three rounds of the six-round tournament.
“People often overvalue seedings. The best advice is, pay attention to them early in the tournament, but as the tournament gets going, remember that their usefulness as a predictive measure fades,” he said.
“By the Elite Eight, you have to study the more qualitative aspects of a team. You have to pay attention to intangibles such as match-ups, injuries, how close they are to their home and how many home fans are going to be there. Those factors make more of a difference than seeding,” he added.
The study has been published in the Journal of Gambling Business and Economics. (ANI)
Retail sales in the US unexpectedly dropped in April for a second month, indicating that the rising unemployment rate is prompting consumers to boost their savings.
The 0.4% decrease followed a revised 1.3% drop in March that was larger than previously estimated, the commerce department said on Wednesday in Washington. Excluding auto dealers, sales fell 0.5%.
Fewer jobs, falling home values and the biggest loss of household wealth on record may limit consumers’ ability to spend for years, analysts said. As long as the biggest part of the economy is constrained, any recovery from the worst recession in at least half a century is likely to be subdued.
“The consumer remains in a difficult situation,” Maxwell Clarke, chief U.S. economist at IDEAglobal in New York, said in a note to clients before the report. “It remains unclear how they will proceed forward as credit access fades alongside further home price deterioration and an increasingly difficult financial environment.”
Stock-index futures slid and Treasuries climbed after the report. Contracts on the Standard and Poor’s 500 Stock Index dropped 1.8% to 890.50 at 8:37 am in New York. Benchmark 10-year note yields fell to 3.13% from 3.18% late on Tuesday.
Economists forecast sales would be unchanged, according to the median of 67 projections in a Bloomberg News survey, after a previously reported 1.2% drop in March. Estimates ranged from a 0.8% decline to an increase of 1.1%. Excluding autos, sales were projected to rise 0.2% after a 1% decrease a month earlier, according to a Bloomberg survey. The decline in sales was led by falling demand at electronics, furniture, clothing and grocery stores. Receipts at service stations also fell in April, even as fuel prices climbed, indicating Americans may be cutting back on driving to save money.
Sales at clothing retailers decreased 0.5%. Those at general-merchandise stores fell 0.1%. The figures run counter to an industry report last week that showed demand improved. April same-store sales rose 0.7%, the first gain since September, according to the International Council of Shopping Centers, the New York-based trade group that measures sales at about 40 retail chains.
‘Working’ Through “We’re still working our way through the slowdown,” said Mike Niemira, chief economist at the ICSC. “I think it will get better as the year progresses. The month of May will still be tough and I suspect by the summer that things will be a little broader in terms of the improvement.”
Kohl’s Corp and BJ’s Wholesale Club Inc were among retailers last week that said first-quarter preliminary earnings exceeded their forecasts and April sales signaled shoppers are returning to stores.
Wal-Mart Stores Inc, the world’s largest retailer, said sales at US stores open at least a year rose 5%, also beating estimates. Car dealers, unexpectedly, were among the retailers that showed an increase last month. Auto sales gained 0.2% after dropping 2% in March. The government figures don’t always correlate with industry reports issued earlier in the month. Autos sold at a 9.3 million annual pace in April, compared with a 9.9 million rate in March, according to industry data.
Bloomberg
Washington, May 6 (ANI): When President Barack Obama meets both Pakistan President Asif Ali Zardari and Afghanistan President Hamid Karzai here today, he will stress that both are facing the same enemy and need to overcome their mistrust to ensure that joint efforts against the Taliban are not hampered.
Obama administration officials say their approach toward Pakistan and Afghanistan differs from the Bush administrations’ in important ways.
“We’d like an alliance with these two countries against this common threat. It’s very simple, but very profound,” an official said at a briefing for reporters on Tuesday.
Another senior official said Washington would be watching Pakistan closely to see if it pulls back after the concerted effort against militants.
“The past week has reflected a considerable degree of seriousness. We’ll see what follows after this. We’ll be watching intently,” the official said.
American officials are worried that the urgency among Pakistani officials for taking far-reaching steps against the Taliban will also shrivel as the immediate crisis fades.
“We have seen – I have certainly seen – over the last couple of years, bursts of fighting and engagement … and they are not sustained,” Admiral Mike Mullen, the chairman of the US Joint Chiefs of Staff, told reporters Monday after a recent visit to Pakistan and Afghanistan.
The administration also played down reports it was losing faith in Zardari. “We are working very hard to help the Pakistani government in its hour of need,” said a senior administration official. “We are not abandoning them. Nor are we distancing ourselves from Asif Ali Zardari.”
In preparation for the three-way meetings, aides have been discussing the details of an expanded U.S. aid program aimed at encouraging Pakistan not to slip back into ignoring the militant threat it faces.
U.S. officials in recent years have used a combination of encouragement and pressure aimed at Pakistan government in hopes of heading off efforts to reach short-term peace deals with the militants.
U.S. officials have also signaled their interest in reaching out to Zardari’s political opponents, a move apparently aimed at reminding him ahead of his meeting with Obama that support from Washington should not be taken for granted.
Obama has made dealing with the Taliban and al-Qaida sanctuaries in Pakistan the centerpiece of his strategy for stabilizing Afghanistan. (ANI)
Hong Kong – Hong Kong shares fell by more than 2 per cent Wednesday as doubts began to surface over the effectiveness of the US toxic assets’ plan.
The blue-chip Hang Seng Index lost 288.23 points, or 2.07 per cent, to close at 13,622.11 points. Turnover was 54.1 billion Hong Kong dollars (6.98 billion US dollars.)
The losses, which saw the index fall back from a five-week high, mirrored negative sentiment on Wall Street overnight as confidence in the latest US fiscal rescue package faltered. (dpa)
Washington, Feb.20 (ANI): The hype and frenzy around the US President Barack Obama seems to be lowering down as results of a Fox News opinion suggest.
According to the poll, one month after Obama’s taking over the charge, 60 percent of American’s approve of the job he is doing. It was 65 percent three weeks ago (27-28 January 2009).
Similarly, percentage of people disapproving from his work has also gone up from 16 percent to 26 percent.
The primary factor behind such trend can be ascribed to a decrease in approval and an increase in disapproval among Republicans, the Fox News said.
Percentage regarding views of Obama as a person also declined with 68 percent of Americans having a favorable opinion of him and 25 percent unfavorable.
“These poll results highlight just how quickly the glow of inauguration festivities fades as well as the fluid state of public opinion in this tumultuous time,” Opinion Dynamics Vice President, Chris Anderson said.
The poll also revealed that 64 percent of Americans believe in Obama’s ability to bring positive change, a decline of 11 percent from statistics if mid-January, which showed 75 percent of people saying Obama will be able to make significant positive change for the country.
When asked whether they would be watching Obama’s first presidential address to the nation, 54 percent of people replied in affirmative, while 28 percent of people said they were not sure about it. (ANI)
Washington, Feb.20 (ANI): The hype and frenzy around the US President Barack Obama seems to be lowering down as results of a Fox News opinion suggest.
According to the poll, one month after Obama’s taking over the charge, 60 percent of American’s approve of the job he is doing. It was 65 percent three weeks ago (27-28 January 2009).
Similarly, percentage of people disapproving from his work has also gone up from 16 percent to 26 percent.
The primary factor behind such trend can be ascribed to a decrease in approval and an increase in disapproval among Republicans, the Fox News said.
Percentage regarding views of Obama as a person also declined with 68 percent of Americans having a favorable opinion of him and 25 percent unfavorable.
“These poll results highlight just how quickly the glow of inauguration festivities fades as well as the fluid state of public opinion in this tumultuous time,” Opinion Dynamics Vice President, Chris Anderson said.
The poll also revealed that 64 percent of Americans believe in Obama’s ability to bring positive change, a decline of 11 percent from statistics if mid-January, which showed 75 percent of people saying Obama will be able to make significant positive change for the country.
When asked whether they would be watching Obama’s first presidential address to the nation, 54 percent of people replied in affirmative, while 28 percent of people said they were not sure about it. (ANI)
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