Obama: Recession recovery 'a long ways off'

(NECN: L'Aquila, Italy) - President Barack Obama is hailing discussions at the G-8 summit, saying the world must come to grips with chronic problems like economic stagnation and climate change. Summing up three days of talks with fellow leaders in Italy, Obama said he and others have agreed that a full recovery from the global economic recession is "a long ways off." He also noted that he and the leaders of other industrialized nations had productive discussions about limiting the proliferation of nuclear weapon systems. read more

NECN | July 10, 2009

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