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Obama sees “glimmers of hope” in economy

April 15, 2009

US President Barack said last week that the recession-hit US was showing “glimmers of hope” despite remaining under strain and promised further steps in coming weeks to tackle the financial crisis. “We’ve still got a lot of work to do,” told reporters after a meeting with economic and regulatory teams plus Board Chairman . But he added, “We’re starting to see progress.” spoke a day after encouraging trade and jobless figures pushed stocks higher, and predicted the would emerge from a sense of “freefall” by the middle of the year.

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