U.S. presidential candidate John McCain suspends campaign
"What I’m planning to do right now is to debate on Friday," the Democrat told reporters here ahead of Friday’s scheduled encounter in Mississippi, also indicating that he planned to maintain his campaign activity.
"With respect to the debates, it’s my belief that this is exactly the time when the American people need to hear from the person who in approximately 40 days will be responsible for dealing with this mess," he said.
Explaining that he had first reached out to McCain early Wednesday to forge a joint statement on the financial crisis, Obama indicated that McCain had jumped the gun by announcing his surprise decision to put his campaign on hold.
McCain had agreed to the statement but in an afternoon telephone call, he also suggested a joint trip by the White House contenders to Washington to meet with leaders in Congress and perhaps President George W. Bush, Obama said.
The Illinois senator said he wanted the statement out first, and while their staffs were thrashing out the wording, "when I got back to the hotel, he had gone on television to announce what he intended to do."
The Democrat said he was ready to return to Washington at any time if needed by congressional leaders as they thrash out a 700-billion-dollar economic bailout package.
"What I think is important though is that we don’t suddenly infuse Capitol Hill with presidential politics at a time when we’re in the middle of some very delicate and difficult negotiations," he said in a veiled dig at McCain.
"My attitude is we need to be focussed on solving the problem ... but I think it is also important that we communicate to the American people where we need to go in getting us out of this situation," the Democrat said.
"I think it’s possible to do both. I believe that we should continue to have the debate," he stressed, after debate organizers said they were pressing ahead with their planning for Friday.
"I think that it makes sense for us to present ourselves before the American people to talk about the nature of the problems that we’re having in our financial system, to talk about how it relates to our global standing in the world," Obama added.
"And you know, obviously if it turns out that we need to be in Washington, we’ve both got big planes. We’ve painted our slogans on the sides of them. They can get us from Washington DC to Mississippi fairly quickly."
Although McCain said he was acting in a spirit of bipartisanship, senior Democrats lobbed criticism at the Republican as polls showed Obama surging on the back of the financial tumult.
Obama’s elder senator from Illinois, Dick Durbin, contrasted McCain’s abrupt announcement to his declaration early last week that the US economy was fundamentally "strong."
"With polls showing his campaign is at its weakest, Senator McCain’s decision may have less to do with the drop in the Dow Jones (share) average and more to do with a decline in the Gallup poll," Durbin said.
Senate Majority leader Harry Reid also rebuffed McCain’s intervention as a political gimmick, in a telephone conversation with the Republican contender, ABC News reported.
"We need leadership, not a campaign photo op," the top Democrat said in a statement.
Americas
Firings now underway at Office of Director of US National Intelligence, source says
New round of Israel-Lebanon talks mediated by US to be held in Washington on Tuesday
Trump criticizes NATO allies over response to Iran war
Ford, General Motors may produce weapons, including Patriot, Tomahawk — Trump
NEWS FEED
Armenian soldier loses leg after being injured during training
World Cup 2026: Four national teams already eliminated from the tournament
Armenian Security Council Secretary Armen Grigoryan to visit Poland
Iran says unfreezing of $12 billion in assets begins following talks with US
Gold and silver futures decline on COMEX
64 suspects detained in Istanbul operation against fraudulent residence permits
Firings now underway at Office of Director of US National Intelligence, source says
Natural gas futures rise on NYMEX
Oil prices continue to fall in world markets
Azeri Light oil falls to $80.43 per barrel
New round of Israel-Lebanon talks mediated by US to be held in Washington on Tuesday
Trump criticizes NATO allies over response to Iran war
Ford, General Motors may produce weapons, including Patriot, Tomahawk — Trump
Iran, US establish four specialized working groups on conflict resolution issues
France will not support lifting sanctions on Iran
Trump: Preventing Iran from developing nuclear weapons is more important than global crisis
Argentina beats Austria, reaches FIFA World Cup knockout stage as Messi shines again
Qatar to help create mechanism to control use of Iran’s frozen assets — Vance
Messi becomes leading goalscorer in World Cup history
Erdoğan welcomes Iran-US agreement in call with Pezeshkian
2 injured in drone attack on Turkish-owned vessel off Ukraine coast
Azerbaijan’s Top Diplomat discussed current situation between the two countries with his Turkmen counterpart
Human skeletal remains discovered in Aghdam
Rubio heads to UAE, Kuwait, Bahrain to discuss Iran deal with Gulf allies
EU vows deeper integration of Moldova before membership
Kazakh President arrives in Brussels on official visit
State banquet hosted on behalf of President Ilham Aliyev in honor of President of Turkmenistan-PHOTO
Council of Europe Baku Office head Petr Zix summoned to Foreign Ministry
Turkmen minister visits DOST Center
Azerbaijani citizens among top five groups of foreigners permanently residing in Georgia
Northern Ireland First Minister accuses Keir Starmer of discrimination
13 killed, 66 injured in gas processing plant explosion in Qatar-UPDATED-1
Azerbaijan, Turkmenistan discuss expanding customs cooperation
President Ilham Aliyev: Relations with Turkmenistan are built on a solid foundation of historical and cultural ties
Georgia to establish unified register of foreigners
Netanyahu says Israel will remain in southern Lebanon as long as necessary
US license issues authorization for Iranian oil transactions
Qatar PM: We have reached the stage of ending the war between the US and Iran
Presidents of Azerbaijan and Turkmenistan delivered press statements-PHOTO - UPDATED
President: We have always supported and will continue to support Turkmenistan’s policy of neutrality
President Ilham Aliyev: Cooperation between Azerbaijan and Turkmenistan in transport and logistics is long-term in nature
Body of third victim recovered from sea in Mardakan, one person still missing-UPDATED-1
Serdar Berdimuhamedov: Cooperation between Turkmenistan and Azerbaijan serves the long-term interests of our countries
At least 14 killed in fire at coaching centre in India's Lucknow
Prime Minister of the Kurdistan Region of Iraq congratulates President Ilham Aliyev on Independence Day and Eid al-Adha
Vietnam's President congratulates Azerbaijani leader on 108th anniversary of Independence Day
Boy killed, 2 children hurt in Philippine mortar explosion
Iran must rein in Hezbollah under new deconfliction process, Vance says
Iran has agreed to invite IAEA inspectors back into country: Vance
Vance: Iran threatened to suspend talks, but dialogue continued until the end