Obama Addresses UN
President tells world leaders that global economic crisis has been averted.
President Obama has delivered a major policy address to the United Nations.
President Obama laid out his foreign policy wish-list, assuring world leaders the U.S. is committed to fighting terrorism, reducing nuclear weapons and bringing peace to the Middle East.
They're goals he says nations must share, along with repairing a fragile global economy.
"We are reforming our system of global finance, beginning with Wall Street reform at home, so that a crisis like this never happens again," he said.
The president urged world leaders to support peace talks between Israeli and Palestinian leaders and the creation create a Palestinian state.
"Those of us that are friends of Israel must recognize that true security for the Jewish state requires an independent Palestine - one that allows the Palestinian people to live with dignity and opportunity," Mr. Obama pleaded.
He also pointed out Iran must continue to be held accountable and face un sanctions if it pushes forward with a nuclear program focused on developing weapons.
During his three day visit to New York City, President Obama is also aware of the domestic issues chipping away at his popularity and bolstering political rivals leading up to November's mid-term elections.
At the same time the president was addressing world leaders Republicans unveiled details of their agenda.
The president will spend the afternoon meeting with leaders from other nations including China and Japan.