CANNES, France (AP) — President Barack Obama said Friday the U.S. economy is growing "way too slow" but that leaders at a world summit have made progress at getting their countries on firmer footing.
"Put simply, the world faces challenges that put our economic recovery at risk," Obama said in a news conference at the meeting of the 20 major developed and emerging economies as he promoted a jobs theme central to his re-election campaign.
He said Europe has rallied around a plan to address a debt crisis from spiraling beyond the financial emergency in Greece and potentially dealing another blow to the U.S. economy.
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