McKillen relying on 'hopes and expectations'
The Commercial Court has been told that developer Paddy McKillen is relying on hopes and expectations rather than on actual contractual obligations in his case against the National Asset Management Agency.
President Barack Obama said Friday the economy is showing ``glimmers of hope'' despite continuing stresses and signaled more steps to brighten the business climate.Obama commented to reporters after meeting at the White House with members of his economic team, including Treasury Secretary Timothy Geithner, economic adviser Larry Summers and Federal Reserve Chairman Ben Bernanke.