GLOBAL ECONOMY-Obama fires back after China slates Fed's QE2 - Reuters

* Obama says U.S. low-growth or no-growth danger to world

* China says U.S being irresponsible over QE

* Russia says G20 should have been consulted ahead of QE

* G20 meets in Seoul Nov. 11, 12

By Patricia Zengerle and Krittivas Mukherjee

NEW DELHI, Nov 8 (Reuters) - U.S. President Barack Obama defended the Federal Reserve's policy of printing dollars on Monday during a trip to India, after Chinese officials stepped up criticism ahead of this week's Group of 20 meeting.

The G20 summit has been pitched as a chance for leaders of the countries that account for 85 percent of world output to prevent "currency wars" from spreading to become a rush to protectionism that could imperil the global recovery. [nSGE6A703T]

It has been overshadowed by disagreements over the U.S. Federal Reserve's quantitative easing (QE) policy under which it will print money to buy $600 billion of government bonds, a move that could depress the dollar and cause a potentially destabilising flow of money into emerging economies.

"I will say that the Fed's mandate, my mandate, is to grow our economy. And that's not just good for the United States, that's good for the world as a whole," Obama said.

"And the worst thing that could happen to the world economy, not just ours, is if we end up being stuck with no growth or very limited growth," he said. <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^

For more stories on G20 issues [ID:nTOE69K01G]

SCENARIOS-Can G20 make FX, trade progress [ID:nSGE6A703T]

Graphics

- Surging capital inflows: r.reuters.com/hep83q

- G20 economies (interactive):link.reuters.com/men39p Basel III: reshaping the rules: r.reuters.com/zys68p ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>

The U.S. has frequently criticised China, saying it deliberately undervalues its currency to boost exports.

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Williams Fires Back at NPR Over Firing - ABC News

Juan Williams, who was fired from his job at NPR after comments he made on Fox News' "The O'Reilly Factor" this week regarding Muslims, fired back at the radio station on Friday while guest hosting "The O'Reilly Factor."

"My comments about my feelings supposedly crossed this line, some line, somewhere. That crossed the line?" Williams said. "Let me tell you what you can say on National Public Radio without losing your job."

He then mentioned Nina Totenberg's comments on NPR in 1995, when she stated that if there were "retributive justice," former Republican North Carolina Sen. Jesse Helms or one of his grandchildren will get AIDS from a transfusion.

An NPR spokeswoman said Totenberg has repeatedly apologized for her comments.

Conservative leaders including Sarah Palin have called to cut off NPR's funding in the wake of the controversy. According to NPR spokeswoman Dana Davis Rehm, NPR chief executive Vivian Schiller has stated that management was standing by its decision to fire Williams. Since his termination, Williams has been hired full-time at Fox News in a reported $2 million, three year deal.

Williams told "Good Morning America" in an exclusive interview Friday that his firing, for saying Muslims on planes make him "nervous," was the result of a personal and politically motivated vendetta which the veteran newsman described as "vindictive."

Williams pointed to a flip comment by Schiller who said Williams' comment should have been shared with his "psychiatrist or publicist," and not the public.

"It's personal. I don't know why she has to get low," Williams said.

Schiller later apologized for her crack, and Williams said he does not have a psychiatrist.

"She has an argument to make that I somehow violated journalistic ethics or values of NPR. Make the case. I think it's a very weak case," Williams told "GMA."

"NPR and especially this last group of managers became vindictive," said Williams who has worked at the network for 10 years. "As you can see, personal in terms of their antagonism toward me."

Williams made his comment about being nervous when he sees Muslims at airports or on planes was made Monday on Fox News' "O'Reilly Factor."

NPR said the comment conflicted with their commitment to unbiased reporting. But Williams, who is paid to give his opinion, told "GMA" he had long been in the cross-hairs of NPR management who are upset that he also worked for right-leaning Fox News.

"This is one of the things in my life that's shocking. I grew up on the left. I grew up here in New York City and I've always thought the right wing was the ones who were inflexible and intolerant. Now, I'm coming to realize that the orthodoxy at NPR, as it's representing the left, is just unbelievable," he said.

"And especially for me as a black man, to somehow, you know, say something that's out of the box. They find it very difficult... I think they were looking for a reason to get rid of me. They were uncomfortable with the idea that I was talking to the likes of Bill O'Reilly or Sean Hannity," he told "GMA"'s George Stephanopoulos.

"I knew about their antagonism towards Fox. And I knew that they really didn't like it, and as I said I have been there more than 10 years and I have seen managers come and go and who dealt with this issue. This current crew was really getting vicious," Williams said.

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