Financial Times endorses Obama

LONDON (AFP) — The Financial Times, the respected business daily, endorsed Barack Obama on Monday to become the next US president, even though it prefers the trade policies of his Republican rival John McCain.

The newspaper, which has a daily readership of about 1.3 million worldwide according to its parent company Pearson, said the Democrat's policies blended the "good, not so good and downright bad" but he was "the right choice".