FOREX WORLD TREND

VATICAN CITY (AP) — President Barack Obama sat down with Pope Benedict XVI at the Vatican on Friday for a meeting in which frank but constructive talks were expected between two men who agree on helping the poor but disagree on abortion and stem cell research.

"It's a great honor," Obama said as he greeted the pope, thanking him for the meeting. They sat down at the pontiff's desk and exchanged pleasantries before reporters and photographers were ushered out of the ornate room.

The pope was heard asking about the Group of Eight summit, the meeting of developed nations that concluded before Obama's arrival at Vatican City. Obama said it "was very productive."

With some Catholic activists and American bishops outspoken in their criticism of Obama, even as polls have shown he received a majority of Catholic votes, the audience was much awaited.

Obama's election presented a challenge for the Vatican after eight years of common ground with President George W. Bush in opposing abortion, an issue that drew them together despite the Vatican's opposition to the war in Iraq.

But the Vatican has been openly interested in Obama's views and scheduled an unusual afternoon meeting to accommodate him at the end of his Italian stay for a G-8 summit meeting in the earthquake-stricken city of L'Aquila and just before he leaves for Ghana.

In the tradition-conscious Vatican, most such meetings are held at midday. The Vatican has also arranged live TV coverage of the open session of the meeting after their private talks.

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