Because not only is it a British newspaper it is owned by Rupert Murdoch.

An American Choice
Barack Obama has shown the character, intelligence and judgment to be president. He is the better candidate for the White House

It is for the American people to choose the next president of the United States. Anyone who is not a citizen should proffer advice on the question only with the greatest humility and tact. The price paid in money or in blood for the decisions of the president falls mainly, even if not exclusively, on Americans. And the nuances of political discussion, so important in selecting leaders, are often hard for outsiders to grasp.

Yet it would be naive to think that readers of a British newspaper have no stake in the outcome of the contest between Barack Obama and John McCain. Both the economic and the foreign policy of the of the White House incumbent have a big impact on other nations.....

http://www.timesonline.co.uk/tol/comment/l...

My husband is in the newspaper business and has spent three of the last five weeks over in England. The editorial staff were thrilled when he told them their coverage of American national politics was better than what we see in our own newspapers. When I was over there a few weeks ago, as soon as someone discovered I was American, all they wanted to talk about was the presidential race. I've not seen it to this degree at any time in my past. Despite some racist nutter shooting a Londoner for wearing an Obama t-shirt, I think it's safe to say that if Obama were running in the UK, landslide would not be an adequate description for the margin of his win.

Granted, such an endorsement will probably never enter the consciousness of most Americans, but then most of the Americans I met while in England at the end of September (as the bailout debates and initial negative vote occurred) were there on business and were primarily backing McCain. I wonder if that has changed? And would their perusal of The Times while hunched over their morning coffee in the hotel Club rooms have any effect? Who knows, but I'm loving this endorsement anyway.

Cheers!