WASHINGTON (Reuters) – When President Barack Obama made his first extended trip to Africa last year as the world’s most powerful leader, he tried to assuage a continent largely disappointed in its famous favourite son.
The first African-American president, Obama had given scant focus to his father’s ancestral home, drawing unflattering comparisons with George W. Bush, whose efforts to fight HIV/AIDS made him a hero on the continent.
WASHINGTON, Aug 5 (Reuters) – U.S. companies pledged new
investment in Africa on Tuesday as part of $14 billion in
construction, clean energy, banking, and information technology
projects to be unveiled by U.S. President Barack Obama at an
event showcasing U.S. economic interest in the fast-growing
Business leaders told the U.S.-Africa Business Forum they
wanted to seize opportunities in the region, home to six of the
world’s 10 fastest growing economies, although some said they
may have been late to the party.
WASHINGTON (Reuters) – President Barack Obama will announce on Tuesday that U.S. businesses have committed to investing $14 billion in construction, clean energy, banking, and information technology projects across Africa, a White House official said.
The announcement will occur at the U.S.-Africa Business Forum, part of a three-day Africa summit in Washington meant to showcase U.S. interest in improving trade and investment in the region.
WASHINGTON (Reuters) – President Barack Obama urged the leaders of three Central American countries on Friday to work with him to stem the flow of child migrants who have surged across the U.S. border and warned that most of them would not be allowed to stay.
In a White House meeting with the leaders of Guatemala, Honduras and El Salvador, Obama had a tough-love message: his administration had compassion for the children, but not many would qualify for humanitarian relief or refugee status. Many of the migrants have fled poverty and crime at home.
Obama says told leaders the US has a shared responsibility with Central America to combat drug trafficking
Obama says told leaders US has a lot of compassion for the child migrants, wants them well taken care of
Obama says he and Central American leaders have shared responsibility for dealing with child migrant crisis
LOS ANGELES (Reuters) – U.S. President Barack Obama on Thursday hammered U.S. companies that avoid federal taxes by shifting their tax domiciles overseas in deals known as “inversions” and called on Congress to pass a bill to curb the practice.
During remarks to a rowdy crowd at the Los Angeles Technical College, Obama promoted what he called “economic patriotism” and made clear he believed the companies that were engaging in such practices were not being patriotic. The president was in California on a three-day fund-raising swing for Democrats.