economic engagement in Africa, fueling growth that will support broader African prosperity and emerging markets for US businesses, which will support jobs in both the United States and Africa," the White House official said. Obama will take part in a discussion with corporate chief executives and government leaders at the event, which will be attended by Commerce Secretary Penny Pritzker, former New York Mayor Michael Bloomberg, and former President Bill Clinton. The business forum will allow dozens of African heads of state to mingle with U.S. and African executives, the official said. It will focus broadly on investment in finance, infrastructure, energy, agriculture, and consumer goods.
Obama's U.S.-Africa Forum Will Catalyze $14 Billion In Business Deals - Forbes
Republicans argue the step meant Obama stopped fully enforcing immigration laws, saying they now mistrust him to carry out provisions for stronger border security that they demand in any new legislation. Before going home for this year's summer recess, the GOP-led House voted to reverse Obama's previous executive actions on immigration and prevent future similar steps. The provision pushed by conservatives has zero chance of passing the Democratic-led Senate. What about the current immigrant surge in Texas? Tens of thousands of new arrivals from Central America, many of them unaccompanied children, have overwhelmed immigration facilities and services in Texas in recent months.
Obama to go his own way on immigration | La Crosse ? WKBT News8000.com
Sopko noted that the U.S. has already begun to reduce gradually diesel fuel supplies that power the generators providing the vast [read] majority of Kandahars electricity. He said a proposed hydroelectric dam project probably wont be connected to the countrys two major electric grids until sometime after 2018, and at any rate it will not be able to generate anywhere near enough power to supply Kandahars needs. The U.S. believes that the Afghan governments ability to provide electricity in Kandahar will isolate the Taliban and reduce popular support for the insurgency by demonstrating the governments capability to provide basic services and improve living conditions, Mr. Sopko said in his report.
Obama's lack of plan for electricity in Kandahar could aid Taliban, watchdog warns - Washington Times
Africa is no longer a sleeping giant but is awake and open for business . These words from a rising South African leader at last weeks Young African Leaders Summit could not be more accurate: Africa might well be the biggest market opportunity in the global economy today, and U.S. companies cannot afford to miss out. For decades, the U.S.-Africa economic relationship has too often taken a back seat to other pressing issues and priorities. Yet right now, our commercial partnershipbetween governments, among businesses, in markets on both sides of the Atlanticis as important as ever. Strengthening and deepening that pillar of our alliance will prove a net gain for workers, entrepreneurs, and communities in the United States and across Africa.
Obama: U.S. Companies To Invest $14 Billion In Africa - Forbes
According to the Reuters report, quoting a White House official, the $14 billion in investments will focus on industries like banking, construction, banking, information technology and clean energy. These investments will deepen U.S. economic engagement in Africa, fueling growth that will support broader African prosperity and emerging markets for U.S. businesses, which will support jobs in both the United States and Africa, the White House official said. The U.S.-Africa Business forum is coming on the second day of the U.S.-Africa summit, the largest ever gathering of African leaders in Washington which kicked off on Monday.
Treasury weighing actions to stem tax avoidance - Yahoo News
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