Obama Announces $7b Commitment Toward ‘doing Business In Africa’ Campaign – Upi.com

Obama wore a cream-colored dress by Prabal Gurung, one of her favorite designers, with cut-outs in both the front and the back and her hair swept up into a bun. The menu featured a largely American-style dinner with hints of Africa sprinkled throughout each of the four courses. View gallery Guests are pictured before attending the official U.S.-Africa Leaders Summit dinner hosted by U.S. P Guests dined on chilled spiced tomato soup and socca crisps, which are made of chick peas; chopped farm-stand vegetable salad using produce from the first lady’s garden; and grilled dry-aged Wagyu beef served with chermoula, a marinade used in North African cooking, sweet potatoes and coconut milk. Dessert was cappuccino fudge cake dressed with papaya scented with vanilla from Madagascar.
Source: http://news.yahoo.com/obama-welcomes-african-leaders-unusual-dinner-021009848.html

The secretary of commerce is expected to establish the advisory council within 180 days and appoint, in consultation with the Trade Promotion Coordinating Committee, 15 private sector corporate members who represent infrastructure, agriculture, consumer goods, banking services and other unspecified industries. “The Advisory Council shall advise the president, through the secretary of commerce, on strengthening commercial engagement between the United States and Africa, with a focus on advancing the president’s Doing Business in Africa Campaign…” At the U.S.-Africa Leaders Summit in Washington, D.C. on Tuesday, Obama participated in the U.S.-Africa Business Forum, where he announced $7 billion in new financing to support the Doing Business in Africa campaign. The White House explained that the money will be used “to promote U.S. exports to and investments in Africa.” Combined with financial commitments from U.S.
Source: http://www.upi.com/Top_News/World-News/2014/08/05/Obama-signs-executive-order-to-establish-advisory-council-on-investment-in-Africa/9781407264193/

Shadowed by Bush, Obama seeks Africa legacy makeover – Yahoo News

Analysts, former Bush administration officials, lawmakers, and leaders from the continent say this week’s U.S.-Africa Leaders Summit signals a positive shift in the U.S. relationship with Africa and Obama’s engagement with it. “The president, who has been criticized for not doing more for Africa by many, is really trying to step up his game,” said Stephen Hadley, Bush’s former national security adviser. ECONOMIC OPPORTUNITIES Obama’s administration has tried to shift the focus to economic opportunities on the continent. It is an approach more akin to that taken by Bush’s predecessor, Democrat Bill Clinton, who signed the Africa Growth and Opportunity Act, which dropped trade restrictions on more than 6,000 exports to America from 35 African countries. At the meeting called by Obama in Washington, U.S.
Source: http://news.yahoo.com/shadowed-bush-obama-seeks-africa-legacy-makeover-130332357.html

Michelle Obama urges counterparts to include youth – Yahoo News

Singer, said Platinum was buying the company too cheap. So Elliott and another hedge fund, Greenwich, Connecticut-based Silver Point Capital LP, put in their own bid for the company, offering to swap their debt for new shares. On July 26, 2009, they agreed with GM to cut Platinum out of the deal. In some ways, the Elliott deal was similar to the one Rattner’s task force approved the previous month. GM would http://www.obamastudentloanforgiveness.net/ provide crucial financing for the new company — a $1.7 billion direct investment in its equity, making it a shareholder alongside the hedge funds.
Source: http://finance.yahoo.com/news/obama-aides-let-delphi-tax-040100076.html

Obama Aides Let Delphi Use Tax Tactic President Assails – Yahoo Finance

Send Thanks! A link has been sent. Done Michelle Obama urges counterparts to include youth By DARLENE SUPERVILLE 58 minutes ago 0 shares . View photo FILE – This July 2, 2013 file photo shows first lady Michelle Obama and former first lady Laura Bush in Dar es Salaam, Tanzania. Obama and Bush are coming together for the second time in just over a year to promote U.S. ties to Africa.
Source: http://news.yahoo.com/michelle-obama-urges-counterparts-youth-145252094–politics.html


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