China vows billions of development dollars

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“In just two months, the world must unite around a strong global agreement”, Obama said in an address to a United Nations development summit.

Michael Bloomberg, founder of Bloomberg L.P. and former New York City mayor, said Friday in a statement that he wanted to “congratulate President Obama and president Xi for a number of economic steps, but in particular advancing a mechanism to trade the Chinese currency in the United States“.

On Monday, Obama will deliver his annual address to the gathering of world leaders, which brings gridlocked traffic and various global pariahs to the east side of Manhattan yearly.

Obama said “our most basic bond – our common humanity – compels us to act”, and that despite the difficulties ahead, “we understand this is something that we must commit ourselves to”.

Obama offered a powerful defense of a 15-year development agenda and will require trillions of dollars of effort from countries, companies and civil society. He called it a “moral outrage” that many children are just one mosquito bite away from death.

Obama, addressing a summit on development, said that anti-poverty goals would be at risk without action on climate.

President Obama took time out of his speech to urge greater investment in Africa, while also calling for urgent aid to respond to the current refugee crisis – a byproduct of yet another threat to development – war.

The leaders of Britain, Japan and Turkey also were to address the final day of the development summit. On Monday, the annual General Assembly high-level debate gives countries a chance to lay out their broader vision before the world.

The President will end his United Nations stay convening a summit meant to solidify support for the campaign against ISIS, which continues to control large swaths of Iraq and Syria.

BAGHDAD (AP) – Iraq’s military said Sunday it will begin sharing “security and intelligence” information with Syria, Russian Federation and Iran to help combat the Islamic State group, a move that could further complicate US efforts to battle the extremists without working with Damascus and its allies.

She told reporters at the event, “I’m the most proud mama”. “I think we have concerns about how we’re going to go forward, but that’s precisely what we’re meeting on to talk about now”.

Despite administration efforts to turn Putin into an worldwide pariah after Russia annexed the Crimean Peninsula from Ukraine in March 2014, Obama believes not engaging with the Russian leader “would be wrong” given the pressing issues in Ukraine and Syria, Obama deputy national security adviser Ben Rhodes said.

Among the big names expected besides Obama and Putin are China’s President Xi Jinping, Iran’s President Hassan Rouhani, German Chancellor Angela Merkel and French President Francois Hollande.

President Dilma Rousseff, of Brazil, looks over the General…