Saudi Arabia detains over 22,000 residency, labor, and border violators in one week    Saudi Arabia approves new Medical Referral Center with 15 key responsibilities    Saudi Arabia produces over 122,000 tons of high-quality local grapes during peak summer season    Hamas says it will not disarm without fully sovereign Palestinian state    Canada rejects claims of ongoing arms exports to Israel    Israeli strikes kill at least 18 in Gaza as aid seekers face deadly fire    HR ministry proposes strict rules for advertising domestic labor services    Former Colombian president Álvaro Uribe sentenced to 12 years of house arrest for witness tampering, bribery    Saudi Gazette publishes full text of new foreign property ownership law The law grants non-Saudis broader real estate rights under defined conditions while imposing restrictions in Makkah and Madinah    Saudi anti-graft authority investigates 425 employees, detains 142 in July corruption cases    Saudi Arabia's real GDP grows 3.9% in Q2 2025 on broad-based economic expansion    Sotheby's returns Buddha jewels to India after uproar    Riyadh Film Music Festival returns with live orchestral performances of iconic movie scores    Saudi, Russian energy ministers discuss oil market and joint committee plans    Nissan Formula E Team celebrates a landmark season 11 with proud Saudi sponsor Electromin    Fahad bin Nafel steps down as Al Hilal president after historic six-year run    João Félix unveiled by Al Nassr as €50m move marks bold new chapter in Riyadh    Saudi Arabia approves first Alzheimer's treatment with lecanemab for early-stage patients    Chris Tucker, Pete Davidson and Aziz Ansari among stars set for Riyadh Comedy Festival    Al Nassr beat Benfica to €50m João Félix signing after Ronaldo, Jesus intervene    Sholay: Bollywood epic roars back to big screen after 50 years with new ending    Ministry launches online booking for slaughterhouses on eve of Eid Al-Adha    Shah Rukh Khan makes Met Gala debut in Sabyasachi    Pakistani star's Bollywood return excites fans and riles far right    Exotic Taif Roses Simulation Performed at Taif Rose Festival    Asian shares mixed Tuesday    Weather Forecast for Tuesday    Saudi Tourism Authority Participates in Arabian Travel Market Exhibition in Dubai    Minister of Industry Announces 50 Investment Opportunities Worth over SAR 96 Billion in Machinery, Equipment Sector    HRH Crown Prince Offers Condolences to Crown Prince of Kuwait on Death of Sheikh Fawaz Salman Abdullah Al-Ali Al-Malek Al-Sabah    HRH Crown Prince Congratulates Santiago Peña on Winning Presidential Election in Paraguay    SDAIA Launches 1st Phase of 'Elevate Program' to Train 1,000 Women on Data, AI    41 Saudi Citizens and 171 Others from Brotherly and Friendly Countries Arrive in Saudi Arabia from Sudan    Saudi Arabia Hosts 1st Meeting of Arab Authorities Controlling Medicines    General Directorate of Narcotics Control Foils Attempt to Smuggle over 5 Million Amphetamine Pills    NAVI Javelins Crowned as Champions of Women's Counter-Strike: Global Offensive (CS:GO) Competitions    Saudi Karate Team Wins Four Medals in World Youth League Championship    Third Edition of FIFA Forward Program Kicks off in Riyadh    Evacuated from Sudan, 187 Nationals from Several Countries Arrive in Jeddah    SPA Documents Thajjud Prayer at Prophet's Mosque in Madinah    SFDA Recommends to Test Blood Sugar at Home Two or Three Hours after Meals    SFDA Offers Various Recommendations for Safe Food Frying    SFDA Provides Five Tips for Using Home Blood Pressure Monitor    SFDA: Instant Soup Contains Large Amounts of Salt    Mawani: New shipping service to connect Jubail Commercial Port to 11 global ports    Custodian of the Two Holy Mosques Delivers Speech to Pilgrims, Citizens, Residents and Muslims around the World    Sheikh Al-Issa in Arafah's Sermon: Allaah Blessed You by Making It Easy for You to Carry out This Obligation. Thus, Ensure Following the Guidance of Your Prophet    Custodian of the Two Holy Mosques addresses citizens and all Muslims on the occasion of the Holy month of Ramadan    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Obama plans new tack on development
Published in The Saudi Gazette on 23 - 09 - 2010

Addressing a global conference on poverty, President Barack Obama said Wednesday that the United States is changing its approach to development and will use diplomacy, trade, investment and other policies to help poorer countries instead of just giving them money.
“Put simply, the United States is changing the way we do business,” Obama said as he announced the administration's new development policy in a speech at the outset of a three-day visit to the United Nations.
Obama said helping poorer countries prosper is good for the US It's the right thing to do, he said, adding that the United States also needs capable partners to deal with global problems as they arise. It also needs growing foreign economies for its exports.
For too long, Obama said, US policy has been defined by the amount of money spent and food and medicines delivered.
“But aid alone is not development,” he said.
“Development is helping nations to actually develop, moving from poverty to prosperity. And we need more than just aid to unleash that change.” Obama said the US also is changing its view of the ultimate goal of development. He said that some US aid has saved lives in the short term - such as food aid for millions of starving people around the world - but that it hasn't always improved those societies over the long term.
“That's dependence, and it's a cycle we need to break,” Obama said.
But he stressed that the US will continue leading the world as a provider of emergency assistance.
“We will not abandon those who depend on us for life-saving help,” he said. “We keep our promises and honor our commitments.” The new strategy, which administration officials said was the product of a nearly yearlong effort, also includes anti-corruption measures and calls for accountability from the US and the countries it partners with.
Obama pledged to work with Congress to match US investments to administration priorities and he called on donor countries to honor their commitments. But his strongest plea was for developing countries, urging them to share some of the responsibility.


Clic here to read the story from its source.