PRESIDENT BARACK OBAMA WANTS COUNTRY RISK LOWERED ON AFRICAN NATIONS!!
DIFFERENT POINT OF VIEW by Monte Friesner >
Financial Crime Consultant for WANTED SA>
Sunday October 31, 2010 >
WANTED SA has just learned this week that US President Barack Obama signed a Presidential Memorandum* exempting four African countries from a law that cuts off military aid to nations that recruit and deploy child soldiers.
The President justified the exemptions on the grounds that it is in the national interest of the US to continue to render military aid, due to national security concerns. Whilst it is obvious due to this week's attempted terrorism attacks that reportedly emanated from Yemen that it remains high-risk, you will want to re-examine the other countries listed, for country risk evaluation purposes.
Make an educated decision, as to whether this US act serves to reduce country risk for one or more.
The countries so designated;
- Democratic Republic of the Congo
The relevant text of the Memorandum:
- "By the authority vested in me as President by the Constitution and the laws of the United States of America, pursuant to section 404(c) of the Child Soldiers Prevention Act of 2008 (CSPA)... I hereby determine that it is in the national interest of the United States to waive the application to Chad, the Democratic Republic of the Congo, Sudan and Yemen of the prohibition in section 404(C) of the CSPA."
- *Presidential Determination No. 2011-4
The facts and opinions stated in this article are those of the author and not those of WANTED SA. WANTED SA does not warrant the accuracy of any facts and opinions stated in this article; does not endorse them, and accepts no responsibility for them.