Monday, 8 June 2015

Obama Closing Remarks After G7 Summit


Obama Closing Remarks After G7 Summit
President Obama says the U.S. and its allies "stand united" on a host of global challenges.
Speaking at the end of a two day summit of the world's leading economies (and meeting for the second time without Russia) the President reiterated the need for Greece to make some tough choices in order to stabilize their economy and push for economic growth.


Mr Obama says the group remains united in continuing to impose sanctions against Russia, now crippled economically as a result of their aggression in Eastern Ukraine. He warned sanctions will remain in place until Russia fully implements a cease-fire with Ukraine.

The President emphasized on issues of cyber security in the U.S. and the recent massive hack into the computerized personnel files of more than 4 million current and former U.S. government employees. He said that "very old systems" used by the U.S. government have contributed to leaving agencies vulnerable to possible cyber attacks.

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