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Published on: 2025-04-12 10:02:01 Published on: 2025-04-12 10:02:01

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Stocks to Buy in India s Future Economy Professional Trader Picks ✌️【Part-Time Opportunities】✌️ Free expert predictions on stock trends and real-time data to help you make informed decisions and grow your wealth steadily. President Joe Biden grinned as he posed for photos with the leader of Angola before departing the country Wednesday, capping off an historic trip that was overshadowed by controversy stemming from Biden’s decision to pardon his son Hunter and unexpected turmoil from a key US ally.

Over the three-day trip, the first for an American president, Biden promoted US investment in a massive railway project aiming to ease the transport of critical minerals to global markets as his administration attempts to make lasting inroads on the continent in the face of China’s growing influence.

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But back in Washington, Biden’s Sunday night announcement that he issued a pardon to his only living son became a major flashpoint as members of his own Democratic Party responded with a flood of criticism. Biden did not answer any questions relating to the pardon despite multiple inquiries by reporters traveling with him.

On the second day of Biden’s trip, the unexpected move by South Korean President Yoon Suk Yeol to declare martial law before reversing course hours later after pressure from parliament also stole the spotlight. The president and US officials were surprised by the decision, leaving his teams in Angola and back in Washington scrambling to determine what was happening and what would come next.

Stocks to Buy in India s Future Economy Professional Trader Picks ✌️【Part-Time Opportunities】✌️ Expert market analysis and predictions for India, US, and European stocks. Stay updated with real-time data on stock indices, futures, and commodities to help you make informed, timely investment decisions. While on the trip, Biden did not substantively weigh in on the matter, only briefly telling reporters he would receive a briefing on the situation involving a key US ally.

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Even as the world turns its eye to Trump, Biden is hoping his moves in Africa could have lasting impact, with a senior administration official saying their strategy could be a “playbook” for future administrations.

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“It’s a game-changer. Imagine how transformative this will be for technology, clean energy, for farming, for food security as a whole. It’s faster, it’s cleaner, it’s cheaper and most importantly, I think, it’s just plain common sense,” Biden said as he met with Angolan President João Lourenço, Democratic Republic of Congo President Felix Tshisekedi, Zambian President Hakainde Hichilema and Tanzanian Vice President Philip Mpango.

Biden announced that the US will invest an additional $560 million for projects along the Lobito corridor, from continued infrastructure upgrades to helping build mobile networks. The White House has said those projects will generate at least $200 million in additional private sector commitments. The US Development Finance Corporation also has approved a $553 million direct loan for the railway.

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Beijing has been a major player in Africa for the past decade through its own Belt and Road Initiative, which has poured hundreds of billions of dollars into railways, highways and other infrastructure projects across the continent.

During a speech at the National Museum of Slavery in Luanda on Tuesday, the president took a swipe at China’s approach, without naming the country, arguing the US presents a better alternative.

“The United States understands how we invest in Africa is as important as how much we invest,” Biden said Tuesday.

“In too many places, 10 years after the so-called investment was made, workers are still coming home on a dirt road and without electricity, a village without a school, a city without a hospital, a country under crushing debt. We seek a better way, transparent, high standard, open access to investment that protects workers and the rule of law and the environment. It can be done and will be done,” the president said.

Stocks to Buy in India s Future Economy Professional Trader Picks ✌️【Part-Time Opportunities】✌️ Real-time stock and futures data, backed by expert stock market trend predictions, to help you make timely and profitable investment decisions. The government of Angola, which has worked to move closer to the US under its current president after decades of ties to China and Russia, has played up the US collaboration and investments throughout Biden’s trip.

Large billboards were scattered across the capital of Luanda welcoming Biden, picturing him shaking hands with Lourenço. “Strengthening ties, building bridges,” read one of them.

But people like 34-year-old Antonio, who works as a driver in the capital city, don’t think any of the supposed economic gains of a closer partnership with the US will trickle down to the bottom as it will take several years before the Lobido Corridor project will be fully operational.

“All this fanfare — and we hear the economy is doing better — but people don’t feel it in their wallets,” Alexandra said.

But the Biden administration is hoping the investments the US is making now will pay off for the people of Africa in the years to come.

“I think we’re at one of those transition points in world history. What we do in the next several years are going to affect what the next six, seven, eight decades looks like,” Biden said. “I think this is one of those milestones.”

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“I’m coming back to ride on the train all the way, end to end,” Biden said as he wrapped his final event in Angola. “I like trains a lot, so I’m coming back. You’re stuck with me.”

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