As U.S. President Obama wraped up the U.S.-Africa Summit, he declared it a success, while also weighing on Russia saying its economy has ''ground to halt'' because of sanctions. Deborah Lutterbeck reports.
U.S. President Barack Obama wraps up the U.S.-Africa Leaders summit declaring the meetings a success with some concrete returns. (SOUNDBITE)(English) U.S. PRESIDENT BARACK OBAMA, SAYING: "Combined with the investments we announced yesterday , and the commitments made today at the symposium hosted by our spouses, that mans that this Summit has helped to mobilize some $37 billion for Africa's progress on top of obviously the substantial efforts that have been made in the past." In a wide ranging end of summit press conference he weighed in on the impact of sanctions on Russia. (SOUNDBITE)(English) U.S. PRESIDENT BARACK OBAMA, SAYING: "The economy has ground to a halt, somewhere between $100 and $200 billion of capital flight has taken place." Amid reports of Russian troops along Ukraine's border Obama was asked whether he was considering sending lethal aid to Ukraine. (SOUNDBITE)(English) U.S. PRESIDENT BARACK OBAMA, SAYING: "If you start seeing an invasion by Russia, that's obviously a different set of questions. We're not there yet," The U.S. Africa Leaders Summit was the first of its kind in the United States -- but its a program Obama said he hopes will continue after his presidency ends.