Biden dangles $6bn investment if Northern Ireland power sharing agreed
The Guardian says Joe Biden has dangled a $6bn (£5bn) carrot in front of Northern Ireland’s leaders with a promise to boost the country’s economy with US investment if power sharing is restored.
In a thinly veiled message to the Democratic Unionist party, which has been boycotting the devolved government for more than a year, the US president told an audience in Belfast that American investors were ready to “triple” the $2bn already invested.
“The simple truth is that peace and economic opportunity go together,” Biden said.
He reminded representatives of the region’s five biggest parties, who sat at the front of the auditorium, of how transformative the Good Friday agreement had been 25 years ago and urged them to put the past behind them and look at the prosperity that could flow in the next quarter of a century.