The amount of interaction, the amount of understanding that exists in your generation among people of different races and different creeds and different colors is unprecedented. And by the way, that goes - that cuts across party lines, that cuts across partisan lines.

Hunger, disease and poverty can lead to global instability and leave a vacuum for extremism to fill. So instead of just managing poverty, we must offer nations and people a pathway out of poverty. And as president I've made development a pillar of our foreign policy, alongside diplomacy and defense.

No other advanced nation endures this kind of violence. None. Here in America, the murder rate is three times what it is in other developed nations. The murder rate with guns is ten times what it is in other developed nations. And there's nothing inevitable about it. It comes about because of decisions we make or fail to make. And it falls upon us to make it different.

I need you to go out and talk to your friends and talk to your neighbors. I want you to talk to them whether they are independent or whether they are Republican. I want you to argue with them and get in their face.

One of the challenges over the last decade is America has done experiments in nation building in places like Iraq and Afghanistan and we've neglected, for example, developing our own economy, our own energy sectors, our own education system. And it's very hard for us to project leadership around the world when we're not doing what we need to do.

We are running out of time

Singapore was the very first South-east Asian nation to join the global coalition against ISIL (ISIS) coalition, and we'll work to sustain our momentum in destroying that terrorist organisation.