MR OBAMA ON...
"Will we accept an economy where only a few of us do spectacularly well? Or will we commit ourselves to an economy that generates rising incomes and chances for everyone who makes the effort?
"Middle-class economics works. Expanding opportunity works. And these policies will continue to work, as long as politics don't get in the way."
"We stand united with people around the world who've been targeted by terrorists - from a school in Pakistan to the streets of Paris.
"We will continue to hunt down terrorists and dismantle their networks and we reserve the right to act unilaterally, as we've done relentlessly since I took office, to take out terrorists who pose a direct threat to us and our allies."
ISLAMIC STATE IN IRAQ AND SYRIA
"This effort will take time. It will require focus. But we will succeed."
"It makes no sense to spend three million dollars per prisoner to keep open a prison that the world condemns and terrorists use to recruit... I will not relent in my determination to shut it down."
"We're upholding the principle that bigger nations can't bully the small - by opposing Russian aggression, supporting Ukraine's democracy and reassuring our Nato allies."