EU fails to agree on using frozen Russian assets to fund Ukraine aid

European Union (EU) foreign policy chief Kaja Kallas attends a European Council summit in Brussels, Belgium, Oct. 23, 2025. EU leaders failed on Thursday to agree on a plan to use frozen Russian assets to finance new loans for Ukraine, after divisions resurfaced at a European Council summit. Photographer Peng Ziyang By Xinhua News Agency

Read More

Top 10 African countries with the highest export values in 2025

By The African Exponent Export value has become one of the clearest indicators of Africa’s economic trajectory in 2025. Across the continent, countries are strengthening trade performance through infrastructure upgrades, modernized customs systems, and fiscal measures aimed at currency stabilization. To ensure an accurate ranking, all export values have been converted to US dollars based

Read More

Trump downplays second meeting with Putin as Budapest summit put on hold

By Anadolu Agency US President Donald Trump downplayed a second summit with his Russian counterpart, Vladimir Putin, Tuesday just as the Budapest sit-down was put on hold amid an impasse over a long-elusive Ukraine ceasefire. “I don’t want to have a wasted meeting. I don’t want to have a waste of time. So I’ll see

Read More

World Bank to provide over 2 bln USD in renewed development financing to Uganda

Uganda will receive more than two billion U.S. dollars in new concessional financing from the World Bank over the next three financial years to support the East African country’s development agenda, a senior government official said Tuesday, according to Xinhua News Agency reported. Ramathan Ggoobi, permanent secretary and secretary to the Treasury at the Ministry

Read More

Former French President Sarkozy starts 5-year prison sentence

Former French President Nicolas Sarkozy leaves his house with his wife Carla Bruni-Sarkozy on the day of his incarceration at the Sante prison to begin his five-year prison sentence for criminal conspiracy over attempts to raise campaign funds from Libya, in Paris, France, October 21, 2025. Photographer Sarah Meyssonnier By Reuters Former French President Nicolas

Read More

President Ahmed Madobe says Jubaland Intelligence is ahead of Somalia spy agency NISA in obtaining information

File Photo/Somali Times President Ahmed Mohamed Islam Madobe has strongly stated that the Jubaland Intelligence and Security Agency (JISA) is now the most powerful and knowledgeable agency in security matters in the Horn of Africa. Read: Somalia at risk of reimposition of UN arms embargo Read: Somalia is the number 1 country for corruption Read:

Read More

US bank rout prompts deal speculation as credit worries loom

By Reuters Jitters around U.S. banks’ exposure to loan losses have fueled expectations for more mergers and acquisitions as big buyers may be spurred to look to absorb smaller or weaker rivals, according to four senior industry sources. More than two years after the sudden failure of Silicon Valley Bank that destabilized the industry, auto

Read More

Trump announces end to US aid for Colombia, calls president ‘a lunatic’

By Anadolu Agency US President Donald Trump said Sunday that his administration would end all financial aid to Colombia and impose tariffs on the South American country, accusing its government of failing to combat drug production and calling its president, Gustavo Petro, “a lunatic.” Speaking to reporters upon returning to Washington, Trump confirmed that a

Read More

Somalia Puntland government sentences Iranians illegally fishing arrested off Bari coast

File Photo/Somali Times Puntland government has sentenced 15 Iranian fishermen to $500 each and deported them after they were caught fishing illegally off Puntland’s coast. Read: Somalia is the number 1 country for corruption Read: Why is Somalia an unfortunate country Read: Puntland says lifting of arms embargo on Somalia a major threat Puntland also

Read More

Cambodia deports 64 South Korean online scam suspects

By Xinhua News Agency Cambodia deported 64 South Korean online scam suspects, including five women, to their birth country on Friday night, said a news release from Cambodia’s Ad-Hoc Committee to Combat Online Scams on Saturday. The suspects were expelled from the kingdom through the Techo International Airport in southern Kandal province, the news release

Read More