State ends bailouts for Kenya Airways to pave way for restructuring

By Business Daily Africa Kenya Airways (KQ) is among several State entities that the Treasury has denied funding in the financial year starting July 1, to pave the way for restructuring. Treasury PS Chris Kiptoo told Parliament that KQ, as is known by its international code, has not received any bailout in the financial year

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Somalia president arrives in Qatar to seek financial assistance from Emir

Photo/Somali Times Somalia shady President Hassan Sheikh Mohamoud, has arrived in Doha, Qatar. The president has started a two-day official visit to the capital of Qatar in the Valley, as announced by the Somali Presidency. Read: Somalia’s president Hassan Sheikh history of corruption 2012-2017 Somalia shady President Hassan Sheikh is seeking financial assistance from the

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China says ready to ‘smash’ Taiwan self-rule as US prepares major arms package, sends advisers

In this photo released by Xinhua News Agency, a J-15 Chinese fighter jet takes off from the Shandong aircraft carrier during the combat readiness patrol and military exercises around the Taiwan Island by the Eastern Theater Command of the Chinese People’s Liberation Army (PLA) on Sunday, April 9, 2023. (An Ni/Xinhua via AP) By The

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World Bank suspends $1 bln worth of project funding in Congo

Congolese police officers stand under a banner for 2018 Nobel Peace Prize Denis Mukwege after a political rally of Martin Fayulu, the runner-up in Democratic Republic of Congo’s presidential election in Kinshasa, Democratic Republic of Congo, January 11, 2019. Reuters/Baz Ratner/File Photo By Reuters The World Bank has suspended funding for humanitarian and development projects

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More companies help with fertility care, but it is still out of reach for many

Jessica Tincopa and her husband, Rob Tran, stand for a portrait in Orange, Calif., Friday, May 5, 2023. Tincopa may leave the photography business she spent 14 years building for one reason: to find coverage for fertility treatment. After six miscarriages, Tincopa and her husband started saving for in vitro fertilization, which can cost well

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HIMARS long-range missile launchers arrive in Poland

By Anadolu Agency The first HIMARS long-range missile launchers have arrived in Poland, National Defense Minister Mariusz Blaszczak said on Monday In 2019, Poland ordered 20 HIMARS long-range rocket artillery systems, with 18 combat and two training launchers, for $414 million from the US. “Today we are accepting HIMARS launchers into the Polish Army. This

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How Wall Street is preparing for possible US debt default

By Reuters As talks over raising the U.S. government’s $31.4 trillion debt ceiling intensify, Wall Street banks and asset managers have begun preparing for fallout from a potential default. The financial industry has prepared for such a crisis before, most recently in September 2021. But this time, the relatively short time frame for reaching a

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One year of Somali President Hassan Sheikh’s failure

File Photo Somali Times/Somalia president Hassan Sheikh employing his daughter Jihan Hassan Sheikh One year ago the Somali corrupted legislature made history by re-electing shady President Hassan Sheikh Mohamoud for a second term, marking a significant milestone for the nation’s political landscape. Despite the challenges and polarization surrounding the recent election shady President secured another

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Sir Mo Farah dedicates Bafta documentary award to ‘children being trafficked’

Sir Mo Farah and wife Tania attending the Bafta Television Awards 2023 at the Royal Festival Hall, London (Yui Mok/PA) / PA Wire Evening Standard By Ellie Iorizzo Sir Mo Farah has won a Bafta TV award for his BBC One documentary The Real Mo Farah which revealed he had been illegally trafficked to the

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President Erdoğan, AK Party win Turkish elections again

Supporters of the AK Party-led People’s Alliance react to early election results, in Istanbul Turkey. Credit Photo Reuters By Daily Sabah Sunday’s presidential and parliamentary polls in Turkey ended with another victory for incumbent President Recep Tayyip Erdoğan and his Justice and Development Party according to unofficial results as of 02:00 a.m. on Monday Adding

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