Oil prices increase with ease in demand concerns

By Anadolu Agency Oil prices increased on Thursday, supported by a drop in US crude oil inventories easing demand concerns. International benchmark Brent crude was trading at $102.71 per barrel at 08.45 a.m. local time (0545 GMT) for a 1.02% increase after closing at $101.67 a barrel in previous trade. American benchmark West Texas Intermediate

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World Bank approved 100 million dollars for Somalia corrupt president Hassan Sheikh

The World Bank has approved a $100 million grant to support the continuation of Somalia’s economic reform efforts to complete the country’s debt relief. These funds support the government’s efforts to increase financial transparency and increase revenue through the harmonization of federal customs systems and the improvement of central government financial management. Read: Somalia’s president

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Police identify Saudi sisters found dead in Sydney flat

Sisters Asra Abdullah Alsehli, 24, and Amaal Abdullah Alsehli, 23, were found dead in their Sydney home on June 7, 2022, according to Australian police. CNN By Kathleen Magramo Two Saudi sisters found dead in their Sydney apartment in “unusual” circumstances last month have been identified by police, as authorities appealed for more information. Police

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Lavrov denigrates West’s stance towards Africa during Ethiopia visit

Russian Foreign Minister Sergei Lavrov and his Ethiopian counterpart Demeke Mekonnen arrive at Russian Embassy Reuters By Reuters Russian Foreign Minister Sergei Lavrov said on Wednesday that Moscow supported Ethiopia’s efforts to stabilise its internal political situation in remarks that sought to draw a contrast with what he presented as meddling by the West. Lavrov

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Egypt, Somalia presidents sign agreement army base

The Egyptian President Abdel Fattah El Sisi and corrupt Somali President Hassan Sheikh Mohamoud visited Egypt for the first time since winning the election 15 May 2022. Egypt, Somalia presidents sign agreement army base in Berbera, according reliable sources told Somali Times. Our sources add Egyptian army can use the base in Somalia counter-attack through

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Cameroon becomes a go-to country for foreign fishing vessels

By The Associated Press Off the coast of West Africa, the Trondheim is a familiar sight: a soccer field-sized ship, plying the waters from Nigeria to Mauritania as it pulls in tons of mackerel and sardines — and flying the red, yellow and green flag of Cameroon. But aside from the flag, there is almost

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Former foreign minister Awad supported Somalia to discuss the Nile River issue with Egypt

File Photo Somali Times/Kenya-UAE puppet Ahmed Isse Awad The former Minister of Foreign Affairs of Somalia, Ahmed Isse Awad, Kenya-United Arab Emirates informant spoke about how he sees the talks between the presidents of Somalia and Egypt and to discuss the issue of Ethiopia’s dam on the Nile River. Egypt’s President Abdifatah Al-Sisi made a

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What is the threat facing drug trade agreement between Somalia and Kenya?

With the drug trade restart of Miraa from Kenya this week, there are now challenges to the agreement recently reached by the presidents of the neighboring countries of Somalia and Kenya. The miraa traders in Kenya have released news, after resuming the export of miraa they bring to Somalia, announcing a new concern facing their

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IMF revises global growth forecasts downward

By Anadolu Agency The International Monetary Fund on Tuesday cut its global economic growth forecast for both 2022 and 2023 amid high inflation, a slowdown in China, and the continued Russian war on Ukraine. According to the IMF’s latest World Economic Outlook, the global economy is projected to grow 3.2% this year, revised 0.4 percentage

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Saudi crown prince: First EU visit since Khashoggi killing

Saudi Crown Prince Mohammed bin Salman Reuters By The Associated Press Saudi Crown Prince Mohammed bin Salman arrived in Greece Tuesday on his first trip to a European Union country since the killing in 2018 of Saudi journalist Jamal Khashoggi that triggered widespread international condemnation. Bin Salman, who is traveling with a large government and

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