China reiterates threat of military action if anyone tries to separate Taiwan from Beijing

By Anadolu Agency China reiterated its threat to use force against those attempting to separate Taiwan from Beijing, state-run media reported on Thursday. The comments by China’s ambassador to the US, Qin Gang, came after unconfirmed reports of US House Speaker Nancy Pelosi planning a visit to Taiwan in August. Qin said if anyone challenges

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Somalia president Hassan Sheikh does not pay government employees salaries

File Photo/Somali Times Somali government workers, security agencies and both houses of the National Parliament did not receive their salaries. Salary payment, for the past five years has been untouched with no delay or loss. The Federal Government of Somalia president Hassan Sheikh Mohamoud told civil servants that there’s no wages for the past two

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US economy shrank 0.9% last quarter, its 2nd straight drop

By The Associated Press The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession. The decline that the Commerce Department reported Thursday in the gross domestic product — the broadest gauge of the economy —

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Turkey says time has come for the world to work closely with Somalia

Turkey President Recep Tayyip Erdogan: Credit Anadolu Agency The Turkish government has condemned twin attacks by Al-Shabab in the cities of Afgoye and Marka. At least 18 people were killed in two consecutive explosions in the Lower Shabelle region of Somalia on Wednesday. Turkey, which is Somalia’s biggest ally in the fight against Al-Shabab, has

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Crypto assets need new rights in law, UK legal body says

By Reuters Britain should create a new category of private property law for digital assets like cryptocurrencies which are being used to make payments or represent other assets, independent body the Law Commission proposed on Thursday. Authorities around the world are taking steps to regulate the crypto asset sector, which has grown rapidly and been

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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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