Turkish lira slides almost 8% after intervention-driven surge

A money changer counts Turkish lira banknotes at a currency exchange office in Ankara, Turkey September 27, 2021. REUTERS/Cagla Gurdogan By Reuters The lira tumbled almost 8% against the dollar on Monday amid persisting investor concern over Turkey’s monetary policy, having surged more than 50% last week after billions of dollars of state-backed market interventions.

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Death toll from Philippines typhoon climbs to 389

By Anadolu Agency The death toll from a powerful typhoon in the Philippines has climbed to 389 on Monday, the country’s National Disaster Risk Reduction and Management Council said. The typhoon, locally called Odette and identified as Rai internationally, hit the archipelago nation last week. The council said 64 people remain missing while 1,146 have

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Somalia’s President Farmajo sacks PM Roble over corruption and working an informant for foreign actors

File Photo/Somali Times President Mohamed Abdullahi Mohamed has adjourned the powers of Prime Minister Roble over corruption and working an informant for foreign actors. The surprise announcement came as the two leaders clashed over delays in ongoing elections. Somalia’s President Mohamed Abdullahi Mohamed “suspended” the powers of Prime Minister Mohamed Hussein Roble, a statement released

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UK accused of defending corruption in Libya with election tweet

An electoral billboard in Tripoli reading in Arabic ‘register and vote before missing your chance’. Photograph: EPA The Guardian By Patrick Wintour Diplomatic editor British ambassador faces claims of violating diplomatic norms and interfering in internal processes Libya’s political crisis has taken on an increasingly international dimension after the UK was accused of defending corruption

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Somali prime minister Roble is an informant for foreign actors-sources say

File Photo/Somali Times An emergency zooms conference is currently for Prime Minister Mohamed Hussein Roble and members of the international community, to discuss the latest developments. Somali prime minister Roble is an informant for foreign actors, according Somali spy agency officials told Somali Times. The sensitive meeting comes Somali prime minister failed to deliver election

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The Modern-Day Scramble for Africa: Why Foreign Countries are Building Naval Bases in Africa

Naval Bases African Exponent By Nondumiso H. Khumalo The increasing rate of foreign countries with military bases in Africa has been a concern for the African Union (AU) Peace and Security Council for a while now. However, many African states are still open to and are actively hosting foreign military bases. Recent reports have stated

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Somali prime minister failed to deliver election

File Photo/Somali Times Prime Minister Mohamed Roble failed to deliver election mandate and President Mohamed Abdullahi Farmajo called for a national conference in an indication he might be clawing back authority to oversee the long-delayed process from the prime minister Roble. In a statement Saturday night, Villa Somalia said the President was concerned that the

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Body of missing Somali Imam leader in Columbus, Ohio found inside the vehicle

By The Columbus Dispatch The body of a man believed to be the leader of a popular Islamic mosque on the Northeast Side was found inside a vehicle in a wooded lot at a North Side business. As many as 200 people converged near the intersection of Joyce and Windsor avenues just after 3:30 p.m.

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Iran says war games in Gulf were warning to Israel

An explosion is seen on the water surface behind a member of the Islamic Revolution Guards Corps (IRGC) during a joint military exercise called the ‘Great Prophet 17’ in the southwest of Iran, in this picture obtained on December 22, 2021. IRGC/WANA (West Asia News Agency)/Handout via REUTERS By Reuters War games conducted this week

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Somalia: Warlord Said Deni defeated by Puntland security forces

Photo/Somali Times Somalia state of Puntland Warlord Said Abdullahi Deni said he was ready for a peaceful solution of any kind and any agreement reached on the conflict in Bosaso. Warlord Said Deni was defeated by Puntland security forces lead by Gen. Mohamoud Osman Diyano. Speaking at a press conference in Bosaso last night Deni

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