Deep dive dents bullish year in U.S. equity market with mixed expectations in 2025

A monitor displays stock market information on the trading floor of the New York Stock Exchange (NYSE) in New York, the United States, on Aug. 5, 2024. Photographer Michael Nagle By Xinhua News Agency Though a “hawkish” rate cut by the Federal Reserve recently plunged the U.S. stock markets, the overall performance of major indices

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5 reasons why Ethiopia’s Abiy attempt to reach the Red Sea isn’t a walk in the park

File Photo/Somali Times By Professor Abdiwahab Sheikh Abdisamad 1- Egypt will strongly reject, simply because Ethiopia presence in the Red Sea will touch Cairo national security. Read: Why is Somalia an unfortunate country Read: Somali warlord Hassan Sheikh and militia lost war of Raskamboni Read: Somalia’s president Hassan Sheikh history of corruption 2012-2017 2- Eritrea

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80 Somali MPs condemn the Kismayo travel ban by lowlife Hassan Sheikh

File Photo/Somali Times A joint statement issued by 80 members of the Somali Federal Parliament strongly condemned the Kismayo travel ban by lowlife Hassan Sheikh decision to suspend flights to the city of Kismayo, warning that the move was in violation of national and international laws. Read: Why is Somalia an unfortunate country Read: Somali

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Azerbaijani passenger plane crashes near Kazakh city of Aktau

By Anadolu Agency An Azerbaijan Airlines flight with 67 people on board, traveling from the Azerbaijani capital Baku to Grozny in Russia’s Chechnya region, crashed near the Kazakh Caspian city of Aktau on Wednesday, the Kazakh Emergency Ministry said, adding that there were 25 survivors. According to the ministry, 62 passengers and five crew members

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Eritrea has announced that it will cut ties with Somalia if it grants Ethiopia sea passage

File Photo/Somali Times The Asmara government has spoken for the first time about the rapprochement between Somalia and Ethiopia, following the Ankara agreement brokered by the Turkish government. An official from the Eritrean Foreign Ministry, said that they are concerned about the agreement signed between Somalia and Ethiopia in Ankara. Indicated that they consider the

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Somalia in turmoil between Egypt and Ethiopia

File Photo/Somali Times After Ankara’s call, Somalia finds itself in the middle of a political turmoil that has come to the alliance built in Asmara. Read: Why is Somalia an unfortunate country Read: Somali warlord Hassan Sheikh and militia lost war of Raskamboni Read: Somalia’s president Hassan Sheikh history of corruption 2012-2017 The federal government

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UK economy flat-lined in third quarter, in new setback for government

A woman walks across the road with her dog on the high street of Richmond, in London, Britain, October 11, 2024. Photographer Jaimi Joy/File photo By Reuters Britain’s economy failed to grow during the first three months of Prime Minister Keir Starmer’s new government, official figures showed on Monday, adding to signs of a slowdown

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Chinese-constructed project brings clean water to Botswana villagers’ backyard

This photo taken on Dec. 15, 2024 shows part of a water treatment plant constructed by China Civil Engineering Construction Corporation Botswana in Boteti, Botswana. Photographer Teng Junwei By Xinhua News Agency One morning, your correspondent braves the scorching sun and stops by the home of Mmabaledi Tebalo, a resident of Mokobaxane Village, Boteti region

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By arming Taiwan, US playing with fire, warns China

Military personnel inspect Taiwanese Air Force Mirage 2000-5 fighter jets, during the Sky Dragon aerial drill, at an airbase in Hsinchu, Taiwan, on 7 November, 2024. By Anadolu Agency China has warned the US over its latest military assistance to Taiwan and said to aid “Taiwan independence” by arming Taipei is just like playing with

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Boxing-Ukraine’s Usyk outpoints Fury to retain world heavyweight crowns

Boxing – Oleksandr Usyk v Tyson Fury – Heavyweight World Title – Kingdom Arena, Riyadh, Saudi Arabia – December 22, 2024 Tyson Fury in action against Oleksandr Usyk Action Images via Reuters/Andrew Couldridge By Reuters Ukraine’s Oleksandr Usyk retained his WBA (Super), WBO and WBC world heavyweight titles by unanimous decision against Britain’s Tyson Fury

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