Turkey’s parliament passed legislation on Thursday allowing the sovereign wealth fund to take over companies in distress. The Turkiye Wealth Fund, chaired by President Recep Tayyip Erdoğan, will be able to inject cash or acquire controlling stakes in firms considered to be of strategic importance, according to the new law, state-run Anadolu news agency reported.

Britain’s Health Secretary Matt Hancock speaks during the daily coronavirus disease (COVID-19) digital news conference in 10 Downing Street, London, Britain April 15, 2020. Andrew Parsons/No 10 Downing Street/Handout via REUTERS LONDON (Reuters) – The United Kingdom’s novel coronavirus outbreak is starting to peak but it is too early to lift the lockdown because the

Executive order will not initially include civil penalties but that could change, Andrew Cuomo warns New York Governor Andrew Cuomo said Wednesday he is ordering all residents to wear masks when they are unable to maintain social distancing in public as the hard-hit state moves to a “new normal” in the coronavirus pandemic. Cuomo’s executive

Photo: Credit Twitter Former President of the Republic of Somalia Hassan Sheikh Mohamud spoke about the arrest of Journalist Abdiaziz Ahmed Gurbiye, local media in Mogadishu, who was arrested yesterday in the Hodan district of Banadir region. Former President Hassan Sheikh Mohamud posted a short Twitter message on his Twitter account saying: -“The intimidation and

Helsinki city councillor Suldaan Said Ahmed Image: Mårten Lampén / Yle Left Alliance councillor notes that Somali-background residents often work in low-paying jobs and live in close quarters. Helsinki city councillor Suldaan Said Ahmed says a major increase in Covid-19 cases in the Somali community is in part the result of class differences in Finland.

Photo/Somali Times Violence sparked by the killing a security guard while on duty the custody house. of Mukhtar Robow Ali, who is still in government custody, after being arrested in Baidoa in 2018. Reports indicate that one of the a security guard. was killed. The deceased was identified as Aweys Abdullahi Hashi, a security guard

A masked man walks past an electronic board showing Hong Kong share index outside a local bank in Hong Kong, Wednesday, April 15, 2020. Asian stocks edged lower Wednesday after the International Monetary Fund said the global economy will suffer its worst year since the Great Depression of the 1930s due to the coronavirus pandemic.

Photo: Credit Omar Abdulle Shooli The famous singer of the Waberi Somali national, Omar Abdulle Shooli, has died in the capital, Mogadishu, where he was recently admitted to Aden Adde hospital. The singer died of diabetes and lived with him for a long time, and later laid him in bed, according to some of his

Saudi King Salman bin Abdulaziz reading documents at the royal palace in the capital Riyadh on 8 March 2020 (AFP) Saudi Arabia has carried out the 800th execution of King Salman bin Abdulaziz’s five years of rule, human rights organisation Reprieve said on Tuesday. According to the British nonprofit, which campaigns against the death penalty,

Deputy Director of the local Media Present Abdiaziz Ahmed Gurbiye’s in custody in Mogadishu. Local Media Director Hassan Mohamed Mohamud confirmed the arrest of Abdiasis Gurbiye, which violates freedom of expression and media independence. Journalist Abdiaziz Ahmed Gurbiye is still unknown as to the reasons behind his arrest, but yesterday posted on his Facebook page