Britain’s Lloyds banks lower profits on rising claims

PHOTO/AFP/File / DANIEL LEAL-OLIVAS British bank Lloyds said Wednesday that first-half net profits slid as it took another hit from mis-sold credit insurance before a key claims deadline, and cautioned over the outlook. Net profits dipped four percent to £2.2 billion ($2.7 billion, 2.4 billion euros) in the first six months of this year compared

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Funds to Kenya troops in Somalia halved

The European Union (EU) and its partners refunded Kenya Sh4.3 billion for its troops fighting Al-Shabaab militia in Somalia in the fiscal year ended June 2019, latest Exchequer statistics show. Cash from African Union Mission in Somalia (Amisom) in the 12-month period was nearly half the Sh8.5 billion the Treasury had budgeted for. The 28-nation

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Princess Haya, Dubai ruler’s wife, urges UK court to grant a forced marriage protection order

Princess Haya (right in white) seen for first time since fleeing Dubai as she arrives for High Court hearing Credit: Mark Thomas/i-Image By Steve Bird Princess Haya Bint Al Hussein, the youngest wife of the multi-billionaire ruler of Dubai, has urged a British court to protect one of her ­children by granting a forced marriage

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Ethiopian forces take control of positions in Kismayo after Kenyan troops withdraw

Ethiopian forces have taken control of several positions in the Somali port city of Kismayo, capital of the Jubbaland region, after Kenyan troops reportedly withdrew from the area, Horn News 24 reported July 29. The Somali government likely authorized the push for control by Ethiopian troops as part of its strategy to regain authority over

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Museveni tips Somali leader on state building

President Museveni. President Museveni last night shared snippets of a private conversation with his Somali counterpart, disclosing that he told President Mohamed Abdullahi Mohamed the problem with his country is collapsed systems.“I told the Somali President that you can’t have a functional government if the system is not organised,” Mr Museveni said, referring to details

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African Union Condemns Attack on Amisom Personnel

The Chairperson of the African Union Commission, Moussa Faki Mahamat condemns in the strongest terms the attack perpetrated on 29 July 2019 by Al-Shaabab militants against Amisom personnel, which led to a number of casualties. The troops were attacked in Balad district, located about 30 kilometers northeast from the capital city of Mogadishu. “We are

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Somaliland to boost Kenya’s miraa exports

Traded CS Peter Munya The national government is set open a consulate at Hargeisa in Somaliland aimed to increase exports to the autonomous country. Trade CS Peter Munya said Miraa will be the leading export to the country and that the Embassy will help negotiate favourable trade barriers and tariffs. The national government is set

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Pakistani army plane crashes into homes, killing at least 18

People help an injured victim who morns for the lost of his family member at the site of plane crash in Rawalpindi, Pakistan, Tuesday, July 30, 2019. A small Pakistani military plane crashed into a residential area near the garrison city of Rawalpindi before dawn, killing some people, officials said. (AP Photo/Anjum Naveed) A Pakistani

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3 companies pay California $70 million for delaying drugs

FILE – In this July 8, 2016, file photo, a prescription is filled at Pucci’s Pharmacy in Sacramento, Calif. Four pharmaceutical companies are agreeing to pay California nearly $70 million to settle allegations that they delayed drugs to keep prices high. California Attorney General Xavier Becerra said Monday, July 29, 2019, that the bulk of

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Second UK navy ship arrives in Persian Gulf

HMS Duncan to support safe passage of British-flagged ships through Strait of Hormuz, says UK Defense Ministry A second U.K. navy vessel arrived in the Persian Gulf to escort commercial ships through the Strait of Hormuz after a British oil tanker was seized by Tehran last week, London announced on Sunday. The U.K.’s National Defense

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