Philippines: External debt hits $80B in Q1

By MAYVELIN U. CARABALLO, TMT THE country’s outstanding external debt reached $80.431 billion in the first quarter of 2019, up from figures posted three months and a year earlier, data released by the Bangko Sentral ng Pilipinas (BSP) showed. In a statement, the central bank said the amount was $1.471 billion higher than the $78.960

Read More

Hong Kong leader says sorry as protesters insist she quits

Protesters attend a demonstration demanding Hong Kong’s leaders to step down and withdraw the extradition bill, in Hong Kong, China, June 16, 2019. REUTERS/Tyrone Siu Hong Kong’s leader Carrie Lam apologized to its people on Sunday as an estimated 1 million-plus black-clad protesters insisted that she resign over her handling of a bill that would

Read More

Yemen’s Houthis target two Saudi airports with multiple drone attacks

Yemen’s Houthi movement launched fresh drone attacks targeting Jizan and Abha airports, in southern Saudi Arabia, the group’s Al-Masirah TV said on Saturday, adding the installations were out of service. Saudi-owned Al-Arabiya TV said Saudi forces had intercepted a ballistic missile targeting the southwestern city of Abha. The Iran-aligned group said multiple drone strike targeted

Read More

Saudi seeks oil supply protection as U.S. and Iran face off

FILE PHOTO: An oil tanker is seen after it was attacked at the Gulf of Oman, in waters between Gulf Arab states and Iran, June 13, 2019. ISNA/Handout via REUTERS Saudi Arabia called for swift action to secure Gulf energy supplies and joined the United States in blaming Iran for attacks on two oil tankers

Read More

Somali Deputy Prime Minister Opens Diaspora Conference in Istanbul

Photo/Somali Times Istanbul, Somali Times Somali Deputy Prime Minister and Minister of Foreign Affairs; Mahdi Mohamed Guled, officially opened a new Somali diaspora in the city of Istanbul, Turkey. The lasts for four days, was talking re-negotiate, trade and environmental issues, with a particular focus on the challenges and opportunities that can benefit from. The

Read More

Mortar attack on Iraqi base home to US troops; no casualties

FILE – in this Tuesday, Feb. 13, 2018 file photo, an Iraqi army soldier stand guard near a U.S.- made Iraqi Air Force F-16 fighter jet at the Balad Air Base, Iraq. Militants fired early Saturday, June 15, 2019, three mortar shells on an air base just north of Baghdad where American trainers are present,

Read More

Nine civilians killed in Galkayo town, revenge attack

Mogadishu_Nine civilians killed in Galkayo town, revenge attack”This was a horrible incident, a gruesome killing against nine unarmed innocent civilians in southern Galkayo. All of the civilians belong to one clan and the gunmen shot them dead in one location a few minutes after suspected Shabaab gunmen killed” a policeman, Mohamed Abdirahman, a local police

Read More

US warns Sudan

Tibor Peter Nagy Jr. The US government sounded the alarm yesterday over the situation in Sudan following the latest crackdown by the country’s Transition Military Council, warning of catastrophic scenarios similar to the instability in Libya and Somalia if the path to a civilian-led transition fails. In a telephone briefing with reporters, State Department Assistant

Read More

10 Kenyan police officers killed in blast near Somalia

Kenyan officials say at least 10 police officers are dead after their vehicle struck an improvised explosive device near the Somali border in a suspected extremist attack. The officials, who spoke on condition of anonymity because they were not authorized to share the information, said those killed Saturday in Wajir County were among 13 officers

Read More

Kenya: Life to get tougher in funding of Sh3trn budget

Treasury Cabinet Secretary Henry Rotich arrives at Parliament buildings on June 13, 2019 to read the 2019/2020 Budget. Mr Rotich has proposed to slap a 10 per cent tax on all bets as they are placed. A detailed Treasury document has revealed just how taxpayers will contribute to the next financial year’s budget. Besides the

Read More