Credit: Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) Ms. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), issued the following statement following approval by the IMF Executive Board on a financing package for Somalia: “Today, the IMF Executive Board approved a financing plan that will help mobilize the resources

Photo/Somali Times BY Sonia Plaza In observance of the International Migrants Day, Dec 18 According to the National Academic of Science of the United States, climate change is linked to more intense and frequent disasters. For developing countries, especially those facing fragility, conflict and violence, the economic impact of climate change can be unbearably large.

People gather in front of the Presidential Palace during the “Chain of lights” protest against judicial overhaul in Warsaw, Poland July 26, 2018. REUTERS/Kacper Pempel Poland could end up leaving the European Union because of plans by the ruling nationalists that would allow judges to be fired if they question the legitimacy of the government’s

Photo/Somali Times The Prime Minister of the Federal Government of Somalia, Hassan Ali Khaire and the President of Turkey, Recep Tayyip Erdoğan, met in Geneva, Switzerland. The meeting, attended by the ministers from the two countries has discussed strengthening traditional relationship between the two countries are brothers. President Recep Tayyip Erdogan’s agenda and the meeting

The federal country is on the verge of launching a licensing round that could be transformative for the country—if IOCs are convinced by improvements to the security situation The geology of offshore Somalia is proven— and fresh details attracted even more attention at Africa Oil Week in November—as the country prepares for its much-delayed first

Minister for Labor and Social Affairs seeks Turkey’s assistance to help Somalia realize its potential in agriculture An exhibition organized by Somalia and Turkey officially kicked off Sunday, attracting hundreds of participants, including business leaders from all sectors of agriculture. Among those attending was Turkish Ambassador to Somalia Mehmet Yilmaz, who said he was pleased

Britain’s Prime Minister Boris Johnson gestures during a visit to newly elected Conservative party MP for Sedgefield, Paul Howell at Sedgefield Cricket Club in County Durham, north east England on December 14, 2019, following his Conservative party’s general election victory. Lindsey Parnaby/Pool via REUTERS British Prime Minister Boris Johnson will “get Brexit done” by Jan.

Photo/Somali Times The Prime Minister of the Federal Government of Somalia, Hasan Ali Khaire, met with his Qatari counterpart, Sheikh Abdullah bin Nasser bin Khalifa Al Thani. The two prime ministers discussed strengthening bilateral relations and bilateral cooperation. Somali Prime Minister asked more aid. Somali government’s failed  in reforms, Al-Shabaab openly taxes businesses and solicits

European Central Bank President Christine Lagarde, center, speaks with Luxembourg’s Prime Minister Xavier Bettel, left, and French President Emmanuel Macron, right, during a round table meeting at an EU summit in Brussels, Friday, Dec. 13, 2019. European Union leaders are gathering Friday to discuss Britain’s departure from the bloc amid some relief that Prime Minister

A broker looks at financial information on computer screens on the IG Index trading floor in London, Britain February 6, 2018. REUTERS/Simon Dawson Britain’s election on Thursday is widely referred to as the most important in a generation given the impact it will have on the country leaving the European Union and choosing between starkly