Following the signing of a new Petroleum Law and Revenue Sharing Agreement in May of this year, as well as the unveiling of its first ever offshore licensing round (15 blocks covering 75,000 sq. km), the Horn of Africa nation is keen to show the world that it is open for business. The law breathes

FILE PHOTO – Speaker of the House John Bercow speaks in the House of Commons in London, Britain September 3, 2019. ©UK Parliament/Jessica Taylor/Handout via REUTERS Britain’s House of Commons Speaker John Bercow, who played a key role in the three-year Brexit crisis, said on Monday he would stand down from the role, issuing a

File/Photo/Somali Times Somalia’s economy is expected to grow by 2.9% this year, from 2.8% last year, before growth quickens to 3.2-3.5% in the medium term, the World Bank said on Monday. The Horn of Africa country has been in turmoil since 1991, when clan warlords overthrew President Siad Barre and then turned on each other.

U.S. President Donald Trump departs after presenting NBA Hall of Fame player Jerry West with the Presidential Medal of Freedom in the Oval office of the White House in Washington, U.S., September 5, 2019. REUTERS/Joshua Roberts U.S. President Donald Trump on Saturday said he canceled peace talks with Afghanistan’s Taliban leaders after the insurgent group

Saudi Arabia’s King Salman replaced the country’s energy minister with one of his own sons Sunday, naming Prince Abdulaziz bin Salman to one of the most important positions in the country as oil prices remain stubbornly below what is needed to keep up with government spending. The new energy minister is an older half-brother to

Britain’s Prime Minister Boris Johnson, Chancellor of the Duchy of Lancaster Michael Gove (L), and leader of the House of Commons Jacob Rees-Mogg (R) attend in the House of Commons in London, Britain September 3, 2019. ©UK Parliament/Jessica Taylor/Handout via REUTERS British Prime Minister Boris Johnson will try to call a snap election on Wednesday

Britain’s Prime Minister Boris Johnson speaks after the announcement of the result of the vote in in the Parliament in London, Britain, Spetember 3, 2019, in this still image taken from Parliament TV footage. Parliament TV via REUTERS A cross-party alliance defeated Prime Minister Boris Johnson in parliament on Tuesday in a bid to prevent

Photo (AP) Asian stock markets were mostly lower Tuesday after investor jitters over U.S.-Chinese trade tension were revived by a report negotiators cannot agree on a schedule for talks this month. Tokyo’s market benchmark advanced while Shanghai, Hong Kong and South Korea declined. Markets reacted less strongly to last weekend’s U.S. and Chinese tariff hikes

Photo/Somali Times Villa Somalia power sharing members of the opposition parties. Mogadishu,. Somali Prime Minister Hassan Ali Khaire today welcomed the members of the opposition parties. in Villa Somalia MP Abdirahman Odawa, who recently announced that he is a candidate for the post of Galmudug president, MP Mahad Salad, MP Fiqi was among those attending.

President Donald Trump talks with reporters on the South Lawn of the White House in Washington, Friday, Aug. 30, 2019, en route to Camp David in Maryland. (AP Photo/Carolyn Kaster) The United States and China went ahead with their latest tariff increases on each other’s goods Sunday, potentially raising prices Americans pay for some clothes,