Business

Brexit ‘backstop’ must go, UK premier tells Merkel

German Chancellor Angela Merkel (R) and British Prime Minister Boris Johnson (L) hold a joint press conference in Berlin, Germany on August 21, 2019. ( Abdülhamid Hoşbaş – Anadolu Agency ) Boris Johnson says he wants deal with EU on UK’s withdrawal, but insists first ‘backstop’ arrangement should be removed British Prime Minister Boris Johnson

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Merkel hosts UK PM Johnson in Berlin as Brexit drama grows

FILE – In this Wednesday, July 31, 2019 file photo, Britain’s Prime Minister Boris Johnson speaks during the first meeting of the National Policing Board at the Home Office in London. A key part of the divorce proposals between the EU and Britain centers on keeping the island of Ireland free of physical borders between

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The Qatar Government announces commencement of Hobyo Port construction project

Photo/Somali Times Mogadishu, The ministers of the ports of Somalia and Qatar, Maryam Aweys Jama, and Jassim Bin Saif Ahmed Al Sulaiti announced today that the construction of Hobyo port in Mudug region will begin. The ceremony, which was held at the Prime Minister’s Office was attended by the Prime Minister Hassan Ali Khaire, the

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Kenya seeks AU support on US $22.3bn Lapsset project

Photo/Construction review online The government of Kenya is seeking support from the African Union (AU) for the US $22.3bn trillion Lamu Port-Southern Sudan-Ethiopia Transport Corridor (Lapsset) project. Lapsset Corridor Development Authority announced the reports and said that a strong case has been made to the AU on the Lapsset project’s strategic position to connect not

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Amisom and FGS Commence Audit Of Companies And Organisations

The Federal Government of Somalia (FGS) and the African Union Mission in Somalia (Amisom) on Wednesday commenced a physical audit of companies and organisations operating within the Aden Abdulle International Airport protected area. The audit, targeting companies and organisations contracted by the United Nations and Amisom, is aimed at ensuring the private entities operate within

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Dow slumps 800 points after bonds flash recession warning

Specialist Mario Picone works on the floor of the New York Stock Exchange, Wednesday, Aug. 14, 2019. The Dow Jones Industrial Average sank 800 points after the bond market flashed a warning sign about a possible recession for the first time since 2007. (AP Photo/Richard Drew) The threat of a recession doesn’t seem so remote

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NHS prepares to charge EU citizens for treatment after a no-deal Brexit

Photo (AP) By Thomas Colson EU citizens in the UK will reportedly have to produce documentation to prove their right to access free healthcare under the NHS after a no-deal Brexit. The Department of Health indicated that hospital trusts should be prepared to charge some EU citizens who are currently eligible for free treatment “immediately

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State Department’s overly broad travel warnings undermine US mission

By Michael Rubin, opinion contributor The views expressed by contributors are their own and not the view of The Hill BERBERA, SOMALILAND To depart Mogadishu’s heavily-armed international airport Somalia’s “green zone” is an expensive prospect. Decades of lawlessness and instability in Mogadishu make insurance almost impossible. Few foreigners will pass outside the airport’s heavily fortified

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US delays tariffs on some Chinese goods, drops others

Photo/ (AP) The United States is delaying tariffs on Chinese-made cellphones, laptop computers and other items and removing other Chinese imports from its target list altogether in a move that triggered a rally on Wall Street. The Office of the U.S. Trade Representative said Tuesday that it is still planning to go ahead with 10%

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Global shares decline as trade war worries worsen

A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Monday, Aug. 12, 2019. Asian stocks gained Monday amid investor jitters the U.S.-China trade war might be worsening. (AP Photo/Ahn Young-joon) Global stocks retreated Monday amid investor concerns that the U.S.-China trade war might

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