By Anadolu Agency Global energy production may take years to diversify away from Russia, prolonging the risk of stagflation, the World Bank president has warned. Speaking at California’s Stanford University, David Malpass on Wednesday said the likelihood of a recession rose in Europe due to the weakness of the euro and high inflation, which further

The leaders of Ethiopia and Somalia on Wednesday signaled the neighbors will lay greater focus on economic ties in the coming future. Prime Minister Abiy Ahmed welcomed Somali President Hassan Sheikh Mahmoud on a two-day working visit to the capital Addis Ababa, his first trip to Ethiopia since taking office this May. According to Anadolu

By Anadolu Agency The EU on Wednesday proposed a new package of “biting” sanctions on Russia over its “escalation” in the ongoing Ukraine war, including an oil price cap. “Last week, Russia has escalated the invasion of Ukraine to a new level. The sham referenda, organized in the territories that Russia occupied, are an illegal

Somalia’s President Hassan Sheikh Mohamoud today visited Addis Ababa in Ethiopia. President Hassan Sheikh Mohamoud was welcomed by the Prime Minister of Ethiopia’s Abiy Ahmed. The president is expected to discuss the two officials in both countries and strengthening relations between Somalia and Ethiopia. Read: Somalia’s president Hassan Sheikh history of corruption 2012-2017 Read: Somalia’s

Britain’s Labour Party MP Rupa Huq /Toby Melville/File Photo By Reuters An opposition Labour lawmaker was suspended from the party on Tuesday after being accused of making racist comments about British finance minister Kwasi Kwarteng, with a party spokesperson saying it would call on her to apologise. Rupa Huq, a lawmaker who represents an area

File Photo/Somali Times The African Union peacekeeping mission in Somalia, ATMIS, has praised the armed forces of Somalia for their achievements in the security operations to liberate Al-Shabab terrorist groups from the country. The ATMIS operation said that the Somali forces have demonstrated their offensive capabilities, which enabled them to take control of areas that

By Anadolu Agency Moscow can use nuclear weapons to defend itself, former Russian President Dmitry Medvedev said on Tuesday, days after he asserted that all means could be used to protect territories incorporated into Russia from Ukraine. According to the country’s military doctrine, Russia can use its nukes if the country itself or its allies

By The Associated Press Russia on Monday granted citizenship to former American intelligence contractor Edward Snowden, who fled prosecution after he revealed highly classified U.S. surveillance programs to capture communications and data from around the world. A decree signed Monday by Russian President Vladimir Putin listed Snowden as one of 75 foreign citizens listed as

File Photo/Somali Times Kenyan President William Ruto who gave an interview to outlet media spoke about his position on the maritime dispute between Somalia and Kenya, which has already been decided by the International Court of Justice (ICJ). President Ruto, who recently met the President of Somalia, Hassan Sheikh Mohamud, when he was inaugurated, said

Police and paramedics work at the scene of a shooting at school No. 88 in Izhevsk, Russia, Monday, Sept. 26, 2022. A gunman on Monday morning killed 13 people and wounded 21 others in a school in central Russia, authorities said. Russia’s Investigative Committee said in statement that seven children were among those killed in