Paris Club creditors cancel $1.4Bln of Somalia’s debt

The Paris Club of creditor countries have agreed to restructure Somalia’s external public debt with an immediate cancellation of $1.4 billion. The decision cancels 67% of the debts owed to Paris Club by Somalia. Several of Somalia’s Paris Club creditors, including the United States, the UK and Norway, as well as the World Bank and […]

Somalia killed al-Shabab co-founder, as the country is on verge of famine

Somalia’s government said it had killed Abdullahi Nadir, one of the co-founders of Islamist militant group al-Shabab, in an operation with international partners, as the United Nations warns the country is still teetering on the edge of famine. The announcement of the operation that killed Nadir on Saturday (October 1) comes as Somali security forces […]

UK: PM Cameron ready to take on ISIL in Libya and Syria if any threat emerges

David Cameron announced Monday the United Kingdom could enter in war against the ISIL in Syria and Libya if the group poses any threat to his country or to British nationals as what happened in the Sousse gun-attack. Mr Cameron was speaking at the start of his South-East Asia tour taking him to Malaysia and […]