EU

EU Allocates $9 Million to Bolster Somalia’s Budget The European Union (EU) has committed $9 million to aid Somalia’s federal budget. This cash injection aims to address shortfalls encountered during budget drafting. According to an EU statement, the funding comes in recognition of Somalia’s strides in economic stabilization and financial reform, leading to improved service delivery. The EU emphasizes that this contribution is part of the State and Resilience Building Contract (SRBC), which seeks to enhance the Somali…

MOGADISHU, Somalia - For over nine months now, several meetings have been held in the Federal Republic of Somalia over forthcoming elections that could determine the future of the nation of Horn of Africa, which has been fighting for decades. Since 1991, there have been genuine efforts to find a lasting solution that includes the creation of both the Transitional Government and later the Federal Government, with the international community credited for these impressive gains. But the last few months have been tough for…

The EU and the UK conclude a narrow Brexit agreement following torture negotiations LONDON - Britain concluded a narrow Brexit trade deal with the European Union on Thursday, just seven days before leaving one of the world's largest trading blocs in its most significant global shift since the loss of empire. The deal means it has swung away from a chaotic finale to a tortuous divorce that has shaken the…