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foreign

Media Stocks Dive as Trump Promises Steep Tariffs on Foreign Films

Why are Investors Concerned? Recent moves by investors to offload shares of prominent streaming and movie companies have sparked discussions in financial circles. The catalyst for this anxiety? Former President Donald Trump's announcement regarding his intention to impose a 100% tariff on foreign-made films, a decision that sends ripples through the entertainment industry. In a bold post on Truth Social, Trump articulated his perspective, suggesting that tax incentives from other nations are luring filmmakers away…

Somalia Blocks Taiwan Passport Amid Concerns Over Foreign Minister’s North Western State of Somalia Trip: Former Official

Somalia's Dilemma: A Ban on Taiwanese Passports Amid Geopolitical Tensions MOGADISHU, Somalia – In a recent twist of international diplomacy, Somalia’s former Foreign Minister, Ahmed Moalim Fiqi, justified the country's decision to ban Taiwanese passports. He accused Taipei of undermining Somalia’s unity by supporting separatist movements within its borders. This bold assertion raises pertinent questions about sovereign rights and international relations. How far should a nation go to protect its territorial integrity?…

Egypt’s Foreign Minister Reaches Out to New Somali Counterpart, Offers Support

Strengthening Ties: Egypt and Somalia's Diplomatic Endeavors (From L to R) Somalia's Minister of Foreign Affairs and International Cooperation, Abdisalam Abdi Ali, Egypt's Foreign Minister Badr Abdelatty. In a significant display of diplomatic goodwill, Egypt’s Foreign Minister Badr Abdelatty reached out to Somalia’s newly appointed Minister of Foreign Affairs and International Cooperation, Abdisalam Abdi Ali, in a welcoming phone call on Monday. This conversation was not just a mere exchange of pleasantries; it…

IGAD Leader Applauds Somalia’s New Foreign Minister During Cabinet Revamp

Significant Leadership Changes in Somalia Mogadishu (AX) — In a noteworthy development, Dr. Workneh Gebeyehu, the Executive Secretary of the Intergovernmental Authority on Development (IGAD), has extended heartfelt congratulations to Abdisalam Abdi Ali on his recent appointment as Somalia’s Minister of Foreign Affairs and International Cooperation. This transition marks a pivotal moment for the country, as it seeks to navigate increasingly complex political landscapes and security challenges. In his message,…

IGAD Embraces Somalia’s New Foreign Affairs Leader

IGAD Embraces Somalia’s New Foreign Minister with Hope and Collaboration MOGADISHU, Somalia - Recently, the Intergovernmental Authority on Development (IGAD) extended a warm welcome to Somalia's newly appointed Minister of Foreign Affairs, Abdisalam Abdi Ali. In a country grappling with heightened security challenges and diplomatic hurdles, Ali's arrival is seen as both timely and crucial. Taking over the reins from Ahmed Moalim Fiqi, who has shifted to the defense portfolio under Prime Minister Hamza Abdi Barre’s…

Dangote Refinery Dismisses Foreign Media Claims as Fabrications

Clarifying the Status of Dangote Refinery's Fuel Production In a recent conversation with the Punch, a senior spokesperson from the Dangote Refinery shed light on some misconceptions surrounding its fuel production unit. Reports suggested that operations were halted due to maintenance. However, according to the spokesperson, these claims don't reflect the current reality at the facility. “It is simply not true,” the spokesperson stated candidly during the interview. “Don’t believe everything you read online. We invite…

Somali Premier Revamps Cabinet, Unveils New Foreign and Defense Chiefs

Recent Changes in Somalia’s Political Landscape In a significant reshuffling within Somalia’s leadership, Jibril Abdirashid Haji Abdi has been appointed as the second deputy prime minister. This appointment certainly adds a fresh dynamic to the current administration. Abdirashid is not a newcomer to the political scene; he brings a wealth of experience garnered from his previous role as the Minister of Commerce and Industry. As we navigate uncertain waters in the realm of governance, one can't help but wonder: how will…

Ghana to Halt Foreign Access to Gold Market by April 30

Ghana Directs Foreign Nationals to Exit Local Gold Market by April 30, 2025 It was barely a year ago when a conversation over coffee in Accra turned to the booming gold trade and the significant presence of foreign entities involved. My companion, a dedicated small-scale miner by profession, voiced a wary hope, "One day, perhaps, Ghana will have better control of its own precious resources." It seems now, that day has come. On April 14, Ghana officially announced a sweeping directive urging all foreign nationals…

Iran and the United States Wrap Up Discussions in Oman, Reports Foreign Ministry

The Iranian Foreign Ministry has announced that indirect negotiations with the United States regarding its nuclear program have come to a close in Oman. The ministry characterized the discussions as "constructive." "The indirect talks between the Islamic Republic of Iran and the United States concerning sanctions relief and nuclear matters have concluded," the ministry shared in a statement, noting that discussions were held in a "constructive and mutually respectful atmosphere." High-level discussions commenced today…

U.S.–South Sudan Visa Spat Deepens, Foreign Minister Ousted

Diplomatic Turbulence: A Tale of Visas and Citizenship In the heart of South Sudan, political waves are stirring. The recent dismissal of Goc, the former Foreign Affairs Minister, serves as a vivid testament to the ongoing diplomatic strife between South Sudan and the United States. This turmoil stems from a contentious deportation of a man initially presumed to be a South Sudanese national. The unfolding events offer a profound lens into the complexities of immigration and national identity.…

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