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In the shadowy corners of the cryptocurrency market lies a group of sophisticated financial entities playing a pivotal role in its evolution: market makers. Their influence isn't simply about moving assets; it’s about setting the stage for the future of trading in this exciting yet tumultuous landscape. In this article, we will delve into the essentials of market making, trace its roots in traditional finance, and explore its critical function in fostering a more efficient cryptocurrency trading environment.…

Mogadishu (AX) — Imagine a door as more than just wood and nails; imagine it as a fragile barrier between life and death. The film "Aano Qabiil," or "Clan Revenge," opens with a haunting scene: a man stands at this threshold, desperate, imploring for mercy—and yet, on the other side, waits a fate he might not survive. It's fiction. A story brought to life by Somali filmmakers about the tragic cycle of vendettas that plague their homeland. Yet, like so many dark tales inspired by reality, the lines between art and life…

MINNEAPOLIS, Minn. (AX) — In a twist reminiscent of a gritty crime drama, a third confession has come forward in a convoluted plan to sway justice with $120,000 in cash—a daring attempt to corrupt a juror's integrity during last year's headline-grabbing "Feeding Our Future" fraud trial. This trial was entangled in allegations of a staggering $250 million misappropriation of federal child nutrition funds. At the heart of this unfolding drama is Abdulkarim Shafii Farah, a 25-year-old from Minneapolis, who stepped…

Elumelu Joins Prestigious IMF Advisory Council The International Monetary Fund (IMF) has recently welcomed Tony Elumelu, a prominent figure in the African business landscape, to its Advisory Council on Entrepreneurship and Growth. By joining this council, Elumelu is not only expanding his influence but is also seated amongst a group of global luminaries. Alongside him are distinguished professionals like Professor Ufuk Akcigit from the University of Chicago, HRH Ambassador Reema Bandar Al-Saud…

Countries grappling with intense humanitarian crises, like South Sudan, DR Congo, and Somalia, quickly emerged as areas of concern. Famine, displacement, and mounting distress made them susceptible to further turmoil. Have you found yourself pondering, "How do these regions cope?" The Food and Agricultural Organization (FAO) highlighted a stark reality. In 2022, approximately 282 million people in Africa found themselves undernourished, which accounts for nearly 20% of the continent's population. This number was…

Edited By Ali Musa Axadle Times International–Monitoring. In a groundbreaking moment for East Africa, Djibouti City celebrates an accomplishment that reverberates beyond its borders. For the first time, an East African representative, Sulayman Hassan Waaberi, takes a seat on FIFA’s Executive Committee. Elected in the vibrant city of Cairo, Waaberi's success shines a spotlight on a region that has historically watched from the sidelines of global football. Waaberi's four-year term marks a significant stride for East Africa,…

The world's richest person and the president of the United States have become close political allies, with Musk calling himself "first buddy" following Trump's victory and donating more than $200 million toward pro-Trump super PACs. He's been seen by Trump's side often since the inauguration in January, and his official role at the White House is a "special government employee." Trump tasked Elon Musk with recommending cost cuts in the federal government, which are being made by the White House DOGE office. Since his…

In the heart of Mogadishu, the pulsating capital of Somalia, a gathering unfolded under the warm embrace of a communal iftar in the Hodan district. Here, the scent of traditional dishes mingled with the profound sense of community and reflection that Ramadan inspires. As the sun gracefully settled beyond the horizon, an important discourse began, led by none other than Benadir Regional Police Commissioner, Mahdi Omar Mumin. In a voice that resonated both authority and sincerity, Commissioner Mumin addressed an issue as…

ADDIS ABABA - In a riveting turn of events, Djibouti's Foreign Minister, Mahamoud Ali Youssouf, emerged victorious in the race for the prestigious African Union Commission Chairperson position, besting Kenya's erstwhile Prime Minister, Raila Odinga. The conclusion came only after a rigorous seven rounds of voting by the continent's Heads of State and Governments, marking the end of a campaign that was as intense as it was unpredictable. As the electoral process got underway, Raila Odinga seemed the indomitable…

In recent discussions surrounding the ongoing conflict in Ukraine, EU Commissioner Michael McGrath asserted that any peace negotiations must prioritize the perspectives of both the Ukrainian government and its citizens. This sentiment echoes a broader understanding that sustainable resolutions can only emerge with the active involvement of those directly affected. Adding weight to the urgency of the situation, former U.S. President Donald Trump revealed that both Ukrainian President Volodymyr Zelensky and Russian President…