swift

What’s Impacting Tesla's Share Decline? Examining the Underlying Factors The financial terrain for Tesla seems to be an uphill battle these days. With a ninth consecutive week of losses, Tesla's stock now sits at 53% below its peak from mid-December. How did the all-electric giant find itself in this predicament? Daily, it seems, the roadblocks for Tesla multiply. Both fresh and familiar challenges surround the enterprise. Take, for instance, the recent news from Tuesday: Tesla faces…

In a pointed discussion during the recent G20 gathering in South Africa, a coalition of former African heads of state convened to spotlight an urgent crisis: the escalating debt burden on the continent. United under the African Leaders' Debt Initiative, these seasoned leaders articulated a clarion call for "intensified international cooperation." But what does this cooperation truly entail? It begs the question: can the global financial structure be adjusted to genuinely uplift developing nations? The atmosphere during this…

In a compelling demonstration of solidarity, the Federal Republic of Somalia's head honcho, President Hassan Sheikh Mohamud, threw his weight behind the Palestinian cause, making an impassioned plea for an immediate halt to hostilities. "The bloodshed must stop," he declared, emphasizing the necessity of freeing all captives and prisoners. "This is not just about peace, it's about preserving lives and easing suffering." Speaking at the high-stakes Extraordinary Arab and Islamic Summit in Riyadh, President Mohamud laid bare…

Mogadishu (AX) — In the home stretch before the African Union forces exit, global partners are scrambling to lock down plans for a fresh strategy in Somalia. The African Union Support and Stabilization Mission in Somalia (AUSSOM) is on deck to succeed ATMIS come January 2025. It’s a linchpin effort aimed at resisting the relentless Al-Shabaab insurgency threatening Somalia’s fragile peace.The African Union's Peace and Security Council has given two thumbs up to AUSSOM's strategic playbook, known as CONOPs. This mission’s…

There’s growing chatter around Mandera’s prolonged border closure, with local leaders pushing to lift this directive. They believe reopening the border could spark business opportunities and bolster revenue collection. The border, shut down over a decade ago, hasn't entirely halted illegal trade, claim both leaders and residents. This persistent underground activity continues to impact lawful businesses and has wider economic consequences. The government initially sealed the border to throttle Al Shabaab terror threats and…

KISMAYO, Somalia - The UN's top aid worker in Somalia has called for swift action to prevent a disaster in Somalia in the midst of an impending drought. Adam Abdelmoula, Deputy Special Representative for the Secretary-General and UN-Residential and Humanitarian Coordinator for Somalia, said about 3.4 million people are expected to be affected by the drought in the country. Extreme dry conditions and water scarcity are reported in 34 districts; the hardest hit areas are Somaliland, Northeastern State, Galmudug,…