Browsing Tag
Somalia
2 posts
Chinese Vessel Hijacked Off Somali Coast, 18 Crew Members Held
Armed Robbery at Sea Revives Concerns Over Maritime Security in Somali Waters after Hijackers Steal a Chinese Vessel And Hold 18 Crew Members Hostage
MOGADISHU, Somalia – A Chinese vessel with 18 crew members was hijacked off the northeastern coast … Continue Reading
US Forgives $1.1 Billion of Somalia’s Debt in Landmark Deal
US Debt Forgiveness Cancels Decades of Financial Strain, Signals New Era for Somalia’s Economic Recovery and Global Financial Reengagement
Debt Legacy from Civil War Era
Most of Somalia’s debt accumulated during the military dictatorship of Siad Barre, which ended … Continue Reading