(SomaliNet) As part of a plan to keep the British banking system afloat, the British government is to make billions of euros available. The Bank of England will set aside 250 billion euros for short-term loans to banks.
The British government will provide 320 billion euros in loan guarantees to
(SomaliNet) Some 500 kilograms of cocaine have been found in a container which was on its way to Rotterdam. The shipment was discovered in the port of Antwerp following a tip.
The container came from Ecuador and was filled with tins of tuna for a Dutch supermarket.
Once the cocaine had been r
(SomaliNet) Washington is about to remove North Korea from its list of countries that support terrorism, reports in the US media suggest said. Some expect an official statement on the issue later today.
North Korea had responded angrily to the fact that it remains on the terrorist blacklist despi
(SomaliNet) A roadside bomb in the Upper Dir district of Pakistan's North-West Frontier Province killed at least 11 people.
The bomb exploded as a prison bus and a school bus were passing. Three prisoners, four policemen and four schoolchildren were killed.
According to reports, shortly befor
(SomaliNet) A Member of Parliamnet (MP) has been killed in the Iraqi capital Baghdad in a bomb attack.
At least one passer-by was also killed. The MP, Saleh al-Ugaili was a member of the Shiite cleric Moqtada al-Sadr's parliamentary party. The bomb was hidden on a motorbike parked on the roadsid
(SomaliNet) Amnesty International says there has been an alarming rise in the number of executions carried out in Saudi Arabia. Last year 158 people were executed, four times as many as in 2006.
Saudi Arabia applies a strict version of sharia, or Islamic law. The death penalty is imposed for rap
(SomaliNet) Aid organisations have expressed serious dissatisfaction with the meetings of the International Monetary Fund and the World Bank.
The meetings were overshadowed by the worldwide financial crisis, and hence there was little discussion of aid to developing countries. Aid organisation O
(SomaliNet) Greece has been rocked by an earthquake measuring 5.1 on the Richter scale. The epicentre lay in the Aegean Sea near the island of Evia, northeast of the capital Athens. The quake could be felt across a wide area of the Greece.
There are no reports of casualties or damage. Earthquake
(SomaliNet) Deadly wind-driven brush fires roared out of the foothills and canyons on the northern fringe of Los Angeles on Monday, destroying dozens of homes and threatening hundreds more dwellings.
In Southern California's first big wildfires of the season, a homeless man was found dead with hi
(SomaliNet) At least 23 people were killed when a bus collided head-on with a truck in north-east India's Assam state on Tuesday, police said.
Another 40 people were injured in the crash.
The incident took place in Assam's Dhubri district, about 300 km west of the state capital Dispur.
Poli
