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Somalia secures $4.5B debt relief deal

[ad_1] Somalia on Wednesday secured a $4.5 billion debt relief deal with international creditors. The deal is part of the Heavily Indebted Poor Countries initiative, a debt forgiveness program overseen by the International Monetary Fund and World Bank. Somalia’s current national debt exceeds $5 billion. Somalia on Wednesday secured a …

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Albanian high court blocks ratification of migrant deal with Italy

[ad_1] Albania’s Constitutional Court on Wednesday blocked the ratification of a deal with Italy that would establish a joint-processing system for migrant arrivals. The controversial deal calls for Tirana to hold up to 36,000 migrants for a year, so Rome can expedite its processing of asylum requests. The deal has …

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