Sunday, December 28, 2014 6:24 PM EST

Somalia

Somalia, officially the Republic of Somalia, and formerly known as the Somali Democratic Republic under communist rule, is a country located in the Horn of Africa. It is bordered by Djibouti to the northwest, Kenya to the southwest, the Gulf of Aden with Yemen to the north, the Indian Ocean to the east, and Ethiopia to the west.

In antiquity, Somalia was an important center for commerce with the rest of the ancient world. Its sailors and merchants were the main suppliers of frankincense, myrrh and spices, items which were considered valuable luxuries by the Ancient Egyptians, Phoenicians, Mycenaeans and Babylonians with whom the Somali people traded.  Read More

Headlines Around the Web

Somalis fear loss of remittances as bank exits

Aug 26, 2013 - Financial Times

French Connection falls on profit warning

May 18, 2012 - Financial Times

War-torn Somalia stages TEDx conference

May 18, 2012 - France24

Somalia's capital enjoys building boom

May 06, 2012 - France24

Small-caps: Red Emperor soars on oil find

Mar 08, 2012 - Financial Times

Somalia: Piracy Driving Economic Boom

Jan 23, 2012 - AllAfrica News

Somalia: Pirates Attack Spanish Warship

Jan 13, 2012 - AllAfrica News

Kenya: Local Firm to Map Out Somalia Crisis

Jan 10, 2012 - AllAfrica News

Articles About Somalia

A woman wearing a mask walks past a wall painted with China's national flag in central Beijing, October 9, 2014. Beijing issued a yellow alert for air pollution on Wednesday with smog forecast to continue for the next three days until Saturday, said the B
China Drops To 100th Spot In Corruption Index Despite President Xi’s Anti-Corruption Campaign

By IBTimes AU

China's drop by 20 places in the Corruption Index released by Transparency International on Tuesday seems to say that the anti-corruption campaign by Chinese President Xi Jinping is not effective in wiping out graft. (Dec 04)

MORE TOPICS: CHINA, INDIA

New Zealand's Prime Minister John Key After The General Election In Auckland
New Zealand Named Second in World's Least Corrupt Countries

By IBTimes AU

New Zealand is the second least corrupt country in the world in the latest Transparency International Corruption Index. (Dec 03)

MORE TOPICS: AUSTRALIA, CHINA, INDIA, CRICKET

Islamist Fighters At An Eastern al-Ghouta Camp
ISIS Drug Transit From Afghanistan To Europe Confirmed By Russia: Money Goes Into Terror Funding And In New Recruitments

By IBTimes AU

There seems to be an umblical chord between terror and drug trade. (Nov 27)

MORE TOPICS: AL-QAEDA, AFGHANISTAN, IRAQ, M&A, EUROPEAN UNION, RUSSIA

JAPAN-AUSTRALIA/TALKS
Julie Bishop Chairs UN Counter-terrorism Meeting

By IBTimes AU

Minister for Foreign affairs Julie Bishop headed a UN Security Council on counter terrorism. (Nov 21)

MORE TOPICS: IRAQ, UNITED NATIONS

Islamic State In Iraq And The Levant (ISIL) Fighters
Australia Warned To Cancel Passports of Australian ISIS Fighters in a Time of 'War'

By IBTimes AU

A former Al Qaeda trusted aide who became a CIA informant has warned the Australian government to prevent the return of Australian fighters supporting ISIS. (Nov 18)

MORE TOPICS: AL-QAEDA, AUSTRALIA, STORM, CENTRAL INTELLIGENCE AGENCY

Boy Stoned To Death For Alleged Rape, Victim Receives Dowry From Militants

By IBTimes AU

18-year-old boy was stoned to death for allegedly raping a 28-year-old woman (Oct 23)

MORE TOPICS: AMD, UNITED NATIONS

Special Forces Soldier, Spy, Handgun, Drinking Session, Afghanistan – Dangerous Combination

By IBTimes AU

Inspector General of Intelligence and Security, Dr Vivienne Thom, revealed an alarming incident involving a special forces soldier and an Australian spy (Oct 21)

MORE TOPICS: AFGHANISTAN, IRAQ, RWANDA

Suspected Somali pirates captured by the Dutch navy working under NATO command are seen behind bars at the Mombasa Law Courts in the Kenyan coastal city of Mombasa, January 23, 2014.
Kidnapped German-US Journalist Freed After Two Years

By IBTimes AU (No Google news)

Michael Scott Moore, journalist probing piracy in Somalia, was released by kidnappers and transported to Nairobi. (Sep 24)

MORE TOPICS: CALIFORNIA

Veiled women sit as they chat in a garden in the northern province of Raqqa March 31, 2014.
What Happens When Western Teenage Girls Join Jihad

By IBTimes AU (No Google news)

Teenage jihadi aspirants from Austria, U.S. and France have been identified. (Sep 18)

MORE TOPICS: IRAQ, FBI

U.S. President Barack Obama Speaks At A Meeting
Obama Declares War against Islamic State, Authorises Airstrikes in Iraq & Syria

By IBTimes AU

U.S. President Barack Obama vowed to wipe out the Islamic militants with the help of the international community. (Sep 11)

MORE TOPICS: AL JAZEERA, BARACK OBAMA, AFGHANISTAN, IRAQ, CONGRESS