US cancels $1.1bn of Somalia’s debt in ‘historic’ financial agreement

Commitment by Mogadishu’s largest single lender is latest in series of deals to forgive ‘unsustainable’ $4.5bn debt

Somalia has announced that more than $1.1bn (£860m) of outstanding loans will be cancelled by the US, a sum representing about a quarter of the country’s remaining debt.

The announcement is the latest in a series of agreements in which Somalia’s creditors have committed to forgiving its debt obligations.

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Iran’s currency falls to an all-time low as Trump clinches the US presidency – The Associated Press

  1. Iran’s currency falls to an all-time low as Trump clinches the US presidency  The Associated Press
  2. Iran’s big question about US election: Will Trump or Harris seek diplomacy?  Al Jazeera English
  3. Iranians Wonder if Trump Wins, Would Things Be Different This Time?  The New York Times
  4. Does Trump's win make bombing Iran's nuclear sites likely? - interview  The Jerusalem Post
  5. Iranians Fear Trump Comeback Will Bring Them More Pain  Barron's
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Iran’s currency tanks to all-time low as Trump clinches US presidency – The Times of Israel

  1. Iran’s currency tanks to all-time low as Trump clinches US presidency  The Times of Israel
  2. Iran’s currency falls to an all-time low as Trump clinches the US presidency  The Associated Press
  3. 2024 US Election Results Live Updates: Iran says US elections are an opportunity to review 'wrong approaches'  The Economic Times
  4. Donald Trumps! Iran’s “Worst Nightmare” Is Back In Power! Why Should Tehran Be Concerned?  EurAsian Times
  5. Iranians Wonder if Trump Wins, Would Things Be Different This Time?  The New York Times
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‘Time for patriots’: global far-right figures celebrate Trump’s win

Jair Bolsonaro, Javier Milei and Giorgia Meloni among those in Europe and the Americas paying tribute

Key members of the global far right have celebrated Donald Trump’s US election win, with tributes to the former president rolling in from Rio de Janeiro to Budapest.

The Hungarian prime minister, Viktor Orbán – who had vowed to toast a Trump win with “several bottles of champagne” – hailed what he called “a much-needed victory for the world!”

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What Trump’s win means for Ukraine, Middle East and China – BBC.com

  1. What Trump's win means for Ukraine, Middle East and China  BBC.com
  2. Trump’s second term will look nothing like his first  CNN
  3. With Trump returning to the presidency, everything from abortion to immigration is under threat | US elections 2024  The Guardian US
  4. What Trump’s win means for the world’s most pressing problems  The Washington Post
  5. World Reacts to Donald Trump’s Win in U.S. Presidential Election  The New York Times
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California voters approve measure making some shoplifting, drug offenses felonies – The Hill

  1. California voters approve measure making some shoplifting, drug offenses felonies  The Hill
  2. California deals criminal justice reform a punishing blow  POLITICO
  3. California Passes Proposition 36, Tough-on-Crime Measure Backed by Big Retailers  Bloomberg
  4. California propositions results: Voters reject rent control — again  San Francisco Chronicle
  5. California voters pass initiative to make some shoplifting and drug offenses felonies  The Associated Press
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Missile From Lebanon Hits Israel’s Main Airport – The Wall Street Journal

  1. Missile From Lebanon Hits Israel’s Main Airport  The Wall Street Journal
  2. Trump: ‘I’m not going to start wars, I’m going to stop wars’  The Times of Israel
  3. IDF Intercepts Rocket Fired From Lebanon After Sirens Sound in Tel Aviv Area  Haaretz
  4. Hit reported in central Israel, following Hezbollah rocket barrage  The Jerusalem Post
  5. Israel And Hamas War: Live Updates🔴November 6, 2024 | I24NEWS  i24NEWS
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Europe praises Trump’s victory amid wider fears of an impending economic nightmare – CNBC

  1. Europe praises Trump's victory amid wider fears of an impending economic nightmare  CNBC
  2. Trump’s in. Here’s what it means for Europe.  POLITICO Europe
  3. America’s European allies face challenging times, whoever wins the presidential election  The Associated Press
  4. Breakingviews: Europe is unprepared for the Trump storm  Reuters
  5. Europe could be a casualty as Donald Trump secures U.S. election victory, promising a new American ‘golden age’  Fortune
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German government’s fate to be decided in shadow of Trump win – POLITICO Europe

  1. German government’s fate to be decided in shadow of Trump win  POLITICO Europe
  2. Germany's quarrelsome government meets in last-minute effort to find solution for its ailing economy  The Associated Press
  3. Scholz Fights for Survival in Germany With Trump Set for Win  Bloomberg
  4. Germany's awkward coalition faces make-or-break moment  Reuters
  5. Germany's government is on the brink of collapse — here’s what could happen now  CNBC
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