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Somalia Focus

One after another, the Somali National security and Intelligence Agency (NISA) raided the premises of Universal TV in Mogadishu following the detention of two journalists from the London-based Somali language television.  Somali’s attorney general gave NISA 21 working days to investigate allegations against the journalists, however a pressure from media groups and political...

SOFO NEWS In what described as a massive political contest in central regions of Somalia, the former academic and government officer Abdikarim Guled was given 49 votes and wins the election. As the contest moved into the third round his rival Ahmed Moallim Fiqi, former director of Somalis intelligence Agency received 40. Clan leaders and representatives chose three finalists...

Nairobi, 14 May 2015 -The African Union Mission in Somalia (AMISOM) and partners have today concluded a consultative meeting aimed at reviewing the AMISOM Civil-Military (CIMIC) structures and strategizing on improved coordination with humanitarian actors in Somalia. The three-day meeting follows the adoption of the Somalia Country Specific Humanitarian Guidelines by AMISOM...

A unique life allowed Clarival do Prado Valladares (1918-1983) to leave an important legacy for Brazil’s artistic and architectural heritage. Even though he was educated and worked as a physician, this native of Bahia became notorious for the projects he developed as an art researcher and critic. Clarival do Prado Valladares’ merit came from his capacity to combine...

Chain store executive, pioneer in profit sharing, and philanthropist, J (ames) C (ash) Penney (1875-1971) built a corporate empire following business precepts based on the Golden Rule. The seventh of 12 children, only six of whom grew to maturity, J. C. Penney was born on September 16, 1875, on his father’s farm near Hamilton, Missouri. His father, the Reverend...

La Quinta Inn is a chain of limited service hotels in the United States, Canada and Mexico. LQ Management LLC, the owner, has its headquarters in the Las Colinas area of Irving, Texas, near Dallas. All properties are owned or franchised by the company’s subsidiary La Quinta Properties, Inc., a real estate investment trust (REIT), which leases the properties...

Texas and Pacific Railway Company,  Texas railroad merged into the Missouri Pacific in 1976. Chartered in 1871, it absorbed several other Texas railroads and extended service to El Paso in the west and New Orleans, La., in the east. Under Thomas A. Scott, who was simultaneously president of the Pennsylvania Railroad, the line attempted to build to New Mexico and...

Wall Street, street, in the southern section of the borough of Manhattan in New York City, which has been the location of some of the chief financial institutions of the United States. The street is narrow and short and extends only about seven blocks from Broadway to the East River. It was named for an earthen wall built by Dutch settlers in 1653 to repel an expected...

WASHINGTON – Goldman Sachs, Lehman Brothers, and European banks RBS and UBS were the biggest beneficiaries of very short-term Federal Reserve loans extended at the height of the financial crisis, according to data released on Wednesday. The details of the lending program were disclosed after a lengthy legal battle eventually won by Bloomberg News LLP. The data,...

NEW YORK (Jonathan Stempel) – A group of bondholders plans to challenge Bank of America Corp’s $8.5 billion settlement with holders in soured mortgage-backed securities, saying it may be unfair to other bond investors. In court papers filed on Tuesday in New York State Supreme Court in Manhattan, 11 companies sharing the name Walnut Place said they had “serious...