Newsaholic

  Wednesday, December 2, 2020.The Union of Somali Presidential Candidates has strongly condemned the decision of the Somali government expelled the Kenyan ambassador. A statement from the presidential candidates have expressed concern related the decision taken by the government and explained that it was not a diplomatic move. "Government is undermining Kenya-Somalia relations for election related campaigns” Candidates 'Union argued. The government has scared candidates' meetings in the Kenyan capital, Nairobi, and has taken diplomatic action by expelling Kenya's ambassador to Somalia and called Somalia's ambassador to Kenya as well. The move by Farmajo's government appears to be cowardly, linking the election to foreign policy, which has been criticized by academics, politicians and opposition leaders, who have warned against mixing the election campaign with foreign policy. Candidates say the government's decision to cut ties with Kenya is not in the ...

 Green bonds are the new thing to happen to world economy as the world is consistently and carefully moving towards sustainable climate solutions.  They are the new debt instrument to obtain financing for projects related to the climate or environment.  Egypt has become the first country in the MENA region to go ahead with offering first-ever green sovereign bonds. This is its contribution towards successful implementation of renewable energy projects to combat pollution.  Through Green bonds, companies will be able to use them as debt instruments to obtain financing for projects related to the climate or environment. This has been confirmed by Egypt’s Finance Ministry. Currently, the state used Credit Agricole, CIB and HSBC Holding banks are being roped in as structural advisors. Citigroup, Credit Agricole, Deutsche and HSBC banks have been hired as joint managers for the offering. According to Finance Minister Mohamed Maait, these green bonds are expected to incre...