Bloomberg The head of Somalia’s oil-rich Puntland, Said Abdullahi Deni, announced that he’s running for Somalia’s 2022 presidency, following a meeting with new members of parliament elected from that region. The leader, who is a critic of incumbent president Mohamed Abdullahi Mohamed, made the announcement in Garowe, the state’s regional capital in a televised speech. “I’m running for Somalia’s ...

  Bloomberg Australia is stepping up military and humanitarian aid for Ukraine to assist in its war against Russia. Prime Minister Scott Morrison’s government will offer an additional $15.6 million of military support for Ukraine, including unspecified material from the Australian Defence Force’s stocks. It’s also pledging another A$30 million in humanitarian assistance as well as at least 70,000 tonnes ...

  Bloomberg Swiss banks may hold more than $200 billion of Russian wealth, the country’s banking lobby estimates, as sanctions shine a spotlight on the extent of Russian wealth stored in overseas vaults. Banks probably hold between 150 billion ($160 billion) and 200 billion Swiss francs of Russian client money in offshore accounts, according to the Swiss Bankers Association. Credit ...