After a long-pending election in the troubled Horn of Africa nation, Somali legislators have elected former leader Hassan Sheikh Mahmoud as the country's next president.
The New Development Bank issued a Chinese yuan 7 billion bond (about USD 1.04 billion) in the China Interbank Bond Market with a 3-year maturity period.
The government of India has contributed USD 800,000 to the United Nations(UN) as part of the initiative which aims to enhance public outreach of the organisation in Hindi.