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A milestone for Somalia

It will take over UN Security Council presidency

by Blitz India Media
January 5, 2026
in Tanzania
0
A milestone for Somalia
Blitz Bureau

NEW DELHI:SOMALIA is set to take over the rotating presidency of the United Nations Security Council in January 2026, a milestone that elevates its diplomatic standing and influence on global affairs.

During its monthlong presidency, Somalia will help set the council’s agenda, chair high-level meetings, and oversee discussions on critical global security issues, including peacekeeping operations, counterterrorism, regional stability, and humanitarian challenges, according to media reports.

Analysts say Mogadishu is likely to use the platform to spotlight African and Horn of Africa security concerns, promote peace initiatives, and push for stronger international cooperation, as the country continues efforts toward political stabilization, reconciliation and regional peacebuilding. Meanwhile, Mike Waltz, the U.S.

ambassador to the United Nations, said one of the major flaws of the UN is assigning senior international positions to countries facing internal security challenges. The Security Council has primary responsibility for the maintenance of international peace and security. It has 15 Members, and each Member has one vote. Under the Charter of the United Nations, all Member States are obligated to comply with Council decisions.

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News

Pathak returns as India names squad for Asian Champions Trophy

by Blitz India Media
October 13, 2026
0

New Delhi, 13 October: Hockey India on Tuesday announced the Indian men’s squad for the Asian Champions Trophy Punjab 2026,...

Read moreDetails
Electronics production grows seven-fold : MeitY

New Delhi, 13 October : India’s fintech sector raised $2.2 billion in the first nine months of 2026 (January 1, 2026–September 30, 2026), up 14 per cent from $1.9 billion in the same period a year earlier, a report said. The report from data intelligence platform Tracxn Technologies Limited said funding rounds dipped from 260 to 153, adding that the funding was concentrated in a smaller number of large late‑stage rounds, with five mega‑rounds of $100 million or more accounting for $1.1 billion or 48 per cent of total capital. The report said in the first nine months of 2026, digital lending and payments topped the category rankings, while Bengaluru accounts for over three-fifths of all capital raised. On the exit side, IPOs saw a 50 per cent uptick while overall acquisitions slowed. As many as 30 companies raised their first funding round, down 49 per cent from 59 in the previous year. Series A and later rounds totalled 77, down 31 per cent from 112. Late-stage funding (Series C+, PE, and pre-IPO) led the mix, rising 95 per cent to $1.5 billion in the first nine months of 2026 — up from $751 million during the same period in the previous year. This capital surge pushed late-stage investments to 67 per cent of total market funding, the report noted. Earlier stages experienced contractions in capital and deal counts. Early-stage funding fell 33 per cent to $668 million across 52 rounds, compared to $1 billion across 82 rounds in nine months of 2025. Seed funding fell 57 per cent to $73.8 million across 76 rounds, down from $173 million across 148 rounds. New unicorns crossed the billion-dollar threshold in an average of 7.1 years after their Series A funding. Moreover, the industry saw 3 IPOs in nine months of 2026, up 50 per cent from 2 in the previous year, alongside 11 acquisitions, down 45 per cent from 20.

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