Brazil

A high-stakes diplomatic game over access to the Red Sea reached its climax as Ethiopia abandoned its controversial port agreement with Somaliland.Turkish President Erdogan brokered the deal between Ethiopia and Somalia on December 11, 2024, after seven hours of intense negotiations in Ankara.The story began when Ethiopia, desperate for sea access after losing its coastline to Eritrea in 1993, struck a deal with Somaliland.
This agreement was made in January 2024.The agreement offered Ethiopia a 20-kilometer stretch of coastline for a naval base.
In exchange, Ethiopia would recognize Somalilands independence from Somalia.Somalia rejected this deal outright.
The government in Mogadishu saw it as a direct threat to its territory.
Ethiopias Prime Minister Abiy Ahmed wanted sea access for his nation of 100 million people.Ethiopia Drops Red Sea Port Deal with Somaliland After Turkeys Mediation.
(Photo Internet reproduction)Somalias President Hassan Sheikh Mohamud needed to protect his countrys sovereignty.
Turkey stepped in as a dealmaker.
Erdogan convinced Ethiopia to drop its Somaliland agreement.Diplomatic BreakthroughBoth countries now agree to respect Somalias borders.
They will start technical talks by February 2025 to find a solution for Ethiopias sea access needs.
The deal reshapes power dynamics in the Horn of Africa.Ethiopia gains a chance for legitimate sea access through Somalia.
Somalia maintains its territorial integrity.
Turkey proves its diplomatic muscle in East Africa.
Only Somaliland loses out, seeing its independence dreams fade.Money talks in this deal.
Ethiopia needs sea access to boost its growing economy.
Somalia wants to protect its coastline resources.
Turkey strengthens its position as a key investor in both countries.Yet questions remain.
How will Somaliland react to being sidelined? Can Ethiopia and Somalia turn this agreement into real cooperation? Will other regional powers like Egypt and Eritrea accept this new balance?This diplomatic breakthrough matters beyond East Africa.
The Red Sea route carries billions in global trade.
Stability in the Horn of Africa affects maritime security, regional commerce, and international shipping lanes.
The next four months of technical talks will show if this deal can deliver lasting change.





Unlimited Portal Access + Monthly Magazine - 12 issues


Contribute US to Start Broadcasting - It's Voluntary!


ADVERTISE


Merchandise (Peace Series)

 


€100 Billion for Ukraine: EU’s Unmistakable Signal to Russia and Beyond


Gold Takes Center Stage as Central Banks Pull Back from the Dollar


Foreign Buyers Spent $56 Billion on U.S. Homes-- Locals Feel the Pressure


Chile’s Antofagasta Boosts Copper Output, Cuts Costs, and Eyes U.S. Comeback


[Brazil] - Income Gains Position Latin America as a Pillar in Future Food Supply


Debt Outpaces Growth in Colombia's Expanding 2026 Budget


Cuban Labor Minister Resigns After Denying Homelessness in the Country


Trump’s Top Economic Advisor Emerges as Frontrunner to Lead U.S. Fed


Israel Steps In to Shield Druze Minority in Syria's Rising Tensions


[Brazil] - The 'Third World War' Narrative: Why a Russian Thinker and NATO Are Talking Past One Another


Mounting Debt and Fading Foreign Interest Force Pemex to Court Domestic Investors


India Seeks Long-Term Critical Mineral Partnerships with Chile and Peru Amid Supply Risks


U.S. Regulators Set Clear Rules for Banks Holding Crypto


[Brazil] - U.S. Pauses Proposed 32% Tariff on Indonesian Goods Pending Energy Purchase Talks


[Brazil] - Tariffs from U.S. Could Cut Brazil's 2025 GDP by 0.4 Points, OPEC Says


How Vueling Overtook Iberia and What It Says About Spain’s Shifting Airline Market


[Brazil] - Chile Holds Lead, but Latin America's Competitiveness Race Tightens


[Brazil] - Brazil's Growth Slows in May as High Rates and Weak Exports Test Economic Strength


Brazil’s Congress and Industry Unite Against Trump’s Trade Ultimatum


Brazil’s Electric Car Imports Shrink as Tariffs Rise and China Tightens Its Grip


Brazil’s Air Travel Stuck as High Costs and Legal Troubles Keep Growth Grounded


Bolsonaro Says Amnesty Will Bring Economic Peace Amid U.S. Tariff Threat


Trump Frustrated with Brazil Trade Talks, Labels Policies a Security Threat


Economic Calendar: Key Market Events for the Week from July 14 to July 18, 2025


[Brazil] - Trump's 30% Tariffs on EU and Mexico Shake Up Global Trade


[Brazil] - Brazil's Amazon Forest Hit Hard in 2025, Nearly Twice New York City's Area Cleared


Grok 4: xAI's A.I. Sets New Standards and Raises the Stakes


In Between Ballots and Bullets: India's Illiberal Drift During Modi's Current Term


Caracol’s First King: A Tomb Reveals Ancient Maya Power and Trade


[Brazil] - São Paulo's $4 Billion Metro Expansion Faces High Hopes and Hard Questions


[Brazil] - Football Games for Saturday, July 12, 2025: Match Schedule and Live


The Deadlock of Global Governance: How China and Russia Are Reshaping International Institutions


Trade Tensions Spark Dollar Rally, Brazilian Real Faces Steep Decline


[Brazil] - Brazil's B3 Slides as U.S. Tariffs and Capital Flight Hit Confidence