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MOGADISHU Mike McGlinchey Youth Jersey , Aug. 13 (Xinhua) -- Former Al-Shabaab deputy leader Mukhtar Robow defected to the Somalia security forces following a bitter fight with militants in Abal location.

Officials said Robow who is from the large Rahanweyn clan, which dominates many of Somalia's most fertile areas, arrived in government controlled town of Hudur town in Somalia' southwest State forces on Sunday.

Minister of Internal Security for Southwest State, Hassan Hussein Mohamed confirmed to Xinhua that the group's former leader, Robow is with them at moment.

"Al-Shabaab militants wanted to kill Robow but we gave him military help and repulsed the Al-Shabaab fighters. Robow is now in Hudur town with southwest State officials," Mohamed said.

Robow's surrender comes after weeks of deadly fighting between Al-Shabaab militants and his militia backed by Somalia security forces.

He left the militant group in 2013 and retreated to his homeland over disagreement on using foreign fighters in the group.

Robow was before his disagreement with the group declared wanted terrorist by the United States in June 2012 with a five million U.S. dollars bounty placed on his head.

He defected from Al-Shabaab in 2013 when he was deputy leader in 2012. The U.S. State Department announced in June quietly removed him from their list of sponsors of terror after five years.

Robow who is also known as Abu Mansour is intelligent and was a main pillar of the Somali militant Islamist group.

Analysts say his defection will deny Al-Shabaab vital manpower and intelligence. It is a big blow that Al-Shabaab will certainly lose all South of Somalia due to Robow's influence there besides the tight noose by Kenya Defense Forces.

Robow's defection will likely enable pro-government forces to operate in the regions of Bay and Bakool, reducing the insurgents' operational territory in two.

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NEW YORK, Aug. 11 (Xinhua) -- U.S. stocks closed slightly higher on Friday as investors were digesting the latest inflation data.

The Dow Jones Industrial Average added 14.31 points, or 0.07 percent, to 21,858.32. The S&P 500 gained 3.11 points, or 0.13 percent, to 2,441.32. The Nasdaq Composite Index was up 39.68 points, or 0.64 percent, to 6,256.56.

The Consumer Price Index for All Urban Consumers rose 0.1 percent in July on a seasonally adjusted basis, the U.S. Labor Department reported Friday, lower than market consensus of a 0.2-percent gain. Over the last 12 months, the all items index rose 1.7 percent.

The soft inflation data raised market expectation for the Federal Reserve to hold lower interest rates longer this year.

Just 38 percent of investors expected the central bank to rates again at the end of the year, down from about 45 percent, according to the latest CME Group's FedWatch tool.

In corporate news, U.S. social media company Snap posted a larger-than-expected loss and smaller-than-expected revenue, sending the stock down more than 10 percent.

Moreover, gains of the stocks were muted on Friday as tension between the United States and the Democratic People's Republic of Korea (DPRK) persisted.

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DUBAI, Jan. 7 (Xinhua) -- Gulf Arabian stock market indexes lost across the board Thursday after the Chinese currency yuan hit a five-year low and the oil price touched an 11-year low.

The Saudi Arabian stock market index Tadawul All-Share plummeted 4.49 percent, finishing at 6,225.22 points amid an advance-decline ratio of four to 162.

The oil price rebound on Saudi-Iranian tensions at the beginning of the week were short-lived with the barrel (159 liter) oil losing 3.2 percent earlier in the day, touching an 11-year low at around 32 dollars (Brent).

Due to the oil price slump, the IMF predicts that the Saudi GDP growth rate would decline to 2.2 percent in 2016, down from 3.4 percent last year.

Before Arab markets opened on Thursday, the yuan's central parity rate lost 332 basis points to 6.5646 against the U.S. dollar, the lowest level since March 18, 2011, according to data from the China Foreign Exchange Trading System (CFETS).

Trading on the stock markets in Shanghai and Shenzhen was suspended early after market indexes dived by over seven percent. Stock gauges in the rest of the East Asia and Europe closed in red, too.

In Dubai, the FTSE NASDAQ Dubai UAE 20 Index closed 4.22 percent lower at 2,870.89. The benchmark index measures the performance of United Arab Emirates (UAE) blue chips traded on the Nasdaq Dubai, the local Dubai bourse DFM and the Abu Dhabi-based ADX.

Financial were hit hard in particular. Emirates NBD, the first lender in the UAE, lost 5.41 percent. The world's third largest port operator Dubai Ports World ended off 3.65 percent.

Earlier in the day, Emirates NBD said the UAE purchasing managers index fell from 54.5 in November to 53.3, marking the lowest reading since August 2012.

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