The document provides a historical timeline and economic data about Somalia. It outlines that Somalia had prosperous port cities trading with Arab traders from 700-1000 AD and was colonized by Britain and Italy between 1887-1960. After independence in 1960, Somalia functioned as a democracy until a coup in 1969 brought Siad Barre to power. Anarchy has persisted since his regime fell in 1991. It also shares statistics on Somalia's population, exports, imports and debt. Piracy off Somalia's coast is discussed as a key issue along with next steps for the country.