Some of the lawyers argued that the Justice Department has treated Boeing lightly because the company is a major contractor to the U.S. government. Under this month's deal, Boeing would pay a fine of at least $243.6 million, invest $455 million in compliance and safety programs, and be placed on probation for three years. The Justice Department and Boeing would pick a monitor to oversee the company's compliance. The families' lawyers also argued that the size of the fine Boeing would pay was far too small. They further argued that the court, and not the Justice Department, should pick the monitor to oversee Boeing during its probation.

MobiFin is a Gold Sponsor at the Connected Banking Summit Ethiopia 2024. Learn how our next-gen digital banking solutions can help your bank succeed. ADDIS ABABA, ETHIOPIA, August 1, 2024 / EINPresswire.com / -- Digital innovation is the driving force propelling the Ethiopian banking industry forward. "We at MobiFin are excited to contribute to this growth story by sharing our vision for an AI-powered banking future at the Connected Banking Summit 2024. By working together, we can create a digital-first and resilient financial ecosystem that drives Ethiopia towards economic development.

Sifan, who was initially registered to compete in all four events, sent shockwaves through the sport when she attempted an unprecedented Tokyo treble three years ago. One of the toughest fighters on the track, Hassan fell during her opening 1,500 heat but came roaring back to advance and ultimately take bronze. Sifan, will begin her Olympic campaign with the 5,000 opening round on Friday and the final set for Monday. Kipyegon, the first woman to claim a 1,500-5,000 double at the worlds last year, will await Sifan in the 5,000 in Paris. In March this year she was fourth in the Tokyo Marathon, another of the world marathon majors.

PARIS — Attempting to defend her 5,000- and 10,000-meter titles at the Olympics isn't enough for Ethiopian-born Dutch runner Sifan Hassan. She also will push herself in the ultimate test of endurance, adding the marathon to her program at the Paris Games. "I can't tell you I'm going to get the gold medal in every event," Hassan said Wednesday. But now she can match Emil Zatopek's exploit from 1952, when the Czech runner swept the 5,000, 10,000 and the marathon at the Helsinki Games. When Hassan started winning multiple events earlier in her career, she learned about Zatopek and watched a film about him.

It was an immediate ban on the import of ICE cars. Tens of thousands of electric cars have been imported into Ethiopia in such a brief period. The initial decision to restrict the import of ICE cars was a very bold move by the Ethiopian government. Ethiopia has a population of 126 million people, but the total number of vehicles registered in Ethiopia is around 1.2 million. With the government reiterating its position and maintaining a ban on the imports of fully-built ICE vehicles, Ethiopia could become one of the fastest countries to transition to electric.

The daughter of immigrants from Ethiopia, Naomi Girma learned to play soccer when her father started a soccer club for Ethiopian kids in San Jose, Calif. Girma discusses the journey that led her to professional soccer and the Paris Olympics with NBC News' Steve Patterson. Watch the 2024 Paris Olympics on NBC and streaming on Peacock, July 26 - Aug 11.July 31, 2024

Governor Sindh, Kamran Khan Tessori (left) and Ambassador Extraordinary and Plenipotentiary of Ethiopia Jemal Beker Abdula (left) seen in this image. — Facebook @Ethiopia Embassy Islamabad/fileIslamabad:Governor Sindh, Kamran Khan Tessori on Wednesday visited the Ethiopian embassy to express condolence on demise of over 230 people in landslide incident, in Gofa Zone of the Southern part of Ethiopia. Upon arrival at the embassy, Special Envoy, Ambassador Extraordinary and Plenipotentiary of Ethiopia Jemal Beker Abdula, received the Governor Sindh. The Governor Sindh expressed solidarity with the government and people of Ethiopia over the tragic incident and sympathized with the bereaved families. Ambassador Jemal Beker expressed his commitment to work with the Government of Pakistan for addressing the climate change issues through joint initiatives under the Green Legacy Initiative.

Some of the lawyers argued that the Justice Department is treating Boeing lightly because the firm is a major contractor to the US government. Under this month’s deal, Boeing would pay a fine of at least 243.6 million dollars (£189m), invest 455 million dollars (£354m) in compliance and safety programmes, and be placed on probation for three years. The Justice Department and Boeing would pick a monitor to oversee the company’s compliance. District Judge Reed O’Connor in Fort Worth, Texas, can accept the agreement and the proposed sentence, or reject the deal, which likely would lead to new negotiations between Boeing and prosecutors. Relatives of many of the victims want Boeing to be put on trial.

Some of the lawyers argued that the Justice Department has treated Boeing lightly because the company is a major contractor to the U.S. government. Under this month's deal, Boeing would pay a fine of at least $243.6 million, invest $455 million in compliance and safety programs, and be placed on probation for three years. The Justice Department and Boeing would pick a monitor to oversee the company's compliance. The families' lawyers also argued that the size of the fine Boeing would pay was far too small. They further argued that the court, and not the Justice Department, should pick the monitor to oversee Boeing during its probation.

Ethiopia's Finance Minister expressed gratitude to the World Bank for its support, which is helping the country undertake ambitious reforms⁠Ethiopia has received US$1.5 billion from the World Bank to support its economic reforms. The Ethiopian Ministry of Finance said that this assistance is a testament to the strong relationship between Ethiopia and the World Bank. The World Bank is the largest source of development finance for Ethiopia. In the last five years, Ethiopia has received more than US$2 billion a year from the World Bank, half of which was in the form of grants. The agreements were signed between Ahmed Shide, the Minister of Finance of Ethiopia, and Maryam Salim, the World Bank Country Director for Ethiopia, representing the governments of Ethiopia and the World Bank, respectively.

The blended SAF will be made available via existing infrastructure, including the Colonial Pipeline. Neat sustainable aviation fuel is produced from a wide array of feedstocks, including agricultural wastes and used cooking oils. “It takes support across the full supply chain to grow the blended SAF market and meet the aviation industry’s objectives. By partnering with JetBlue and helping the airline purchase more blended SAF through JetBlue-issued SAF certificates, corporate partners can reduce their business travel emissions while encouraging the blended SAF market. With this new supply of blended SAF available at JFK, JetBlue calls on New York businesses to join the airline in bringing even more blended SAF to its hometown.

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Here is a quick look at some of the deadliest mega landslides across the world in the last three months. Monsoon season brings heavy rains to Nepal from June to September, leading to landslides in the Himalayan region. 4 5 PTIPapua New Guinea landslide: Death toll in thousands? Local officials and the government have differing estimates on the death toll, with some figures as high as 2,000. He stressed that while weather agencies can predict heavy rainfall, predicting landslides requires considering soil texture, soil moisture, and slope.

ShareEthiopia has secured a $3.4 billion loan from the IMF following the decision to float its currency. This move is part of broader reforms aimed at alleviating the country’s foreign currency shortages and attracting foreign investments. IMF’s approval follows extensive negotiations with Prime Minister Abiy Ahmed’s administration, which seeks to borrow over $10 billion from the IMF and World Bank to manage the country’s escalating debt. The Ethiopian economy has faced pressure from double-digit inflation and increasing debt repayments, with external debt exceeding $28 billion as of December 2023. The US, IMF, and World Bank withdrew their support during the war, further straining an economy already suffering from the impacts of the COVID-19 pandemic.

Robert “Kelly” Ortberg, a former CEO at aerospace manufacturer Rockwell Collins, will succeed David Calhoun as CEO and president effective Aug. 8, the company said. “There is much work to be done, and I’m looking forward to getting started,” Ortberg said in a statement issued by Boeing. Boeing announced its new CEO as it reported a loss of more than $1.4 billion on falling revenue during the second quarter. That would put him in closer contact with Boeing factories that produce several of its planes, notably the 737 Max. The reported loss of $1.44 billion for the second quarter compared with a loss of $149 million a year earlier.