Report: DOJ opens criminal investigation into the Alaska Airlines 737 plane blowout
SEATTLE, Washington (AP) — The Department of Justice has launched a criminal investigation into the Boeing jetliner blowout that left a gaping hole on an Alaska Airlines plane this January, the Wall Street Journal reported on Saturday. The Boeing plane used by Alaska Airlines suffered the blowout seven minutes after takeoff from Portland, Oregon, forcing the pilots to make an emergency landing. RELATED | Alaska Airlines 737 window blows out 3 miles over Portland“In an event like this, it’s normal for the DOJ to be conducting an investigation,” Alaska Airlines said in a prepared statement. Boeing has acknowledged in a letter to Congress that it cannot find records for work done on the door panel of the Alaska Airlines plane. The company said its “working hypothesis” was that the records about the panel’s removal and reinstallation on the 737 MAX final assembly line in Renton, Washington, were never created, even though Boeing’s systems required it.
Source:Ethiopian News
March 09, 2024 23:01 UTC
Criminal probe opened into Alaska Airlines 737 plane blowout – report
The Boeing plane used by Alaska Airlines suffered the blowout seven minutes after take-off from Portland, Oregon, forcing the pilots to make an emergency landing. Boeing has been under increased scrutiny since the incident, when a panel that plugged a space left for an extra emergency door blew off a Max 9 jet. Alaska Airlines said in a prepared statement: “In an event like this, it’s normal for the DoJ to be conducting an investigation. Boeing has acknowledged in a letter to US congress that it cannot find records for work done on the door panel of the Alaska Airlines plane. “Without that information, that raises concerns about quality assurance, quality management, safety management systems” at Boeing.
Source:Ethiopian News
March 09, 2024 22:50 UTC
Ethiopian Airlines to Expand Widebody Fleet with Up to 20 Boeing 777X Jets
Boeing and Ethiopian Airlines announced an agreement for the East African airline to purchase eight 777-9 passenger airplanes and the potential for up to 12 additional jets. Ethiopian Airlines’ selection of 777-9 jets positions the carrier as the first 777X customer in Africa and builds on its landmark 2023 order for 11 787 Dreamliner and 20 737 MAX airplanes to modernize and grow its fleet. Improving our operational performance and commitment to environmental sustainability, the 777-9 offers more flexibility, reduced fuel consumption and carbon emissions,” said Ethiopian Airlines Group CEO Mr. Mesfin Tasew. The 777-9 will support Ethiopian Airlines’ plans to grow and renew its fleet in size, range and passenger and cargo capacity to reach high-demand markets in Africa, Asia, Europe and North America. Ethiopian Airlines and Boeing continue to explore opportunities to further develop the country’s aerospace industry, including support for Ethiopian Airlines’ MRO capabilities, industrial development, training capabilities at the Ethiopian Aviation University and STEM education, as well as equipping the Ethiopian Museum of Science with aerospace exhibits.
Source:Ethiopian News
March 09, 2024 22:11 UTC
Stocks to stay upbeat as PM Sharif gears up for fresh IMF loan
Foreign buying continued during this week, clocking in at $6.3 million compared to a net buy of $10.4 million last week. Scrip-wise positive contributors were DAWH (175 points), OGDC (164 points), PPL (89 points), HUBC (62 points) and NRL (46 points). The sectors which mainly contributed negatively were commercial banks (210 points), chemicals (23.11 points), and tobacco (18 points). Scrip-wise negative contributions came from MEBL (93 points), FFC (65 points), HBL (47 points), BAHL (44 points), and ENGRO (42 points). In addition to this, SBP reserves fell by $54 million week-on-week, reaching $7.9 billion.
Source:Ethiopian News
March 09, 2024 21:16 UTC
LIVESTREAMING: All Africa Games Ghana vs Ethiopia (Women's football)
Sports News of Saturday, 9 March 2024Source: www.ghanaweb.comThe Black Princesses of Ghana are facing their Ethiopian counterparts in the women's football tournament of the ongoing All African Games. The match being played at the Cape Coast Stadium is part of the All African Games, which kicked off on March 8, 2024, and will end on March 23, 2024. Watch the match below:
Source:Ethiopian News
March 09, 2024 20:27 UTC
Abba Bahrey Forum Urges IMF to Halt Funding to Ethiopian Government: Appeal Highlights Concerns
BorkenaAbba Bahrey Forum, an Ethiopian Civic Organization based in the United States, is appealing to the IMF to reconsider plans to continue funding the Ethiopian government. There has been an ongoing conversation between Abiy Ahmed’s administration and the IMF for a long time now. According to a U.S.-based ethnic Amhara civic association, there were at least 32 drone strikes over a span of seven months. The appeal letter from the Abba Bahrey Forum is featured below. Yours sincerely,Abba Bahrey Forum (ABF)www.abbabahrey.orgUnited States of America__Join our Telegram Channel : t.me/borkenaLike borkena on FacebookBusiness Listing/Business DirectoryJoin the conversation.
Source:Ethiopian News
March 09, 2024 17:55 UTC
Ethiopia considers withdrawing MoU with Somaliland
Ethiopia considers withdrawing MoU with SomalilandADDIS ABABA - The Government of Ethiopia is considering the possible withdrawal of the Memorandum of Understanding (MoU) with Somaliland, credible reports indicate, which could be informed by growing pressure from members of the international community. Ethiopia has been under pressure to withdraw from the agreement, with many international partners referring as blatant aggression on Somalia’s sovereignty and territorial integrity. Somalia has since asked the United Nations to take action against Ethiopia. Ruto also hosted Somalia President Hassan Sheikh Mohamud. Ethiopian officials privately told foreign officials that the country may be willing to drop its recognition of Somaliland, according to five foreign officials who were briefed on Addis Ababa’s stance.
Source:Ethiopian News
March 09, 2024 15:28 UTC
Agriculture, remittances recovery to boost Somalia’s economy – New Business Ethiopia
Supported by continued recovery in agriculture, remittances, and investment, Somalia economic growth in 2024 is expected to improve by around one percent compared to the previous year, according to the International Monetary Fund (IMF). Remittance inflows are expected to improve in the context of moderating global inflation and an upgrade of the global growth outlook. Near-term risks include climate shocks, security risks in Somalia and the region, and lower global growth,” IMF said. During the meeting, the IMF team has reached a staff-level agreement on the first review under the Extended Credit Facility (ECF) arrangement. Board approval would enable access to SDR 7.5 million (about $10 million), bringing total disbursements under the arrangement to about $50 million,” said Ms. Jaramillo, in the statement.
Source:News Business Ethiopia
March 09, 2024 10:25 UTC
Gold prices rise Rs450 per tola
— AFP/FileKARACHI: Gold prices increased by Rs450 per tola on Friday in the local market following an increase in the international market. The All Sindh Saraf Jewellers Association stated that gold rates reached Rs228,600 per tola. Gold rates increased by $6 to $2,180 per ounce in the international market. Silver rates remained unchanged at Rs2,600 per tola. Prices in the local market are adjusted by a premium of $20 against rates in the international market.
Source:Ethiopian News
March 09, 2024 06:12 UTC
Ethiopian Airlines marks Int'l Women's Day with all-women-functioned flight
ADDIS ABABA, March 8 (Xinhua) -- Ethiopian Airlines on Friday operated an all-women-functioned flight from the Ethiopian capital of Addis Ababa to London, the United Kingdom, to mark International Women's Day. In connection with International Women's Day, which fell on Friday, the Ethiopian flag carrier held a special ceremony honoring women's contribution to the aviation industry, featuring the all-women-crew flight. Mesfin Tasew, chief executive officer (CEO) of the Ethiopian Airlines Group, acknowledged the "invaluable role" of women in driving the success of Ethiopian Airlines. The captain of the all-women-functioned flight, Kalkidan Girma, underscored the crucial need to promote gender equality within the aviation industry. "This all-women-functioned flight initiative not only empowers women but also sends a powerful message about gender equality.
Source:Ethiopian News
March 09, 2024 06:08 UTC
PSX launches new Islamic index
Stock brokers watch share prices during a trading session at the Pakistan Stock Exchange (PSX) in the Provincial Capital on February 13, 2024. — OnlineKARACHI: The Pakistan Stock Exchange (PSX) has launched a new Islamic equity index, the Mahaana Islamic Index (MII30), which tracks the performance of the top 30 Shariah-compliant companies in the country, the exchange said on Friday. The index, which will go live on Monday, has a base value of 10,000 points and is based on the free float market capitalization of the companies selected from the KMI All share index. The Index will measure the performance of the top 30 Shariah-compliant companies based on the free float market capitalization, having at least an average daily value traded of Rs10 million in the last 12 months.
Source:Ethiopian News
March 09, 2024 01:36 UTC
Cyber threats to women grow with technology
SocGholish malware was also detected among web threats on women’s community sites. As we celebrate International Women’s Day, we need to recognize the importance of safeguarding our online presence. It’s essential for women, who often face heightened risks online, to exercise caution when installing software or sharing personal information. In Pakistan, it’s essential for women to educate themselves about online safety measures, being cautious about sharing personal information, and being aware of common scams. Empowering women with digital literacy is paramount in mitigating cyber risks,creating a safer and more inclusive digital environment for all.”
Source:Ethiopian News
March 09, 2024 00:20 UTC
WHO identifies priorities in Ethiopia amid "ever-increasing needs, decreased funding"
ADDIS ABABA, March 8 (Xinhua) -- The World Health Organization (WHO) has identified its priorities for Ethiopia during 2024 and 2025 amid "ever-increasing needs and decreased funding." It said food insecurity due to lost harvest and livestock is aggravating already high malnutrition rates, negatively impacting morbidity and mortality. The WHO said in an environment with "ever-increasing needs and decreased funding," it has identified priorities for 2024 and 2025, which include strengthening advocacy for longer-term development funding to address root causes of recurrent disease outbreaks, while also advocating for increased access to quality health services. As part of its priority of advocating for increased access to quality health services, the WHO said it will focus on sexual and reproductive health services, the inclusion of people with disabilities, older people, and people living with HIV, as well as addressing remote populations through the inclusion of mobile health teams. The WHO said it is closely collaborating with the Ethiopian Ministry of Health to prepare for, prevent, and respond to public health emergencies by mobilizing resources to enable health partners to provide life-saving health services to vulnerable populations.
Source:Ethiopian News
March 08, 2024 21:13 UTC
Reflecting on the Legacy of Brian Mulroney, Canada’s 18th Prime Minister
As Canada’s 18th prime minister, Mulroney was a figure who earned both admiration and criticism, leading the country through a tumultuous time with a bold vision that left an indelible mark on the nation’s history. His time as prime minister wascharacterized by a willingness to tackle challenging issues. One of Mulroney’s most notable accomplishments was signing the Canada–United States Free Trade Agreement (CUSFTA) and later the North American Free Trade Agreement (NAFTA). Brian Mulroney once remarked, “If your only objective is to be popular, you’re going to be popular, but you will be known as the Prime Minister who achieved nothing.” Despite losing political popularity and the 1993 election, Mulroney accomplished much during his tenure as Prime Minister. He was a prime minister who dared to dream big and take risks, for better or worse.
Source:Ethiopian News
March 08, 2024 21:01 UTC