“Turkiye’s recent strategic moves aim to bolster Somalia’s military, promote stability, and protect its interests through security, economic, and humanitarian efforts,” he added. Earlier this month, Somalia’s Defense Minister Abdulkadir Mohamed Nur signed the framework agreement in Ankara that mandated Turkiye to protect Somalia’s territorial waters. For Rashid Abdi, chief analyst at Sahan Research, a Nairobi-based think tank, the deal gives Turkiye huge leverage to reshape Somalia and the Horn of Africa. It is therefore uncertain how Ankara will balance the competing demands of its two Horn allies — Ethiopia and Somalia. Despite acknowledging the strategic significance of the deal, experts caution that its implementation demands substantial investment and logistical capabilities from Turkiye.
Source:Ethiopian News
February 23, 2024 14:28 UTC
Transcript of IMF Press BriefingMS. KOZACK: Good morning and welcome to this press briefing of the IMF, both for those of you here in person and those joining us online line, I am Julie Kozack, Director of the Communications Department. And what implication do you see on the implementation of the current IMF program as well as the monetary policy and FDI? The IMF program has been very consistent about the shillings depreciation to act as a shock absorber in the context of global shocks. So does he have any meetings here with IMF authorities? Thank you all and I look forward to seeing you at the next press briefing.
Source:Ethiopian News
February 23, 2024 14:20 UTC
(Reuters) - An airstrike in Ethiopia's Amhara region killed at least 15 civilians, including children and elderly people, when it hit a truck carrying them to a village this week, three residents said. The strike took place on Monday around 24 km (15 miles) from where Ethiopian troops were fighting militiamen, according to the residents who asked not to be named for fear of reprisals. Spokespeople for Ethiopia's government and military and for Prime Minister Abiy Ahmed's office did not respond to requests for comment. The strike on Monday hit a large Isuzu truck carrying several dozen people in Amhara's North Shewa Zone, the three residents said. The Ethiopian military has used drones extensively during the fighting, according to the state-appointed Ethiopian Human Rights Commission (EHRC).
Source:Ethiopian News
February 23, 2024 14:07 UTC
(Reuters) - An airstrike in Ethiopia's Amhara region killed at least 15 civilians, including children and elderly people, when it hit a truck carrying them to a village this week, three residents said. The strike took place on Monday around 24 km (15 miles) from where Ethiopian troops were fighting militiamen, according to the residents who asked not to be named for fear of reprisals. Spokespeople for Ethiopia's government and military and for Prime Minister Abiy Ahmed's office did not respond to requests for comment. The Ethiopian military has used drones extensively during the fighting, according to the state-appointed Ethiopian Human Rights Commission (EHRC). The government has said the military's actions in Amhara are aimed at ensuring law and order and the rights of citizens.
Source:Ethiopian News
February 23, 2024 14:05 UTC
Turkiye has also been training Somalia’s soldiers for a few years in a bid to help the country develop its army. “Turkiye’s recent strategic moves aim to bolster Somalia’s military, promote stability, and protect its interests through security, economic, and humanitarian efforts,” he added. Earlier this month, Somalia’s Defense Minister Abdulkadir Mohamed Nur signed the framework agreement in Ankara that mandated Turkiye to protect Somalia’s territorial waters. “Turkish navy will help rebuild Somali navy and will deploy ships to patrol its maritime Economic Protection Zone. It is therefore uncertain how Ankara will balance the competing demands of its two Horn allies — Ethiopia and Somalia.
Source:Ethiopian News
February 23, 2024 13:30 UTC
The Koree Nageenyaa took the lead, the five officials said.The violence in Oromiya has displaced hundreds of thousands of people. The others, including two people who have attended meetings of the Koree Nageenyaa, spoke on condition of anonymity.The people familiar with Koree Nageenyaa's activities attributed dozens of killings to the committee's orders and hundreds of arrests . In an interview, Bekele confirmed the existence of the Koree Nageenyaa. Reuters couldn't independently verify this.The security committee is little known beyond a tight official circle. Like Ararsa, Awalu is a member of the Koree Nageenyaa, according to five sources.
Source:Ethiopian News
February 23, 2024 12:46 UTC
"If Ethiopia insists, Somalia will resist and will refuse," Mohamud told Reuters on Tuesday in an interview at the heavily fortified presidential palace in Mogadishu. Analysts and diplomats fear a withdrawal of Ethiopian troops would further destabilise Somalia, where al Shabaab attacks have killed thousands of civilians and soldiers since 2006. Somalia and several Western countries, including the United States, which regularly carries out strikes against militants in Somalia, have said Ethiopia's port deal has boosted al Shabaab's recruitment efforts. Ethiopian troops invaded Somalia in late 2006 to oust an Islamist movement from which al Shabaab originated. Mohamud said his government's estimates showed al Shabaab had recruited between 6,000 and 8,000 new fighters in January alone.
Source:Ethiopian News
February 23, 2024 12:14 UTC
New York — Ethiopia's envoy to the United Nations issued a statement saying that the government of Abiy Ahmed regrets "Somalia's accusations and the report it submitted to the United Nations Security Council on the 19th of this month." Ambassador Tesfaye Yilma Sabo pointed out that Ethiopia is sorry for the statements made by Somalia's ambassador to the United Nations, Abukar Baalle, in a special meeting held a few days ago by the Security Council on the situation in Somalia. The report submitted by Somalia was about Ethiopia's violations against Somalia's independence and Ethiopia's military intervention on the borders of the two countries. He said that Ethiopia has contributed to the peace and security of Somalia," with Ethiopian soldiers who lost their blood fighting against Al-Shabaab. Catriona Laing, the Special Envoy of the Secretary General of the United Nations for Somalia, told the members of the Security Council that the African Union meeting held recently in Addis Ababa failed to calm the tension between Ethiopia and Somalia which was "disappointing".
Source:Ethiopian News
February 23, 2024 11:00 UTC
"If Ethiopia insists, Somalia will resist and will refuse," Mohamud told Reuters on Tuesday in an interview at the heavily fortified presidential palace in Mogadishu. Analysts and diplomats fear a withdrawal of Ethiopian troops would further destabilise Somalia, where al Shabaab attacks have killed thousands of civilians and soldiers since 2006. Somalia and several Western countries, including the United States, which regularly carries out strikes against militants in Somalia, have said Ethiopia's port deal has boosted al Shabaab's recruitment efforts. Ethiopian troops invaded Somalia in late 2006 to oust an Islamist movement from which al Shabaab originated. Mohamud said his government's estimates showed al Shabaab had recruited between 6,000 and 8,000 new fighters in January alone.
Source:Ethiopian News
February 23, 2024 10:43 UTC
Helena McLeod, Deputy Director General of the Global Green Growth Institute (GGGI), met with Ethiopian State Minister of Planning and Development Seyum Mekonnen in the Ethiopian capital Addis Ababa. The Ethiopian representative outlined the government's current climate change actions and identified key priority areas for investment by development partners. The GIZD representative and the minister held talks on ways to strengthen strategic partnership in addressing climate change. Helena McLeod, Deputy Director General of the Global Green Growth Institute, for her part, praised Ethiopia's readiness to tackle climate change and outlined ways in which GGGI can support the state. The Global Green Growth Institute is an intergovernmental organisation that promotes balancing economic growth with environmental sustainability and provides technical support, research opportunities for many countries around the world.
Source:Ethiopian News
February 23, 2024 10:06 UTC
In a significant regulatory action, Booking.com faces a substantial $530 million fine imposed by Spanish authorities, according to an announcement from Booking Holdings. • Net income was $222 million, a decrease of 82% from the prior-year quarter. • Net income per diluted common share was $6.28, a decrease of 80% from the prior-year quarter. • Non-GAAP net income was $1.1 billion, an increase of 18% from the prior-year quarter. • Non-GAAP net income per diluted common share was $32.00, an increase of 29% from the prior-year quarter.
Source:Ethiopian News
February 23, 2024 08:36 UTC
The tabot – a blackened flat piece of wood featuring a carved inscription that symbolically represents the Ark of the Covenant and the Ten Commandments – has been at the Abbey since British forces returned with it from the Battle of Maqdala, where it was looted in 1868. The move by Westminster Abbey will put pressure on the British Museum, which has 11 tabots in its collection that are not on display and are available to be visited by Ethiopian Orthodox priests. There have been successful returns of tabots held in British institutions. One was sent back to Ethiopia soon after it was discovered in a church cupboard in Edinburgh 23 years ago. When the artefact landed back in the country, which has been petitioning for the return of its tabots for decades, a public holiday was declared and thousands of people lined the streets of Addis Ababa to witness its return.
Source:Ethiopian News
February 23, 2024 08:35 UTC
With its first SpaceBalloon finished and its launch vessel, Marine Spaceport Voyager, in its final stage of preparation, Space Perspective is beginning to eye its test flights window. SPACE COAST, FLA. – Space Perspective, the world’s first carbon-neutral spaceflight experience company, released images of its completed test capsule. Development & ManufacturingUniquely, Space Perspective is vertically integrated with in-house capsule design, manufacturing, testing and operational functions. The Pale Blue Dot is a beacon for the Space Perspective mission and brand – an image that reminds us to act more kindly toward the planet and each other. Mercedes-Maybach Partnership | OREO Space Dunk PartnershipSpace Perspective is on a mission to bring more humans to space than ever before.
Source:Ethiopian News
February 23, 2024 06:27 UTC
Reading Time: < 1 minuteThree motorists have been arrested for driving at over 190 kilometers per hour in a 120 kilometers per hour zone. Gauteng Traffic Police nabbed the three during a speed law enforcement operation on the N4 freeway last night. Gauteng Traffic Police spokesperson Sello Maremane says officers will not tolerate reckless, and negligent behaviour on the road. Excessive speeding poses a danger to all road users and increases the likelihood for motorists to be involved in a collision with another car or maybe a pedestrian. Those who are found in violation of the rules of the road will be persecuted.”
Source:Ethiopian News
February 23, 2024 00:09 UTC
In return, Turkey will receive 30 percent of revenues from Somalia’s exclusive economic zone as payment for its maritime security services. The deal could increase Turkey’s over-sized influence in Somalia and the Horn of Africa. On January 2, Somalia suspended diplomatic ties with Ethiopia after Addis Ababa signed an agreement with the secessionist Somaliland region in Somalia to have access to the Red Sea. Osman observed that the commitment to building Somalia’s naval capabilities is a forward-thinking approach to ensuring the long-term security and safety of international maritime routes. “This aspect of the treaty not only benefits Somalia but also provides security assurances to global trade stakeholders reliant on these waterways,” he noted.
Source:Ethiopian News
February 22, 2024 22:38 UTC