UN General Assembly set to demand Gaza ceasefire
General Assembly resolutions are not binding but carry political weight and reflect global views on the war in the Gaza Strip, as health authorities in the Hamas-run Palestinian enclave say the death toll from Israel's offensive had passed 18,000. The assembly vote comes a day after 12 Security Council envoys visited the Egyptian side of the Rafah border crossing, the only place where limited humanitarian aid and fuel deliveries have crossed into Gaza. No country has a veto in the 193-member United Nations General Assembly set to vote on a Gaza truce. The length and intensity of Israel's operations in Gaza have left many UN members convinced that a ceasefire is essential," Gowan said. The draft General Assembly resolution to be voted on on Tuesday also demands the immediate and unconditional release of all hostages and that the warring parties comply with international law, specifically with regard to the protection of civilians.
Source:Ethiopian News
December 12, 2023 15:07 UTC
Ethiopian minister critical of PM held over 'coup plot'
Despite releasing thousands of political prisoners since coming to power in 2018, Abiy's government has since cracked down on dissent by arresting critics of wars it has waged against rebellions in several regions, human rights groups say.
Source:Ethiopian News
December 12, 2023 14:49 UTC
Ethiopian Eurobond Surges as Investors Await Bondholder Call
Bloomberg BusinessweekCarol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.
Source:Ethiopian News
December 12, 2023 14:45 UTC
Finland to reopen two Russia border crossings: PM
Finland's government says it will reopen two crossings on its long border with Russia later this week after closing all eight roads between the two countries in late November to prevent an influx of asylum seekers. "Without dismantling the restrictions, we cannot verify whether a change for the better is taking place. If the phenomenon continues, we will close these border crossing points," Prime Minister Petteri Orpo told a press conference.
Source:Ethiopian News
December 12, 2023 14:38 UTC
Ethiopia peace minister critical of PM Abiy held for suspected coup plot
NAIROBI (Reuters) -Ethiopia's state minister of peace has been fired and arrested on accusations he conspired with rebel groups to overthrow the government, state media reported on Tuesday. Last week Taye blamed the government for the failure of a second round of peace talks between Ethiopia and the rebel group Oromo Liberation Army (OLA), which took place in Tanzania last month. Taye was not available for comment and the family had not yet engaged a lawyer, his wife said. After he was sacked, Taye lashed out at Abiy calling the prime minister "a barbarian" who plays with "human blood". The conflict in Oromiya in recent years has killed hundreds of people and displaced tens of thousands in Ethiopia's most populous region.
Source:Ethiopian News
December 12, 2023 14:27 UTC
Tigist Assefa crowned ‘Athlete of the Year’
Ethiopian Tigist Assefa has been crowned as a ‘World Athlete of the Year’ by the international body governing international athletics. Tigist is one of six athletes to receive the honor, along with Kenya’s Faith Kipyegon. The 27-year-old Tigist shattered the world record by an astounding two minutes and 14 seconds, marking the most significant improvement on the record in four decades. To put this achievement in perspective, only seven women throughout the year managed to surpass this time in a standalone half marathon. World Athletics, formerly the International Association of Athletics Federations, has been the international governing body for athletics since 1912.
Source:Ethiopian News
December 12, 2023 13:29 UTC
Ethiopia To Default on Bond Payment
Ethiopia is set to join Zambia, Sri Lanka, and Ghana on the debt chopping block following the announcement that it can’t pay a $33 million bond coupon due on Monday. The country will officially be in default once a 14-day grace period elapses. The Finance Ministry said it will convene a meeting with bondholders on Thursday. This follows the collapse of earlier talks with bondholders over how to extend the maturity and repayments of a $1 billion bond maturing in December 2024.
Source:Ethiopian News
December 12, 2023 12:45 UTC
Ethiopian airlines Dhaka-Addis Ababa flight from Mar 8
Ethiopian airlines Dhaka-Addis Ababa flight from Mar 8Ethiopian Airlines has decided to commence flights between Addis Ababa and Dhaka from March 8 next year as Bangladesh and Ethiopia, known as the African aviation hub, signed an air service agreement (ASA) last week to establish a direct air link. "The Airline has chosen March 8, the International Women's Day, to commence the Addis Ababa-Dhaka-Addis Ababa direct flight. — BSS PhotoHe said the Ethiopian transport minister and Ethiopian Airlines group CEO will visit Bangladesh on boarding the inaugural flight of the African airline giant. Ethiopia's flag carrier Ethiopian Airlines has been operating freight flights through third-world countries for 31 years from Bangladesh. Ethiopian Airlines, with 147 aircraft, is Africa's largest airline in terms of carrying passengers, destinations, fleet size, and revenue while it is ranked as the world's fourth-largest airline by the number of countries served.
Source:Ethiopian News
December 12, 2023 11:49 UTC
Ethiopia’s missed Eurobond coupon shows debt-distress communication systems lacking
Ethiopia’s failure to meet a scheduled coupon payment on its $1bn 2024 Eurobond on 11 December shows that mechanisms for communication on sovereign debt distress aren’t fit for purpose. There's more to this story Get unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African countries, from Cape Town to Cairo, from Abidjan to Abuja to Addis Ababa. Subscribe Now cancel anytime Already a a subscriber Sign In
Source:Ethiopian News
December 12, 2023 11:30 UTC
Ethiopian airlines to launch Dhaka-Addis Ababa flight on 8 March
Ethiopian Airlines has decided to commence flights between Addis Ababa and Dhaka from 8 March 2024 as Bangladesh and Ethiopia signed an air service agreement (ASA) last week to establish direct air link. "The Airline has chosen 8 March, the International Women Day, to commence the Addis Ababa-Dhaka-Addis Ababa direct flight. He said the Ethiopian transport minister and Ethiopian Airlines group CEO will visit Bangladesh on boarding the inaugural flight of the African airline giant. Ethiopia's flag carrier Ethiopian Airlines has been operating freight flights through third country for 31 years from Bangladesh. Ethiopian Airlines, with 147 aircraft, is Africa's largest airline in terms of carrying passengers, destinations, fleet size, and revenue while it is ranked as world's fourth-largest airline by the number of countries served.
Source:Ethiopian News
December 12, 2023 10:51 UTC
Ethiopia seeks investment by Pakistani businessmen for financial sector
ISLAMABAD, Dec 12 (APP): The Federal Democratic Republic of Ethiopia (FDRE) on Tuesday sought collaboration with Pakistan in the financial sector in order to attract investment from Pakistani businessmen for its flourishing economy. He also highlighted the initiatives taken by the Embassy of the FDR Ethiopia in Islamabad during its first year for strengthening the bilateral relations through strong regional and multilateral cooperation. “Opening of Ethiopian Embassy in Pakistan is a game-changer for Ethiopia-Pakistan bilateral relations,” the ambassador said, adding the arrival of Ethiopian Airlines flight in Karachi was another breakthrough in this regard. She lauded the impressive reforms carried out by the FDR Ethiopia in the recent past and reiterated the commitment of the Pakistan government for strengthening bilateral relations with Ethiopia. The minister assured the ambassador of all-out support for deepening economic cooperation between the two countries.
Source:Ethiopian News
December 12, 2023 10:39 UTC
Renaissance nudes spark crisis at French school
Since 1963, The Independent has helped create a great community! Since our founding in September of 1963, The Independent has been dedicated to giving Livermore, Pleasanton, Dublin, and Sunol readers the news they need to be in-the-know about what's going on in the Tri-Valley region.
Source:Ethiopian News
December 12, 2023 09:00 UTC
Ethiopian airlines set to launch Dhaka-Addis Ababa flight March 8
Ethiopian Airlines has decided to commence flights between Addis Ababa and Dhaka from March 8 next as Bangladesh and Ethiopia, known as the African aviation hub, signed an air service agreement (ASA) last week to establish a direct air link. "The Airline has chosen March 8, the International Women's Day, to commence the Addis Ababa-Dhaka-Addis Ababa direct flights. He said the Ethiopian transport minister and Ethiopian airlines group CEO will visit Bangladesh on boarding the inaugural flight of the African airline giant, reports BSS. Ethiopia's flag carrier Ethiopian Airlines has been operating freight flights through third-world countries for 31 years from Bangladesh. Ethiopian Airlines, with 147 aircraft, is Africa's largest airline in terms of carrying passengers, destinations, fleet size, and revenue while it is ranked as the world's fourth-largest airline by the number of countries served.
Source:Ethiopian News
December 12, 2023 08:49 UTC
News: PM Abiy Ahmed sacks Taye Dendea as state minister of Peace
Taye Dendea Aredo served as a state minister of peace since October 2022 (Photo: Ministry of Peace)Addis Abeba – PM Abiy Ahmed has sacked Taye Dendea, state minister of Peace effective immediately in a letter issued on 11 December 2023. The letter, which is posted on a verified facebook page of Taye Dendea, fails short of explaining the reason underlying the decision, but thanked the now ex-state minister for his contribution during his tenure since 08 October 2021. This comes in the backdrop of unprecedented recent media engagement and social media posts by Taye Dendea where he made stern remarks criticizing the PM Abiy led government. Reacting to the letter of his termination Taye Dendea described the PM as a “barbarian who plays with human blood”. Taye has been critical of his own government and the ruling party particularly the administration of the Oromia regional state from where he hails and was elected as member of the Caffee, regional parliament.
Source:Ethiopian News
December 11, 2023 23:15 UTC
Ethiopia Bondholder Call Scheduled for Thursday as Default Looms
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Source:Ethiopian News
December 11, 2023 19:47 UTC