Lamecha Girma ‘in good shape’ after steeplechase heavy fall
Lamecha has left the hospital, where he was treated overnight. Ethiopian steeplechase world record holder Lamecha Girma is recovering from a heavy fall at the Paris Olympics and is “in good shape”, the International Olympic Committee said on Thursday. Girma was left prone on the track after falling at a hurdle during Wednesday night’s 3000m race before being eventually stretchered off. “We understand that he’s in good shape and our sympathies go to him,” IOC spokesman Mark Adams told reporters. The Ethiopian Athletics Federation announced that Lamecha had left the hospital, where he was treated overnight.
Source:Ethiopian News
August 08, 2024 16:55 UTC
NBE launches applications for Independent Foreign Exchange Bureaus
The National Bank of Ethiopia (NBE) announced that it has officially began accepting applications for Independent Foreign Exchange Bureaus, in line with the newly approved Foreign Exchange Directive that became effective on July 29, 2024. Independent FX Bureaus are authorized to engage in the buying and selling of foreign currency cash notes and are permitted to conduct such transactions based on freely negotiated exchange rates with their customers. Business entities owned by Ethiopian nationals, non-resident Ethiopians, or a foreign citizen of Ethiopian origin are eligible to operate Independent FX Bureaus. The central bank expects that Independent FX Bureaus will play an important role in further deepening the foreign exchange market by addressing the needs of customers who wish to buy or sell foreign currency cash notes. NBE Governor Mamo Mihretu stated, “With the licensing of Independent FX Bureaus, we are marking yet another important milestone in the opening up of Ethiopia’s financial sector and aligning it with global norms and best practices.” The Governor added that the launch of FX Bureaus reflects NBE’s ongoing implementation of its strategic plan commitments to “fundamentally transform the size, shape, and scope of Ethiopia’s financial sector over the coming years.”
Source:Ethiopian News
August 08, 2024 16:31 UTC
Ethiopian Airlines Receives President’s Lifetime Achievement Award, Celebrating 25 Years Of US Service
Ethiopian Airlines Receives President’s Lifetime Achievement Award, Celebrating 25 Years Of US ServiceReading Time: 2 minutesEthiopian Airlines celebrates 25 years of service to the US, receiving the prestigious President’s Lifetime Achievement Award for its outstanding contributions. Ethiopian Airlines, a premier aviation company in Africa and a fast-growing global carrier, has received the prestigious US President’s Lifetime Achievement Award. Ethiopian Airlines remains at the forefront of the aviation industry, exemplifying its dedication to bridging diverse cultures and enhancing global cooperation. “The President’s Lifetime Achievement Award is a testament to the hard work and commitment of our employees, partners, and stakeholders”. The award honors Ethiopian Airlines for its steadfast dedication and exceptional contributions to the US community over the last 25 years.
Source:Ethiopian News
August 08, 2024 16:23 UTC
Portugal’s popularity fuels demand for holiday home investment
Real estate boom: A byproduct of tourism growthAttractive real estate marketThe surge in tourism has had a direct impact on Portugal’s real estate market. Clear regulationsThe Portuguese government has implemented clear and supportive regulations for the real estate market, ensuring a transparent and investor-friendly environment. The real estate market in the Azores is growing, with increasing interest from international buyers seeking vacation homes, rental properties, or retirement havens. Key real estate investment hotspotsLisbonPortugal’s capital, Lisbon, is a hotspot for both tourists and real estate investors. Diversified investment opportunitiesThe real estate market in Portugal is also evolving, with new opportunities emerging beyond traditional property investments.
Source:Ethiopian News
August 08, 2024 16:06 UTC
Ethiopia's Lamecha Girma 'In Good Shape' After Paris Olympics 2024 Steeplechase Fall
Ethiopian steeplechase world record holder Lamecha Girma is recovering from a heavy fall at the Paris Olympics and is "in good shape", the International Olympic Committee said on Thursday. Girma was left prone on the track after falling at a hurdle during Wednesday night's 3000m race before being eventually stretchered off. "We understand that he's in good shape and our sympathies go to him," IOC spokesman Mark Adams told reporters, while saying he couldn't disclose medical details. After receiving medical treatment, he left the arena on a stretcher with his neck secured by a brace. Morocco's Soufiane El Bakkali, 28, powered home to take gold, retaining the Olympic title he won at Tokyo 2020.
Source:Ethiopian News
August 08, 2024 14:47 UTC
Wrestling: Vinesh Phogat (IND) disqualified from women’s wrestling 50kg class
There are a total of 27 gold medal events on Day 13, Thursday 8 August. Will the world record fall in men's speed climbing as that competition comes to an end (12:28pm)? Meanwhile, India will be targeting a second athletics Olympic gold medal as defending champion Neeraj Chopra goes in the men's javelin throw final (8:25pm). In Tokyo, Chopra became India's first individual Olympic champion since 2008 and the first in track and field. Having set a new world record (pending ratification) of 50.65 at the U.S.
Source:Ethiopian News
August 08, 2024 08:19 UTC
Lamecha Girma health update as world record holder taken to hospital after sickening fall in steeplechase
Lamecha Girma is 'in a good condition', according to his coach Teshome Kebede, after the runner suffering a horror fall in the last lap of the men's 3,000m steeplechase final. The Ethiopian runner was making a move in the final 300m up to the front of the pack when he clipped his knee on a barrier and crashed to the floor. The 23-year-old, who currently holds the world record in the event, was put in a neck brace before being stretchered off the track. Paris Olympic organisers released a statement after the incident, which read: “Following his fall in the 3,000m steeplechase, Lamecha Girma received immediate care from the on-site medical teams. "Paris 2024 is in close contact with the Ethiopian NOC to stay updated on his condition.”Girma broke the world record for the 3,000m steeplechase in Paris last year in a Diamond League meet.
Source:Ethiopian News
August 08, 2024 07:07 UTC
Lamecha Girma hospitalized after horror fall, but life not in danger
The Ethiopian runner Lamecha Girma, who was stretchered off the track during the men’s 3,000-meter steeplechase final, has been described as “in good form” after a visit from members of the Ethiopian Olympic Committee. According to the French newspaper L’Equipe, Girma was initially taken to a medical room at the Stade de France. On social media, Eabisa Negese, an Ethiopian journalist who accompanied Team Ethiopia, posted a photo of Lamecha Girma at the Pitié Salpêtrière hospital where he was taken. “We regret that one of the athletes fell in this steeplechase final. A statement from Paris 2024 organisers said: “Following his fall in the 3,000m steeplechase, Lamecha Girma received immediate care from the on-site medical teams.
Source:Ethiopian News
August 08, 2024 05:41 UTC
Banking like Germany (Kebour Ghenna)
Kebour Ghenna (Photo : File/SM)By Kebour GhennaIn the developed world, the banking sector has seen a trend towards greater market concentration and a reduction in the number of banks. This shift, driven by market power, economies of scale, and the too-big-to-fail doctrine, has resulted in the emergence of larger, more complex, and increasingly opaque banking institutions. The widespread bailout of big banks during the recent financial crisis has sparked discussions about the potential benefits of smaller banks, particularly in local economies. Let’s take Germany’s banking system which is characterized by its three pillars – public sector banks, cooperatives, and commercial banks – presents a unique model. This stability highlights the value of smaller, locally focused banking institutions in supporting economic resilience and growth.
Source:Ethiopian News
August 08, 2024 04:31 UTC
Men's steeplechase final: Ethiopian world record takes hard fall, carried away on a stretcher
Medics rushed to attend the 23-year-old Ethiopian athlete after a hard fall during the steeplechase final. PARIS, France — Ethiopia's Lamecha Girma exited the Olympics purple track on a stretcher after taking a rough fall during the men's 3,000-meter steeplechase final. Medics rushed to aid the Ethiopian runner and he was quickly stretchered away with a neck brace. Until his fall, Girma appeared to be in contention for a medal in the final. Morocco’s Soufiane El Bakkali defended his title in men’s steeplechase, finishing in 8 minutes, 6.05 seconds for a .36-second win over America’s Kenneth Rooks.
Source:Ethiopian News
August 08, 2024 04:21 UTC
World record holder Lamecha Girma motionless after sickening fall during Olympics steeplechase final
Ethiopian superstar Lamecha Girma was taken to hospital after a sickening fall during the 3000m steeplechase final on Thursday morning (AEST). It was a hard, hard crash,” one commentator on the world feed said. Girma and El Bakkali pushed each other and I think, I think Girma lost consciousness there. “Following his fall in the 3000m steeplechase, Lamecha Girma received immediate care from the on-site medical teams. “We regret that one of the athletes fell in this steeplechase final.
Source:Ethiopian News
August 08, 2024 03:29 UTC
Paris Olympics: Ethiopia's Lamecha Girma leaves steeplechase final on stretcher after falling, hitting head
Ethiopia's Lamecha Girma hit his head on the track after tripping over a hurdle in the 3,000-meter men's steeplechase final. (BEN Stansall/AFP via Getty Images)Medal table | Olympic schedule | How to watch | Olympic newsEthiopia's Lamecha Girma left Wednesday's men's 3,000-meter Olympic steeplechase final on a stretcher after falling and hitting the back of his head on the final lap. Images from the stadium show medical officials placing Girma's head and neck in a brace and carrying him off on a stretcher. Ethiopia's Lamecha Girma was removed from the Olympic track on a stretcher after hitting his head on a fall during the men's 3,000-meter steeplechase final. "Following his fall in the 3000m steeplechase, Lamecha Girma received immediate care from the on-site medical teams," the statement reads.
Source:Ethiopian News
August 07, 2024 22:54 UTC
El Bakkali retains Olympic steeplechase title as Girma suffers worrying fall
El Bakkali became the second man to successfully defend his Olympic steeplechase title after Volmari Iso-Hollo of Finland last achieved the feat at the 1936 Berlin Games, but said the year had "not been easy". El Bakkali admitted that his injury woes had even left him thinking he might not participate in Paris. The 28-year-old El Bakkali arrived at the Olympics with a target on his back, having won the last three global championships. His second Olympic gold in the French capital leaves him in rare company among Arab athletes to have doubled up at the Summer Games. While El Bakkali sped away for victory, there was concern for Girma, the world record holder who fell badly on the third-last barrier.
Source:Ethiopian News
August 07, 2024 22:43 UTC
Men's steeplechase final: Ethiopian world record holder takes hard fall, carried away on a stretcher
Medics rushed to attend the 23-year-old Ethiopian athlete after a hard fall during the steeplechase final. PARIS, France — Ethiopia's Lamecha Girma exited the Olympics purple track on a stretcher after taking a rough fall during the men's 3,000-meter steeplechase final. Medics rushed to aid the Ethiopian runner and he was quickly stretchered away with a neck brace. Girma, who is the world record holder in the event, had an early lead during the race along with his fellow Ethiopian teammates. Morocco’s Soufiane El Bakkali defended his title in men’s steeplechase, finishing in 8 minutes, 6.05 seconds for a .36-second win over America’s Kenneth Rooks.
Source:Ethiopian News
August 07, 2024 22:15 UTC
August 7, 2024, Olympics news and results
Patrick Smith/Getty ImagesThere is simply never a dull moment at this year’s Olympics. What started off as a routine heat in the men’s 5000m event, ended in utter chaos as multiple athletes were left strewn over the track. The incident seemed to start with a tussle between Team GB’s George Mills and France’s Hugo Hay, and resulted in the British runner bumping into two runners on his outside. Great Britain's George Mills and France's Hugo Hay react following the men's 5000m heats at the Stade de France on August 7. This post has been updated with quotes from Team GB’s George Mills and information of appeals.
Source:Ethiopian News
August 07, 2024 22:01 UTC