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Girma Birru Returns from Djibouti with Promises

The reaction from the Ethiopian government was prompt, revealing the gravity of the matter; Girma Birru, minister of Trade and Industry, left for Djibouti last Wednesday, July 9, in order to persuade Djiboutian authorities to reconsider the tariff adjustment announced last week by DP World-Djibouti. He stayed there for a night, and met Ismael Omar Guelleh, president of Djibouti.

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Central Bank Picks German, UK Firm to Print Notes

The National Bank of Ethiopia (NBE) has awarded the German Gieseck & Deverient and the British De La Rue the multi million dollars contract to print various notes of the Ethiopian Birr, sources disclosed.

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Businesses to Raise Funds to Finance EPRDF HQs, Training Centre

Owners of major businesses grouped into five sectors have began raising funds that would be used in financing the construction of a headquarters and a training center for the ruling Revolutionary Democrats. The Ethiopian People’s Revolutionary Democratic Front (EPRDF) needs 130 million Br in order to build its political command center up at Arat Kilo, and a training centre to an army of its cadres in Sendafa.

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Agenda    

Yet again, leaders of the eight richest nations under the club of G8 met in....

 
   

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Editor's Note  

Reads a motion inserted as Article 43 (7): “Defamation and false accusation

 
   

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Economic Commentary  

Stunned by the news and the image of a hungry child with a swollen belly, Asnake Getachew, an economist who resides in Namibia, calls for a soul-searching exercise to answer such questions; as what is wrong with our

   

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Opinion  

Reconciling global economic growth, especially in developing countries, with the intensifying constraints on global supplies of energy, food, land, and water is the great question of our time. Commodity prices are soaring worldwide, not only for headline items like food and energy, but also for metals, arable land, fresh water, and other crucial inputs to growth, because increased demand is pushing up against limited global supplies.

   

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VERBATIM    
 

"I'm suffering for a crime I haven't committed."

Tewodros Kassahun, popularly known as Teddy Afro, told judges at the Federal High Court on Friday, July 11, 2008, pleading innocent to the charges made against him on the death of a young man after a hit-and-run incident. He urged authorities to intervene in the case, according to a news report by the Amharic weekly, Addis Admas.

 

 
 
 
 
 
 
 
 
 
 

Guelleh Sees Eritrean Leaders Paranoid, Frustrated

 

President Guelleh, who is perplexed with President Issayas Afeworki’s conduct in denying the existence of problems along their common border, characterized Eritrean leaders’ behaviour as “frustrated and paranoid.” The following is the excerpt of...Read More

The Inconvenient Truth

 

Drought seems to have, once again, reared its ugly head. Many children are reported to be affected by malnutrition as a result of this drought; some have even died, despite denials to the contrary. Tesfalem Waldyes, Special to Fortune, visited parts of the ... Read More

 
 
View Point

While these worries hardly amount to the full frontal attack mounted by the likes of Joseph Stiglitz, the Nobel-prize winning economist, they still constitute....

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Life Matters
 

A group of my old friends, from what seems like 150 years ago, were spending some time together last....

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View From Arada
 

Technological development in terms of communication has shown a great leap forward and has extended its reach to almost every....

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