Year: 2014
- Africa
Norway gives duty free privilege to Ethiopian exports
Mahlet Fasil The Norwegian government says it would allow trade preferences to Ethiopian export products for unlimited period of time. At a press conference attended by representatives of the two countries, it was mentioned that paramount importance will be given to strengthening the trade and investment relations of the two countries. In 2012, the total trade turnover between the two…
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Rivals sign long awaited South Sudan truce
Mahlet Fasil In what a Norwegian diplomat involved in the negotiations said was “just the first and important of many steps to come” to end the bloody conflict that engulfed the world’s youngest nation South Sudan, representatives of the government and the rebels have signed the cessation of hostilities agreement on Jan. 23rd here in Addis Ababa. Facilitated and supervised…
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Addis Ababa’s ailing state hospitals
Tesfaye Ejigu A city,where the government has built no new hospital for the last 22 years, is struggling with its few outdated and under supplied state run hospitals Around end of October 2013, the online version of Addis Standard published an opinion piece discussing an eight hour power outage and a dysfunctional power generator at Tikur Anbessa (Black Lion) Hospital,…
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The Saudi pain and a call for resignation
Dear Editor, I would like to take this opportunity to thank you and your team for bringing out to your esteemed readers the suffering of our citizens in the brutal hands of Saudi Arabia’s police forces (Governing by crisis: a labor migration gone terribly wrong, Dec. 2013). Especial recognition for your courage in exposing that “lack of timely and effective…
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America’s tribal mayhem
America’s polarization eased at the onset of World War I and through the economic calamity of the Great Depression, and World War II, but today, its society is as polarized as any time since the end of the American Civil War, says our US Correspondent Tomas Mega, from Nevada “What tribe are you?” While a common question in Africa and…
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South Korean president to attend the 22nd AU Summit in Addis Ababa
Summit kicks off today by the PRC Mahlet Fasil The African Union (AU) said Park Cheng-hye, President of South Korea, will attend the 22nd Summit of the AU which kicked off this morning. “Transforming Africa’s agriculture harnessing opportunities for inclusive growth and sustainable development” is the theme the AU said will be at the center of discussions during the assembly…
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EU to give Central African countries €3 billion in grant for 2014-2020
EU Commissioner for Development, Andris Piebalgs will today announce close to €3 billion in grants for countries and organizations in the region of Central Africa for the period 2014-2020. The announcement will be made during a more than two-day event to discuss development cooperation with Ministers and other authorities of the involved countries and regional organizations. The new funding, still…
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Free Trade and Costly Love
LONDON – The World Trade Organization’s ministerial conference in Bali in December produced a modest package of encouragements to global trade. More broadly, the WTO’s multilateral approach has shown its worth by preventing a massive increase in trade barriers, unlike in 1929-1930, when protectionism helped deepen and broaden the Great Depression. But the main question – whether globalization is a…
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Reducing inequality will boost economic growth
Guy Ryder At first glance, it would seem this year’s Davos summit will be off to an auspicious start, with news that the global economy is recovering faster than anticipated. Yet a closer look at the global situation reveals a potentially dangerous gap between profits and people. Corporate profits are up and global equity markets are looking forward to another…
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European Union provided US$ 1.44 Million for mediation efforts in South Sudan
The European Union (EU) using its African Peace Facility Early Response Mechanism (ERM) has agreed to provide financial support to the mediation process in South Sudan facilitated by IGAD. One of the main objectives of ERM is to provide funds in urgent situations for the first stages of mediation activities. According to a statement from the EU delegation office to…
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