The Associated Press reported Friday that the Consumer Financial Protection Bureau has proposed new rules that would lower overdraft fees, with President Joe Biden calling the charges “exploitative.” The average fee in the U.S. is $26. Do you think overdraft fees charged by banks and credit unions are exploitative?
The federal government in Addis Ababa denies that a famine is imminent, and says it is working to provide aid. The fighting was between Ethiopian government and allied forces on the one hand, and Tigrayan forces on the other, following a massive fall-out between the federal and regional governments. In October, a joint report from USAid's famine early warning system and the UN World Food Programme sounded the alarm. Last May, USAid and the WFP suspended all food aid in the country while they overhauled the system. Last month a spokesman denied a risk of famine in Tigray, before partly backtracking and admitting to a problem of "recurrent droughts".
The recent report from the Committee to Protect Journalists (CPJ) paints a bleak picture for sub-Saharan Africa. The number of incarcerated journalists has risen from 31 in 2022 to 47 as of December 1, 2023. CPJ ranks Eritrea at the forefront of press freedom violators in Africa, with 16 journalists behind bars. The country holds the seventh position globally for the longest-standing cases of imprisoned journalists without any charges. The CPJ report indicates that Ethiopia follows Eritrea, with 8 journalists in detention, and Cameroon with 6.
The Saudi cultural extravaganza not only entertained audiences, but also provided a glimpse into some of the oldest traditional dances from around the world. Following the parade, Sultan Al-Bazie, CEO of the commission, told Arab News: “At the Theater and Performing Arts Commission, we are committed to hosting high-quality cultural events. The second edition of the festival involved 14 countries and featured 16 Saudi groups presenting traditional dances from across the Kingdom. Al-Bazie said: “The main goal of this event is to draw comparisons between mountain performances around the world. The commission’s commitment to fostering international cultural exchange aligns with the goals of the National Cultural Strategy under the umbrella of Saudi Vision 2030.
On Monday, the United Nations Children's Fund (UNICEF) said that the recent El Niño induced floods in Ethiopia's southeastern region of Somali forced more than 67,000 children out of school. In November 2023, UNICEF disclosed that some 7.6 million children were out of school in Ethiopia as the country encountered natural and man-made calamities, mainly conflicts. Conflicts particularly in the Amhara and Oromia regions have significantly contributed to an increasing number of children dropping out of school. It also warned that funding shortfall is hampering its humanitarian response in Ethiopia amid mounting humanitarian needs across the country. Last month, the UN Office for the Coordination of Humanitarian Affairs revealed that floods in different parts of Ethiopia since October had killed 57 people.
The planned timing for the launch of Ethiopia’s first stock exchange since the 1970s has slipped from the middle of this year to the third or fourth quarter, Tilahun E. Kassahun, CEO of the Ethiopian Securities Exchange, tells The Africa Report. 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
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Dr. Creslond FanninDr. Creslond Fannin is Executive Director of Early College Programs at Austin ISD. Dr. Fannin has enjoyed stints at Dallas County Community College District, Lancaster ISD, Ethiopian World Federation, Inc. and Manor ISD. A Silver Star member of Alpha Kappa Alpha Sorority, Inc., she was Initiated into the Alpha Xi Omega Chapter, Dallas, TX. And served as 2009 NPHC Dallas Chapter President. She is also a Charter Member of the Alpha Alpha Nu Omega Chapter, Williamson County.
SAN DIEGO (KGTV) – Yelp on Tuesday unveiled its “Top 100 Places to Eat in the U.S.” rankings for 2024, and four San Diego County restaurants made this year’s list -- with one of the eateries among the top 3. Here are the four local restaurants that made Yelp’s new list (and where they rank in the Top 100):No. 16 -- Crafted Greens (745 Jamacha Rd., El Cajon)https://www.craftedgreens.com-- What Yelp says: “Using fresh ingredients sourced from local farms, Crafted Greens dishes out healthy meals made from scratch every day. Crafted Greens is returning to this list this year after nabbing a spot on Yelp’s Top 100 Places to Eat in 2019.”No. Click here to view the full Top 100 list for 2024
In an exclusive interview, Hassan Sheikh Mohamud says Somalia will not yield to ‘pressure’ on the breakaway region. Somali President Hassan Sheikh Mohamud has warned Ethiopia against taking steps to implement a controversial port deal it brokered with the breakaway region of Somaliland. Currently, Addis Ababa relies mainly on the smaller Djibouti for its port operations for inbound and outbound trade. We want Ethiopia to have access to the sea, there is no question about that,” Mohamud said, adding that the federal government was ready to negotiate a deal with Addis Ababa. Mogadishu has claimed that the deal amounts to a landgrab, while Addis Ababa says the deal is of a commercial nature and is vital to its economic needs.
Multi-Wing, the prominent Danish manufacturer specializing in axial fans for engine cooling and industrial heat exchangers, has announced its appointment of vehicle consultancy abcg to deliver a potentially transformative new market entry project. Abcg is a leading automotive consultancy with a track record of excellence in strategy, product development, and market entry. The consultancy will be responsible for steering the product development team, driving the commercial strategy, and overseeing execution. They will work hand-in-hand with Multi-Wing to ensure the successful market entry of this groundbreaking new product. The consultancy will be responsible for steering the product development team, driving the commercial strategy, and overseeing execution.
Recent political maneuvers between Egypt, Somalia, and Ethiopia have exacerbated long-simmering tensions in the Horn of Africa region. Egypt views Ethiopia’s Grand Ethiopian Renaissance Dam (GERD) as an existential threat due to its reliance on the Nile River’s waters. With negotiations stalled, Egypt has signaled it will take any steps necessary to curb Ethiopia’s use of the Blue Nile’s waters. Ethiopia, for its part, has contributed enormously to stability through its role leading the African Union peacekeeping mission in Somalia since 2007. If drawn into open conflict by Egypt, Ethiopia may be forced to reduce or withdraw support, creating a dangerous power vacuum in Somalia.
WORTHINGTON — Jebena Ethiopian Cuisine in Worthington officially opened its doors Dec. 28, and according to owner Minilik Mersha, business has been booming. We’re excited about more folks coming to try our food. “A lot of people go for the tibs,” Mersha said. “We think eventually we’ll be adding some fish; Fried fish, steamed fish, fish with spices, we’ll make some good fish. “We’ve also been looking to get a license to serve (alcohol).”Minilik Mersha, owner of Jebena Ethiopian Cuisine, is excited to bring his dream to life.
Crime & Safety Armed Robbery At Ethiopian Restaurant In Silver Spring Investigated Montgomery County Police released a surveillance video of suspects and a vehicle in connection to a robbery at a Silver Spring restaurant. Montgomery County Police released a surveillance video of suspects and a vehicle in connection to a robbery at a Silver Spring restaurant. (MCDP)SILVER SPRING, MD — Montgomery County Police detectives released an additional surveillance video on Monday that they say shows the suspects and a vehicle involved in the Dec. 21, 2023 armed robbery at the Shalla Ethiopian Restaurant in Silver Spring. Officers responded around 12:20 a.m., on Dec. 21, for the report of a robbery at the restaurant located in the 8000 block of Sligo Avenue. The third suspect was described a man, wearing a black jacket, white sweatshirt, black pants and a white face mask.
Mesganu Arga, State Minister of Political and Economic Diplomacy at the Ethiopian Ministry of Foreign Affairs, who was in charge of the presentation, expressed that Beijing firms should come and invest in agricultural processing, chemicals, fertilizers, and steel manufacturing, among other sectors. According to Arga, the aim is to strengthen the “All Climate Strategic Partnership” announced by President Xin Jinping and Prime Minister Abiy Ahmed during the latter’s visit to China in October 2023. He noted that Ethiopia has become a key investment destination for China as long as Beijing is an essential source of investment and a key trading partner for the African nation, which has much to offer in trade opportunities through the expansion of its industrial and economic free trade zones. Upon reiterating that Addis Ababa is one of the leading and pioneering subscribers of the Belt and Road Initiative in Africa, the diplomat affirmed that his country seeks to promote cooperation in the areas of sustainable development, regional connectivity, trade, investment, and tourism, where Chinese enterprises can play a leading role. jrr/iff/lam/nmr
