Extrajudicial Killings Leave 66 Dead in Ethiopia, Group Says
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Source:Ethiopian News
February 13, 2024 13:31 UTC
Kefi Gold & Copper shares up as Tulu Kapi prepares for launch
(Alliance News) - Shares in Kefi Gold & Copper PLC rose on Tuesday, after the company noted progress on the multi-party financing package for its Tulu Kapi gold project. This followed Kefi's announcement that financing arrangements for its 95%-owned Tulu Kapi gold project in western Ethiopia was nearing completion. In January, Kefi received confirmation of conditional final credit committee approval from its lead lender. In October, Kefi received formal confirmation from the Ethiopian national bank of the details for the operation of offshore banking by its operating subsidiary Tulu Kapi Gold Mines Share Co. As the company awaits the drawdown of the USD320 million project funding, it has commenced launch preparations for Tulu Kapi.
Source:Ethiopian News
February 13, 2024 12:43 UTC
Democrats Seek to Regain US House Seat Vacated by Santos, Erode Republicans' Majority
By Makini BriceWASHINGTON (Reuters) - Democrats will try to whittle away Republicans' razor-thin majority in the U.S. House of Representatives in a New York special election on Tuesday to fill the vacancy created by Republican George Santos' ouster from the chamber. The House plans to vote on that measure again, hoping the return of No. Santos was expelled by the House in a historic vote after a nearly 11-month tenure, when his fellow lawmakers ejected him over criminal corruption charges and allegations of misspending campaign money. Though the district supported Biden in the 2020 election, Republicans in the New York area are considered to have a formidable turnout operation and swept a number of congressional seats there two years ago. "Ms. Pilip points out there's a problem, there's a problem, there's a problem.
Source:Ethiopian News
February 13, 2024 12:06 UTC
Five things to watch in the race to replace George Santos
GREAT NECK, N.Y. — Tuesday’s special election in New York’s 3rd Congressional District might do more than replace disgraced GOP former Rep. George Santos in the House. It could also have implications beyond Long Island, from the House majority to November’s elections. Here are five things to watch as voters head to the polls, which close at 9 p.m. House majority implicationsThe GOP holds a paper-thin House majority that got even thinner after Santos’ expulsion. We're going to encourage people safely to go to vote," Pilip told the crowd.
Source:Ethiopian News
February 13, 2024 12:02 UTC
Race to Succeed George Santos in Congress Reaches Stormy Climax in New York's Suburbs
An unusual special election in New York City’s suburbs on Tuesday could be a bellwether in the fight for control of Congress. Former U.S. Rep. Tom Suozzi, a Democrat, faces off with Republican Mazi Pilip, a county lawmaker, in a race for a House seat that became vacant when George Santos was expelled from Congress. The unusual midwinter election became necessary after Santos was ousted by his colleagues in December, partway through his first term. Suozzi counterattacked Pilip on abortion, saying she couldn’t be trusted to protect abortion rights in places like New York where it remains legal. In their only debate before the election, Suozzi pushed Pilip to further clarify her position on abortion, asking her whether she is “pro-choice."
Source:Ethiopian News
February 13, 2024 10:06 UTC
Mazi Pilip, Tom Suozzi make final pitches in House race for George Santos' seat
Mazi Melesa Pilip and Tom Suozzi made their closing cases to Long Island and Queens voters Monday, on the eve of their ultracompetitive special House election for the seat vacated by George Santos. “He’s a talker — excellent talker; he’s really good on that — I am a person of action,” Pilip told the station, referring to Suozzi, a former three-term congressman. Suozzi, a 61-year-old centrist and Long Island lifer, gave up his seat representing the district to stage a doomed run for governor in 2022. New York City’s cavernous, tent-style migrant shelter at the Creedmoor Psychiatric Center sits within the House district, which sprawls from eastern Queens out across Long Island’s tony North Shore. “That’s appalling,” Suozzi told the station.
Source:Ethiopian News
February 12, 2024 21:49 UTC
Boeing's 737 Max Crisis: What Investors Should Know
A Boeing 737 Max 9's fuselage door plug blew off mid-flight on an Alaska Airlines plane on Jan. 5. The following is an examination of how the fallout from the Boeing 737 Max crisis will affect shareholders:This Isn't Boeing's First GroundingBoeing has had issues with its 737 Max airplanes for several years now. How the Crisis Could Affect Boeing's StockWhile existing 737 Max 9s can still fly, the FAA is restricting Boeing's production of the aircraft. Investors in airline stocks overall shouldn't be overly concerned about the fallout from the Boeing 737 Max 9 incident. Boeing's 737 Max crisis may impact Boeing's stock price but not necessarily those of airline stocks, or the stock market as a whole, in the long run.
Source:Ethiopian News
February 12, 2024 21:40 UTC
More than 20 miners trapped in Ethiopia cave for three days
Rescue efforts are under way in a remote village in northern Ethiopia where more than 20 artisanal miners are trapped inside a cave. It’s been three days since a narrow cave collapsed on the miners in the Delanta district. Local officials are uncertain about the exact number of the trapped miners, who were looking for precious opal gemstones. The officials said that in a previous incident, a miner was found alive after he was buried inside the cave for seven days. He is among hundreds of of locals trying desperately to free more than 20 miners who became trapped in a cave three days ago while looking for opals.
Source:Ethiopian News
February 12, 2024 16:14 UTC
News: Somaliland rejects Somalia’s criticism of MoU with Ethiopia, calls it ‘sovereign decision’
Prime Minister Abiy Ahmed Ali and Somaliland president Muse Bihi Abdi signed the MoU in Addis Abeba on 01 January 2024 (Photo: Screenshot)Addis Abeba – Somaliland has unequivocally rebuffed a recent statement made by Somalia regarding the Memorandum of Understanding (MoU) between Ethiopia and Somaliland. It asserts that the MoU signifies a “sovereign decision made by two independent nations” and is not contingent upon the approval of a third party. In response to Somalia’s assertions, Somaliland has accused Somalia of flagrantly disregarding international law and “the inherent right to self-determination” of Somalilanders. Furthermore, it underscored that the MoU respects the territorial integrity of all involved parties and fosters peaceful relations and cooperation. In addition, Somaliland has urged Somalia to “relinquish outdated assertions” concerning its status and to honor the collective will of Somaliland’s populace.
Source:Ethiopian News
February 12, 2024 13:40 UTC
Ethiopia: EPSE to Construct Oil Depot in Dire Dawa
EPSE, the Ethiopian Petroleum Supply Enterprise, has compensated the Dire Dawa city administration for the construction of the nation's 14th oil depot. The fuel depot, spanning 16,000 square meters and with a capacity of 300 million liters, is now operational. The Dire Dawa depot aims to streamline operational activities by serving as a hub for unloading oil from Djibouti and distributing it nationwide. Over the years, EPSE has maintained a consistent supply of gasoline, kerosene, light fuel oil, and heavy fuel oil, primarily procuring products via Djibouti due to Ethiopia's landlocked status. EPSE collaborates with international partners like Kuwait Petroleum Cooperative and Sudan Petroleum Corporation, utilizing the Dire Dawa oil depot for distribution.
Source:Ethiopian News
February 12, 2024 12:55 UTC
Ethiopian Shipping and Logistics Gains Birr 27 Billion in Six Months
Ethiopian Shipping and Logistics (ESL) collected Birr 27 billion in six months of the fiscal year, as announced by the organization. The Chief Executive Officer of ESL, Dr. Beriso Amelo, acknowledged the challenges faced by the institution five years ago but emphasized the significant progress achieved during the reform process, particularly in improving efficiency. He highlighted the success of sea transport and logistics in terms of service quality, revenue generation, and profitability, surpassing the planned targets for the fiscal period with the collection of Birr 27 billion. Dr. Amelo attributed these accomplishments to the establishment of supportive institutions by the government and the implementation of modern and efficient procedures. Moving forward, Dr. Amelo outlined plans to further modernize income and expenditure services and expand shipping destinations.
Source:Ethiopian News
February 12, 2024 12:36 UTC
Detention during asylum process not unlawful: Gauteng court
Reading Time: < 1 minuteThe Gauteng High Court in Johannesburg has issued a clarification, stating that the detention of undocumented individuals while awaiting good cause interviews and the asylum application process is not deemed unlawful. This verdict comes in response to a group of asylum seekers who had entered the country illegally. Additionally, they argued for their release, contending that their detention during the asylum application process was unlawful. The High Court’s judgment clarified that such a right is not automatic, proposing a differentiated approach for asylum seekers who entered the country illegally. Spotlight on the rights of asylum seekers in South Africa
Source:Ethiopian News
February 12, 2024 11:59 UTC
Cheap Energy Cost Fuels Chinese Bitcoin Miners Migration to Ethiopia
Cheap Energy Cost Fuels Chinese Bitcoin Miners Migration to EthiopiaEthiopia has become a lucrative destination for Bitcoin miners with lower energy costs and friendly government policies driving the move. According to Bloomberg, Bitcoin miners from China and other countries are setting up shop in the East African country followed by energy deals with electricity companies. In the following months, Bitcoin miners now look to grow operations in Ethiopia and rival Texas counterparts who became the new hub after the mining ban in China two years ago. Nou Xu, founder of the China Digital Mining Association explained that Ethiopia will be a destination for Chinese miners thanks to friendly government policies and cheaper energy costs. Per the Bloomberg report, Ethiopian state-owned power companies have signed agreements with 21 Bitcoin mining companies with 19 of them coming from China.
Source:Ethiopian News
February 12, 2024 10:37 UTC
Nearly half of the world’s migratory species are in decline, UN report says
WASHINGTON (AP) — Nearly half of the world’s migratory species are in decline, according to a new United Nations report released Monday. About 44% of migratory species worldwide are declining in population, the report found. More than a fifth of the nearly 1,200 species monitored by the U.N. are threatened with extinction. “One country alone cannot save any of these species,” said Susan Lieberman, vice president for international policy at the nonprofit Wildlife Conservation Society. At the meeting, eight governments from South America are expected to jointly propose adding two species of declining Amazon catfish to the U.N. treaty’s list of migratory species of concern, she said.
Source:Ethiopian News
February 12, 2024 09:02 UTC
From Ethiopia to Idaho: Brey Steffensen’s Journey to Senior Night at Hillcrest
Brey Steffensen stole the show in his first career start when he scored his first career basket. At one point, Brey couldn't walk. "She said, 'I just have this feeling that there's another kid there that needs us,'" Skyleur Steffensen said. At this point, Brey had overcome Lathyrism to walk on his own again, but with a limp. "I've had so many memories of all the last four years," Brey Steffensen said.
Source:Ethiopian News
February 12, 2024 06:21 UTC