#ETHIOPIA News

FEED

China's loans pushing world’s poorest countries to brink of collapse

apnews.com FILE - People jostle each other to buy subsidized sacks of wheat flour in Quetta, Pakistan, Thursday, Jan. 12, 2023, after a recent price hike of flour in the country. An…

One-third of the world faces recession in 2023, IMF warns

euronews.com The new year is going to be "tougher than the year we leave behind," says IMF Managing Director Kristalina Georgieva. For a third of the global economy, 2023 is going to be…

Bitcoin powers sustainable energy infrastructure in rural Africa

finbold.com Considering that over 500 million people in Africa live in rural communities out of reach of main power grids, mining Bitcoin (BTC) has been a challenge. However, it has…

How Seen’s mobile journalism reaches 7 million people across platforms

niemanlab.org For this issue, I spoke with Seen‘s co-founder, Yusuf Omar. He was previously a CNN senior social media reporter on Snapchat and mobile editor at the Hindustan Times in…

Buckingham Palace Explains Why It Won’t Return the Remains of an Ethiopian Prince

vanityfair.com For centuries, the catacombs of St. George’s Chapel in Windsor have been the final resting place for monarchs and consorts, including Queen Elizabeth II, Prince Philip, and…

U.S. announces $524 million for Horn of Africa drought; Germany, UK also make pledges

pbs.org The United States announced at a U.N. conference on Wednesday nearly $524 million in additional humanitarian aid for the Horn of Africa that aims to put a spotlight on the…

The Dire Defect of ‘Multilingual’ AI Content Moderation

wired.com This is part of the data recipe for Facebook’s new large language model, which the company claims is able to detect and rein in harmful content in over 100 languages. Bumble…

WATCH LIVE: State Department holds briefing amid UN calls for drought aid for Horn of Africa

pbs.org The State Department will hold its daily news briefing Tuesday as the United Nations asks for urgent drought aid for the Horn of Africa. The event is scheduled to start at…

Here’s China’s Last Emperor’s Watch

forbes.com A Patek Philippe watch owned by Aisin-Gioro Puyi—the last emperor of China’s Qing dynasty—sold for $5.1 million at an auction Tuesday, more than 85 years after it was first…

Agencies back UN's $7 billion call to combat Horn of Africa drought crisis

pbs.org Humanitarian agencies are calling for full funding of the U.N.’s $7 billion appeal for the Horn of Africa during a pledging conference this week, citing a growing crisis and…

Royals reject calls to return body of 'stolen' prince taken to U.K. as a child after colonial raid

nbcnews.com LONDON — The body of a teenage prince captured by British troops will not be returned to his remaining family in east Africa, the British royal family has said, in the…

Money, Sex and Rumors: Tanzania Faces Challenges to Protect Girls From HPV

nytimes.com “If she could be protected, it would be good,” said Pili Abdallah, left, of her daughter, Asia Shomari. Ms. Shomari had avoided health workers who came to her school in Dar…

Cacti, wild coffee and false bananas: Scientists sketch out the menus of the future

cnbc.com Earlier this year, shoppers in the U.K. faced a shortage of fresh fruit and vegetables, with some of the country's grocery stores rationing produce like tomatoes, lettuce…

‘There was all sorts of toxic behaviour’: Timnit Gebru on her sacking by Google, AI’s dangers and big tech’s biases

theguardian.com ‘It feels like a gold rush,” says Timnit Gebru. “In fact, it is a gold rush. And a lot of the people who are making money are not the people actually in the midst of it. But…

The IMF faces a nightmarish identity crisis

economist.com D landmark three-week conference at Bretton Woods in 1944, one delegate contrasted the “extraordinarily beautiful” venue—the Mount Washington hotel—with the “glorious…

How do you stop a pirate? Put more fish in the sea

businessinsider.com A Dassanach boy stands on a boat by the shore of a fishing camp near the Omo Delta in the north of Lake Turkana close to the town of Ileret and near the Kenyan-Ethiopian…

The Morning Risk Report: U.S. Plans to Expand Sanctions, Export Controls on Russia

createsend.com Good morning. President Biden plans to unveil a new round of U.S. restrictions on trade with Russia on the first day of the Group of Seven summit here, a move designed to…

'In a lot of the world, the clock has hit midnight': China is calling in loans to dozens of countries from Pakistan to Kenya

fortune.com A dozen poor countries are facing economic instability and even collapse under the weight of hundreds of billions of dollars in foreign loans, much of them from the world’s…

Masked men working with Greek authorities stole refugees' belongings before dumping them in the middle of the sea: New York Times

businessinsider.com A Greek Coast Guard vessel in Thessaloniki, Greece in January 2023. NurPhoto/Getty Images Refugees told the NYT that men sent by Greek authorities robbed them and abandoned…

China loans pushing world’s poorest countries to brink of collapse

fortune.com A dozen poor countries are facing economic instability and even collapse under the weight of hundreds of billions of dollars in foreign loans, much of them from the world’s…

'Clock has hit midnight': China loans pushing world’s poorest countries to brink of collapse

yahoo.com A dozen poor countries are facing economic instability and even collapse under the weight of hundreds of billions of dollars in foreign loans, much of them from the world’s…

Western Union rival Zepz lays off 26% of employees as fintech cuts continue

cnbc.com Zepz, which owns the WorldRemit and Sendwave brands, has a total headcount of around 1,600. Money transfer group Zepz is laying off 420 employees, the company told CNBC…

‘It’s Not ‘All Good”: Black Music Action Coalition Offers Lukewarm Assessment of Industry Diversity

billboard.com The Black Music Action Coalition (BMAC) unveiled a tepid assessment of the music industry’s progress toward addressing historical racism and inequity on Monday (May 15). The…

Kehinde Wiley is taking his art across the country and around the world

nbcnews.com If Wiley, 46, is on a mission to make sure he’s remembered for a lot more, he seems well on his way. With shows currently on both U.S. coasts, another headed to Paris, and…

Cold-chain startup Figorr raises $1.5M, backs the roll out of data-driven perishables insurance

techcrunch.com Oghenetega Lortim built Nigerian-based cold chain startup Figorr after imagining better means of storage and transportation of temperature-sensitive products, following the…

China’s rising clout spotlighted at finance chief meetings before G7 summit

arabnews.com TOKYO: The weekend gathering of finance chiefs from the Group of Seven (G7) advanced economies did not single out China as a threat in their communique, but left signs the…

China's rising clout spotlighted at finance chief meetings before G7 summit

reuters.com The weekend gathering of finance chiefs from the Group of Seven (G7) advanced economies did not single out China as a threat in their communique, but left signs the world's…

The Web's Most Comprehensive Business News Hub. Free to Use →