http://www.addisfortune.com/index.htm Get the Latest Business News from Ethiopia- The Largest English Weekly in the Nation! http://blogs.law.harvard.edu/tech/rss Jitbit RSS Feed Creator Mon, 15 Feb 2010 00:00:00 +0300 Shortly after the official inauguration of the Gilgel Gibe II Hydropower Plant, a tunnel collapse, similar to those encountered during its construction, forced a shutdown of power production causing strain to the overburdened national grid. Without arguing over whose fault it was, work began to determine the cause and make repairs to enable a quick return to an operational status reports HALETA YIRGA, FORTUNE STAFF WRITER. http://www.addisfortune.com/Agenda.htmMon, 15 Feb 2010 00:00:00 +0300The world is shrinking as each day passes. With the momentum of information communication technology (ICT) galloping at the fastest of paces, attaining the concept of living in “the global village” is just around the corner. However, when looking at a monopoly such as the one that exists here, the Ethiopian Telecommunications Corporation (ETC), the situation seems to show a different picture. http://www.addisfortune.com/fortune_editors_note.htmMon, 15 Feb 2010 00:00:00 +0300It is hard to be optimistic about the US at present. With the help of crucial government support in the crisis, the US financial sector (or at least parts of it) has bounced back, while the US’s real economy struggles with high unemployment, discouraged labour force dropouts, and damaged balance sheets. http://www.addisfortune.com/opinion.htmMon, 15 Feb 2010 00:00:00 +0300The challenges of the macroeconomic management of this country to those in charge are evident. There is a painful instability in the balance of payments, and what has been hoped to be achieved from the export market has not been realised. Domestically, the economy is ploughed by inflation, forcing policymakers to go on tightening credit. Ironically, state banks are under the pressure of a liquidity crunch. This is a result of Ethiopia's lack of competitiveness at the domestic level, argues Yared Haile-Meskel (Eng), materials development engineer for a multinational automotive and defense manufacturer in the UK. He also sees inefficiency rampant at the national level holding back the competitiveness of exporters. http://www.addisfortune.com/ecconomic_commentary.htmMon, 15 Feb 2010 00:00:00 +0300A gentleman of my generation and I waited for an elevator at the basement of one of the commercial centres in town for about three minutes. As the doors opened, we followed each other inside and proceeded to press our respective buttons. We stood next to each other. We could see all our movements in the two floor-to-ceiling mirrors that were on either end of the elevator. http://www.addisfortune.com/lifematters.htmMon, 15 Feb 2010 00:00:00 +0300Obama's administration expected that the new rules the us president sought in order to balance the growth of banks would court trouble from said banks But none foresaw such negative reactions of international players to Obama's bold declaration of what has been dubbed “The Volcker Rules”. Dani Rodrik, professor of Political Economy at Harvard University's John F. Kennedy School of Government, shares his insights in this article provided to Fortune by Project Syndicate. http://www.addisfortune.com/Viewpoint.htmMon, 15 Feb 2010 00:00:00 +0300A comparison of the Belgium Antwerp Zoo and the Sidist Kilo Lion Park reveals a lot of room for the improvement in the protection of endangered species, the encouragement of positive attitudes in children towards animals, and the development of tourist attractions in Ethiopia. Girma Feyissa recounts how his own attitude changed from one of fear to one of appreciation. http://www.addisfortune.com/View_From_Arada.htmMon, 15 Feb 2010 00:00:00 +0300Had it not been for good old Muammar Al-Gaddafi, of Libya, the club of the African heads of state would be one that is boring, even to the thousands of delegates themselves. Credit goes, in earnest, to him for spicing up the African Union (AU) summits - wherever they are held. http://www.MyWebSite.com/item.htmlMon, 15 Feb 2010 00:00:00 +0300Find out about all the Entertainment news From Addis Fortunehttp://www.addisfortune.com/Fortune_Entertainment_news.htmMon, 15 Feb 2010 00:00:00 +0300