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ERA Managers Hopeful Council, Parliament Nod on 1.7B Br Additional Budget

The Ministry of Finance and Economic Development (MoFED) has approved in the first week of March 2008 more than half of the supplementary budget request made by the Ethiopian Roads Authority (ERA). Final decision, .....

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Junadin Seeks 750m Br Equity for New Railway Corp.

The newly formed Ethiopian Railway Corporation (ERC) is scouting for equity contributions of its paid up capital (750 million Br) in order to launch ....

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After Seven Years, High Court Acquits Former CBE Chief on One Count

Judges at the Federal High Court, First Criminal Bench, unanimously passed a ruling on Thursday, March 13, 2008, acquitting two of the former senior managers of Commercial Bank of Ethiopia (CBE), after seven years ....

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New Committee Set to Stamp Out Corruption

The Addis Abeba City Caretaker Administration established a committee, which examines the disciplinary measures required for the city officials ....

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Agenda    

The value of Birr depreciating drastically of late, authorities are.....

 
   

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Editor's Note  

First step to recovery is admitting sickness, if conventional wisdom serves as....

 
   

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Economic Commentary  

At a time when over six million people are yet to face famine due to drought this year, researchers are trying to find answers analyzing past experiences. There appears to be no better place than Ethiopia, a country that experienced periods of famine in 1999..

   

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THE YEAR IN BRIEF

The year 2007 brought in the new Ethiopian Millennium and an accompanying tide of mixed economic indicators for the business community. With all the hype generated by the Millennium Secretariat Office's public relations campaign, Ethiopia's image as a unique country with deeply embedded traditions intermingled with its portrayal as an investment environment that .... 2007 In Brief

 
VERBATIM    
 

The pollution in China is a threat to my health and it would be difficult for me to run 42Km in my current condition.

Athletics icon Haile Gebresellasie told the Reuters last week, after he decided to drop out from marathon race at the Beijing Olympic to be held in August 2008. The response, after he claimed headlines around the world here and abroad, was mixed.

The Ethiopian Athletics Federation told him to obey the country’s sport’s rules, while the International Olympic Committee (IOC) said it is a personal choice that no one will force him to run. Although it said the runner’s decision will not affect the game. China gave him a cold nod, promising to fulfill its commitment of reducing pollution between now and August.

 

 
 
 
 
 
 
 
 
 
 
INTERVIEW-Djibouti’s President, Ismail Omar Guelleh
 

I expect justice to be rendered, by transferring to us the prosecution briefs of the “Borrel Case”. When great powers sign a treaty with small countries, they have this appalling tendency of forgetting... Read More

Struggling for Graduation

 

Walking barefoot, Oumar Gellete, 49, appears to be oblivious of the chilly weather that is typical to 6,063 residents of Bura Totose Kebele, an hour walk from the town of Chacha, 110Kms northeast of Addis Abeba, in the Amhara Regional State. Read More

 
 
View Point

The question that who benefited from globalization varys on who you talk to. It is being debated among not only scholars and policymakers across the world, but also ordinary citizens. The popular belief, according

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Life Matters
 

I was invited to an event at Meskel Square last Saturday where a 100m painting, done by 30 artists was inaugurated ....

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View From Arada
 

Some people were led to believe that the rich had buried their wealth to hide them from the invaders. After the invaders left the ...

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