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News
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Column
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Oil
Price Widens Ethiopia’s Balance of Trade Gap |
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Ethiopia’s import bill will shoot up by one billion
dollars annually, claiming over a fifth of the
Federal government budget, due to the soaring prices
of oil in the global market, the International
Monetary Fund (IMF) has projected.
The price of oil climbed to an all-time high of
above 135 dollars a barrel on Thursday, May 22,
2008.
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Gov't to Spend $59m to Import Wheat from SA |
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The crisis of soaring grain prices on the
local market has caused Prime Minister Meles
Zenawi's administration to resort to a
response that he had, only two months ago,
rejected as not "affordable and
sustainable". |
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Sunshine Real Estate Transfers Houses to
Buyers |
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Sunshine Real Estate, a subsidiary company
of Sunshine Construction, has transferred
166 luxury homes to buyers yesterday, May
24. The transfer included 151 ground-
plus-one villas located opposite CMC, and
the rest are around Gerji. |
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| Agenda |
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Mesganu Arga, 30, was
drawn from the Ministry of Foreign Affairs (MoFA)
to... |
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| Editor's Note |
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The overall impact of the latest series of
power interruptions is not limited only.... |
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| Economic
Commentary |
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Africa Day, May 25th, offers
us the chance to celebrate Pan-Africanism, to take stock of our great continent
and to ask ourselves what direction we are going in, writes Abdul Mohammed from
Khartoum, Sudan. |
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| Opinion |
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The pain caused by the global
food crisis has led man people to belatedly realize that we have prioritized
growing crops to feed cars instead of people. That is only a small part of the
real problem. |
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VERBATIM |
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We have given back the land, which was occupied in 1996. This
land belonged to Sudanese farmers before 1996. There is not a single individual
who has been displaced at the border as is being reported by some media. |
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Prime Minister, Meles Zenawi, in his address to
members of Parliament on Wednesday, May 21, 2008, in which he
denied the dislocation of farmers from the border between
Ethiopia and Sudan. |
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Last
month, Eritrean troops made an incursion into Djibouti,
after they climbed over a border hill located at Ras Dumera.
The initial response by Djibouti’s government was to play
down the issue; contrary to international diplomatic
practice, Djibouti
..... Read More |
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This time around, with the Revolutionary Democrats allover
the council seats, except for one, it seems that Addis will witness something
new. But what do Addis Abebans have to say about both the outgoing and incoming
administrations?. Fortune has .....
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View Point |
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The
media plays a crucial role in society in the dissemination
of information to the public with regards to events, issues,
laws and policies that prevail. This role inevitably extends
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Life Matters |
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As a resident of Addis Abaccceba, I am at this point
disgruntled, mal-serviced and most of ... |
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View From Arada |
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Although I could not watch the game on TV, I tried
to listen to the FM 102.1 sport’s report on it. Just
... |
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