Capital lease finances company opens shop

12 August 2019 By Kaleyesus Bekele Ethio Lease to import USD 200 million worth of machineries The National Bank of Ethiopia (NBE) has licensed the first foreign capital lease finance company called Ethio Lease. Ethio Lease was established by African Asset Finance Company, a New York City-based finance company, with a registered capital of 400 million birr. The company plans to […]

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World food security increasingly at risk due to ‘unprecedented’ climate change impact, new UN report warns

8 August 2019 Climate Change More than 500 million people today live in areas affected by erosion linked to climate change, the UN warned on Thursday, before urging all countries to commit to sustainable land use to help limit greenhouse gas emissions before it is too late.   🌍 #IPCC Special Report on #ClimateChange and Land: Land is where we live. Land is under […]

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Tigrai is in danger?

Teodros Kiros (Ph.D)   8-5-19 Introduction Tigray is being circled constitutionally and politically by the Abiy regime in concert with Esaias Afework.  We have to analyze the present movements in Ethiopia, most particularly Abiy’s recent visit of Eritrea. The public is not privy to the purpose of the visit and the actual content of the discussions, which took place in dark alleys, […]

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Coffee Growing Nations Plan UN Protest as Slump Ruins Farmerss

Presidents from coffee-growing nations are planning to use this year’s meeting of the UN General Assembly to demand higher prices from the world’s biggest roasters. Brazil’s President Jair Bolsonaro is one of the leaders expected to join the protest in September, along with Colombia’s Ivan Duque, said Roberto Velez, head of Colombia’s coffee growers federation. “It is not just farmers […]

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Ethiopia: National Security, the Economy and Elections

Elias Dawit 7-25-19 Although unfashionable in today’s political discourse to bring up the ideas of former Prime Minister Meles Zenawi, it is hard to ignore his thinking on issues related to Ethiopia’s national security and economy. In a country of over 100 million people cohabitating together in a rough neighborhood of ethnic, religious, regional and political differences—and increasingly an enormous generational […]

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PM Abiy reforms in Ethiopia lift the lid on ethnic tensions

Ethiopia’s system of ethnic federalism was always going to be vulnerable to politicians playing on atavistic sentiments.And the speed of Mr. Abiy’s reforms has unsettled the four-party coalition that makes up the ruling party. There is acute alienation among Tigrayans .In Oromia and Amhara – the two most populous states – smaller parties have emerged appealing to crude ethnic sentiment […]

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The American economy likely just entered its longest-ever expansion – here’s who benefited in 3 charts

The U.S. economy likely surpassed an important milestone last month: Americans are now experiencing the longest economic expansion in the nation’s history, assuming the data still being collected bears this out.This is certainly good news and something to celebrate. But, as an economist who focuses on income inequality, I believe it’s important to look deeper into the data to see […]

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The Coffee Paradox

About this book Can developing countries trade their way out of poverty? International trade has grown dramatically in the last two decades in the global economy, and trade is an important source of revenue in developing countries. Yet, many low-income countries have been producing and exporting tropical commodities for a long time. They are still poor. This book is a […]

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