Ethiopia Financial News

The prices on the menu have been erased at a small hotel in a suburb of Ethiopia’s capital

Mint has reviewed the correspondence.Such cookstoves are used in African countries such as Nigeria and Ethiopia and elsewhere in Brazil.The push by ISMA and GEMA comes in the backdrop of India’s ethanol makers also lobbying the government for higher ethanol blends in vehicle fuels and to find more use-cases for the country’s surplus ethanol production, as reported by Mint earlier. They have been seeking incentives for flex-fuel vehicles which run on very high ethanol blending, and higher procurement of ethanol by oil marketing companies.

Subscribe to enjoy similar stories. Last week, Amul launched Sarlaben, an AI-powered digital assistant for dairy farmers in Gujarat. It will benefit over 3.6 million milk producers, most of them women, across more than 18,500 villages.

Ukraine but also in the rising number of civil wars (in Sudan and Ethiopia, to name only two) and cross-border conflicts elsewhere. So, from the perspective of the end of 2025, it looks as if this decade will be remembered for a global pandemic, the first war waged by a great power in Europe since WWII, Middle East carnage, a deepening climate crisis, and disorder.But recall that in 1941—when the rise of fascism had plunged the world into even more widespread war and despair—something unexpected happened.

One, draconian limits on refugees: Admissions had grown under Joe Biden, swamping US support systems.On Trump’s first day in office, he pivoted to the other extreme with an executive order that shut the Refugee Admissions Program, leaving thousands of refugees stranded, including those with applications in process. The new admission rate is just 7,500.Trump has decried immigrants from what he calls ‘Third World’ countries and been vocal about a preference for White immigrants.

Subscribe to enjoy similar stories. New Delhi: As the India-Oman free trade agreement (FTA) is set to be signed on Thursday during Prime Minister Narendra Modi’s visit to Muscat, the deal is being positioned as a key pillar of India’s expanding economic and strategic engagement with the Gulf, even as its immediate trade upside remains measured by the size of Oman’s market. The Comprehensive Economic Partnership Agreement (CEPA) will be the final stop of the Prime Minister’s three-nation tour, which included Jordan and Ethiopia.

Church of the Holy Sepulchre in Israel. Undeterred by the region's unrest, these devotees undertook a journey to the Holy Sepulchre, which houses Christ's tomb, driven by faith. For centuries, Christians worldwide have flocked to this revered site, and for Keralites, especially Christian faithfuls, its appeal remains strong. The data from the Israel Ministry of Tourism (IMOT) reveals that 9,600 Indian tourists visited Israel in 2024, with 50 per cent of them travelling for pilgrimage--most of them from Kerala.

External Affairs Minister Dr S Jaishankar, currently on a visit to the United Kingdom, has addressed key global economic issues, including the role of the US dollar, BRICS' position on de-dollarisation, and the internationalisation of the Indian rupee. Speaking at Chatham House in London, he dismissed speculation that India is working to replace the US dollar as the world’s primary reserve currency. «I don't think there's any policy on our part to replace the dollar. As I said, at the end of the day, the dollar as the reserve currency is the source of international economic stability, and right now, what we want in the world is more economic stability, not less,» he said.

The agency is implementing strict profiling measures for passengers heading to 15 countries such as Saudi Arabia, Iran, Iraq, Turkiye, Qatar, Azerbaijan, Kuwait, Kyrgyzstan, Russia, Egypt, Libya, Ethiopia, Senegal, Mauritania, and Kenya. According to a report submitted to the Lahore High Court (LHC) regarding a petition from a pilgrim denied travel to Saudi Arabia for Umrah, the FIA stated that travelers must possess a clear travel purpose, confirmed hotel bookings, and adequate financial resources. The FIA also mentioned that those traveling for Umrah should have sufficient religious understanding, as reported by Dawn.

Subscribe to enjoy similar stories. Avera Mengistu, his image on a TV screen, became a symbol for Israelis of Ethiopian descent of their marginalized position in Israeli society. At Tel Aviv’s makeshift Hostage Square, a clock counts the days, hours, minutes and seconds that Hamas has held captives since its attacks in October 2023 that sparked the war in Gaza.

Saudi Arabia has announced a significant visa policy change affecting travelers from 14 countries, including India. The government will now issue only single-entry visas for tourism, business, and family visits, suspending the previous one-year multiple-entry visas indefinitely.

Alexander Hart Tsang knows his time is coming to an end.“I can feel it in my body. Its deteriorating,” the 78-year-old Edmonton senior said.“I know my whole body — inside — is shutting down.”Over the last 16 years, he’s battled liver cancer.Alexander has undergone radiation, chemotherapy, immunotherapy and other medical procedures — but nothing cured him.“I didn’t get cancer overnight.

Subscribe to enjoy similar stories. Neil Warburton was finishing up his breakfast of porridge and local honey when the armed soldiers converged. The Australian veteran mining executive had flown to southern Ethiopia in 2023 to check on progress at his lithium mine.

Subscribe to enjoy similar stories. An unprecedented explosion of conflicts has carved a trail of death and destruction across the breadth of Africa—from Mali near the continent’s western edge all the way to Somalia on its eastern Horn.

A machinists strike

Three African leaders seeking to head the African Union have detailed their plans for regional security amid conflicts and political coups while strongly advocating for inter-Africa trade

A federal judge has rejected a deal that would have allowed Boeing to plead guilty to a felony conspiracy charge and pay a fine for misleading U.S. regulators about the 737 Max jetliner before two of the planes crashed, killing 346 people

Subscribe to enjoy similar stories. The president-elect of the US, Donald Trump, has threatened the Brics nations with 100% tariffs should they create their separate currency or back any other currency in their attempt to move away from the dollar.

Trump has threatened retaliation against governments that challenge the US dollar, vowing «100 percent tariffs» on countries that undercut the US currency. The Republican vowed the action on states that «create a new BRICS Currency» or otherwise «replace the mighty US dollar,» according to a post on Truth Social on Monday. BRICS refers to a grouping that includes Brazil, Russia, India, China and South Africa, and has expanded in recent years to include Iran, Egypt, Ethiopia and the United Arab Emirates.

Shares have started the week higher in Asia, led by gains in China as monthly surveys showed improving conditions for manufacturing

President-elect Donald Trump is threatening 100% tariffs against a bloc of nine nations if they act to undermine the U.S. dollar

Society of Jesus, or Jesuits, wanted to use this hot new technology — just over a century old — to spread Christianity in the East. This press was meant for Abyssinia (Ethiopia), but the winds took it round Africa and up to India, where it docked in Goa. It was getting ready to sail again, when it was learned that the Abyssinian emperor no longer wanted it. Francis Xavier, one of the Jesuits’s founders, had established a strong presence in Goa. So, when this news came, the Jesuits quickly set up the press. Printing using carved surfaces may have existed in India before this, but this press produced the first Indian books using movable type. This was in Roman script, but attempts were made to cast types in Indian scripts, first Tamil and then Devanagari. The earliest texts were religious, but in 1563, the press printed a book whose title translates as Colloquies on the Simples and Drugs of India (1563). Written by physician and naturalist Garcia da Orta in the form of dialogues with a fictional friend named Ruano, it describes the useful plants of India. Through the conversations, which include visits to patients, a fascinating picture emerges of the trading world of India and the Arabian Sea.