Ethiopia’s economy has shown remarkable resilience, achieving an impressive 8.1% growth in the fiscal year ending July 7, 2024. This growth comes despite ongoing conflicts and global economic pressures. Minister of Planning and Development, Fitsum Assefa, shared these encouraging figures at a recent meeting. The industrial sector played a crucial role, expanding by 9.2%. Large […]
Related Posts
Peruvian government extends state of emergency amid planned protests
The Peruvian Government has announced a 30-day extension of the state of emergency on major national highways in response to planned anti-government protests. The Prime Minister of Peru, Alberto Otárola, stated that the measure aims to ensure unhindered movement during the upcoming week, despite scheduled marches on Wednesday. The affected areas include the Corredor Vial […]
Gulf Clan’s Rise Tests Colombia’s Peace Ambitions
The Gulf Clan, now called the Gaitanist Army of Colombia, significantly challenges President Gustavo Petro’s complete peace initiative. A legal framework is essential for dialogue with this leading armed group, states the Ideas for Peace Foundation (FIP) in a new report. This document reviews previous negotiation efforts with the country’s largest narcotrafficking gang. Talks with […]
Petrobras and the Paradox of Oil in Brazil’s Energy Transition
Magda Chambriard, at 66, steps into her role as Petrobras’ new president amid a global push for sustainable energy. Yet, she champions expanding oil exploration in Brazil. In Rio de Janeiro, Chambriard argues that oil revenue is crucial to fund Brazil’s transition to sustainable energy practices. She points to the equatorial margin, especially block 59 […]