Ethiopia has taken a significant step towards economic liberalization. The country recently announced a new directive allowing foreign investors to enter its retail and wholesale markets. This move marks a shift from Ethiopia’s long-standing protectionist policies. The Ethiopian Investment Commission has granted licenses to 21 companies under this new directive. Thirteen of these licenses are […]
Related Posts
U.S. experiences decline in millionaires in 2022 for the first time since 2008
In a recent economic shift not seen since 2008, global wealth witnessed a 2.4% decrease, reducing the number of millionaires in the United States by over 1.6 million. Reports from UBS and Credit Suisse highlighted that depreciating major global currencies played a key role in this wealth decline. Their global wealth study identified the U.S. […]

New stealthy submarine glider set for autonomous undersea missions
The ocean depths are a new frontier explored by humans and autonomous vehicles. Leading the charge is Northrop Grumman’s innovative Manta Ray uncrewed underwater vehicle (UUV), a technological innovation set to revolutionize undersea missions. The Manta Ray UUV was built through a Defense Advanced Research Projects Agency (DARPA) program. It is a testament to human […]
Israel Says Hamas Prevents U.S. Citizens from Leaving Gaza
Mark Regev, an advisor to Israel’s Prime Minister, said that Americans in Gaza can’t leave due to Hamas restrictions. In an interview with CNN International, he stated that the only way out is through the Rafah crossing into Egypt. All other exits through Israel are now war zones and are not accessible. According to Regev, […]