Bond: Ethiopia becomes Africa’s latest sovereign default

Bond: Ethiopia becomes Africa’s latest sovereign default

According to two sources familiar with the situation, bondholders had not been paid the coupon as of the end of Friday December 22, the last international banking working day before the grace period expires.

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Moscow admits Ukrainian Air Force had inflicted damage on its giant warship on Crimean port

Moscow admits Ukrainian Air Force had inflicted damage on its giant warship on Crimean port

Although a Ukrainian counteroffensive has made little in the way of battlefield gains and the Russian military has regained the initiative in several places, Ukraine has been able to launch a series of attacks on Crimea, the headquarters of Russia’s Black Sea Fleet, inflicting serious damage.

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Stolen right to land: Why are young Ugandan graduates joining risky slave labour in Middle East?

Stolen right to land: Why are young Ugandan graduates joining risky slave labour in Middle East?

What we are seeing is a volcano waiting to explode. The grabbed land belongs to Ugandans, not the grabbers. Tomorrow Ugandans will grab it back to themselves from those pretending to be the owners of the land. The graduate slaves, will one day come to the realisation that their generation has been cheated, exploited and wasted. It will be like the slaves of USA who struggled to free themselves.

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Israel PM vows ‘Hamas must be destroyed, Gaza demilitarised and Palestinians deradicalised’

Israel PM vows ‘Hamas must be destroyed, Gaza demilitarised and Palestinians deradicalised’

Nearly 20,700 Gazans have been killed, including 250 in the last 24 hours, according to authorities in Hamas-ruled Gaza.

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Biden orders retaliatory strikes on Iranian-aligned group after US troops are injured in drone attack

Biden orders retaliatory strikes on Iranian-aligned group after US troops are injured in drone attack

Within hours, Biden convened his nationals security team for a call in which Austin and Gen. CQ Brown, the chairman of the Joint Chiefs of Staff, briefed Biden on the response options. Biden opted to target three locations used by Kataib Hezbollah and affiliated groups, the official said.

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