Ethiopia

 

 The UN Intergovernmental Panel on Climate Change (IPCC) The Intergovernmental Panel on Climate Change (IPCC) was set up by the World Meteorological Organization (WMO) and United Nations Environment to provide an objective source of scientific information. .

 

 Global Energy.

Lower for longer

The big problem for Aramco is the outlook for oil prices, with Brent crude futures, the global benchmark, still 33% lower than they started the year. Between April and June, Aramco's net profit plunged more than 73% to $6.6 billion as lockdowns necessitated by the pandemic sharply reduced demand for energy products.

CEO Amin Nasser said last month that as economies begin to reopen, demand is experiencing a "partial recovery." Still, analysts are pushing back their horizons for a full recovery, while some in the industry are openly questioning whether global oil demand has already peaked.

Jim Burkhard, head of oil markets at IHS Markit, recently told clients that demand won't reach pre-pandemic levels until at least the end of the first quarter of 2021.

"For demand to fully return, travel — especially air travel and commuting to work — needs to get back [to] normal," Burkhard said in a research note. "And that won't happen until there is containment of the virus and effective vaccines."

This backdrop is particularly problematic for Aramco because it's saddled with $75 billion in annual dividends for the next five years.

Those dividends were a central part of the pitch to investors during its initial public offering in December, and are a crucial reason Aramco is still worth $1.9 trillion, making it the world's second most valuable public company behind Apple (AAPL). Shares currently trade about 13% above their IPO price.

 

Another Nigerian caught in Saudi Arabia with 1,1

 

How can Egypt dictate Ethiopia? Territory and integrity of the nation. This Constitution establishes a Federal and Democratic State structure. Accordingly, the Ethiopian state shall be known as the Federal Democratic Republic of Ethiopia.

 

Territory and integrity of the nation, international law. Trump is executive officer. execute laws that congress passed. US President Donald Trump says Egypt may end up blowing up the Grand Ethiopian Renaissance Dam because Ethiopia has reportedly broken deal to resolve...

 

 

Ethiopian Parliament will discuss a draft resolution presented by U.S. Congress Member Karen Bass (D-CA), Chair of the House Foreign Affairs Subcommittee on Africa, calling on....Grand Ethiopian Renaissance Dam in a manner that preserves the rights of Ethiopia, Sudan, and Egypt.

 

UN High Commissioner for Human Rights Michelle Bachelet called on all relevant actors to de-escalate the volatile situation in the Ethiopian region of Tigray and and to engage in an inclusive dialogue aimed at resolving grievances without resorting to violence.

The High Commissioner expressed concern about the restrictions imposed on people of Tigray, including on the rights to freedom of movement and freedom of expression. Internet connections and telephone lines have been cut since 3 November, hampering the local population’s ability to communicate and receive vital information, including about the fast-unfolding situation in their region.

“Cutting off communication has severely hampered the ability to monitor the situation on the ground, particularly the impact of the clashes in the local population,” Bachelet said. “I call on the national authorities to re-establish all basic services, including Internet and telephone connections. The right of all people to be informed and to access information is particularly vital in a crisis situation.”

 

Bachelet also expressed concern at reports indicating that a group of armed assailants assaulted members of the Amhara ethnic group in Wollega zone, Oromia region, on Sunday, 1 November. According to the Government, the attack resulted in the killing of 32 people. Other sources have reported that the number of casualties could be much higher.

“Unaddressed, such violence only leaves desolation, feeds revenge and leads to further intercommunal clashes and to more casualties and displacement in the country,” she said.

“I call for prompt, thorough, independent and impartial investigations into all of these incidents and for the Government to ensure those responsible are held accountable. I also call on the federal and regional authorities to ensure protection of the population and to establish across the country the necessary social, economic, security and political measures to break the cycle of violence and foster trust among communities,” the UN High Commissioner said.

“I am confident that Ethiopians can succeed on the path to social inclusion and economic and social development with full respect for human rights and fundamental freedoms. They can count on the support of my Office.”

 

 The Grand Ethiopian Renaissance Dam (GERD or TaIHiGe; Amharic: ታላቁ የኢትዮጵያ ሕዳሴ ግድብ, romanized: Tālāqu ye-Ītyōppyā Hidāsē Gidib), formerly known as the Millennium Dam and sometimes referred to as Hidase Dam (Amharic: ሕዳሴ ግድብ, romanized: Hidāsē Gidib), is a gravity dam on the Blue Nile River in Ethiopia under construction since 2011. The dam is in the Benishangul-Gumuz Region of Ethiopia, about 15 km (9 mi) east of the border with Sudan.^[6]

 

 

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