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Oil price falls below $28 a barrel as Iran sanctions lifted
(EBC, January 18, 2016)- The oil price has fallen below $28 a barrel amid fears the lifting of Western sanctions on Iran could worsen the existing oversupply problem. Brent crude,…
Ethiopia, China agree to cooperate in media, communication
Addis Ababa, January 18, 2016 (FBC) –Ethiopia and China have today signed an agreement to cooperate in media and communication sectors. Government Communication Affairs Office (GCAO) State Minister, Firehiwot Ayalew,…
MEtEC manufacturing modern boats
Addis Ababa, January 16, 2016 (FBC) – Metals and Engineering Corporation’s (MEtEC) locomotive industry has began manufacturing modern boats. The Corporation is ready to supply its products to local market…
Ethiopia, U.S. to consolidate dev’t, counter-terrorism cooperation
Addis Ababa, January 16, 2016 (FBC) – The United States (U.S.) has praised Ethiopia’s foremost role to bring peace and stability both in South Sudan and Somalia. A U.S. delegation…
Obama keeps the Ethiopian arthodox church cross as his lucky charm
Obama and Ethiopian Orthodox Church cross…