IMF raises 2023 global growth forecast on China’s reopening

 The International Monetary Fund (IMF) on Monday estimated that China’s economy will grow by 5.2 percent in 2023, 0.8 percentage points higher than its October 2022 forecast. “Growth is expected to pick... Read more »

 UAE and France to explore investable opportunities to boost clean energy sector

Projects will be developed jointly and Abu Dhabi’s Masdar will lead the initiative on behalf of  the Emirates  The UAE and France have agreed to develop commercial and other investable opportunities as... Read more »

Samsung profits sink to 8-year low as smartphone and PC demand drops

Samsung’s quarterly profits have plunged to their lowest level in eight years as customers snapped up fewer cell phones and laptops. The tech giant reported operating profit of 4.3 trillion Korean won... Read more »

U.S. to end COVID-19 emergency declarations on May 11

U.S. President Joe Biden’s administration on Monday said it will end COVID-19 emergency declarations on May 11, nearly three years after the country imposed sweeping pandemic measures to curb the spread of... Read more »

 ChatGPT: Challenges and opportunities for financial services

It’s been decades since algorithmic trading transformed Wall Street with its high-frequency trading, and years since the financial services industry began to integrate artificial intelligence in areas such as fraud detection, lending... Read more »

 The power of Diasporas

BY EYUEL KIFLU Despite its gloomy face, migration is also a blessing in disguise for both migrants and their countries of origin. That is why countries that have large diaspora communities abroad... Read more »

Anti-corruption struggle should be led by qualified personnel

BY GIRMACHEW GASHAW Today’s Guest Samuel Kasahun is executive manager of Transparency International Ethiopia. The Ethiopian Herald made a short stay with him to learn about the anti-corruption movement that has been... Read more »

Timket festival promotes domestic tourism  BY TEWODROS KASSA The Ethiopian Airlines flight to Gondar has grown to more than twenty times during the recent Ethiopian Timket festival. The Ethiopian Airlines announced that... Read more »

 Ramping up tourism in Ethiopia

BY FITSUM GETACHEW During the past few years tourism in the world as a whole has undergone a huge set back due to most significantly the COVID pandemic. Conflicts here and there... Read more »

The age-old bond between Ethiopia, Israel

BY DANIEL ALEMAYEHU In the present climate, the essence of globalization has become a tool to connect people to people and nations to nations. In this regard, the idea of living together... Read more »