Good News

Business Ethiopia

Ethiopia Projects 10.1% Growth

The Ethiopian president has announced a projected 10.1% economic growth for the current fiscal year, with export earnings reaching a record $11.2 billion. The government also targets a 9.62% tax-to-GDP ratio.

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Science Ethiopia

New Type of Magnetism Found

Physicists discover evidence of a third type of magnetism in a new material. This could enable faster and more efficient computers.

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Business Ethiopia

Microsoft Nears $4 Trillion

Microsoft's stock is on track to post its biggest quarterly gain in 28 years, driven by AI security spending. The company's shares are expected to reach $665.

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Business Ethiopia

EBRD Supports Bulgaria Renewables

The European Bank for Reconstruction and Development is expanding its support for renewable energy in Bulgaria with a loan and a memorandum. The loan will support green investments in copper mining.

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Science Ethiopia

Saturn Shines Bright

October skywatchers can see Saturn at opposition, catch meteors from Halley’s Comet during the Orionid peak, and watch the Moon sweep past the Pleiades star cluster. The best viewing should come before dawn after the Moon sets.

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Technology Ethiopia

Reflection AI Launches Beam

Reflection AI launched Beam, an open-weight model it says rivals GLM-5.2, backed by Nvidia and a reported $2B war chest. Beam is an open-weight model built for business customers and developers, with a specific focus on coding and AI-agent tasks.

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Science Ethiopia

Star Consumes Brown Dwarf

Astronomers discover a star slowly eating a brown dwarf 300 light years away. The process is expected to take hundreds of thousands or billions of years.

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Health Ethiopia

Creatine Builds Muscle Without Exercise

A new study suggests that creatine supplements can help build muscle even without a structured workout routine, with participants gaining about 2.4 pounds of lean muscle over 12 weeks. The finding is particularly relevant for middle-aged adults who are at risk of losing muscle mass due to aging.

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Entertainment Ethiopia

David Bowie's 80th Birthday Celebrated

A year-long global celebration of David Bowie's life and legacy has been announced to mark his 80th birthday year, featuring special events, releases, and collaborations. The celebrations will begin in November and continue throughout 2027.

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Politics Ethiopia

Abiy Ahmed Re-Elected

Ethiopia's new parliamentary term begins with Abiy Ahmed as Prime Minister, following the June 1 general election. The Prosperity Party secured a parliamentary majority, giving them the mandate to organize and lead the federal government.

Positive
Entertainment Ethiopia

Primavera Sound Reveals 2027 Lineup

Phoebe Bridgers, Massive Attack, and Doechii are among the headliners for the 25th edition of Primavera Sound Barcelona, which will take place from June 2 to 5. The festival will feature over 150 acts, including Caroline Polachek, Robyn, and Turnstile.

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Lifestyle Ethiopia

British Museum Improves Bayeux Tapestry Access

The British Museum has introduced new measures to make the Bayeux Tapestry more accessible, including longer opening hours and audio guides. Classicist Mary Beard suggested 'tweaks' to the museum's handling of queues after visitors complained of waiting for hours.

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Sport Ethiopia

Thitikul Wins 4th LPGA Title

Jeeno Thitikul has won her fourth LPGA title this season. She overcame a late wobble to win the Lotte Championship.

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Sport Ethiopia

Tuchel praises Alex Scott

Thomas Tuchel says Alex Scott's emergence gives England and Declan Rice competition. Alex Scott has impressed in recent games.

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Sport Ethiopia

Djokovic Beats Zverev

Novak Djokovic defeated Alexander Zverev in the China Open quarterfinals, extending his perfect record in Beijing to 32-0. Djokovic will face Daniil Medvedev in the semifinals.

Positive
Business Ethiopia

Copper Prices Expected to Rise in 2028

Reports from various outlets suggest that copper prices are expected to increase in 2028 due to several trends. According to experts, the demand for copper is expected to rise, driven by the growth of the renewable energy sector and the increasing use of artificial intelligence. This is expected to lead to a copper shortage, which could drive up prices.

Positive
Politics Ethiopia

Ethiopia Takes Steps Towards Peaceful Government Formation

Ethiopia's Chief Commissioner has praised the country's ability to engage in civilized dialogue, as the Ethiopian National Dialogue Commission formally handed over its agenda points and recommendations to government bodies. This move comes as Ethiopia marches towards the peaceful formation of a new government. The development is seen as a significant step towards resolving the country's political differences.

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