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Everything posted by Che -Guevara
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Muse Bihi and Heego might be joining the list soon. HSM will join them soon after if he agrees to give Abiy what he wants.
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No one is giving Ethiopia naval base. HSM will be chased out of town if he agrees to such thing! He's already on shaky ground. Any such agreement will result in his dismissal as he pissed the parliament, regional leaders, politicians, and even the youth who insulted today inside the villa mosque. Abiy wants a way out of this mess and Turkey has invested too much in both countries.
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VP Harris Picks Minnesota Gov Walz as VP candidate
Che -Guevara replied to Che -Guevara's topic in Politics
It's a balancing act where you have to take many things into consideration. -
VP Harris Picks Minnesota Gov Walz as VP candidate
Che -Guevara replied to Che -Guevara's topic in Politics
It had to be middle of the road Christian white male, a safe choice. -
Here he is wishing Somalis a happy independence day https://x.com/kingofSomaliaa/status/1820868724817326297?t=2eaz2A2CnpZ5CCgQuAvOBA&s=19
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Israel Humbled as America sends more weapons
Che -Guevara replied to Che -Guevara's topic in Politics
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Ethiopia becomes Africa's latest sovereign default
Che -Guevara replied to Duufaan's topic in Politics
IMF Approves $3.4 Billion Funding Program for Ethiopia https://www.bloomberg.com/news/articles/2024-07-29/imf-approves-3-4-billion-funding-program-for-ethiopia -
Ethiopia becomes Africa's latest sovereign default
Che -Guevara replied to Duufaan's topic in Politics
My Take on Macro-Economic Reform Program Policy Statement According to Prime Minister Abiy Ahmed, the policy change in Ethiopia will have serious consequences for the country's economy and its poor people. The analysis of possible results is as follows. 1. Market-based Foreign Exchange Rate: - A possible devaluation of the Ethiopian Birr will occur, making imports more expensive and causes inflation. - This policy change can have a negative impact on the poor, who spend a large part of their income on essential goods. 2. Monetary policy based on interest rate: - Higher interest rates may attract foreign investment but at the same time increase borrowing costs for domestic businesses and individuals. -Thus, this may limit access to credit for small-scale farmers and entrepreneurs, thereby increasing poverty levels. 3. Fiscal Policy: - The implementation of austerity measures aimed at reducing the budget deficit may reduce essential public services and social programs. - This reduction could disproportionately affect the poor who depend on these services. 4. Government Debt Management:- - Increased borrowing from international institutions such as the IMF and the World Bank may introduce stricter conditions, including privatization and deregulation. - Such measures may reduce government control over key sectors, harming the poor and vulnerable populations. Looking at Ethiopia's special situation: - Defects in good governance: The policy transition can be carried out without adequate supervision, which increases the risk of corruption and mismanagement. Underdeveloped infrastructure: It can divert attention and resources from infrastructure development to economic reforms. - Agricultural predominance: As 85% of the population is engaged in agriculture, the reforms may not directly meet their needs, which may exacerbate poverty and inequality. Finally although the policy transition is aimed at stabilizing the economy and attracting foreign investment, the potential damage to the poor population in Ethiopia is serious. It is important for the government to carefully implement these reforms and mitigate the negative effects by developing strong social protection programs with a deep understanding of the vulnerable sections of the society. The government must provide special protection and incentives to farmers and small businesses. I hope extreme devaluation won’t happen soon. https://x.com/HabtishGurmu/status/1817721182210130055?t=BRX9b_Vyc1cQHX5QrtxYWQ&s=19 -
Garacad port is a great lesson for Somalis every where
Che -Guevara replied to galbeedi's topic in Politics
How would the completion of the port look like in terms of size and capacity? -
Ethiopia becomes Africa's latest sovereign default
Che -Guevara replied to Duufaan's topic in Politics
News: Birr devaluates by initial 30% as Ethiopia introduces market-based exchange regime Birr depreciates by initial 30% as Ethiopia introduces market-based exchange regime - Addis Standard ADDISSTANDARD.COM Birr depreciates by initial 30% as Ethiopia introduces market-based exchange regime Addis Standard - -
Ethiopia becomes Africa's latest sovereign default
Che -Guevara replied to Duufaan's topic in Politics
Ethiopia is about to face the TOUGHEST austerity measure, perhaps in the modern financial history of the country. Forced upon it by @IMFNews the depreciation of #Ethiopia currency (birr) may cause not only economic problem, but also social unrest & security challenges, https://x.com/NatyYifru/status/1817602319816540310 -
Ethiopia becomes Africa's latest sovereign default
Che -Guevara replied to Duufaan's topic in Politics
It is the IMF and World Bank have gotten their way. The devaluation of the Birr will cause more pain in the short term. -
Ethiopia becomes Africa's latest sovereign default
Che -Guevara replied to Duufaan's topic in Politics
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Ethiopia becomes Africa's latest sovereign default
Che -Guevara replied to Duufaan's topic in Politics
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Farmaajo's Re-election Campaign Kicks off in Doha
Che -Guevara replied to Che -Guevara's topic in Politics
That could be HSM's legacy. -
Sababta hoggaanimada Laftagareen loo diidanaa...
Che -Guevara replied to Miskiin-Macruuf-Aqiyaar's topic in Politics
I like to see what the say when SW firmly controls Marka, Barawe and every district in Lower Shabelle. -
Next Ethiopian War: Eritrea/Amhara vs Tigray/Abiy
Che -Guevara replied to Che -Guevara's topic in Politics
Like HSM, Abiy will eventually betray every 'ally'. He is now back to threatening Tigray.