I feel for Faysal. That said, all Somalis are being played for fools. Young people need to own their country and condemn these men to history.

President @RTErdogan spoke by phone with Prime Minister Abiy Ahmed Ali of Ethiopia. The call addressed regional and global developments as well as the Türkiye-Ethiopia bilateral relations. President Erdoğan stated that the relations between the two countries are growing stronger each passing day. Underscoring that Türkiye continues its efforts aimed at ending the tension between Somalia and Ethiopia, President Erdoğan noted that steps to be taken by Ethiopia that would eliminate Somalia’s concerns regarding its unity, sovereignty and territorial integrity will facilitate the process. https://x.com/trpresidency/status/1822354837490606387

We are now receiving reports that the Afars are leaving the city of Adayti in the Dhunyar district of western Sitti. https://x.com/BrotherGouled/status/1822326906496192950

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.

Whatever happens, it is the Somali people that will get screwed.

No one trusts HSM. He would sell everything if he can. Ethiopia might be backing down cuz outside pressure. Abiy wants face-saving exit. He cannot pick more battles specially now considering he is taking Western money, IMF and World Bank loans.

Laascaanood

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.

It's a balancing act where you have to take many things into consideration.

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

Hooyadaan captures everyone's sentiment. You can't hide AS in your houses and expect peace. People know who is AS and who is not. You can't capture them and forgive them.

The Parliament is bought and paid for. I hope they rot in hell when their day comes.

HSM simply doesn't care!

HSM and his goons are robbing country, dismantling the security and plotting how to come back to power. They care less how many Somalis die.

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

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

How would the completion of the port look like in terms of size and capacity?

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 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

It is the IMF and World Bank have gotten their way. The devaluation of the Birr will cause more pain in the short term.