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Tigray waits for aid after truce agreed in Ethiopia’s civil war

  Bloomberg Aid has trickled into parts of Ethiopia’s war-torn Tigray region since federal and rebel forces declared a truce late last month after 17 months of fighting, but has only reached a tiny proportion of the millions of people who need it so far. The World Food Programme dispatched 20 trucks carrying food and other supplies to Tigray on ...

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China hesitates on bailing out its ‘friends’

  Bloomberg Over the past few years, the US has accused China of using “debt diplomacy” to make developing nations across the world more dependent on Beijing. Yet the cases of Sri Lanka and Pakistan — both friends of China facing dire financial situations as inflation soars — show that President Xi Jinping’s government is becoming more reluctant to pull ...

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Sri Lankan PM Rajapaksa ready to meet with protesters

  Bloomberg Sri Lankan Prime Minister Mahinda Rajapaksa is ready to meet the protesters, who are holding rallies for the past five days and calling for the ouster of the government for its economic policies that have brought the county to the brink of a debt default. “Understanding that this is a tough time for all of us, I invite ...

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