Blog Archives

Bye, Bye Karuturistan, Ethiopia!

Karuturistan RRIP: A post-mortem on Karuturistan, Ethiopia

It was too good to be true. It is too bad it was true for the people of Gambella in western Ethiopia.

Last month, the ignoble demise of Karuturi  Global, Ltd.  (a/k/a “Ethiopian …

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Posted in Ethiopia News

Ethiopia’s “Odious Debt” to the Odious World Bank

FEBRUARY 8, 2015 10:57PM

WBEthiopia as “sovereign deadbeat” state due to debts incurred by the T-TPLF

In my last commentary, The World Bank and Ethiopia’s “Growth and Transformation”, I cryptically observed in passing, “… The USD$600 million is money

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Posted in Ethiopia News

The World Bank and Ethiopia’s “Growth and Transformation”

Growth Transformation10The World Bank lies, Ethiopia dies… from onerous “odious debt”

I had completely forgotten about the so-called “Growth and Transformation Plan” (GTP) of 2010, until the World Bank reminded me of it last week.

That “Plan” was the late Meles …

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Posted in Ethiopia News