The Baklaba and Cake cafe was heaving with customers when truck-loads of heavily armed men in fatigues rolled up across the road outside the local government headquarters in Ethiopia’s Amhara region. The men, some carrying two Kalashnikov assault rifles, stormed the building, sending customers enjoying a Saturday afternoon coffee in the cafe diving for cover, […]
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Sri Lanka may need more IMF help as blasts threaten tourism
Sri Lanka faces a likely collapse in tourism following Easter Sunday bomb attacks on churches and hotels, which would deal a severe blow to the island’s economy and financial markets, and potentially force it to seek further IMF assistance. The International Monetary Fund extended last month a $1.5 billion loan for an extra year into […]