Search results
Results from the WOW.Com Content Network
The Main Ethiopian Rift is geologically active and susceptible to earthquakes. Hot springs and active volcanoes are found in its extreme east close to the Red Sea. Elsewhere, the land is subject to erosion, overgrazing, deforestation, and frequent droughts. Water shortages are common in some areas during the dry season.
The 1983–1985 famine in Ethiopia had a death toll of 1.2 million, leaving "400,000 refugees outside the country, 2.5 million people internally displaced, and almost 200,000 orphans." [20]: 44 [22] The majority of the dead were from Tigray and other parts of northern Ethiopia. [23] 2003 A severe drought affected 13.2 million people in 2002/2003.
Ethiopia joined the BRICS economic alliance in January 2024. [36] While Ethiopia does not currently have a stock exchange, it did have one in the past during the reign of Emperor Haile Selassie I, called an 'ākisīyoni gebeya.' It now has a commodity exchange in Addis Ababa called the Ethiopia Commodity Exchange, established in 2008. [37]
The 113-day streak r. PHOENIX (Reuters) -The desert city of Phoenix, Arizona, suffered a record 113 straight days with temperatures over 100 degrees Fahrenheit (38 degrees Celsius) this year ...
A quantitative measure of the famine are grain prices, which show high prices in eastern and central Tigray, spreading outward after the 1984 crop failure. [1] A major drain on Ethiopia's economy was the ongoing civil war, which pitched rebel movements against the Soviet and Cuban-backed Derg government. This crippled the country's economy ...
Ethiopia had an average inflation rate of 26% in 2021 and 30% in 2022, something that was largely driven by a rise in food prices; [27] in February 2023, the overall inflation rate reached 32%, [28] and Ethiopia continued to experience high inflation by September 2023, with commonly purchased food items becoming more expensive. [29]
At the beginning of the twentieth century around 420,000 square kilometres (35% of Ethiopia's land) was covered by trees but recent research indicates that forest cover is now less than 14.2% due to population growth. Despite the growing need for forested lands, lack of education among locals has led to a continuing decline of forested areas.
Climate change in Ethiopia is affecting the people in Ethiopia due to increased floods, heat waves and infectious diseases. [4] In the Awash basin in central Ethiopia floods and droughts are common. Agriculture in the basin is mainly rainfed (without irrigation systems). This applies to around 98% of total cropland as of 2012.