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00:06:35Egyptian pound falls to all-time low as a result of economic difficulties
An $8 billion loan to Egypt has been approved by the International Monetary Fund. As per the country's premier, the agreement will aid in reestablishing economic equilibrium. The news was made as the value of the Egyptian pound fell to an all-time low compared to the US dollar. Interest rates have increased by 600 basis points by Egypt's central bank. One of the main requests of the IMF for Egypt was devaluation.
#egypt #egyptianpound #imf00:03:29Ethiopia honors Jesus' baptism
Ethiopian Orthodox Christians commemorated Jesus' baptism on Timket, a feast held in the country's capital, Addis Ababa. The custom of each church carrying a tabot, a holy duplicate of the ark of the covenant, marked the beginning of the UNESCO-listed festival of the Epiphany.
#timket #ethiopia
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