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🇪🇹Ethiopia president replaced after falling out with PM

Ethiopia's parliament has approved the appointment of a new president to replace the country's first female head of state, Sahle-Work Zewde.

Taye Astike Selassie, foreign minister since February, has taken up the largely ceremonial role. In Ethiopia, political power lies with the prime minister - currently Abiy Ahmed.



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🇪🇹Ethiopia president replaced after falling out with PM

Ethiopia's parliament has approved the appointment of a new president to replace the country's first female head of state, Sahle-Work Zewde.

Taye Astike Selassie, foreign minister since February, has taken up the largely ceremonial role. In Ethiopia, political power lies with the prime minister - currently Abiy Ahmed.

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At this point, however, Durov had already been working on Telegram with his brother, and further planned a mobile-first social network with an explicit focus on anti-censorship. Later in April, he told TechCrunch that he had left Russia and had “no plans to go back,” saying that the nation was currently “incompatible with internet business at the moment.” He added later that he was looking for a country that matched his libertarian ideals to base his next startup. Stocks dropped on Friday afternoon, as gains made earlier in the day on hopes for diplomatic progress between Russia and Ukraine turned to losses. Technology stocks were hit particularly hard by higher bond yields. Some people used the platform to organize ahead of the storming of the U.S. Capitol in January 2021, and last month Senator Mark Warner sent a letter to Durov urging him to curb Russian information operations on Telegram. In the past, it was noticed that through bulk SMSes, investors were induced to invest in or purchase the stocks of certain listed companies. On Telegram’s website, it says that Pavel Durov “supports Telegram financially and ideologically while Nikolai (Duvov)’s input is technological.” Currently, the Telegram team is based in Dubai, having moved around from Berlin, London and Singapore after departing Russia. Meanwhile, the company which owns Telegram is registered in the British Virgin Islands.
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