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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.
🇪🇹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.
"And that set off kind of a battle royale for control of the platform that Durov eventually lost," said Nathalie Maréchal of the Washington advocacy group Ranking Digital Rights. Update March 8, 2022: EFF has clarified that Channels and Groups are not fully encrypted, end-to-end, updated our post to link to Telegram’s FAQ for Cloud and Secret chats, updated to clarify that auto-delete is available for group and channel admins, and added some additional links. On Feb. 27, however, he admitted from his Russian-language account that "Telegram channels are increasingly becoming a source of unverified information related to Ukrainian events." And indeed, volatility has been a hallmark of the market environment so far in 2022, with the S&P 500 still down more than 10% for the year-to-date after first sliding into a correction last month. The CBOE Volatility Index, or VIX, has held at a lofty level of more than 30. At the start of 2018, the company attempted to launch an Initial Coin Offering (ICO) which would enable it to enable payments (and earn the cash that comes from doing so). The initial signals were promising, especially given Telegram’s user base is already fairly crypto-savvy. It raised an initial tranche of cash – worth more than a billion dollars – to help develop the coin before opening sales to the public. Unfortunately, third-party sales of coins bought in those initial fundraising rounds raised the ire of the SEC, which brought the hammer down on the whole operation. In 2020, officials ordered Telegram to pay a fine of $18.5 million and hand back much of the cash that it had raised.
from ua
