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Simeone banned for Europa League final

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1 Diego Simeone

Atletico Madrid coach Diego Simeone will be forced to watch the Europa League final against Marseille from the stands after receiving a four-match European ban for insulting a referee, UEFA said on Friday.

Simeone was ordered from the touchline during last week’s 1-1 draw in the first leg of their semi-final with Arsenal after a heated exchange with French referee Clement Turpin.

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The Argentine watched Thursday’s 1-0 home win in the return leg, which secured a 2-1 aggregate victory and a place in the final, from the directors’ box at the Wanda Metropolitano.

Simeone will now also miss the May 16 final in Lyon and his side’s first two European matches of next season, while he was hit with a fine of 10,000 euros ($12,000).

UEFA’s disciplinary committee also charged Marseille after away supporters set off fireworks and threw objects during the second leg of their semi-final at Salzburg.

Austria’s Salzburg risk punishment themselves following a pitch invasion by fans and the throwing of objects, as well as a charge of improper conduct levied against club official Harald Lurzer.

Marseille won the tie 3-2 on aggregate despite losing the second leg 2-1 after extra time.

A decision on the cases will be made on May 31.

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Absa became the new competitor on the Ethiopia market.

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Absa Bank Of South Africa’s  has become the Latest Multinational Corporation to show Interest in Organizing the Ethiopia market.

Ethiopia has since Prevented Foreign Ownership in Economic Sectors that Includes Banking but Abiy Ahmed has began to take fast Action on the issue since he came to power in April.



Jason Quinn, the bank’s chief financial officer, told reporters that Absa was investigating on how and where to enter in a number of populating market, including Nigeria and Angola.

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Am Entrance made into the Ethiopia market of 100 million People, would be part of a Scheme made by Absa after it break from Britain’s Barclays in 2017.

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Ethiopia has plans to liberalise state-owned companies including Ethiopian Airlines, Ethio Telecom, Ethiopian Shipping & Logistics Services Enterprise, and Ethiopian Electric Power, in order to attract foreign direct investment and stimulate growth.

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Motherland News

Black box of the Ethiopian Airline Crash recovered.

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The United Nations described the Sunday crash of the Ethiopia airline as disastrous saying it has cost them a great loss.



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Michael Moller, director-general of the U.N. European head garters said this was the worst loss suffered in years in Geneva in a statement where 150 people where gathered.

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Investigators in Ethiopia have recovered the black box from the ill-fated Ethiopian airline this Sunday.

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