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Today in History: Adolf Hitler and Benito Mussolini sign a “Pact of Steel”.

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Again we pesent to you past years events that took place this day the twenty second of May .

1868 – The “Great Train Robbery” takes place as seven members of the Reno Gang make off with $98,000 in cash from a train’s safe in Indiana.

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1882 – The United States formally recognizes Korea.

1939 – Adolf Hitler and Benito Mussolini sign a “Pact of Steel” forming the Axis powers.

3 May

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1972 – Ceylon becomes the Republic of Sri Lanka as its constitution is ratified.

1990 – In the Middle East, North and South Yemen merge to become a single state.

2011 – An EF5 tornado kills at least 158 people in Joplin, Missouri, the largest death toll from a tornado since record-keeping began in 1950.

2015 – The Republic of Ireland, long known as a conservative, predominantly Catholic country, becomes the first nation in the world to legalize gay marriage in a public referendum.

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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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