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Russia on the verge of round of 16 after defeating Egypt

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Russia 2

Russia moved to the brink of qualifying for the last 16 of the World Cup after the host nation beat Mohamed Salah’s Egypt in St Petersburg.

Russia, who beat Saudi Arabia 5-0 in their opening game, took the lead thanks to a bizarre 47th-minute own goal from Ahmed Fathi, who diverted Roman Zobnin’s shot into his own net.

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Denis Cheryshev doubled Russia’s advantage after he finished from Mario Fernandes’ pull-back, before Artem Dzyuba sealed the victory with a fine individual goal.

Liverpool forward Salah, playing for the first time since sustaining a shoulder injury in the Champions League final, converted a penalty after he had been fouled – but it was not enough to mount an Egypt fightback.

Russia will qualify for the last 16 and Egypt will be eliminated from the competition if Saudi Arabia fail to beat Uruguay in Rostov-on-Don on Wednesday.

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Business

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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