Eritrea accuses Ethiopia of destabilising region

Eritrea has accused Ethiopia of destabilising the region, citing Ethiopia's escalating war rhetoric over the past three years. This move is significant for markets as it indicates rising tensions between the two countries, which could impact regional trade and economic stability. The escalating tensions may also lead to increased security risks and instability in the Horn of Africa, affecting global trade routes and commodity prices.

Why it matters

Eritrea is accusing Ethiopia of escalating war rhetoric, which could lead to increased tensions in the region. This could negatively impact investor sentiment and stability in the area.

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