Ethiopia and Eritrea sever ties over conflict

Ethiopia and Eritrea have severed their diplomatic ties due to a conflict between the two neighboring countries. This move comes after Ethiopia declared ten Eritrean diplomats persona non grata, a step that signifies they are no longer welcome in the country. The escalation in tensions between the two nations is likely to have significant economic implications, particularly for trade and investment in the region.

Why it matters

Ethiopia and Eritrea are escalating their conflict, which could lead to instability in the region. This could negatively impact investor sentiment and economic growth in the area.

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