this post was submitted on 29 Jul 2024
17 points (100.0% liked)

World News

38550 readers
2687 users here now

A community for discussing events around the World

Rules:

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.


Lemmy World Partners

News !news@lemmy.world

Politics !politics@lemmy.world

World Politics !globalpolitics@lemmy.world


Recommendations

For Firefox users, there is media bias / propaganda / fact check plugin.

https://addons.mozilla.org/en-US/firefox/addon/media-bias-fact-check/

founded 1 year ago
MODERATORS
 

ADDIS ABABA, July 29 (Reuters) - Ethiopia's central bank floated the country's birr currency on Monday, a move it hopes will secure International Monetary Fund (IMF) support and make progress on a long-delayed debt restructuring.

The birr's value against the U.S. dollar slumped by 30% to 74.73 per dollar, the country's biggest lender, Commercial Bank of Ethiopia said. The currency had been trading at 57.48 birr to the dollar on Friday.

top 1 comments
sorted by: hot top controversial new old
[–] MediaBiasFactChecker@lemmy.world -2 points 1 month ago

Reuters Media Bias Fact Check Credibility: [High] (Click to view Full Report)

Reuters is rated with High Creditability by Media Bias Fact Check.

Bias: Least Biased
Factual Reporting: Very High
Country: United Kingdom
Full Report: https://mediabiasfactcheck.com/reuters/

Check the bias and credibility of this article on Ground.News:
- https://ground.news/find?url=https%3A%2F%2Fwww.reuters.com%2Fmarkets%2Fcurrencies%2Fethiopia-shifts-market-based-foreign-exchange-system-2024-07-29%2F


Media Bias Fact Check is a fact-checking website that rates the bias and credibility of news sources. They are known for their comprehensive and detailed reports.

Thanks to Media Bias Fact Check for their access to the API.
Please consider supporting them by donating.

Beep boop. This action was performed automatically. If you dont like me then please block me.💔
If you have any questions or comments about me, you can make a post to LW Support lemmy community.