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The Gundet NewsLetter
latest  Issue No. 1: April 10-17, 1999   next
Latest News: Ethiopian air force carried out air-strikes against Eritrea's main military training center at Sawa and two other locations. No ground fighting since March 29 when Eritrea lost 3,400 troops in an unsuccessful attack on Ethiopian positions west of Badime. Photos: Left-Ethiopian troops patrol border (AP); Right- Ethiopian flag flies at Badime, March 1999
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1. News Roundup:

3. Feature:
The Currency Issue Revisited:

Eritrea borrowed over one billion birr from Ethiopia during the period June 1996 to June 1997. This money went to finance the Eritrean government's huge budget deficit. A large portion of the loan also came back into Ethiopia to illegally be exchanged for dollars or to purchase Ethiopian commodities.
"Net Claims on the Birr Area" - The economic relations between Ethiopia and Eritrea have not been very transparent, however, the IMF has compiled a set of data - largely provided by the Eritrean government - that sheds some light on the currency problem that was a contributing cause of the war. Eritrea it appears, has been counting all Birr in Eritrea as an external asset. Eritrea has been operating under the assumption that it would one day effectively double its money by introducing a new currency (Nakfa) while simulaneously translating the old currency (Birr) into dollars via Ethiopia. Thus, by one stroke, Eritrea would double its financial assets, and drain Ethiopia of a huge amount of foreign currency. Obviously Ethiopia felt differently...
Full story...



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5. Background: Badime in the mid-80's:
from an e-mail by a European free-lance journalist who travelled through Badime in the 1980's

    From the Sudan I went to Karora-Orotta area in Sahel province- through Barka province- and to Molki-Maidema-Areza in the highlands, and returning the same route.

    I guess I passed Badime without stopping on the way south and had a short stop there almost one month later.

    I went - as I guess you have understood - with the Eritrean Peoples Liberation Front, as a freelance journalist. I was travelling with a group of Eritreans, media people from EPLF and a guide.

    Badime ? It was a small village, mud huts and a quite large open flat field where some donkeys stood and where kids were playing around.

    We were tired when we came to Badime some time before noon, and looked for a place to by some tea. Roasted corn or soha was also available some places and a good supplement to a boring diet. We found a hut with a small pole outside with a cup upside-down on top of it, telling you where you could get soha. But in this village, the kids went crazy when they spotted a car. Tens of them came running, laughing, pointing at us and gathered outside the old land rover, pointing at us, smiling and having fun of the new attraction that suddenly had shown up.

    Tired as we were, we found that a cup of tea was not worth the entire hassle with a bunch of kids and continued our trip.

    The strange thing is that Badime clearly was regarded to be in the Tigray province in Ethiopia, and that EPLF used this route for convenience. I even felt we where a bit away from the border, but where the border was and when we passed it, I do not know - nobody paid any attention to that. The Ethiopian presence was limited to garrison towns and air raids at that time.

    This note by me has probably no relevance for the ongoing border conflict, as my description is not very precise, but it gives me a rare feeling of some knowledge of the historiy of the area.


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6. Notes and Announcements
  • New Trial Format:

    - This is a trial new format for what was previously called the "Ethiopia Eritrea Conflict News and Commentary." Many people had suggested changing the title and broadening the scope of this webpage, so this is an attempt to respond. Send your comments and suggestions to dagmawi@oocities.com and the page will benefit from your input.

    - You can also send Ethiopian related announcements via e-mail, and if appropriate they will be posted in this section.


  • New Websites:

    Medrek: A Political Discussion Forum (Amharic)




  • Fund Raising Events for Poet Laureate Tsegaye Gebre Medhin
    United Young Ethiopians in Los Angeles (UYELA)

    In order to do our own share, a group of Ethiopians from all walks of life, the United Young Ethiopians in Los Angeles (UYELA), the Ethiopian Review magazine have formed an ad hoc committee for fund-raising effort to save the life of Poet Laureate Tsegaye Gebre Medhin.

    Kibur Ato Tsegaye is in New York receiving dialysis for severe kidney complication. He is on a waiting list for kidney transplant. Bearing that in mind, the ad hoc committee is organizing a two-part event in Los Angeles on April 24, 1999.

    The first event is at Loyola Marymount University (Room Hilton 100) from 2p.m. to 6p.m. The event is basically "ye gitim digs" "Poetry Feast" from the works of Poet Laureate Tsegaye. We are targeting every family and everyone to fill the 325 seats Hilton 100. Free entrance, free parking.

    The second event is at Rosalind's Ethiopian Restaurant with Hamelmal Abate, Solomon Tekalign, Yohannes "Johnny" Berhanu, Kukusha and more. A lovely night from 8 PM. to 2 AM. Entrance donation is $20.00. All funds will go to help pay Kibur Ato Tsegaye's medical expenses.

    For more information, call UYELA's voice mail at 310-960-0206. Leave messages, questions, suggestion...and we will get back to you promptly.

    Sincerely,

    Redeat Bayleyegn


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Support the families of those victimized by this war
National Fund Raising Committee
Commercial Bank of Ethiopia; Finfine Branch
NT account No 01704-175232- 00
E-Mail : dppc@telecom.net.et





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