WASHINGTON: The United States announced economic sanctions against Russia on Thursday and the expulsion of 10 diplomats in retaliation for what Washington says is the Kremlin's US election interference, a massive cyber attack and other hostile activity.
President Joe Biden ordered a widening of restrictions on US banks trading in Russian government debt, expelled 10 diplomats who include alleged spies, and sanctioned 32 individuals alleged to have tried to meddle in the 2020 presidential election, the White House said.
Biden's executive order "sends a signal that the United States will impose costs in a strategic and economically impactful manner on Russia if it continues or escalates its destabilizing international action," the White House said in a statement.
The statement listed in first place Moscow's "efforts to undermine the conduct of free and fair democratic elections and democratic institutions in the United States and its allies and partners."
This referred to allegations that Russian intelligence agencies mounted persistent disinformation and dirty tricks campaigns during the 2016 and 2020 presidential elections, in part to help Donald Trump's candidacy.
The White House said the sanctions also respond to "malicious cyber activities against the United States and its allies and partners," referring to the massive so-called SolarWinds hack of US government computer systems last year.
The statement also called out Russia's extraterritorial "targeting" of dissidents and journalists and undermining of security in countries important to US national security.
In addition, the Department of Treasury, together with the European Union, Australia, Britain and Canada, sanctioned eight individuals and entities associated with Russia's occupation of Crimea in Ukraine.
In Brussels, the NATO military alliance said US allies "support and stand in solidarity with the United States, following its 15 April announcement of actions to respond to Russia's destabilizing activities."
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US imposes sanctions on Moscow, expels 10 Russian diplomats
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US imposes sanctions on Moscow, expels 10 Russian diplomats
- The White House said the sanctions also respond to "malicious cyber activities against the United States and its allies and partners"
- In Brussels, the NATO military alliance said US allies "support and stand in solidarity with the United States”
Ethiopia begins $12.5 billion construction of ‘Africa’s biggest airport’
BISHOFTU: Ethiopian Airlines on Saturday officially started a $12.5 billion construction project for what officials say will be Africa’s biggest airport when completed in 2030 in the Ethiopian town of Bishoftu.
The state-owned airline got the contract to design the four-runway airport in the town located around 45 km (28 miles) southeast of Addis Ababa.
“Bishoftu International Airport will be the largest aviation infrastructure project in Africa’s history,” Prime Minister Abiy Ahmed Ali said on X. The airport will have space to park 270 planes and capacity for 110 million passengers a year.
That is more than four times the capacity of Ethiopia’s current main airport, which will reach its limits on existing traffic in the next two-to-three years, Abiy said.
The airline’s Infrastructure Development & Planning Director Abraham Tesfaye told reporters it would fund 30 percent and lenders would finance the rest.
It has already allocated $610 million for earthworks, which are due to be completed in one year, he said at the site, with the main contractors scheduled to start work in August 2026.
The project was initially billed at $10 billion.
Other creditors include the African Development Bank, which last August said it would lend $500 million and lead efforts to raise $8.7 billion.
“Lenders from Middle East, Europe, China and USA have shown strong interest to finance the project,” Abraham said.
Ethiopian Airlines is Africa’s biggest carrier. It added six extra routes in 2024/25, while revenues are also expanding.
The state-owned airline got the contract to design the four-runway airport in the town located around 45 km (28 miles) southeast of Addis Ababa.
“Bishoftu International Airport will be the largest aviation infrastructure project in Africa’s history,” Prime Minister Abiy Ahmed Ali said on X. The airport will have space to park 270 planes and capacity for 110 million passengers a year.
That is more than four times the capacity of Ethiopia’s current main airport, which will reach its limits on existing traffic in the next two-to-three years, Abiy said.
The airline’s Infrastructure Development & Planning Director Abraham Tesfaye told reporters it would fund 30 percent and lenders would finance the rest.
It has already allocated $610 million for earthworks, which are due to be completed in one year, he said at the site, with the main contractors scheduled to start work in August 2026.
The project was initially billed at $10 billion.
Other creditors include the African Development Bank, which last August said it would lend $500 million and lead efforts to raise $8.7 billion.
“Lenders from Middle East, Europe, China and USA have shown strong interest to finance the project,” Abraham said.
Ethiopian Airlines is Africa’s biggest carrier. It added six extra routes in 2024/25, while revenues are also expanding.
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