[Oops, wasn't the Meles regime chosen to host World Economic Forum on Africa 2012 for its emerging promise of economic growth?]

By William Davison:  The inflation rate increased from 25 percent in March, the Addis Ababa-based agency said on its website today. Food prices, which make up more than half of the basket of goods used to calculate overall inflation, surged 32.2 percent from a year earlier, while non-food items rose 25.6 percent, it said.  Read More…