Wednesday, October 29, 2025
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Over 58,000 citizens relocated to temporary shelters as hazards of earthquake increases

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The Ethiopian Disaster Risk Management Council has announced today that more than 58,000 citizens in Afar and Oromia regions are relocated to temporary shelters due the risk of earthquakes and being provided with the necessary provisions.

The council convened an emergency meeting to address the looming risk of earthquake that has been impacting two districts in Afar and one district in the Oromia region of Ethiopia.

A scientific analysis presented by experts during the emergency meeting indicates that the seismic activities occurring in Ethiopia are primarily associated with the formation of the Rift Valley.

The experts noted that, to date, these earthquakes have not prompted volcanic eruptions; however, there have been instances of underground smoke and hot water.

Chairman of the Council, Deputy Prime Minister Temesgen Tiruneh, has stated that since September 2024, the potential risks associated with earthquakes and tremors in regions of the Rift Valley—particularly in the Oromia Fentale, Awash Fentale, and Dulesa districts—necessitate focused attention and appropriate measures.

He stressed the need for appropriate measures so that the incident, especially in terms of geographical scope, frequency and scale, does not cause more damage. (FMC)

Ethiopian legislators endorse asset recovery proclamation

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The House of People’s Representatives has approved asset recovery bill, a legal framework that prevents and suppresses the detrimental effects of economic crimes in the country.

The asset recovery bill is aimed at establishing a rule-based economic system as the existing legal frameworks lack the power of preventing and suppressing unexplained wealth.

In its 14th regular session today, the House has approved asset recovery bill with a majority vote based on the report of the Legal and Justice Affairs Standing Committee.

The bill incorporates legal provisions that enable the recovery of illegally seized assets along with legal accountability.

Presenting the draft proclamation for approval, Legal and Justice Affairs Standing Committee Chairperson Etsegenet Mengistu said the Asset Recovery Proclamation fills the legal gap to recover government and public assets.

During the deliberation, members of the HPR affirmed that the bill encourages citizens to earn wealth through hard work as it makes those who earn wealth through crime accountable. (FMC)

Housing Bubble

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A housing or real estate bubble is a run-up in housing prices fueled by demand, speculation, and exuberant spending. Housing bubbles usually start with increased demand in the face of limited supply. Speculators further drive up demand by investing money into the market. When demand decreases or stagnates as supply increases, prices drop, and the bubble bursts.

It’s Time to Try Paripesa Bet Live and Here’s Why

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If you’ve been sticking to pre-match betting for a while, then it’s time to take things to the next level. Paripesa Bet also offers impressive live betting coverage for Ethiopian bettors.

But if you’ve been having a lot of success right now, why change things up? That’s exactly what we’re going to answer. Let us explore how live sports betting can work for you.

Why Should You Try Live Betting?

Beyond the desire to grow as a sports bettor, there are solid reasons that you should explore live betting events when accessing a gambling site:

It Makes Watching Sports More Exciting

If you’re already a fan of the sport, live betting just gives you one more reason to watch the match. You’ll be engaged the entire event instead of just waiting to see what happens in the end.

You Can Take Advantage of Unexpected Turns

Especially in matches where there’s a clear favorite, betting the other way can generate great returns. Since you’ll be seeing what transpires in real time, you can easily identify profitable betting opportunities.

Your valuable insights can help you make more informed decisions. And from there, you can adjust your wagers accordingly.

You Get Your Returns More Quickly

There’s no need to wait a long time to get your payout. Since you’re already betting live, you only need to wait until the match ends. This is a great thing if you’re working on a limited budget. Since you’ll see the returns right away, you’ll be able to explore more events and betting markets. Plus, if you’re struggling to meet the minimum withdrawal requirements, a quick win may just save you.

Quick Tips for Betting on Live Events

While live betting presents more opportunities to win, you should incorporate these to your betting strategy:

  • Use the one-click bet feature. Paripesa lets you bet with just one click, which can be useful in live betting where markets can close without notice. Just toggle the one-click function on the bet slip and set your bet amount.
  • Don’t make decisions based on emotions. There’s always going to be time pressure with live betting, but keep yourself calm and collected to avoid potentially expensive mistakes.
  • Active live streaming. In Paripesa, this feature is usually available for around half of the live events. Using this means you don’t have to constantly look at two screens to monitor what’s happening in the game.

Even just these three tips can help you a lot in becoming a better live bettor. As you gain experience, you’ll be able to hone your eye for finding profitable markets.

Start Live Betting on Paripesa Today

Paripesa has one of the most expansive live betting selections, with hundreds of events available at any given moment. From what we’ve seen, nearly 50 percent of the covered matches are offered in live streaming as well.

Bet on your first live event when you create an account today. Both fiat and crypto transfers are accepted too, allowing you to conveniently move your funds so you can start playing right away. Have fun and good luck!