Ethiopia, Bondholders Reach Deal-in-Principle on $1 Billion Defaulted Notes Bloomberg.com
Ethiopia nears $1b bond restructuring The Express Tribune
Ethiopia reaches agreement in principle with Ad Hoc Committee of bondholders on principal financial terms of restructuring of 2024 Notes- Ministry of Finance – Addis Media Network -English አዲስ ሚዲያ ኔትወርክ
BREAKING NEWS: Ethiopia Reaches Deal in Principle on $1bln Eurobond Birr Metrics
News: #Ethiopia reaches preliminary deal with bondholders on restructuring of 2024 #Eurobond Ethiopia has reached an agreement in principle with a group of international bondholders on the main financial terms for restructuring its US$1 billion Eurobond th facebook.com
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What’s in your tea leaves for the next year? Hopefully some cozy, warm beverages!
Tea has six major categories: white, green, yellow, oolong, black and pu-erh. From that, thousands of variations exist, but all come from the tea plant, Camellia sinesis.
From traditional Chinese and French teas to your grandma’s Southern sun tea, you’ll find it all represented here in Kansas City. Come on this tour through local loose-leaf tea shops, which will help you find your flavor, discover your vibe and sip away your stress.
Shang Tea
Shang’s Tea House is located in Crown Center.
Located on the first floor of Crown Center, Shang Tea is a great place to start for those beginning to explore the tea scene. Shang, the owner, is an amazing resource who is dedicated to his craft.
Originally from China, Shang opened up his shop in 2005 and moved to his Crown Center location in 2007. Shang Tea specializes in varieties of white teas, which contain the least amount of caffeine among the major categories. They’re also high in antioxidants.
Shang sources his tea leaves from China, and knows where they all come from. For example, his Aged Wu-Long tea, with its subtle sweetness, is a blend of Fujian Da Bai and Da Hao white tea leaves that were harvested in 2012 and aged for 18 months.
Another popular flavor this holiday season is Shang’s Honeysuckle White Tea. It has a very slight floral scent that tastes very lightly of fruit. It’s smooth, without any bitterness.
Shang Tea is also a great source to begin building your brewing equipment. They have starter gift packs for new tea drinkers that contain different teaware, such as cups and pots. You’ll notice that some of the tea cups are smaller, and there’s a reason: they cool the tea faster for you to drink.
Finally, Shang Tea sells absolutely wonderful mooncakes, made from his family’s recipe, with an elegant laced design on top. For the holidays, Shang has added ginger to it.
Where: Crown Center, 2450 Grand Blvd. #106, Kansas City, Missouri
Anna Marie’s Teas
Anna Maria’s Teas in downtown Liberty also sells an assortment of tea gifts and tools.
Walking into Anna Marie’s Teas, in historic downtown Liberty, is like walking into your grandmother’s quaint and cozy home.
Owned by Brenda Hedrick, Anna Marie’s Teas also sells an assortment of tea gifts, such as infusers for loose-leaf brewing — allowing you to get the whole leaf and exert greater control over your brew. While most casual tea drinkers are used to the bagged variety, those may not be of the highest quality and may contain “dust” from the manufacturing process.
There are plenty of blends to recommend, but their Cherry Green is a stand-out that has a slight fruity taste that doesn’t overpower the drink. Green tea has more caffeine than white tea but less than oolong, and can have an earthy taste. And for the Southerners among us, Anna Maria’s also carries an iced tea sampler.
The store has monthly events held at the owner’s historic home. The next one, an Epiphany Celebration Tea Time, is on Jan. 10 from 10:30 a.m. to 12:30 p.m. Tickets are $45 and come with more tea than you can possibly drink.
Where: 9 W. Franklin St., Liberty, Missouri
Dragonfly Teazone
Dragonfly Teazone’s location in City Market.
Loose-leaf tea fans will be happy to know that Dragonfly Teazone has four different locations across the Kansas City metro. What began as a kiosk in City Market in 2005 has expanded to serve the whole city.
Their list of teas is expansive, and includes herbal teas and tisanes, which are made by steeping herbs, roots, fruits, or flowers instead of a tea plant’s leaves. Herbal teas are recommended for their soothing qualities and stress reduction because they are caffeine-free and often aromatic. Common ingredients include lavender, chamomile and ginger.
Dragonfly also sells an assortment of smoothies, specialty drinks and bubble tea. Bubble tea comes from Taiwan and mixes tea, milk, fruit and fruit juices, and then tapioca pearls or jellies that add more flavor and texture.
Where: Multiple locations in Kansas City and Overland Park
SereniTea Boutique
SereniTea shares space with The Paperback Bakery in Lee’s Summit, Missouri.
SereniTea Boutique in Lee’s Summit shares space with The Paperback Bakery.
Angela Byer opened the shop last year, and she uses two sources for her tea. Local favorite Hugo Tea is well known in Kansas City — they sell direct to consumers and through shops like SereniTea, and they’re passionate about where their tea comes from, down to the specific region and farm.
In addition to tea, SereniTea also features locally made products such as honey. If you want to unwind, sit in their book nook and enjoy the aroma of brewed tea and freshly made bakery treats. They often host events such as book clubs or cookies with Santa. Check their Facebook page to stay up to date.
Where: 500 SW 3rd St. A, Lee’s Summit, Missouri
Socially Tea KC
Socially Tea opened in Olathe in 2021.
Lauren Farmer opened Socially Tea KC in Olathe in 2021. After college at the University of Minnesota, she made the great choice of turning her passion for tea into this business, where you’ll find a relaxing atmosphere complete with couches and a lending library.
Farmer also sells assorted teaware, and it’s a great place to learn about brewing. Each tea requires specific water temperature and steeping time to get the best cup. Socially Tea has a chart on its website.
One of their bestsellers is the Oolong Spiced Chai. Oolong is right in the middle of the oxidation chart of teas — not as sharp as black and not as subtle as a white. Chai often refers to Indian spices such as cinnamon, cardamom, and cloves, to name a few.
For newcomers, Socially Tea offers tea flights so that you can taste an assortment, or enjoy a preselected sampler pack. With over 100 tea varieties to choose from, you’re sure to find your blend.
Where: 10586 S. Ridgeview Road, Olathe, Kansas
Tea Market & Gift Bar
Tea Market on E. 55th Street was founded by Stacie Robertson in 2002.
Tea Market was founded in 2002 by Stacie Robertson, and co-owner Jess Azar joined in 2024. The shop has an entire wall filled with more than 100 tea tins, containing just about every blend you could imagine — which can be intimidating. That’s where Robertson’s experience as a master blender comes in, like a wine sommelier but for tea, complete with rigorous training and experience.
Tea Market offers seasonal blends such as White Christmas (a white tea) and Sencha Claus (a green tea that contains orange slices, vanilla and other ingredients). Or find a variation of black tea that gets you up and going.
Black tea has the highest amount of caffeine, and has a strong, dry taste, almost like roasted nuts. Black tea is ideally not bitter and people often add milk or creamer to it. Try this variety out as a London Fog, which begins as Earl Grey black tea with milk added. It can be served either hot or iced.
Tea Market also offers consultations, a membership to connect with other tea lovers and events. If you want to find your tea community, this is it.
Where: 329 E. 55th St., Kansas City, Missouri
Emilie’s French Teas
Emilie Jackson hosts events, classes and afternoon teas at her tea shop.
Emilie’s French Teas, owned by Emilie Jackson, stands out with its dark wood shelves and a sign that reminds customers that quiet is a virtue.
Jackson brings a bit of her homeland to Kansas City in this space. French teas have their own distinct blends, flavors, and brewing traditions that are captured elegantly here.
Jackson is also a master blender, and is there to guide you to the perfect cup of tea based on your health goals, stress levels or even your mood. Bring a friend and sit at one of the several two-person tables, or just sit back and read a book.
Jackson is happy to answer all your tea questions, including any about Pu-erh, a unique tea that is fermented like cheese or yogurt. If you want something more low-key, their Take It Easy tisane combines lemongrass, lemon balm, verbena, chamomile and lavender. It promotes relaxation and sleep.
If you’re looking for even more relaxation, try Emilie’s Tea Sauna, which uses heat from charcoal filters embedded into the walls. The warmth of the room along with the right tea helps you steep away your stress.
They also host events, classes and afternoon teas. Check their website to find the right event for you.
The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results.
2025 was a big year for Rooted, a non-profit housing organization in Dartmouth, N.S., that bought 10 buildings with close to 300 units of housing.
“And we’re not just acquiring the units, acquiring the buildings,” said Dylan Ward, Rooted’s director of real estate development.
“We’re looking to continue to invest in that sense of community as well as just improve livability — HVAC systems, things that have been maybe forgotten about or are not prioritized over the decades that those buildings have been in existence.”
The cost of purchasing and repairing the buildings topped $36 million. Often, when for-profit housing providers acquire buildings, renovations spur tenant evictions and rents are exponentially higher on the other side. But Rooted is employing a different model.
Dylan Ward at the grand opening of an apartment building built by Rooted, with financial help from the province. Tenants in half the units pay about 50 per cent below market rates. (Jeorge Sadi/CBC)
It maintains existing tenants and keeps rents below market rates for at least 30 per cent of the units. That’s part of the deal the group struck with the provincial government to get low-cost loans and capital grants which helped make the acquisitions possible.
In three years, the province says it’s helped non-profit groups, including Rooted, buy and fix up 727 units of housing to preserve affordability.
Ward called it a “new era of investment in community housing and community development,” and one that Rooted has been making the best of. To date, it’s the largest beneficiary of provincial loans and grants for low-cost, non-profit housing.
The fiscal reality
But Ward said he’s cognizant the government’s help might not last forever, noting the province’s “fiscal reality,” which includes a $1.3-billion deficit.
Housing Minister John White recently told reporters that he’d like to maintain a “suite of programs to continue to make progress,” but that will hinge, partly, on budget deliberations.
Speaking specifically about the Community Housing Acquisition Fund, which was introduced as a pilot in 2024, White said it’s been “extremely successful,” and he’s hoping there will be money in the spring budget to keep it going beyond its March 2026 end date.
But, he added, “I can’t say what’s going to happen with it just yet.”
Rooted bought several multi-unit apartment buildings, including this one on Dartmouth, N.S., in 2025 with the help of government loans and grants. (Brian MacKay/CBC)
Ward said continued provincial support is the best-case scenario, but Rooted is working on contingency plans. He said partnerships with the private sector, and new federal housing programs — which he anticipates will come online in 2026 — could pick up some of the slack.
Additionally, Ward said Rooted’s “mixed model” of tenancy, wherein some people pay market rates to help subsidize lower-rent units, is helping to make non-profit housing more sustainable. He said he hopes the model will enable more new builds, such as the 18-unit building Rooted opened in the summer.
Eventually, he said he hopes the group won’t have to rely on government participation for every new project.
A shifting model
Stephan Richard said Rooted is not alone in planning for more independence from the government.
Richard is director of development for the Community Housing Transformation Centre, a national non-profit that administers grants on behalf of the Nova Scotia government as well as other jurisdictions. It’s in charge of the programs that enabled Rooted’s acquisitions and new build this year.
“The mindset is shifting so that organizations in Nova Scotia, but also across the country, will be more based on a social enterprise model,” Richard said. “So despite cyclical funding, that puts the non-profit sector in a much better position moving forward.”
Townhouses at Ocean Breeze Village, a housing complex in Dartmouth, N.S., started being demolished in 2024, contributing to the loss net loss of affordable units that’s been occurring for several years across the province. (Taryn Grant/CBC)
Outpaced by for-profit sector
Cyclical funding is one challenge; Catherine Leviten-Reid said another challenge is that affordable housing is being lost at a faster pace than non-profits can preserve or build it.
Leviten-Reid, an associate professor of community economic development at Cape Breton University, said in recent years Nova Scotia has lost thousands of units of affordable housing annually. In comparison, she said the 727 units preserved through provincial programs is insufficient.
“These programs aren’t addressing the issue at scale,” she said.
“Considering how many Nova Scotians are really struggling with housing affordability and how much our rental housing stock is actually provided by the private, for-profit sector, they’re really not ambitious enough to address the problems faced by Nova Scotians.”
Richard agreed that halting the net loss of affordable housing is difficult, but he said he’s optimistic.
“The only way to do that is to empower non-profits and build the capacity so more non-profits can participate and protect those assets right across the province.”
The audio version of this article is generated by AI-based technology. Mispronunciations can occur. We are working with our partners to continually review and improve the results.
Mowi Canada East’s managing director says 2025 was a “dreadful” year for Atlantic salmon farming.
“I’ve been in this industry 40 years, and 2025 has been my worst experience ever,” Gideon Pringle told CBC News in a telephone interview on Friday.
He said the year’s environmental conditions made aquaculture a difficult business. Although not a direct link, Pringle pointed to the wildfires experienced in Newfoundland and Labrador as an example.
“It’s just the environment we live in. We have good years and bad years, and I think that probably goes back, in farming terms, to the dawn of time.”
Mowi says recent deaths not alarming
In August, the company reported that about 400,000 salmon died at three Mowi sites in the province.
And in July, thousands of fish died at their Little Burdock Cove site, due to increased water temperatures.
In August, the fish plant in Harbour Breton had to process surviving fish from the Mowi Canada East incident, which saw the deaths of about 400,000 salmon. (Troy Turner/CBC)
Meanwhile, Mowi reported on Dec. 20 that 24,696 salmon died at its Friar Cove site, near Francois on the south coast of Newfoundland. That number makes up more than 10 per cent of the farm’s population, which is why the company was required to report it publicly.
In the report, the company said there was no single cause for the deaths, and that it was “likely due to the residual effects from a sea lice infestation experienced during Fall 2025.”
Mowi said sea lice are naturally occurring parasites that live on many fish species, and do not pose human health or food safety risks.
Pringle noted that this report was a result of a culmination of deaths that added up over multiple weeks.
The company said prolonged storm conditions over three weeks at the end of November caused the number of deaths to accumulate.
“Really what’s happened here is the numbers have added up…[over] four weeks of not being able to harvest and empty that [pen],” said Pringle.
So despite the high number of salmon mortalities this year, Pringle said the recently-reported deaths are still normal.
“There’s no issue here for us. There’s no die-off,” he said.
“We’ve just really had a combination of slightly higher than normal farming mortality combined with bad weather.”
Province’s reporting system criticized
Pringle said the company had to report the deaths in December due to what he called “very inefficient” provincial regulations.
He said the government requires that anytime a unit reaches 10 percent mortality, the company must make a public report.
Pringle said this reporting system is “sometimes distressing” as it “portrays Newfoundland as a very poor place to farm salmon.”
“[It] takes away all sorts of investment opportunities,” he said. “The reporting systems that we have is doing a lot of harm for our industry.”
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January 03, 2026 (MLN):The Competition Commission of Pakistan (CCP) has taken a major enforcement action against deceptive marketing practices.
The regulator has imposed a penalty of Rs150 million on Mezan Beverages (Private) Limited for engaging in deceptive marketing practices.
The Commission found that Mezan’s “Storm” energy drink
imitated the packaging and trade dress of PepsiCo’s Sting energy drink.
It noted that the overall look, colour scheme, bottle
design, and branding elements were closely replicated, creating a strong
likelihood of consumer confusion at the point of sale.
The CCP concluded that the conduct amounted to parasitic
copying and constituted deceptive marketing under Pakistan’s competition law,
according to the press release.
The case dates back to 2018, when PepsiCo Inc. filed a
complaint alleging that Mezan had deliberately designed Storm to benefit from
the established goodwill of Sting in Pakistan’s energy drink market.
Instead of responding to the allegations on merit, Mezan
repeatedly challenged the CCP’s jurisdiction and pursued prolonged litigation,
obtaining stay orders from the Lahore High Court in 2018 and again in 2021.
These legal challenges delayed the inquiry for several years
and prevented the Commission from concluding the matter in a timely manner.
In June 2024, the Lahore High Court dismissed Mezan’s
petition, upheld the CCP’s authority to proceed with the case, and ruled that
early challenges to show-cause notices were not maintainable.
The Court also clarified that regulatory proceedings are
independent of trademark disputes and observed that Mezan had used litigation
tactics to delay the process, allowing the inquiry to resume after years of
suspension.
In its detailed order, the CCP held that Mezan’s Storm
energy drink adopted a red-dominant colour scheme, bold slanted white
lettering, aggressive visual motifs, and a bottle shape and presentation
closely resembling Sting.
The Commission emphasized that deception is assessed based
on the overall commercial impression rather than minor differences examined
side by side.
It noted that an ordinary consumer with imperfect
recollection was likely to be misled.
The Commission further ruled that Mezan’s registered
trademark for “Storm” did not grant immunity from regulatory action.
It stated that trademark registration cannot shield conduct
that results in consumer deception or passing-off.
While imposing the Rs150 million fine, the CCP reiterated
that copycat branding and misleading packaging will not be tolerated.
Such practices would face strict action regardless of the
size or local status of the company, reinforcing its commitment to protecting
consumers and ensuring fair competition in Pakistan’s market.
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A number of Parkrun events have been cancelled following bad weather and reports of some courses being unsafe.
On Friday, some people living in the East of England, including Bedfordshire, Buckinghamshire and Northamptonshire, woke up to wintry conditions.
The Met Office also issued a yellow snow and ice weather warning for Norfolk, which was in force between 17:00 GMT on Friday until 23:59 on Saturday.
Run by volunteers, Parkrun holds 1,385 events across the United Kingdom each weekend and encourages people to complete 5k courses by walking, running or jogging. Due to the conditions, some organisers said events could not go ahead.
Aylesbury in Buckinghamshire
Beccles Quay in Suffolk
Daventry in Northamptonshire
Downham Market Academy in Norfolk
Ferry Meadows in Peterborough
Great Yarmouth North Beach in Norfolk
Kettering in Northamptonshire
Luton Wardown in Bedfordshire
Pocket Parkrun in St Neots, Cambridgeshire
Salcey Forest in Northamptonshire
Wycombe Rye in Buckinghamshire
A full list of cancelled events can be found here.
A number of Parkruns due to take place on Sunday have also been cancelled.
Organisers of the Great Yarmouth North Beach Parkrun said they had made the “difficult decision” to cancel the event due to “predicted extreme high tide and our course being partially under the sea”.
In Beccles, Suffolk, organisers said the course had been flooded by the River Waveney.
It said: “The Waveney has done its thing again and invaded our main courses like the big bully that it is. At the same time, it thumbed its nose at us and flooded the winter course, and the access to it.
“The high level of water is due to continue for a few days, and, added to that, we have the chance of ice in the morning too. This is disappointing, but the safety of everyone involved in the Parkrun experience is paramount.”
The news came after a number of Boxing Day and New Year’s Day dips were cancelled due to high winds and dangerous sea conditions in Sheringham, Cromer and Mundesley in Norfolk, and a number of swims were rescheduled.
Ferry Meadows parkrun in Peterborough, Cambridgeshire
Great Yarmouth North Beach parkrun in Norfolk
Kettering parkrun in Northamptonshire
Luton Wardown parkrun in Bedfordshire
Pocket Parkrun in St Neots, Cambridgeshire
Salcey Forest parkrun in Northamptonshire
Wycombe Rye parkrun in Buckinghamshire
A full list of cancelled events can be found here. , external
A number of parkrun’s due to take place on Sunday had also been cancelled.
Organisers of the Great Yarmouth North Beach parkrun said it had made the “difficult decision” to cancel the event, external due to “predicted extreme high tide and our course being partially under the sea”.
Whereas in Beccles, in Suffolk, parkrun organisers said the course had been flooded, external by the River Waveney.
It said: “The Waveney has done its thing again and invaded our main courses like the big bully that it is. At the same time, it thumbed its nose at us and flooded the winter course, and the access to it.
“The high level of water is due to continue for a few days, and, added to that, we have the chance of ice in the morning too. This is disappointing, but the safety of everyone involved in the parkrun experience is paramount.”
The parkrun news came after a number of Boxing Day and New Year’s Day dips were cancelled due to high winds and dangerous sea conditions in Sheringham, Cromer and Mundesley in Norfolk and a number of swims were rescheduled.
Reddit overtakes TikTok as UK’s fourth most visited social media platform
Reddit, the online discussion platform, has overtaken TikTok as Britain’s fourth most visited social media site. The New Jersey-based company’s user base has increased 88% over two years, with three in five British internet users using the site, up from one in three in 2023.
The platform’s surge is most remarkable among the younger audiences: for 18 to 24-year-olds, Reddit is the sixth most visited site, a ranking it had placed tenth a year ago, and well over three-quarters of that age group access the platform.
Factors driving growth include changes to Google search algorithms, which have given a high ranking to discussion forums, and partnerships allowing AI training on Reddit content, including with OpenAI.
Lifestyle and advice content also fuels Reddit’s popularity in the UK. More than half of its UK users are women, with 71% interested in skincare, beauty, and cosmetics. Subreddits covering pregnancy and parenting have doubled in size in the last year.
Its appeal to sports fans is reflected in the large increases seen in views for subreddits, including those hosting forums on women’s football.
Reddit Chief Operating Officer Jen Wong argued the site stood out as an antidote, in part, to AI-generated content. “Reddit doesn’t have that slop. It’s messy, with lots of advice you sift through. That’s the point,” she said. She pointed to the site’s community-driven moderation, voting system, and rules that encourage honesty and civility.