TSXV:AAA.P - Post by User
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Stockstag1on Mar 23, 2015 4:19pm
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wall street journal
wall street journal Commocean read before you Yapp you flaps
https://www.wsj.com/articles/BL-265B-1721
Egypt, Sudan and Ethiopia took a step on Monday to defuse tensions around Ethiopia’s construction of a massive dam on the Blue Nile, which has threatened to upset the geopolitical balance in the region over how to share water from the River Nile.
Egyptian President Abdel Fattah Al Sisi, Sudanese President Omar al-Bashir and Ethiopian Prime Minister Halemariam Desalegn signed a declaration in Sudan’s capital Khartoum, pledging to better share the Nile’s waters, an Egyptian presidency official familiar with the matter said.
Ethiopia has said the project is necessary to produce much-needed electricity, but the building of the dam has been controversial, with some scientists predicting it could disrupt the flow of the river into Egypt, where it provides much of the country’s water and also supplies electricity from the hydroelectric project at Aswan.