Ethiopia, Rebels Agree to New Cease-Fire After Two Years of War

  • Nation’s eurobonds rally after signing of cease-fire
  • Previous cease-fire agreed in March only lasted five months

Destroyed heavy artillery equipment in Hayk, Ethiopia in 2021.

Photographer: Amanuel Sileshi/AFP/Getty Images
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Ethiopia’s government and leaders of the dissident Tigray region agreed to renew a cease-fire in a civil war that has claimed thousands of lives, raising hopes that an end to the two-year conflict may be in sight. The nation’s eurobonds rallied.

Representatives of the Ethiopian government and the Tigray People’s Liberation Front signed the accord in the South African capital, Pretoria, where peace talks began on Oct. 25.