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Prime Minister Abiy Ahmed. Photo: Zacharias Abubeker/AFP/Getty Images

Ethiopia says it will accept a peace agreement with Eritrea and bring an end to a deadly conflict between the two neighbors. Ethiopia’s new prime minister, Abiy Ahmed, has positioned himself as a reformer and vowed to achieve peace with Eritrea.

The backstory: The New York Times explains that "the countries fought a war from 1998 to 2000 over their border dispute, which left about 80,000 people dead. They signed a peace agreement in 2000, but the Ethiopians never accepted the findings of a boundary commission established by the agreement." Per the AP, Ethiopia also said today that it will "open up parts of state-owned enterprises in sectors such as energy, aviation and telecoms to private investment and others, such as railways and hotels, to full privatization."

Go deeper: The world's fastest growing economy, in one of its poorest nations.

Go deeper

1 hour ago - Technology

Scoop: Facebook exec warns of "more bad headlines"

Illustration: Annelise Capossela/Axios

In a post to staffers Saturday obtained by Axios, Facebook VP of global affairs Nick Clegg warned the company that worse coverage could be on the way: “We need to steel ourselves for more bad headlines in the coming days, I’m afraid.”

Catch up quick: Roughly two dozen news outlets had agreed to hold stories based on leaked materials from Facebook whistleblower Frances Haugen for Monday publication — but the embargo fell apart Friday night as participating newsrooms posted a batch of articles ahead of the weekend.

"Atmospheric river" to whiplash Northern California from drought to flood

A map depicting 24-hour preciptation forecast (inches) ending Monday at 5a.m. local time. Photo: NOAA

A series of powerful "atmospheric river" storms are set dump historic amounts of rainfall across parts of drought-stricken California and the Pacific Northwest from this weekend, forecasters warn.

Why it matters: A strong atmospheric river, packing large amounts of moisture, is predicted to whiplash Northern California from drought to flood.

Inside Biden's Taiwan flubs

Illustration: Aïda Amer/Axios

Twice this year, President Biden has blurted out commitments that the U.S. is prepared to defend Taiwan against a Chinese invasion — forcing the White House to walk back his statements and leading to confusion over a high-stakes national security policy.

Why it matters: U.S. defense officials have publicly aired their concerns that China will take Taiwan by force in the next four to six years, perhaps sooner. The president's position on this question may soon have real-world, life and death consequences.