Ethiopian Prime Minister Abiy Ahmed. Photo: Minasse Wondimu Hailu/Anadolu Agency/Getty Images

Ethiopian Prime Minister Abiy Ahmed received the Nobel Peace Prize on Friday.

Why it matters: Ahmed was selected for his part in helping restart peace talks with neighboring Eritrea after years of conflict. The award is also meant to "recognize all the stakeholders working for peace and reconciliation in Ethiopia and in the East and Northeast African regions."

The big picture: Ethnic tensions are flaring up in Ethiopia with an estimated 3 million Ethiopians internally displaced. The Nobel Committee said that it recognizes that some people will criticize it for handing out the award to Ahmed too early, but "believes it is now that [his] efforts deserve recognition and need encouragement."

Some of Ahmed's accomplishments:

  • Ahmed's government helped normalize diplomatic relations between Eritrea and Djibouti following many years of political hostility.
  • Ahmed has mediated conflicts between Kenya and Somalia over a continuing dispute about rights to a marine area.
  • Ahmed played a key role in getting the Sudanese military regime and opposition to negotiate an agreement following major protests.

Go deeper: Ethiopia and Eritrea declare end to cold war

Go deeper

Ben Geman, author of Generate
6 mins ago - Energy & Environment

The escalating political battle over California's plan for gas-free cars

Illustration: Eniola Odetunde/Axios

The fate of California's aggressive moves to wring carbon emissions out of transportation could depend heavily on the election and the shape of the Supreme Court.

Why it matters: California is the country's largest auto market and transportation is the country's largest source of CO2.

Updated 54 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 8 a.m. ET: 31,920, 652 — Total deaths: 977,311 — Total recoveries: 22,002,729Map.
  2. U.S.: Total confirmed cases as of 8 a.m ET: 6,935,414 — Total deaths: 201,920 — Total recoveries: 2,670,256 — Total tests: 97,459,742Map.
  3. Health: CDC director says over 90% of Americans have not yet been exposed to coronavirus — Supply shortages continue to plague testing — The coronavirus is surging again.
  4. Politics: Missouri Gov. Mike Parson tests positive for coronavirus — Poll says 51% of Republicans trust Trump on coronavirus more than the CDC.
  5. Technology: The tech solutions of 2020 may be sapping our resolve to beat the coronavirus
  6. Vaccines: Johnson & Johnson begins large phase 3 trial — The FDA plans to toughen standards.
  7. World: Justin Trudeau says Canada's second wave has begun
  8. Future: America's halfway coronavirus response
Dion Rabouin, author of Markets
1 hour ago - Economy & Business

The stock market's not-enough tantrum

Illustration: Eniola Odetunde/Axios

The market looks like it may be throwing another tantrum, investors say. But the cause is different this time around.

What's happening: This selloff is beginning to look like the 2013 taper tantrum, which roiled markets as U.S. government yields rose in response to an expected reduction of the Fed's quantitative easing (QE) program.

Get Axios AM in your inbox

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Subscription failed
Thank you for subscribing!