IMF Open To Modify Ghana’s $3bn Deal With Mahama’s Administration
The International Monetary Fund is open to renegotiating Ghana’s $3 billion financing program with the incoming administration provided accompanying reforms aren’t jeopardized.
Cedi trades at GHS15.32 to $1, GHS14.69 on BoG interbank
The Ghanaian Cedi has appreciated further in the buying and selling rates against the United States dollar, rising by 5 pesewas and 3 pesewas respectively, compared to Wednesday
Lawsuit accuses major food companies of promoting ‘addictive’ food to kids
Food described by researchers as “ultra-processed” includes many packaged snack foods, sweets and soft drinks made with substances extracted from whole foods or synthesized artificially.
Oil little changed as IEA excess forecast offsets rate cut optimism
The International Energy Agency (IEA) said it expected the oil market to be comfortably supplied next year, even as it made a slight upward revision to its demand outlook for next
Zuckerberg’s Meta Donates $1m To Trump Fund
Meta, the parent company of Facebook and Instagram, has donated $1m (£786,000) to an inauguration fund for President-elect Donald Trump.
Stocks soar as a surge in big-tech stocks drives the Nasdaq past 20,000, with Tesla reaching its first record high in three years.
The Nasdaq rose 1.8% to finish Wednesday’s session at 20,035, while the S&P 500 added 0.8% to close just shy of a new high.
Australia’s central bank is prepared to take decisive action if US tariffs negatively impact global trade.
Deputy governor warned the most extreme scenario of an all-out global trade war would depress global activity and trade.
The dollar’s rise triggers the steepest decline in emerging market currencies in two years
The rising US dollar has pressured currencies in euro-linked EM countries, such as Poland and Hungary.
USA Hands $20bn To Ukraine Funded By Seized Russian Assets
The US has given $20bn (£15bn) to Ukraine, funded by the profits of seized Russian assets.
Amid a Cholera outbreak,the Western area prohibits the selling of vegetables.
Cholera Outbreak in the Western Region