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Ghana positions to become auto hub in AfCFTA era

July 28, 2020July 28, 2020 gitficonline_admin

Finance Minister Ken Ofori-Atta has announced the planned establishment of an Automobile Industry Development Centre to coordinate licensing of vehicle assemblers and

An ally of President Vladimir Putin warned Europe on Tuesday that Russia has already drafted legislation to retaliate if nearly $300 billion of Russian assets were seized by the West and used to help Ukraine.

After President Vladimir Putin sent troops into Ukraine in 2022, the United States and its allies prohibited transactions with Russia's central bank and finance ministry, blocking around $300 billion of sovereign Russian assets in the West.

Top officials in the United States want to seize the assets to help support Ukraine, though some bankers and European officials are worried that simply taking the assets would create a dangerous precedent.

The U.S. House of Representatives passed legislation on Saturday including a bill with a provision that would allow the confiscation of Russian sovereign assets, though the lion's share of the assets are in Europe.

GITFIConline️ 2 hours ago

An ally of President Vladimir Putin warned Europe on Tuesday that Russia has already drafted legislation to retaliate if nearly $300 billion of Russian assets were seized by the West and used to help Ukraine. After President Vladimir Putin sent troops into Ukraine in 2022, the United States and its allies prohibited transactions with Russia's central bank and finance ministry, blocking around $300 billion of sovereign Russian assets in the West. Top officials in the United States want to seize the assets to help support Ukraine, though some bankers and European officials are worried that simply taking the assets would create a dangerous precedent. The U.S. House of Representatives passed legislation on Saturday including a bill with a provision that would allow the confiscation of Russian sovereign assets, though the lion's share of the assets are in Europe.

GHANA International Trade and Finance Conference - GITFiC 2024 with the help of BANK OF AFRICA Ghana is coming up with a DONOR's Meeting which will be happening in Accra The Commercial Capital of Africa.

#gitficonline #gitfic #newsfeed #AfCFTASecretariat #AfCFTA

GITFIConline️ 3 hours ago

GHANA International Trade and Finance Conference - GITFiC 2024 with the help of BANK OF AFRICA Ghana is coming up with a DONOR's Meeting which will be happening in Accra The Commercial Capital of Africa. #gitficonline #gitfic #newsfeed #AfCFTASecretariat #AfCFTA

GITFIConline️ 3 hours ago

Workers in Tennessee voted 73% in favour, according to the union’s unofficial vote count on Friday night. It handed the UAW its first election win at a car factory in the American South in decades. Two prior votes at the factory, including in 2019, had failed, after stiff political opposition. But attitudes toward organized labour appear to be shifting. #gitficonline #newsfeed #volkswagen #technews

gitficonline.com

Volkswagen workers vote to unionize in major win for organized labour

Volkswagen workers in the US have voted to join the United Autoworkers…

Former Gender Minister and MP for Agona West constituency, Cynthia Morrison loses Agona West NPP...

From us to all our Cherished Muslim Followers. #gitficonline #eid #eidmubarak

The Ghana Private Roads and Transport Union (GPRTU) and the Ghana Road Transport Coordinating Council...

GHANA INT'L TRADE & FINANCE CONFERENCE @GITFiC2024 @GITFiC2024

Our call for a #GlobalDebtInitiative remains the only short-medium term way out for developing nations. The fragmented approach to Creditors is not sustainable

Tema, Ghana

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