World
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Banks may struggle in 2023 if global conditions do not improve – IMF
The International Monetary Fund is predicting a gloomy picture for the banking sector in developing countries including Ghana in the coming year if global economic conditions do not improve. This was…
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Biden vows consequences for Saudi Arabia after OPEC+ decision
President Joe Biden pledged on Tuesday “there will be consequences” for U.S. relations with Saudi Arabia after OPEC+ announced last week that it would cut its oil production target over U.S. objectio…
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Multiple children poisoned as carbon monoxide leaks in Pennsylvania nursery
A nursery has been evacuated and emergency services are responding following a carbon monoxide leak. A total of 26 people including children and teaching assistants have been transferred to four near…
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Canada to send 40 combat engineers to Poland to train Ukraine soldiers
Canada said on Tuesday it will send 40 more combat engineers to help support Polish efforts to train Ukrainian forces, as part of its commitment to increasing military aid for Ukraine. The Canadian A…
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IMF chief Georgieva aims to complete Zambia, Chad debt restructuring by year-end
International Monetary Fund Managing Director Kristalina Georgieva on Monday said she hoped debt restructuring efforts for Zambia and Chad could be completed by the end of the year, which would pave …
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Fire-fighting Bank of England forced to buy inflation-linked bonds
The Bank of England again sought to stem a sharp sell-off in Britain’s 2.1 trillion pound ($2.3 trillion) government bond markets on Tuesday, expanding its emergency buying to inflation-linked debt. …
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UK needs 62 billion pounds of cuts or tax rises to tame debt – IFS
British finance minister Kwasi Kwarteng needs to make 62 billion pounds ($69 billion) of spending cuts or tax rises to stop public debt growing ever-larger as a share of the economy, the Institute fo…
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Belarus’s Lukashenko warns Ukraine, deploys troops with Russia
Belarusian President Alexander Lukashenko said on Monday he had ordered troops to deploy with Russian forces near Ukraine in response to what he said was a clear threat to Belarus from Kyiv and its b…
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[VIDEO NEWS] At least 76 have been confirmed dead after boat capsized in Nigeria
A local resident, Afam Ogene, told Reuters that because flooding had destroyed the major road linking eight communities to the rest of the area, some residents had to travel by boat.
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Heavy explosions rock Kyiv, Lviv, other Ukrainian cities in new Russian upset
Several explosions rocked the Ukrainian capital Kyiv and the cities of Lviv, Ternopil and Dnipro on Monday, after Russia accused Ukraine of orchestrating a powerful blast that damaged a key bridge li…