The World Bank Group has welcomed the agreement in principle on the key parameters of the proposed debt restructuring for Ghana reached by the Official Creditors’ Committee under the G20 Common Framework. This agreement, which is consistent with the Joint WB-IMF Debt Sustainability Framework, represents a critical milestone toward restoring debt sustainability in this country. […] The post World
The concept of who a customer is has more to do with life than the common reference within a business context. Simply put a customer is someone with whom we exchange value. Therefore, in a business sense, we will exchange money for a product or service. A retail store will sell products to its customers […] The post Customer
China has summoned the Philippine ambassador after Manila congratulated the winner of Taiwan’s presidential election. China lashed out on Tuesday, a day after Filipino President Ferdinand Marcos sent Taiwanese President-elect Lai Ching-te a note on his victory in the recent vote. The highly undiplomatic comments from Beijing, which warned Manila “not to play with fire,” will […] The post China
Hamas has issued a new video purporting to show the bodies of two Israeli hostages, with the militants claiming that they died in air strikes on Gaza. It comes a day after Hamas released another video of the hostages when they were alive, but warning they could die if Israel continued its bombardment. Israel denied […] The post Hamas video claims to show dead Israeli hostages appeared first
The US has condemned Iran over ballistic missile attacks near Iraq’s northern city of Irbil, calling them “a reckless and imprecise set of strikes”. Iran’s Revolutionary Guards said they struck what they claimed were Israeli “spy headquarters” in Iraq’s semi-autonomous Kurdistan Region. Four people were killed and six wounded in Monday’s attack, according to the […] The post US
North Korean leader Kim Jong Un on Monday vowed to remove a massive monument to the possible reunification of the Korean Peninsula that his father constructed in Pyongyang, calling it an “eyesore.” Kim’s call during a speech at a Supreme People’s Assembly (SPA) meeting in Pyongyang was the latest in a string of recent bellicose statements […] The post North Korea declares South Korea
Former United States President Donald Trump has decisively won the Iowa caucuses, cementing his Republican frontrunner status as he bids to retake the White House in 2024. Trump handily beat former US Ambassador to the United Nations Nikki Haley and Florida Governor Ron DeSantis in a widely-expected result on Monday, taking him a step closer […] The post Trump wins Iowa caucuses,
Pakistan Expert Tilak Devashree highlighted that Pakistan, unable to handle internal insurgency, is blaming India for the ongoing Baloch atrocities to deflect from its inability to handle the situation. He pointed out that Pakistan has a history of not acknowledging its mistakes and tends to externalize them. “Pakistan is not able to handle its internal […] The post
The government is urgently seeking to build on the momentum of its debt restructuring efforts, following the recent agreement with official creditors to restructure debts extended to the country up until December 2022. Having overcome this hurdle, Reuters reports that government officials will re-engage with its international bondholders from next week, seeking to continue discussions […] The post
The Member of Parliament (MP) for Kwesimintsim, Dr. Prince Hamid Armah, has listed a number of developmental projects he has undertaken in the constituency within three years, as a Legislator. With over 20 infrastructural developmental projects completed, the Legislator appears to have taken development to the next level. Going through the tall list as evidence […] The post Kwesimintsim
The General Transport, Petroleum, Chemical, and Workers’ Union of the Trades Union Congress says the interdiction of two of its members by the board of the Tema Oil Refinery (TOR) is merely a display of power. The two, who are also executives of the union, were suspended for purportedly releasing confidential information on the contentious […] The post Torentco
Namibia has condemned former colonial ruler, Germany, for rejecting a case at the UN’s top court accusing Israel of committing genocide in Gaza. Germany has offered to intervene on Israel’s behalf in the case brought by South Africa at the International Court of Justice (ICJ) in The Hague. President Hage Geingob urged Germany to “reconsider …
Far-right groups have discussed toppling the German government as they seek to harness the anger of ongoing farmer protests over subsidy cuts. A protest took place in Berlin on Monday amid fears extremists are infiltrating the agricultural movement. Our team Germany has been working with BBC Verify to build up a picture both online and …
Ukraine’s military says it has shot down a Russian military spy plane over the Sea of Azov, in what analysts say would be a blow to Moscow’s air power. Army chief, Gen Valerii Zaluzhnyi, said the air force had “destroyed” an A-50 long range radar detection aircraft, and an Il-22 control centre plane. The A-50 …
Two British brothers have admitted raiding a museum in Switzerland and making off with iconic Chinese Ming dynasty era artefacts worth millions in order to “clear a debt”, a court heard. Prosecutors said the Museum of Far Eastern Art in Geneva was burgled in June 2019 by a gang of three who used tools to …
The World Bank Deputy Chief Economist, Ayhan Kose, has said the global economy has been remarkably resilient, especially in the last year. Growth last year, he said, surprised on the upside, thanks to the US economy, the strength of the US economy. But, he further noted, some large emerging markets like India, Indonesia, Brazil, Mexico, […] The post There is global economic resilience
The General Transport, Petroleum and Chemical Workers' Union (GTPCWU) of the Trades Union Congress has assured of the immediate reinstatement of two union executives who were interdicted by the Tema Oil Refinery (TOR) Board of Directors in connection with the controversial TOR-Torentco deal. The Board alleged that the Chairperson for the Junior Staff Association at […] The post Torentco
There was almost no growth in terms of global trade last year, the World Bank Deputy Chief Economist, Ayhan Kose, has said. The situation remains fragile going into this year, he added. In June 2023, he highlighted an ongoing global growth slowdown as a major concern to the Bank. Asked for the latest analysis of […] The post Global trade remains fragile – World Bank Deputy Chief
Torrential rain and flooding have hit Mauritius and the French territory of Réunion in the Indian Ocean, as Cyclone Belal crosses the islands. One person was killed in Réunion, where the population of about 860,000 was ordered to shelter at home, but the eye of the storm has avoided the island. Around a quarter of …
The University of Media Arts and Communication’s Directorate of Research, Innovation, and Development (DRID) is preparing to delve into contemporary public relations trends during the 2024 New Year Public Lecture. The lecture, which will be on the topic ‘Public Relations: Current Trends, Challenges, and 21st Century Opportunities,’ seeks to discuss new and effective ways of […] The post
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