The slaughter and sale of dogs for their meat is to become illegal in South Korea after MPs backed a new law. The legislation, set to come into force by 2027, aims to end the centuries-old practice of humans eating dog meat. Dog meat stew, called “boshintang”, is considered a delicacy among some older South […] The post South Korea passes law banning dog meat trade appeared first on
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has said that the central bank exceeded its reserve target by almost US$1billion in 2023 with the help of the domestic Gold for Reserves programme. He stated that the BoG plans to continue with the programme to help in terms of building reserves going into […] The post BoG to continue ‘Gold for Reserves’ programme to prop
Taiwanese authorities have sent out an emergency message following the launch of a Chinese satellite over the island’s airspace. The mobile phone alert was sent on Tuesday as Chinese state media confirmed the launch of a science satellite. The alarm came amid preparations in Taiwan for elections next week. China, which claims the island as its own, […] The post Chinese satellite launch triggers
The Cuban government has announced a five-fold increase in fuel prices as it struggles with shortages and a deepening economic crisis. It said that from February the price of a litre of petrol would rise from from 25 pesos ($0.20; £0.16) to 132 pesos. The government, which subsidises many goods, hopes this will help to […] The post Cuba to increase price of fuel by more than 500% appeared first
Norway is likely to become the first country in the world to move forward with the controversial practice of commercial-scale deep-sea mining. The plan, up before a parliamentary vote on Tuesday, will accelerate the hunt for precious metals which are in high demand for green technologies. Environmental scientists have warned it could be devastating for […] The post Norway to approve controversial
The Israeli army and Hezbollah, based in Lebanon, have again traded fire across the border. The Iran-backed Hezbollah on Tuesday launched a drone attack on an Israeli command base. Israel retaliated with air strikes, while it is also reported to have killed three Hezbollah members in a targeted strike. The rise in attacks across the […] The post Hezbollah and Israel trade further strikes
The Bank of Ghana (BoG) has authorized 16 Foreign Exchange (FX) brokers to commence operations on the Ghana Interbank Forex Market effective January 1 to December 31, 2024. This is in accordance with section 3. 13. 1 of the Ghana Interbank Forex Market rules which provide that local and international FX Brokers who wish to […] The post BOG grants approval to 16
It was interesting to hear Bank of Ghana (BOG) officials pat themselves on the back because year-on-year inflation had dropped to 26.4% in November 2023, from 35.2% in October 2023 and 54.1% in December 2022. This trend should have been expected, I thought, because of the massive price increases and exchange rate depreciation that were […] The post Togbe Afede XIV writes –
Acclaimed Nigerian musician Oluwatosin Oluwole Ajibade popularly referred to as Mr Eazi has become the first Nigerian celebrity to openly show support for Ghanaian Afua Asantewaa in her bid to break the Guinness World Record for the longest singing marathon. The record is held by Indian Sunil Waghmare, who earned the milestone after singing for […] The post Mr Eazi
Following the recent Akosombo Dam Spillage that displaced residents in Lower Volta, OmniBSIC Bank staff have demonstrated their generosity and commitment to the community through the Bank’s Staff CSR project known as the SEEK Initiative. Recognizing the urgent need for support, the bank’s staff raised funds and donated essential supplies to families now residing at […] The post
A team of bankers is ordinarily not a regular sight in any health facility in Ghana. Therefore, many patrons of the Madina Poly Clinic might have wondered “why”, when a sharply dressed team from the Universal Merchant Bank (UMB) drove into the clinic’s compound here in Kekele, Madina; a popular, densely populated suburb of Accra. […] The post #UMBCares brings holiday
Ghana’s Afua Asantewaa kicked off her attempt to break the record for the longest individual singing marathon at Akwaaba Village at the airport. The Ghanaian singer is expected to break the longest singing marathon by an individual which lasted 102 hours. The record is held by Indian Sunil Waghmare, who earned the milestone after singing […] The post Afua
Pakistani police fired tear gas and water cannons to disperse female-led protests in Islamabad on Thursday. At least 200 people were arrested, including protest leader Mahrang Baloch, as they entered the capital. Protesters have been marching across the country for weeks against alleged enforced disappearances of men in Balochistan province. This was sparked by the death […] The post Pakistan
Police in Nicaragua have arrested a bishop who expressed solidarity with a fellow bishop found guilty of treason. Isidoro Mora was taken away by police after he had told his congregation that Nicaragua’s bishops were “united in prayer” for Rolando Álvarez. The Rt Rev Álvarez is serving a 26-year prison sentence imposed after he criticised […] The post Nicaragua arrest bishop in
An Oklahoma judge has exonerated a man who spent 48 years in prison for a murder he didn’t commit, the longest known wrongful sentence in the US. Glynn Simmons, 70, was freed in July after a district court found that crucial evidence in his case was not turned over to his defence lawyers. On Monday, […] The post US judge exonerates inmate after 48 years in prison appeared first on
France’s powerful CGT trade union has called for nationwide “civil disobedience” following the adoption by parliament of an immigration law designed to toughen conditions for foreigners living in or moving to France. CGT chief Sophie Binet on Thursday made the call for civil disobedience against the legislation, which she says calls into question France’s “republican principles”. Speaking […] The post French
China and Russia wrapped up a bumper year of cooperation with an annual year-end meeting in which the two vowed to deepen ties across a range of issues as record trade between them surged past a symbolic target. Bilateral trade between China and Russia surpassed $200 billion in the first 11 months of the year, Chinese […] The post China hails Russia cooperation as record
The 10 American prisoners freed by Venezuela in exchange for a jailed ally of President Nicolas Maduro, have arrived back in the United States in the latest sign of improving relations between Washington and Caracas. The group, including six citizens the US considered wrongly imprisoned, landed at the San Antonio military base in Texas on […] The post Venezuela, US reach prisoner swap deal
In response to the surge in digital banking platforms and the corresponding increase in cyber threats, Fidelity Bank, Ghana’s largest privately owned bank, took proactive steps last month by dedicating a week to intensifying efforts against fraud, empowering its staff to be the first line of defence. Under the theme “Leveraging on Fraud Awareness and […] The post Fidelity
Israeli President Isaac Herzog has said his country is willing to agree a new temporary truce with Hamas in Gaza to secure the release of more captives held by the Palestinian group. “Israel is ready for another humanitarian pause and additional humanitarian aid in order to enable the release of hostages,” Herzog told a gathering of ambassadors […] The post Israel signals readiness
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