Foreign

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Foreign Politics

Ghana EC promises transparent elections as ECOWAS provides financial support

By Paul Ejime Accra, Nov. 22, 2024 – Ahead of Ghana’s Dec. 7 Presidential and Parliamentary Elections, the Electoral Commission (EC) has reiterated its commitment to deliver an inclusive, free, fair and transparent electoral process, while ECOWAS, the regional economic bloc made good its financial support to several institutions in the country. “Since the 2020 elections, we have registered an additional 900,000 voters bringing the total of registered voters to 18,774,159, and we have made our operations open by ensuring that the meetings of the Inter-party Advisory Committee (IPAC) are …

Foreign Politics

Political parties to sign peace pact before Ghana Dec 7 election

By Paul Ejime Accra, Nov 21, 2024    Ghana’s National Peace Council (NPC) has assured ECOWAS that political parties and other key stakeholders participating in the electoral process ahead of the country’s 7 December 2024 Presidential and Parliamentary elections will sign a peace accord facilitated by the Council before the poll. Briefing the Core Team of the ECOWAS Long-Term Observation Mission at the NPC Accra headquarters on Wednesday, 20 November, George Amoh, Executive Secretary of the Council’s governing board affirmed that efforts were being stepped up to address the objections raised …

Foreign General News

Over 30,000 Kenyans in US risk deportation as Trump plans mass deportation

Washington, Nov. 20, 2024 – More than 30,000 Kenyan immigrants living in the United States without proper authorization are facing potential deportation. According to NDTV, President-elect Donald Trump is preparing to enact a controversial mass deportation program. Trump recently confirmed his intention to declare a national emergency on border security and utilize military forces to carry out the deportations. This move is part of Trump’s broader immigration crackdown, a central theme of his successful election campaign against Democratic Vice President Kamala Harris earlier this month. On Truth Social, his social …

Business Planning Capital market Foreign Money market

Economists warn Trump win could threaten US economy’s soft landing  

Washington, Nov. 18, 2024 – Investors this year have grown increasingly confident the US economy will achieve a “soft landing”, but the election of Donald Trump as the nation’s next president has complicated the outlook. And some economists now think it’s likely the US could face another inflation resurgence if Trump follows through with his key campaign promises. “We are in the soft landing,” Nobel prize-winning economist and Columbia University professor Joseph Stiglitz said at Yahoo Finance’s annual invesgtmnt conference. “But that ends Jan. 20.” Trump and his proposed policies have …

Foreign Politics

Trump’s rise signals the end of US global leadership

Beijing, Nov. 14, 2024 – Donald Trump’s victory in the U.S. presidential election ushers in an America that will swashbuckle through the world like brawny sailors on shore leave. We can expect his administration to be an emotional whirlwind of guttural, visceral attacks hurled spontaneously, rather than four years of measured, calculated approaches anchored in deeply grounded ideas about the workings of statecraft and a rules-based international order. “America first” he swears, is his lodestar. He may tighten export controls on advanced technologies. The day after his victory, the offshore yuan …

Foreign General News

AfDB to hire 40 interns from regional member countries

Abidjan (Côte d’Ivoire), Nov. 13, 2024 – The Africa Development Bank (AfDB) is to hire 40 interns for multiple positions from the regional member countries. The objectives of the AfDB internship programme are to deepen the bank’s efforts to advance development within its Regional Member Countries (RMC) through capacity building activities. Additionally, the programme will provide opportunity to acquire and develop the ability to work in an international environment, provide the bank a pool of potential candidates in the future and enhance the visibility of the bank and its development …

Foreign Politics

Trump appoints billionaire Elon Musk to lead efficiency dept

Washington, Nov.13, 2024 – United States President-elect Donald Trump has appointed tech billionaire and his supporter, Elon Musk, to lead an ad-hoc Department of Government Efficiency (DOGE) for his incoming administration. Trump also announced that Vivek Ramaswamy, a biotech investor, will work with the SpaceX and Tesla founder on the assignment to “dismantle” bureaucracy and slash government bogus spending. Trump announced the appointments of Musk and Ramaswamy amid a flurry of press releases on Tuesday evening, which also saw several senior national security positions filled. The pair will provide external …

Foreign General News

UK unemployment rate nudges up, vacancies fall 

London, Nov. 12, 2024 – Nerves are mounting about the jobs market today with figures showing wage growth slowing and unemployment nudging up. Pay rises have fallen to their lowest level in more than two years, despite a string of bumper public sector deals.   Meanwhile the jobless rate jumped by more than expected in the three months to September. Although wages are still outstripping inflation, analysts warned of ‘increasing wariness’ among employers.  Businesses are facing a massive costs hit after Rachel Reeves hiked employer national insurance in the Budget – which …

Foreign Politics

Trump already wielding power, causing massive disruption

Washington, Nov. 11, 2024 – President-elect Donald Trump is already flexing raw power, showing he may try to subvert Washington’s checks and balances and leaving foreign leaders scrambling to come to terms with his victory. Early signs from Mar-a-Lago, the Florida club and estate where Trump is building his new administration, suggest that when he moves back into the White House in January, bolstered by a thumping win and a democratic mandate, he will act with maximum force. Trump has already taken to social media to issue orders to Senate …

Foreign Oil and Gas

Ghana sees oil output increases in five years

Accra, Nov 9, 2024 – Ghana’s crude oil output increased by 10.7% year-on-year in the first six months of 2024, reversing an annual production decline that began five years prior, the country’s Public Interest and Accountability Committee (PIAC) reported. Crude oil production in Ghana, Africa’s leading gold producer, began in 2010, but output fell to a five-year low in 2023 due to production declines in existing fields, effectively erasing gains from new wells. PIAC, a state body tasked with monitoring the sector, said oil production climbed to 24.86 million barrels …