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World - Page 376

Russia Reportedly Prepares $1 Billion Loan For Iran

Russia has reportedly prepared a $1 billion loan for Iran, with some media reports suggesting the funding could represent the first instalment of a proposed $20 billion lending arrangement between Moscow and Tehran. According to the reports, the funds are ready for

October 9, 2026

Breaking News·Business·World

Cocoa Virus Disease poses threat for Cocoa production

West Africa’s ongoing battle with Cocoa Swollen Shoot Virus Disease (CSSVD) poses significant challenges for the future of chocolate production. CSSVD is a destructive viral disease that affects cocoa trees, leading to reduced yields and poor-quality cocoa beans. As West Africa, particularly

February 15, 2024

Business·Opinion·World

Pope commends IFAD, Urges them to intensify focus on reducing food wastage

Pope Francis delivered a poignant message to the International Fund for Agricultural Development (IFAD) emphasizing the critical issue of food waste and its potential to alleviate hunger worldwide. Speaking at a special gathering with IFAD representatives, the Pope highlighted the alarming paradox

February 15, 2024

Business·World

Ghana’s Foreign Debt Restructuring Expected to Face Delays,Not Hindered by New Finance Minister

International investors greeted the removal of Ghana’s finance minister with caution on Wednesday, as they braced for the prospect of more delays to the restructuring of the country’s overseas debt ahead of national elections in December. The replacement of Ken Ofori-Atta with

February 15, 2024

Business·Opinion·World

China and Russia Strengthen Bonds Amid Trade Challenges

Amidst ongoing trade challenges, China and Russia have taken significant steps to enhance their bilateral ties, signaling a deepening of their strategic partnership. Despite facing complications in trade relations with other countries, both nations have reaffirmed their commitment to strengthening cooperation across

February 15, 2024

Business·Politics·World

UK economy falls into recession, adding to Sunak’s election challenge

Britain’s economy fell into a recession in the second half of 2023, a tough backdrop for Prime Minister Rishi Sunak who has promised to boost growth ahead of an expected 2024 election. The Office for National Statistics (ONS) said that gross domestic product (GDP)

February 15, 2024

Opinion·World

Pope Urges Catholics to Swap Social Media for Reflection as Lent Begins

Pope Francis urged Catholics to forgo worldly trappings and focus on essentials as he opened the season of Lent with a traditional Ash Wednesday Mass on one of Rome’s historic seven hills,the Basilica of Santa Sabina. He criticized people’s tendency to lay

February 15, 2024

Business·Tanzania·World

Tanzania’s Government Debt increases by Tsh.12.7 trillion in one year

Tanzania’s government debt has reached Sh87.47 trillion, up from 74.75 trillion in 2022, the Parliamentary Budget Committee has reported. The debt is up by Sh12.7 trillion, an increase of 17.09% compared to the same period last year. Of the amount, the external

February 15, 2024

Sports·World

Ghana fans demand reform after Cup of Nations flop

Hundreds of football fans took to the streets of Ghana’s capital Accra, demanding better governance for football after their team failed to get out of the group stage at this year’s Africa Cup of Nations. Clad in black and red T-shirts saying

February 15, 2024

Business·Tanzania·World

President Samia woos Norwegian investors to Tanzania

President Samia Suluhu Hassan took her pro-business approach to Norway, detailing several factors why Norwegian investors should choose Tanzania as the ideal investment destination. President Samia , addressing delegates at the Tanzania-Norway Trade and Investment Forum held in Oslo on Tuesday, called

February 15, 2024

Business·Politics·World

Ghana’s longest serving Finance Minister , finally relieved of his post

Finance Minister Ken Ofori-Atta has finally been relieved of his duties. The Minister is to be appointed as the Senior Presidential Advisor on the economy. Ken Ofori Atta , according to a statement by the Director of Communications at the Presidency, will

February 14, 2024

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World - Page 376