IMF approves $3bn loan to Ghana | Africanews
Synopsis by Bloomberg May 17 23
The International Monetary Fund approved Ghana’s request for a $3 billion bailout over three years to support the debt-ridden nation’s recovery.Read full article
BBC: Will this be the last time? 💰🇬🇭 Ghana's getting another economic ...
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IMF approves $3 billion Ghana loan, with $600 million immediate payout: The International Monetary Fund's executive board on Wednesday approved a $3 billion ...
reuters.com/markets/imf-executive-board-approves-ghana-3-bln-loan-facility-sources-2023-05-17/
IMF Approves $3 Billion Bailout for Ghana to Revive Economy: The International Monetary Fund approved Ghana’s request for a $3 billion bailout over three years ...
bloomberg.com/news/articles/2023-05-17/ghana-gets-imf-board-approval-for-3-billion-bailout
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Africa faces a mounting debt crisis: Rising rates are hurting some of its brightest economic stars
economist.com/middle-east-and-africa/2023/05/16/africa-faces-a-mounting-debt-crisis
IMF approves $3 billion Ghana loan, with $600 million immediate payout: The International Monetary Fund's executive board on Wednesday approved a $3 billion ...
reuters.com/markets/imf-executive-board-approves-ghana-3-bln-loan-facility-sources-2023-05-17/
IMF Approves $3 Billion Bailout for Ghana to Revive Economy: The International Monetary Fund approved Ghana’s request for a $3 billion bailout over three years ...
bloomberg.com/news/articles/2023-05-17/ghana-gets-imf-board-approval-for-3-billion-bailout
Ghana targets $10.5 billion in external debt relief, IMF says: Ghana is targeting $10.5 billion of external debt service relief from 2023-2026, the IMF said ...
reuters.com/world/africa/imf-ghana-targets-105-bln-external-debt-service-relief-2023-2026-2023-05-18/
Ghana's debt drama unfolds; IMF to the rescue: In the midst of its worst economic crisis in years, ghana receives a much-needed boost with the approval of a $3 ...
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IMF approves $3bn loan to Ghana | Africanews: The International Monetary Fund (IMF) on Wednesday approved a $3 billion loan for Ghana ...
africanews.com/2023/05/18/imf-approves-3bn-loan-to-ghana/
Ghana secures $3bn IMF deal after creditors agree to debt restructuring: China, which is owed $1.5bn, among those that reached agreement on resolving ...
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bloomberg.com/news/newsletters/2024-04-12/next-africa-chocolate-crisis-to-linger-west-africa-cocoa-farmers-race-to-plant
Quick Glance: Africa's Chocolate Crisis: Cocoa Farmers Rush to Plant
- African farmers are returning to cocoa cultivation due to a global cocoa frenzy, with prices soaring to $10,000 per ton.
- Bad weather in West Africa has affected harvests in Ivory Coast and Ghana, the top chocolate producers.
- Upcoming EU regulations may impact chocolate makers' expansion plans by requiring proof of no contribution to deforestation.
- Zimbabwe's ZiG currency strengthened against the US dollar, and Moderna paused plant construction in Kenya due to decreased Covid-19 vaccine demand in Africa.
South Carolina coach Dawn Staley says transgender athletes 'should be able to play'
cbssports.com/womens-college-basketball/news/south-carolina-coach-dawn-staley-says-transgender-athletes-should-be-able-to-play/
Lily Allen Calls Beyoncé’s ‘Cowboy Carter’ ‘Calculated’: Lily Allen isn’t loving Beyoncé’s country pivot. The British singer took issue with Beyoncé covering ...
thecut.com/article/lily-allen-beyonce-jolene-cowboy-carter-calculated.html
Four Malaysians admitted to Harvard class of 2028: PETALING JAYA: Four Malaysians - Bryan Lim from Kuala Lumpur, Elisa See from Johor and Victor Ngow and Thamini ...
thestar.com.my/news/nation/2024/04/07/four-malaysians-admitted-to-harvard-class-of-2028
On 'Cowboy Carter,' Beyoncé's country is as broad as the public she serves: The Houston-bred artist's new album uses country as a trapdoor into a sweeping genre ...
npr.org/2024/04/03/1242447535/beyonce-cowboy-carter-review
Naledi Pandor is treading the Pik Botha path to SA’s diplomatic oblivion: The ANC faces cold winds of disapproval, in part because it is now so full of its brand ...
dailymaverick.co.za/article/2024-04-07-naledi-pandor-is-treading-the-pik-botha-path-to-sas-diplomatic-oblivion/
Quick Glance: South Africa's Foreign Policy Under Scrutiny
- In a mirror image of Pik Botha’s missions during apartheid to sell South Africa's 'good intentions' to the US, International Relations and Cooperation Minister Naledi Pandor is striving to defend her government's somewhat battered foreign policy.
- South Africa seems to believe that maintaining good relations with the White House allows it to challenge US sentiments, values, and interests in international relations without jeopardizing its economic ties.
- Following the Ukraine invasion and our misguided stance, it is crucial for South Africa to rediscover its democratic foundations and advocate for ordinary people across the continent who seek transparent and accountable freely elected governments.
- A recurring pattern emerges: South Africa takes hasty positions and hastily retraces its steps when faced with diplomatic repercussions. The ANC now confronts the chilly winds of disapproval, struggling to cope, partly due to its overwhelming commitment to sanctimonious ideological rhetoric that clouds its judgment.
Should those who flee the ship be welcomed back when it’s saved?: Your relationship with your country is as intimate and deep as a personal relationship with ...
dailymaverick.co.za/opinionista/2024-04-07-should-those-who-flee-the-ship-be-welcomed-back-when-its-saved/
Cocoa hits record high as Nigerian flooding strains supplies: Cocoa futures reached above $10,770 a ton, as the chocolate ingredient looks set for more inventory ...
markets.businessinsider.com/news/commodities/cocoa-price-harvest-outlook-chocolate-commodity-supply-flooding-nigeria-ghana-2024-4
Ghana still striving to reach debt deal with bondholders | Africanews: The office of the Finance minister sought to reassure Ghanaians Monday (Apr ...
africanews.com/2024/04/16/ghana-still-working-to-reach-debt-deal-with-bondholders/
Zimbabwe to launch ‘gold-backed’ currency to replace collapsing dollar: Many in the southern African country prefer to keep their money at home
ft.com/content/0de75e8f-40c8-4eb7-9d40-282cfd81e3bc
LSU star Angel Reese declares for this month’s WNBA draft: LSU star Angel Reese, who led the Tigers to a national championship and became one of the best-known ...
washingtonpost.com/sports/2024/04/03/angel-reese-wnba-draft/
Quick Glance: LSU-Iowa Rematch Breaks ESPN Viewership Record
- LSU and Iowa attracted millions of viewers, leading to record ratings on ESPN.
- The Elite Eight game showcased top college basketball players and ended with a victory for Iowa.
- The Elite Eight resulted in high viewership and increased interest in women's basketball.
- The upcoming Final Four tournament promises exciting games and high ticket prices.
Zelenskyy is Europe's most popular leader, exclusive poll reveals: Almost half of Europeans have a positive opinion of Ukrainian President Volodymyr ...
euronews.com/my-europe/2024/04/05/which-eu-countries-like-and-dislike-zelenskyy-the-most-euronews-poll-shows-big-swings-in-o
Quick Glance: Zelenskyy: Europe's Most Liked Leader
- Nearly half of Europeans view Ukrainian President Volodymyr Zelenskyy positively, with significant variations among member states.
- Zelenskyy emerges as the most favored and divisive leader among the eight European figures surveyed by Ipsos.
- The survey highlights Zelenskyy's popularity in regions like the Nordic countries and the Iberian Peninsula, contrasting with negative opinions in countries such as Hungary, Greece, and Bulgaria.
- The article also delves into Europeans' perceptions of other prominent leaders, including Emmanuel Macron, Olaf Scholz, and Vladimir Putin.
When I confronted my absent father, I learned a powerful lesson: His father was absent for most of his life. When he went to Ghana to confront his dad about it ...
businessinsider.com/confronted-absent-father-learned-powerful-lesson-2024-4
A Revolution in American Foreign Policy: Replacing Greed, Militarism, and Hypocrisy With Solidarity, Diplomacy, and Human Rights
foreignaffairs.com/united-states/revolution-american-foreign-policy-bernie-sanders
Paid articlePaid Jiayin Group: Risk-Reward Is Balanced: Check here to learn more about positives and negatives of Jiayin Group (JFIN), emphasizing shareholder capital returns and ...
seekingalpha.com/article/4682471-jiayin-group-risk-reward-is-balanced-jfin-stock
Paid articlePaid Russia’s neighbours urge Nato allies to bring back military service: Following Vladimir Putin's full-scale invasion of Ukraine, conscription is being rebooted ...
bbc.com/news/world-europe-68728096
Why G20 ‘Common Framework’ for Debt Relief Isn’t Helping Poor Nations: More than half of the world’s low-income countries are at high risk of debt distress or ...
bloomberg.com/news/articles/2024-04-04/why-g20-common-framework-for-debt-relief-isn-t-helping-poor-nations
Quick Glance: Why G20 'Common Framework' for Debt Relief Is Ineffective for Poor Nations
- Over half of the world's low-income countries face high debt distress or default, despite the 2020 agreement among the 20 largest economies for easier loan restructuring. Progress in actual relief has been slow, partly due to disagreements between wealthy nations and China as a major creditor.
- By the end of 2022, the poorest countries collectively owed their creditors approximately $1.1 trillion, surpassing the 2012 debt level. The financial strain from the Covid-19 crisis forced heavily indebted governments to allocate funds they lacked to fortify healthcare systems and assist citizens.
- Major central banks, led by the US Federal Reserve, raised interest rates to counter inflationary pressures arising from escalating grain and fuel prices following the Ukraine conflict. The resulting appreciation of the dollar exacerbated the situation for international borrowers.
- In March, Zambia successfully concluded negotiations for $3 billion in eurobonds after three years, illustrating some progress but highlighting the arduous nature of the process. Notably, several countries, including Zambia, Sri Lanka, Ghana, Lebanon, and Argentina, are grappling with defaults or severe debt distress.
Nelson first to test kerbside soft plastics collection: The plastics will be recycled and used to make fence posts.
rnz.co.nz/news/national/513453/nelson-first-to-test-kerbside-soft-plastics-collection
Unintentional killings of WCK workers is tragic, but Hamas is still to blame for war - editorial
jpost.com/opinion/article-795234
Utah landlords rep: Use charity, borrow money, and sell your TV to pay rent: Tenants balk at landlord advice as rent spikes in Salt Lake.
axios.com/local/salt-lake-city/2024/04/16/utah-rent-expensive-landlord-loan-charity
A $1,600 car-loan payment? Sounds ‘absurd,’ but it’s becoming more common.: The ‘craziness’ of the automobile market means more people are spending $1 ...
marketwatch.com/story/a-1-400-suv-payment-a-1-600-truck-payment-sounds-absurd-but-its-becoming-more-common-7dd92b39
Fabulous Fridays: Stacking GHA Discovery Promotions: Fabulous Fridays about stacking multiple GHA Discovery bonus offers.
loyaltylobby.com/2024/04/12/fabulous-fridays-stacking-gha-discovery-promotions/
The wallet-busting era of car ownership: Driving is more expensive than it's been in decades.
axios.com/2024/04/13/car-prices-insurance-repairs
How to Beat the 'Four Square' and Other Car Dealership Sales Tactics: Consumer Reports experts and former car salespeople explain sales tactics like the ...
consumerreports.org/cars/buying-a-car/beat-four-square-and-other-car-dealership-sales-tactics-a7590220303/
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