Vice President Dr. Mahamudu Bawumia has stated that the NPP government will not issue any Eurobond and add unto the country’s debt burden. According to him, the government has resolved not to embark on any such move at least within this year. Speaking in an interview with the Head of Citi Business News desk on … Read more
The US government has announced measures to partner Ghana intensify fight against cybercrime in the country. Cybercrime is a major problem confronting financial institutions in the country. Speaking to Citi Business News on the matter, the US Ambassador to Ghana, Mr. Robert Jackson said enhanced collaboration between the US and Ghana government would help end … Read more
A federal judge has handed down the longest sentence ever imposed in the US for a cybercrime case to the son of a member of the Russian Parliament convicted of hacking into more than 500 US businesses and stealing millions of credit card numbers, which he then sold on special websites. Roman Seleznev was sentenced … Read more
A team of senior government officials have embarked on a trip to London Washington DC and New York for a Non-Deal Roadshow The purpose of the Non-Deal Roadshow is to meet with Ghana’s bond holders, potential investors, US government officials and other key stakeholders to share the government’s transformational economic agenda to address the country’s … Read more
Government has begun discussions with officials of the Millennium Challenge Corporation (MCC) to renegotiate the power compact agreement for a majority Ghanaian ownership for the concession of the Electricity Company of Ghana. This is to ensure that the concessioners of the wholly state owned Power Company is largely managed by Ghanaians with less foreign participation. … Read more
A US judge on Friday sentenced Volkswagen to pay a $2.8 billion criminal penalty in the diesel emissions cheating scandal, in line with a deal struck between the automaker and the US government. The district court judge in Detroit also placed the German auto maker on three years of probation, settling the US criminal case … Read more
Iran’s foreign minister mocked US President Donald Trump’s claim Tehran was “not living up to the spirit” of the nuclear deal on Friday, saying Washington was flouting the accord. “We’ll see if US prepared to live up to letter of #JCPOA (nuclear deal) let alone spirit,” Foreign Minister Mohammad Javad Zarif tweeted. “So far, it … Read more
Donald Trump has launched an investigation into countries that export steel to the US, raising the prospect of new tariffs on imports. It is designed to stop countries from flooding the US with artificially cheap steel and undercutting local suppliers. China is most often associated with the practice but the president said it had “nothing … Read more
President Akufo Addo has called on Ministries and Agencies to take the first step and register with the Data Protection Commission (DPC) to serve as an example to other institutions to emulate. In a speech read on his behalf by the Minister for Environment, Science, Technology and Innovation, Professor Frimpong Boateng, the President said the … Read more
Iran’s Foreign Minister Mohammad Javad Zarif on Thursday criticised “worn-out” US accusations that it was seeking a nuclear weapon to threaten the region and the world. “Worn-out US accusations can’t mask its admission of Iran’s compliance” with a 2015 nuclear deal, Zarif wrote on Twitter. Iran says its nuclear programme is purely for peaceful purposes … Read more
US Secretary of State Rex Tillerson branded the Iran nuclear deal a failure Wednesday as President Donald Trump ordered a review of how Washington is countering the threat from Tehran. The State Department admits that Iran has so far maintained its side of the bargain it struck with world powers in 2015 to curtail its … Read more
Emirates, the Middle East’s largest airline, said Wednesday that it will reduce flights to the United States after tightened visa and security measures under President Donald Trump hit demand. The Dubai-based airline said that it would cut services to five US cities — Los Angeles, Boston, Orlando, Seattle and Fort Lauderdale — starting from next … Read more
After a litany of prescriptions failed to control her stormy mood swings and deep depression, writer Ayelet Waldman finally found relief in a blue vial of diluted LSD. Feeling she “had nothing to lose,” the San Francisco Bay-area former federal public defender deposited two tiny drops of the psychedelic drug under her tongue — and … Read more
Microsoft says it had already fixed software flaws linked to an alleged breach of the global banking system before they were exposed last week. On Friday, a group called the Shadow Brokers published details of several hacking tools, indicating they had been used by the US National Security Agency (NSA) to spy on money transfers. … Read more
US President Donald Trump expressed confidence Thursday that US-Russian relations will “work out fine” after icy bilateral talks in Moscow, as he looked to China to “deal properly” with North Korea. Trump faces crucial tests in the Middle East and the Korean peninsula, with tensions building on both fronts over a suspected chemical weapons attack … Read more
North Korea is ready to launch a nuclear test at its Punggye-ri Nuclear Test Site, the 38 North monitoring group reported on Wednesday. The 38 North analysis group described the test site as “primed and ready.” “Commercial satellite imagery of North Korea´s Punggye-ri Nuclear Test Site from April 12 shows continued activity around the North … Read more
Former President Jerry John Rawlings is convinced that report of chemical weapon attack on Syrians is a ploy to make the Assad government look bad and pave way for the West to perpetuate their “uncivilized behaviour” against the Assad’s regime. Calling the machinations of the US government and its allies against Syria as “daylight robbery”, … Read more
The United States, Mexico and Canada announced a joint bid to stage the 2026 World Cup on Monday, aiming to become the first three-way co-hosts in the history of FIFA’s showpiece tournament. The bid was announced at a press conference in New York attended by the head of CONCACAF, Victor Montagliani, along with US Soccer … Read more
Indian police have arrested the alleged mastermind of a multi-million dollar racket in which callers posing as US officials tricked Americans into paying bogus tax bills, officials said. Sagar Thakkar, 24, was making more than 10 million rupees ($155,000) a day at the height of the scam, which operated for nearly a year before it … Read more
The US government has dropped its request for the identity of an anti-Trump Twitter account, just a day after Twitter went to court over the issue. @ALT_USCIS anonymously criticised President Trump’s immigration policy, and claimed to be run by employees at the United States Citizenship and Immigration Services. US government officials issued a summons for … Read more