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Ghana clinched financing assurances from a bilateral creditors group that China and France are co-chairing, paving the way for the International Monetary Fund’s board to approve a $3 billion bailout. The official creditors committee formally constituted Friday, and its members are committed to negotiating with Ghana terms of a restructuring of their claims to be […]
Ghana’s move to restructure its local-currency and overseas debt has resulted in the first loss on record for two of the West African nation’s top banks. GCB Bank Plc, the country’s largest lender by assets, posted a 593.4 million cedis ($50.5 million) net loss for the year to end-December, its first since 1993 when Bloomberg started maintaining […]
UNITED KINGDOM: Conservative Anglican archbishops on Monday said the Church of England had forfeited its traditional leadership role in…
Federal authorities are making arrests and seizing funds with the help of new tools to identify criminals through cryptocurrency…
Although militant group Daesh has been militarily defeated and no longer holds any territory in Iraq or Syria, its…
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