… During Russia’s full-scale invasion of Ukraine and the conflicts in the Middle East, manipulated videos, recycled images, and AI-generated content spread rapidly across digital and social media platforms. …
… His comments come as fuel prices are set to rise from July 16 at the pumps despite the relative stability of the cedi in recent months, with escalating tensions in the Middle East threatening to push global crude oil prices even higher. …
… Strikes between the U.S. and Iran in the Middle East intensified this week, leading to a sharp slowdown in shipping through the Strait of Hormuz, where about a fifth of global oil and liquefied natural gas shipments passed through each day before the war began in February. …
… Industry observers say the exhibition reflects Türkiye’s broader strategy to consolidate its position as a leading regional trade and exhibition hub connecting Europe, Asia, the Middle East and Africa. …
The global oil market will break out of its roughly $80-$100 range by the first quarter of 2027 at the latest, boosting inflation and reducing energy demand if the Middle East conflict continues, Claudio Descalzi, the CEO of Italian state-controlled group Eni, said. …
Beijing China – Guazi, a China-based used car e-commerce platform, is expanding access to its inspection-backed vehicle sourcing services for overseas buyers and dealers, with early market support in regions including Africa, the Middle East, Central Asia, and Eastern Europe. …
Renewed tensions between the United States and Iran after the collapse of peace efforts are keeping Ghana’s fuel market on edge, with uncertainty in the Middle East continuing to threaten price stability, according to the CEO of COMAC, Dr Riverson Oppong. …
Oil prices climbed nearly 2% on Wednesday after the U.S. military launched airstrikes against Iran and reimposed crude sales sanctions, raising fears their fragile truce was unravelling and Middle East supplies could be disrupted again. …
Oil prices edged higher on Tuesday, but gains were limited as traders looked beyond easing geopolitical tensions in the Middle East and turned their attention to supply increases and demand prospects. …
The National Petroleum Authority has assured Ghanaians that the country has enough fuel stocks to withstand potential supply disruptions from escalating Middle East tensions, with the director noting that ensuring petroleum product availability remains the regulator's highest priority.
The National Petroleum Authority has assured Ghanaians that the country has enough fuel stocks to withstand potential supply disruptions from escalating Middle East tensions, with the director noting that ensuring petroleum product availability remains the regulator's highest priority.
The National Petroleum Authority says Ghana maintains healthy petroleum stocks through continuous imports and local refining, with fuel availability as its top regulatory priority despite global oil market uncertainty. The assurance comes as government introduces a ¢2 per litre cushioning on diesel following recent price increases.
Bank of Ghana Governor Dr Johnson Asiama assured businesses and the public that the central bank has adequate reserves to stabilise the cedi, with gross international reserves currently at US$12.9 billion sufficient to cover import needs for about five months. He attributed recent pressure on the cedi to global developments including the Middle East conflict, but said the currency has since recovered and the bank remains committed to maintaining a well-functioning foreign exchange market.
The Bank of Ghana Governor Dr Johnson Pandit Asiama said Ghana's economy grew by an estimated 6.4 per cent in the first quarter of 2026, compared with 6.2 percent in the same period the previous year, driven by the services and industrial sectors and supported by declining inflation and increased tourism and business activities.
Two Michigan Democrats are in a tight battle for the party's Senate nomination in a seat the party views as pivotal to retaking the upper chamber in November's midterms. Left-wing insurgent Abdul El-Sayed is slightly ahead of establishment-backed congresswoman Haley Stevens with more than 90% of votes counted, with the primary underscoring party divisions over ties to Israel and grassroots frustration with Washington.
The IMF has cautioned Ghana that its recent fuel subsidy measures, including a GH¢2 subsidy per litre of diesel for August costing about GH¢500 million, must remain temporary and carefully targeted to avoid undermining fiscal gains and weakening government revenue.
An opinion piece analyses the Bank of Ghana's potential role in supporting government efforts to indigenise Ghana's mining sector, as locally-owned firms like Engineers and Planners Limited take over concessions such as the Damang Mine from foreign operators.
President Trump said the U.S. will hold off on attacking Iran if a deal can be reached quickly to end Iran's nuclear programme and reopen the Strait of Hormuz, following requests from Iran and other Middle Eastern countries.
US President Donald Trump announced he has cancelled strikes against Iran conditional on a deal being struck "rapidly," claiming the parameters of an agreement had been discussed that would include reopening the Strait of Hormuz and ending Iran's nuclear threat. The move comes after US media reported Washington may have been planning new strikes on Iran, while Iran had accused the US of escalating tensions and the US government urged Americans in the Middle East to be prepared for potential evacuation.
Brent crude fell $1.03 to $88 a barrel and U.S. WTI slipped $1.50 to $82.09 on Friday, despite rising Middle East tensions, as increased supplies flowed through the Strait of Hormuz and other maritime chokepoints. Both benchmarks are set to rise about 20% for the month.
Deloitte expects the Bank of Ghana to maintain its cautious, data-dependent monetary policy stance as inflation gradually rises toward the 6%+/–10% target band, with oil prices, utility tariffs and exchange-rate pressures presenting upside risks, while gold and cocoa exports support the external sector.
Brent crude fell 1.42% to $89.45 a barrel and U.S. WTI crude fell 0.66% to $83.90 a barrel on Thursday as tankers continued to move out of the Middle East despite escalating U.S.-Iran tensions. Shipping data showed 39 commodity ships passed through the Bab el-Mandeb strait into the Red Sea on Tuesday, the highest number since July 19, as traders found alternative routes around the largely blocked Strait of Hormuz.
The US Federal Reserve kept interest rates unchanged between 3.5% and 3.75% for the fifth consecutive time, with Fed chairman Kevin Warsh acknowledging there is no "magic wand" to ease inflation. Policymakers voted 9-3 to hold rates steady as inflation concerns persist, particularly due to Middle East tensions and their potential impact on oil and consumer prices.
PwC urges Chief Executive Officers and Boards to closely track monthly inflation (especially food and imported components), Treasury bill and bank lending rates, and government capital expenditure execution, citing global uncertainty from the Middle East conflict and its potential impact on commodity and financial markets. The firm notes Ghana's second-half outlook is increasingly exposed to global energy and geopolitical cycles, with the IMF projecting global growth of 3% and inflation of 4.7% in 2026, while a prolonged Middle East conflict could raise fuel, freight, and food production costs.
PwC says Ghana's first-half economic performance was genuinely strong, with real GDP growth around 4.8% looking achievable and the primary surplus target of 1.5% of GDP within reach, but cautioned that not all improvements reflect permanent shifts in the underlying macroeconomic risk profile; the firm warned that inflation, which reached 5.3% at end-June, deserves caution as it rose 160 basis points in one month and has risen consistently since March.
Oil prices rose more than $3 a barrel on Wednesday after joint strikes in Iraq by the United States and Saudi Arabia and the interception of Iran's ballistic missiles aimed at U.S. forces in the Middle East. Brent futures increased 3.9% to $87.39 a barrel, while U.S. WTI crude rose 3.8% to $82.31 a barrel.
New orders for key US-manufactured capital goods increased strongly in June while shipments posted their largest gain in 4½ years as businesses ramped up spending on artificial intelligence. The broad increase in core capital goods orders was powered by robust demand for computers, electronic products, electrical equipment, and appliances.
President Trump has halted attacks on Iran for the third consecutive night to create space for talks, according to US ambassador Mike Waltz, while an Iranian spokesperson confirmed Tehran has also paused retaliatory attacks. Oil prices have dropped below $90 per barrel following the pause.
The US ambassador to the UN said President Trump has paused attacks on Iran for the second night to give diplomacy more time, after nearly two weeks of daily US strikes and tit-for-tat attacks. Iran's army spokesperson said Tehran had halted "retaliatory" attacks in response, and Iran and Oman held technical talks on managing the Strait of Hormuz.
US President Donald Trump has paused attacks on Iran for the second night in a row to give diplomacy space, according to US Ambassador to the UN Mike Waltz. Iran's army spokesperson said Tehran had also halted "retaliatory" attacks in response, as Iran and Oman held technical talks on managing the Strait of Hormuz.
Yemen's Houthi fighters have attacked shipping in the Red Sea, forcing vessels to turn back from the Bab El Mandeb strait and threatening to disrupt the main maritime route from Europe to Asia. The attacks come amid escalating US-Iran strikes and a Saudi-nuclear deal that has raised regional tensions.
The Governor of the Bank of Ghana has endorsed COCOBOD's transition from syndicated offshore loans to local market financing, saying the move will reduce liquidity injections into the domestic economy and strengthen monetary policy management.
The US and Saudi Arabia have signed a "peaceful nuclear co-operation agreement" that will allow the Gulf kingdom to develop a civilian nuclear programme and provide American companies access to the Saudi nuclear energy program. The deal reportedly could allow Saudi Arabia to enrich uranium in the future, which experts say would be a first for the US and carries risks of nuclear proliferation in the region.
The Governor of the Bank of Ghana assured the public that the country's foreign exchange reserves remain strong and not at risk of depletion, despite a decline to US$12.9 billion at the end of June 2026 from US$13.8 billion at the end of December 2025, driven largely by higher energy-related payments caused by Middle East tensions.
The Monetary Policy Committee unanimously maintained the Monetary Policy Rate at 14 percent, citing rising external inflation risks from Middle East tensions and crude oil price increases, though headline inflation has moved closer to the lower bound of its medium-term target and the domestic economy remains resilient.
The US and Saudi Arabia are expected to announce a deal allowing the Gulf kingdom to develop a civilian nuclear programme, with the arrangement potentially allowing Saudi Arabia to enrich uranium on its soil at a US-built facility. Nuclear experts and non-proliferation campaigners have expressed concern that the agreement could enable Saudi Arabia to develop nuclear weapons, distinguishing it from a 2009 US-UAE agreement under which the UAE does not produce its own fuel.
Secretary of Defence Pete Hegseth told the Senate Appropriations Committee that the war with Iran has cost the US $37.5bn, an increase of nearly $8bn since May, and sought $87bn in congressional funding for his department, with $67bn destined for Middle East operations.
Tokyo's governor introduced "Tokyo Cool Biz" in April to allow casual summer office wear including shorts, but women have raised concerns about being expected to wear tights while men wear shorts, with some describing discomfort at seeing colleagues' leg hair, termed "sunehara" online. A June survey found 53.5% opposed and 46.5% favoured the shorts policy, with body hair concerns cited by both genders.
A Chronicle essay traces one day in the life of Abena, a 34-year-old fabric seller in Madina who navigates multiple global systems—including money-transfer networks that charge sub-Saharan Africa an average of 8 percent, far above the global 3 percent target—each extracting value before day's end, illustrating how international financial infrastructure shapes the lives of ordinary Africans.
The Ghana cedi has weakened further as demand for foreign exchange continues to exceed market supply, with depreciation reaching 8.89% from January to date. The pressure stems partly from increased dollar demand by energy sector players financing crude oil imports and petroleum products, compounded by inadequate dollar supply to meet broader business demand.