… According to a preliminary Reuters poll released on Monday, U.S. crude stockpiles are expected to have fallen by about 3.6 million barrels in the week ended May 29, extending the prior week’s draw, while distillates and gasoline inventories also are likely to have declined. …
… After the credentials for three reporters working for the Reuters news agency were revoked in February, the Committee to Protect Journalists said there was “a troubling pattern of repressive regulatory action against international and independent press in Ethiopia”. …
… Speaking on Joy FM’s Super Morning Show on Monday, May 25, following a recent Reuters report on currency movements, Prof Asuming said the cedi’s depreciation has so far remained within a manageable range. …
… Speaking in reaction to recent analyses published by Reuters, he explained that global instability often drives investors towards safer assets and stronger currencies, creating additional challenges for emerging market currencies such as the cedi. …
… According to multiple analyses, including publications by Reuters using data from the London Stock Exchange Group (LSEG), the cedi has suffered a steady decline so far in 2026, thereby assuming the unenviable position of the worst-performing currency in West Africa on a year-to-d …
Officers at a White House checkpoint responded to gunshots on Saturday evening, and a shooting suspect was “down” and taken to a hospital, a law enforcement official told Reuters. …
… Players are also seeking better representation, health options and pensions from the four Grand Slam events.- Reuters Follow our WhatsApp Channel now! …
… Foreign Minister Timothy Kabba told Reuters last week that Freetown had agreed to take in 300 West African migrants annually who were being deported by the U.S., with no more than 25 arriving each month. …
Meta CEO Mark Zuckerberg told employees in an internal memo on Wednesday that he does not expect more company-wide layoffs this year, according to a copy of the memo seen by Reuters. …
… Reuters reported total disbursements reached around: $2.3 billion by mid-2025 About $2.8 billion by early 2026 That money must still be repaid over time with agreed repayment schedules. …
Prime Minister Abiy Ahmed's Prosperity Party won 438 seats, roughly 90% of announced results in this month's elections, far exceeding the 274 needed for a parliamentary majority. The result mirrors the party's strong performance in the 2021 elections.
Prime Minister Abiy Ahmed's Prosperity Party won 438 seats, roughly 90% of announced results in this month's elections, far exceeding the 274 needed for a parliamentary majority. The result mirrors the party's strong performance in the 2021 elections.
Meta is pausing its internal Model Capability Initiative program, which tracked employee mouse movements and keystrokes for AI training, while investigating data security concerns after sensitive employee data was found accessible to all Meta staff. The company said it has no indication that data was improperly accessed but is investigating the exposure.
As BTS performs 15 of 88 global tour shows in Southeast Asia, fans desperate to attend have lost more than $100,000 to ticket resellers and scammers exploiting high demand. A 26-year-old fan in Jakarta paid $1,200 for four VIP tickets on a resale account only to be ghosted after sending payment.
Millions of Indian medical students resit the NEET-UG entrance exam under unprecedented security measures after the original May 3 exam was cancelled following allegations of a paper leak. The resit took place Sunday with biometric checks, metal detectors, armoured patrols, and deployment of the Indian Air Force and paramilitary officers at exam centres nationwide.
U.S. President Donald Trump announced that Apple had agreed to work with Intel to design and build its chips in the United States. Intel had reached a preliminary deal to make some chips for Apple following discussions lasting more than a year, according to the Wall Street Journal.
A six-year-old Ebola patient and her mother were removed from Wanamahika Hospital in Butembo by armed men with knives; authorities are searching for them and urging them to return to a health centre. The incident reflects ongoing suspicion and attacks on treatment facilities during an outbreak that has confirmed almost 200 deaths and 840 cases.
A $300 billion private investment fund designed to encourage both sides to conclude a final deal to end the U.S.-Iran war has been outlined in a framework agreement, with more than half the amount already committed by private companies from the U.S., Gulf Arab states, Asia, South America and Africa, according to a source with direct knowledge of the deal.
Princess Adjei, a 33-year-old Ghanaian who moved to South Africa as a toddler, lost her hair salon and apartment during an anti-migrant march in Durban but says she has no plans to leave, as South Africa is the only place she has ever called home.
The chief executive of Japan's Mitsui O.S.K. Lines told the Financial Times that shipowners will not resume transit through the Strait of Hormuz for weeks until confident that a U.S.-Iran deal is "material" and translated into real conditions. The Iran war beginning February 28 with U.S.-Israeli strikes largely halted shipping through the route that carries about a fifth of the world's oil and liquefied natural gas supply.
British Prime Minister Keir Starmer announced plans to ban social media sites such as TikTok, Snapchat, and Instagram for under-16s, with restrictions on gaming and livestreaming platforms where children can contact strangers. The government expects regulation by year-end and enforcement around spring.
SpaceX raised a record $75 billion in its initial public offering on Thursday. Following the share sale, Elon Musk's net worth surpassed $1 trillion, making him the world's first trillionaire.
Iran's Sports Minister said the team will stop matches if unauthorised flags are displayed or slogans targeting the national team are chanted at stadiums, following criticism of Iran's World Cup participation. The warning comes as Iran opens its Group G campaign against New Zealand on June 15, with subsequent matches against Belgium and Egypt.
Oil prices jumped as Tehran declared the Strait of Hormuz closed following fresh U.S. strikes against Iran, with President Trump threatening further attacks. Brent futures rose 1.59% to $94.58 a barrel and U.S. crude climbed 1.90% to $91.74.
The father of Captain Sumeet Sabharwal, a senior pilot killed in an Air India Boeing 787 crash near Ahmedabad on 12 June 2025 that killed at least 260 people, says he will continue to defend his son's reputation ahead of an expected update from investigators. A preliminary report found both engines' fuel control switches moved to "cut-off" shortly after take-off, but investigators have not linked either pilot to cockpit audio where one pilot asked the other why he had "cut-off."
Donald Trump said the US will hit Iran "hard" on Wednesday after the two sides exchanged strikes overnight, and reiterated a call for Iran to "sign a deal." Iran's foreign ministry spokesman accused the US of damaging diplomatic efforts through contradictory messages and violations of a ceasefire.
A Tunisian court sentenced prominent journalist Khaoula Boukrim to four years in prison in absentia under a cybercrime law enacted in 2022, a ruling critics say reflects a growing crackdown on critical voices and free speech under President Kais Saied. The sentence follows the earlier jailing of several other media figures this year.
A Boston Consulting Group study found 64% of German respondents rated the economic situation as poor, above the European average of 56%, with four in ten German consumers preferring to save rather than spend additional income due to concerns over inflation and energy costs. Price sensitivity is reshaping German shopping habits, with discounts influencing up to 74% of purchasing decisions and 55% of consumers buying retailers' own-brand food products.
Spain's Health Ministry said May 2026 recorded 101 deaths attributable to high temperatures, the highest for May since records began in 2015 and 3.6 times the decade average. The monitoring system estimated 27,564 heat-related deaths in Spain between 2015 and 2025, with 2022 the worst year at 4,789 deaths.
Meta is scaling back its employee activity-tracking initiative after staff criticism, now allowing workers to pause data collection for up to 30 minutes at a time and request full exemptions from the program, which logs keystrokes and mouse clicks to train AI models.
Ghana's cedi has depreciated approximately 10.28 percent year to date in 2026, trading at about 11.36 cedis to one US dollar, placing it among the weakest-performing currencies in sub-Saharan Africa and the broader West African region. The depreciation increases costs for imported goods such as fuel, medicine, machinery, and food, while raising inflationary pressure and reducing household purchasing power.
Oil prices remained mostly steady on Tuesday as conflicting reports about US-Iran negotiations created market volatility, with Brent crude at $95.04 and West Texas Intermediate at $91.99 per barrel. President Trump said talks were ongoing and expected a ceasefire extension and Strait of Hormuz reopening within a week, while Tehran's news agency reported suspended negotiations.
Ethiopia's general election takes place on Monday as conflict prevents many people from voting, with the entire northern Tigray region excluded from the poll due to its recovery from a civil war that ended in 2022. Prime Minister Abiy Ahmed's Prosperity Party is expected to win, with the winning party needing at least 274 of 547 parliamentary seats to form the next government.
University of Ghana economist Patrick Asuming says the Ghana cedi's recent depreciation is within a manageable range and does not warrant alarm, noting that the Central Bank has moderated currency swings. He stressed that exchange rate fluctuations are normal and should only trigger concern if they involve sustained, sharp losses over a short period.
Professor Patrick Asuming of the University of Ghana attributes recent cedi depreciation partly to escalating global conflicts including U.S.-Iran tensions and the Russia-Ukraine war, which create economic uncertainty and push investors toward safer currencies. He notes that such conflicts affect oil supply and international trade, but says the cedi's decline has remained moderate so far.
Ghana's cedi has become the worst-performing currency in sub-Saharan Africa in 2026, declining 10.28% year-to-date as of early May and trading at 11.61 cedis to the dollar. The decline is driven by persistent corporate foreign-currency demand, particularly from the energy sector.
A person opened fire at officers at a White House checkpoint on Saturday evening and was shot and taken to George Washington Hospital. The suspect was identified as an emotionally disturbed person with a prior "stay-away order."
Players selected for Roland Garros press conferences will walk out after 15 minutes and refuse additional interviews to protest the tournament's allocation of revenues to prize money. The players argue that although the prize pool increased to $72.1 million, the percentage of revenue allocated to prize money declined to 14.9 per cent and falls short of the 22 per cent requested to match ATP and WTA Combined 1000 events.
Sierra Leone received nine West African deportees from the US on Wednesday, the first of an annual intake of up to 300 migrants, with no more than 25 arriving each month under a new agreement with the Trump administration. The deportees, from Ghana, Senegal, Guinea and Nigeria, will be housed at hotels near the airport for up to two weeks.
Meta CEO Mark Zuckerberg told employees in an internal memo that he does not expect more company-wide layoffs this year, even as the company laid off 10% of its global workforce and transferred 7,000 employees to AI-related initiatives this week, affecting about 20% of the company's total workforce.
Ghana has ended its IMF emergency bailout program (ECF loan arrangement) but remains in the IMF system under a new "Policy Coordination Instrument" that involves IMF policy review without new bailout cash. The country still owes approximately $2.8 billion by early 2026 from the $3 billion facility and has moved from "IMF borrower under rescue" to "IMF policy partner under monitoring."