Government Mandates 20% Budgetary Cut to Anchor Fiscal Stability

Finance Minister Ken Ofori-Atta has announced a significant 20% reduction in planned government expenditure for the 2022 fiscal year to ensure the nation’s financial commitments align strictly with actual revenue inflows. Although Parliament had previously authorized a total spending package of ¢135.6 billion, the Ministry of Finance has invoked the Public Financial Management Act to implement quarterly expenditure ceilings across …

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Ethiopia’s Crisis Deepens as Government Calls Civilians to Arms

Ethiopia is close to falling into full collapse as the government in Addis Ababa urges civilians to take up arms against advancing Tigrayan forces. This crisis is escalating even though the United States and other nations are calling for an immediate ceasefire. The U.S. has warned its citizens that there will be no emergency evacuation like in Kabul and advised …

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Beirut Devastated by Massive Explosion; Over 135 dead

A huge explosion struck Beirut on Tuesday evening, killing at least 135 people and injuring thousands. Officials say the blast was caused by a large amount of seized explosive material that had been stored unsafely in a warehouse at the port, close to busy neighborhoods. As global leaders offer help, Lebanese authorities have launched an investigation. Rescue teams worked through …

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Indonesia earthquake and tsunami leave millions affected

A powerful 7.4 earthquake struck off Indonesia’s coast on September 28, triggering a tsunami that affected about 1.5 million people on Sulawesi island. More than 2,000 people have been confirmed dead and around 212,000 have been forced from their homes. Over 1,200 schools – from preschool to high school – were damaged, affecting nearly 184,000 students and almost 13,000 teachers. …

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Panama Papers Journalist Killed in Car Bomb Attack

Investigative journalist Daphne Caruana Galizia, known for leading the Panama Papers investigation in Malta, was killed on Monday when a bomb exploded in her car near her home. The blast was so powerful that it shattered the vehicle and scattered debris into a nearby field. Caruana Galizia was one of Malta’s most influential writers, often drawing more readers to her …

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