Browsing Tag

drops

Ghana’s Public Debt Drops by GH¢15.8 Billion in Dec 2024

The landscape of Ghana's public debt has shown its fair share of ups and downs, much like an ever-changing mountain range where one peak descends as another ascends. As of December 2024, a notable drop by GH¢15.8 billion in the total public debt was evident, bringing the debt stock to an imposing GH¢726.7 billion. This insight comes to us via the Bank of Ghana's March 2025 Summary of Financial and Economic Data. Reflecting on this adjustment, one might ask—what factors orchestrated this financial dance downward…

South Korean Air Force Accidentally Drops Bombs, Causing Civilian Injuries

Accidental Release of Bombs by South Korea’s Air Force: A Call for Reflection In an alarming turn of events, South Korea's Air Force recently reported an incident during a training exercise that has sent shockwaves through the local community. A fighter jet accidentally released eight MK-82 general-purpose bombs, which landed far from the intended target and resulted in civilian injuries. The gravity of this incident cannot be understated—such mistakes in military operations can have profound, lasting impacts on innocent…

Swedish Court Imprisons Four for ISIS Links in Somalia, Drops Terrorism Plot Charges

STOCKHOLM, Sweden (AX) — In a landmark decision, a Swedish court handed down prison sentences to four men accused of engagement with the Islamic State (IS). The charges involved recruitment, weapons training, and spreading propaganda, though the court acquitted three of a purported plan for domestic violence. This resonates with a sentiment once shared by the philosopher Karl Popper: "Unlimited tolerance must lead to the disappearance of tolerance." And thus, the law acts to preserve society's peace. The Nacka District…

Kenya’s Inflation Rate Drops to 3.6% in September

An employee clutches some bread loaves in a Nairobi supermarket, Kenya on May 8, 2017. © Baz Ratner/Reuters File Photo Hold onto your hats because Kenya's inflation (KECPI=ECI) dipped to 3.6% in September, compared with 4.4% in the prior month, as revealed by official statistics on Wednesday. According to the Kenya National Bureau of Statistics, month-on-month inflation showed a slight uptick of 0.2% from a stagnant 0.0% the previous month. Aiming for a sweet spot, Kenya eyes an inflation rate between 2.5% and 7.5% over…

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