A third of the global economy will be in recession this year, the head of the International Monetary Fund (IMF) has warned. Kristalina Georgieva said 2023 will be “tougher” than last year as the US, EU and China see their economies slow. It comes as the war in Ukraine, rising prices, higher interest rates and the spread of Covid in China weigh on the global economy. In October the IMF cut its global economic growth outlook for 2023. “We expect one third of the world economy to be in recession,” Ms Georgieva said on the CBS news programme Face the…
Author: Insight News
Manchester City kicked off their year in ominous fashion, with a 1-0 win at Chelsea cutting their gap to Premier League leaders Arsenal to five points. Arsenal’s draw at home to Newcastle on Tuesday opened the door for the second-placed defending champions to reduce the deficit and, after a below-par first half, City eventually ramped up the pressure in the second period and broke through when two subs combined, with Riyad Mahrez tucking in Jack Grealish’s low cross. Carney Chukwuemeka had struck a post on 44 minutes for Chelsea but Nathan Ake headed against the frame of the goal for…
The National Sports Authority is open to the possibility of renaming a stadium in Ghana after the football legend, Pele, who passed away aged 82. This is according to the Director General of the Authority, Professor Peter Twumasi. The latest development comes on the back of a proposal from FIFA president, Gianni Infantino at Pele’s memorial service in Brazil, that member associations should name a stadium after the three-time world cup winner. Professor Twumasi told the Ghana News Agency: “The call by Infantino for nations to name a stadium in recognition of the football king, Pelé, is something many nations…
Nora Häuptle has been appointed as the Head Coach of the senior Women’s national team – otherwise known as Black Queens. The 39-year-old former Swiss International is a product of the University of Bern where she attained her Masters in Sports Sciences – also a Bachelor of Philosophy and Minor in Theatre Sciences. Nora holds is a UEFA Pro Licence certificate and has previously worked as an Instructor for the Swiss Football Association. She holds other Diploma Certificates such a, UEFA Mentorship Hope Powell – Brighton and Hove Albion FC, CAS Sports Management – University of St. Gallen and Shalkeh…
Former Black Stars defender James Kuuku Dadzie has described Edson Arantes do Nascimento popularly known as Pele as the GOAT (Greatest Of All Time). The legendary Ghanaian player lauded Pele as the best ever in an exclusive interview with CITI Sports as the world mourns Pele’s passing. The former Brazil international passed away at age 82 after a battle with cancer and his passing has ignited the conversation about who the greatest footballer ever is. “It’s Pele. He is the best. Number one. When you compare him to (Diego)Maradona and others, Pele is up there. He uses both feet and…
Confirmed reports reaching this portal indicates, Hon. Alan Kwadwo Kyeremanten has resigned from his role as Minister for Trade and Industry in the Akufo-Addo led administration. His resignation according to reports is to allow him campaign massively towards the Flagbearer-ship position he has been dreaming of for the New Patriotic Party (NPP) 2024 elections. This portal understands the minister tendered his resignation letter to President Nana Addo Dankwa Akufo-Addo on Thursday, January 5, 2023 after a Cabinet meeting. His resignation comes in the wake of calls for President Akufo-Addo to fire Ministers in his government eyeing to lead the NPP…
The Oliveyard Church led by Pastor Blessed Ennin has commissioned a new church building. The new Church will hold 200 people during each service and marks a significant accomplishment for the head pastor and the Oliveyard Church. The head of the church, Pastor Blessed Ennin shared his excitement about moving to a new church building. “I am really grateful and excited about the future of the Oliveyard Church. We have gone through many stages of ministry, but I am grateful for all the lessons we have learned since they have tremendously shaped the way we view the world. We now…
Child prostitution menace in Koforidua has increased by 40% in Koforidua, the Eastern Regional capital. Some of the girls are recruited into the illicit act by some adult pimps to exploit them for financial gains. The girls aged between 12 and 19 years are mostly spotted around popular drinking spots, pubs, nightclubs, and around Legion Hall area in the evenings wearing seductive dresses soliciting sex for money. The Member of Parliament for New Juaben South Michael Okyere Baafi disturbed about the development. Speaking during the 31st Night Service at Methodist Church when he joined the Omanhene of New Juaben Daasebre…
The Ghana National Fire Service (GNFS) has revealed that a total of 624 fire incidents were recorded in December 2022 as compared to 567 in the same period of 2021, representing an increase of 10.1%. A statement issued by the service on New Year’s Day said “also 210 and 153 out-on-arrival cases were recorded respectively for December 2022 and December 2021, representing an increase of 37.3%.” No casualties were recorded in all these fires. “However, 12 road traffic collision incidents responded to resulted in 34 injuries and two deaths in the last seven days of December 2022,” the statement added.…
Lawyers of Oliver Barker-Vormawor led by Dr. Justice Srem-Sai have said they will contest the High Court’s refusal to strike out the committal proceedings against their client. The #FixtheCountry lead Convener was on August 1, last year, committed by the Ashaiman District Court to stand trial at the High Court for two counts of treason felony. But, his lawyers upon appearing at the High Court questioned the validity of the offenses charged. They argued that, the nature of the offenses as charged is against the rules of duplicity and multiplicity. They also contended that their client would not be able…