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Ghanaian finance ministry warns against fallout from anti-LGBTQ law
Ghana's finance ministry has advised President Nana Akufo-Addo against endorsing a highly contested anti-LGBTQ bill, warning that it could end up with the financially-strapped country losing billions of dollars in World Bank funds. "In total, Ghana is likely to lose US$3.8bn in World Bank financing over the next five to six years.
Apple hit with 1.8-bn-euro EU fine for music streaming restrictions
The EU on Monday hit Apple with a 1.8 billion-euro-fine ($1.9 billion) for violating the bloc's laws by preventing music streaming services from informing users about subscription options outside of its App Store.
Tokyo stock market hits high; oil prices dip
Japan's benchmark Nikkei 225 stocks index closed above 40,000 points for the first time Monday, while oil prices dipped after major crude producers agreed to cut output for a while longer, as expected. The extension to mid-2024 is part of an agreement among oil producers to boost prices following economic uncertainty.
UK awaits voter-friendly budget before election
Britain's Conservative government unveils a pre-election budget Wednesday that could feature voter-friendly measures as Prime Minister Rishi Sunak's party badly trails main opposition Labour in polls. Finance minister Jeremy Hunt, who unveils his budget before parliament, dampened hopes of major tax cuts in comments at the weekend.
ECB to hold rates again, awaiting clearer signs on inflation
The European Central Bank is expected to freeze interest rates again this week, with officials wary of starting to cut before they see more evidence that recent falls in inflation will be sustained.
Singapore says Taylor Swift gig grant not as high as speculated
Singapore said Monday its grant to Taylor Swift for her concerts in the city was nowhere near as high as speculated, following media reports that the superstar was offered millions of dollars per gig.
China's economy of 'great concern' as annual political meeting to kick off
China's annual political conclave kicks off in Beijing on Monday, with officials saying the flagging economy and youth unemployment are of "great concern" as they lay out plans for the coming year.
Asian stocks rise on US gains ahead of key China policy meeting
Asian markets mostly rose Monday following US gains and ahead of a Chinese legislative session where Beijing's annual growth target and other key policies will be announced.
Conspiracy theories gain new life as US campaign unfolds
In this week's "Super Tuesday" primaries, security guards will monitor the back door at one Shasta County polling precinct -- a sign of the high political tensions in rural northern California. This rural northern California area mirrors the forces fracturing America ever since Donald Trump falsely asserted that the 2020 election was stolen from him.
AFP
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