Ghanaian businessman Frederick Kumi aka Abu Trica was extradited to the US on July 9 and was set to appear before a federal judge over an $8m fraud case.
PwC Ghana has projected that the cedi will maintain broad stability over the medium term, despite a recent bout of depreciation that has weighed on the cedi.
Existing home sales in the United States crept up in January, according to industry data released Thursday, on slightly higher listings and demand as buyers made the most of cooler mortgage rates. This was the strongest since August 2023, as mortgage rates edged down slightly in the month.
Animal activists have fashion brands squarely in their sights this Milan Fashion Week, hoping to pressure Italian brands Max Mara and Fendi to give up fur in future collections. At Fendi, fashion student Elke Orth, 21, said top brands still using fur have oversized influence, even though attitudes among young people have changed.
Turkey's central bank maintained its key interest rate at 45 percent on Thursday, marking the end of its monetary tightening cycle after eight consecutive months of hikes. Turkey's central bank, which has raised its key rate from 8.5 percent to 45 percent since June, said last month that the level was sufficient to start easing the cost of living crisis.
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