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IMF bailout: Why countries go to Fund for emergency financing during economic crisis
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Workers at the $278 million Kumasi Central Market project embark on strike over poor working conditions
Stocks fluctuate as traders fret over recession
Markets swung Monday as traders fret over a possible recession caused by central bank interest rate hikes aimed at fighting soaring inflation. The European Central Bank is due to lift rates this month for the first time in more than a decade.
Copenhagen shooting suspect had mental health issues: police
Danish police said Monday that the suspect in a weekend shooting at a Copenhagen mall that left three dead, including two teenagers, was known to mental health services. Police confirmed that the suspected shooter was present at the mall at the time of the shooting and is known to the police "but only peripherally".
Ukrainians look to Kyiv beaches as respite from war
Ivan Sukhanov and his family used to holiday by the Black Sea. Ukraine "has already won morally", says Sukhanov.
Chile president to receive draft constitution
After being worked on for a year, Chile's new draft constitution will be officially submitted to President Gabriel Boric on Monday before eventually being put to a referendum in the deeply polarized country. The document will then be put to a referendum on September 4, with voting obligatory for 15 million Chileans, who will decide whether to accept or reject the new constitution.
PNG votes in heavily guarded elections
Voters headed to the polls Monday for heavily guarded elections in Papua New Guinea, where millions live in poverty despite vast mineral and energy riches. This year, 15 election-related deaths have already been recorded, according to Papua New Guinea police.
Tropical Storm Bonnie becomes hurricane, kills 3 in Central America
Tropical Storm Bonnie was upgraded to a category one hurricane on Sunday as it swept towards Mexico after killing three people in El Salvador and Nicaragua, the US National Hurricane Center said. Before moving towards Mexico, the storm caused damage to property in the Central American countries of El Salvador and Nicaragua, felling trees and flooding rivers, streets and hospitals.
Large Hadron Collider revs up to unprecedented energy level
Ten years after it discovered the Higgs boson, the Large Hadron Collider is about to start smashing protons together at unprecedented energy levels in its quest to reveal more secrets about how the universe works. The new energy rate will allow them to further investigate the Higgs boson, which the Large Hadron Collider first observed on July 4, 2012.
Chinese developer Shimao misses $1 bn bond payment
Chinese developer Shimao Group said it has failed to make payment on a $1 billion bond that matured Sunday, one of the biggest such defaults so far this year in the country's troubled property sector. It was China's 14th biggest developer by contracted sales last year, according to Bloomberg News.
Saudi welcomes 1 million for biggest hajj pilgrimage since pandemic
White-robed worshippers from across the world have packed the streets of Mecca as Islam's holiest city prepares to host the biggest hajj pilgrimage since the coronavirus pandemic. Since the start of the pandemic, Saudi Arabia has registered more than 795,000 coronavirus cases, 9,000 of them fatal, in a population of about 34 million.
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