December 2022 - Page 34 of 60

14 Dec

Fuel Prices To Fall Significantly From December 16, 2022

wontumionlineBusinessfuel prices, OMCs

Prices of petroleum products are expected to fall significantly beginning this Friday, December 16, 2022, the Institute for Energy Security (IES) has projected. According to IES, the expected price drops would be significant due to the 6.60% appreciation of the cedi against the US dollar. It said the new prices will fall to about ¢13 and ¢16 per litre for petrol and diesel, whilst Liquefied Petroleum Gas will go for about ¢12 per kilogram. Even before that, some Oil Marketing Companies (OMCs) have begun reducing prices of petroleum products at the pumps. “With the continued price falls recorded on the…

14 Dec

‘To Finish This Way Is Brilliant’ – Messi Confirms Qatar Final Will Be His Last World Cup Game for Argentina

wontumionlineSportsArgentina, Lionel Messi, World Cup 2022

Lionel Messi confirmed that the Qatar 2022 final will be his last World Cup game for Argentina after starring in their semi-final win over Croatia. The 35-year-old opened the scoring from the spot against Croatia and provided Julian Alvarez with an assist for one of his two goals as Argentina ran out comfortable 3-0 winners. Messi can now look forward to his second World Cup final appearance, having finished as a runner-up in 2014, but he has admitted that it is likely to be his last outing in the international competition. "I am very happy for finishing my journey in…

14 Dec

Moroccan Fans Brace For Fairy Tale Semi-Final Clash

wontumionlineSportsMoroccan Fans, World cup

Moroccans are eagerly anticipating their team’s semi-final World Cup match against reigning champions, France. Morocco became the first Arab and African side to make it to a World Cup semi-final, after defeating Portugal last week in a shock result. Across Casablanca, a port city in western Morocco, café owners are setting up for the biggest football game of their lives. Tables are being cleared out, and rows of chairs lined up in front of giant screens, ready for the throngs of supporters who will be pouring into the city’s many coffee shops to watch the game. Vendors selling flags and…

14 Dec

GFA Cautions Persons and Media Defaming Black Stars, Threatens Legal Action

wontumionlineSportsGhana Football Association

The Ghana Football Association has issued a stern warning to persons who have targeted the governing body with malicious and defamatory claims, saturated with a "manufacture of a non-existent scandal" about the Black Stars following the team's exit from the 2022 FIFA World Cup in Qatar. The Black Stars exit from the global showpiece has sparked the naysayers into spontaneous motion, making widespread claims against the leadership of the association, officials and the Black Stars. The Ghana FA has been forced to issue a strong warning against persons who they believe are maliciously peddling falsehood aimed at courting disaffection for…

14 Dec

EU Meets To Try To Break Gas Price Cap Impasse

wontumionlineBusinessEuropean Union

European Union energy ministers are meeting in Brussels on Tuesday to try to agree a bloc-wide cap on gas prices after months of deadlock over whether the measure can ease Europe's energy crisis. After weeks of infighting between countries, the European Commission proposed a price cap last month - the latest EU response to a crisis caused by Russia cutting gas deliveries to Europe this year, leading to energy price spikes. "European citizens are in agony, European businesses are closing and Europe has been needlessly debating," Greek Energy Minister Konstantinos Skrekas said on Tuesday, calling for a swift deal on…

14 Dec

Court Agrees Ato Essien’s GH¢90m Repayment Terms

wontumionlineBusinessAto Essien

An Accra High Court has revised its stance and agreed to the terms of Ato Essien’s GH90 million payback agreement. The settlement agreement reached by state prosecutors and the troubled founder of the now-defunct Capital Bank, Ato Essien, was rejected last week by the court presided over by Justice Eric Kyei Baffour. The agreement was rejected by Justice of Appeal Eric Kyei Baffour, who was sitting as an additional High Court Judge, stating that the amount promised to be paid was insufficient. The case was then postponed until December 13 so that the parties could address the court regarding the legality of…

14 Dec

U.S. Dollar Likely To Remain Strong In 2023 Amid Recession Fears

wontumionlineBusinessdollar

A breathtaking surge in the U.S. dollar trampled foreign currencies, gouged corporate profits and gave investors one of the year’s few winning trades. Though the greenback has stumbled in recent weeks, recession worries may keep it elevated in 2023. At its September peak, the dollar stood at its highest level in nearly two decades after rising some 20% against a basket of currencies. Those year-to-date gains have been roughly cut in half as investors bet the Federal Reserve is closer to slowing the pace of the rate increases that helped fuel the dollar's gains. While rising U.S. yields were a…

14 Dec

‘Harry & Meghan’ Documentary Ranks As Netflix’s Biggest Documentary Debut

wontumionlineShowbizMeghan, Prince Harry

Netflix Inc's (NFLX.O) documentary series about Britain's Prince Harry and his wife Meghan racked up more viewing time on the streaming service than any other documentary during its first week, the company said on Tuesday. The first three episodes of "Harry & Meghan" recorded 81.55 million viewing hours after its debut last Thursday, Netflix said in a statement. More than 28 million households watched at least part of the series. "Harry & Meghan" was the second-most watched English-language series on Netflix globally between Dec. 5 and 11, behind only Addams Family drama "Wednesday." "Harry & Meghan" was the number one…

13 Dec

EOCO Seizes 37 Luxury Cars Allegedly Stolen From USA And Canada, Arrests 10 Garage Owners

wontumionlineNewsEconomic and Organised Crime Office, EOCO

The Economic and Organised Crime Office (EOCO) has arrested ten (10) garage owners in Accra after an intelligence-led investigation found thirty-seven (37) luxury cars believed to have been stolen from the United States of America and Canada. In a statement posted on its official Facebook page on Tuesday, December 13, 2022, EOCO said that the operation was carried out in collaboration with the Federal Bureau of Investigation (FBI) and Royal Canadian Mounted Mice (RCMP). “On Friday, December 9 2022, thirty-seven (37) of such vehicles were retrieved from some garages in Accra during which ten (10) persons were arrested. The suspects have…

13 Dec

Wizkid Cancelled The Show With A Text At 3:03am; Live Hub Rep Reveals

wontumionlineShowbizLive Hub entertainment, Wizkid

A representative from Live Hub Entertainment has disclosed how Wizkid surprisingly called off his Accra Sports Stadium show. The Nigerian musician was booked to perform at the musical concert organised by the Live Hub Entertainment over the weekend, however, Wizkid did not show up despite fans trooping the Ohena Djan Sports Stadium in Accra. WizKid later claimed that he shun the show because the organisers did not meet his requirements. "Unfortunately, up until the day of this show, there continued to be safety and production issues that prevented me from putting on a high quality show that my fans deserve,"…