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IMF Approves $3bn Loan for Ghana

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The International Monetary Fund (IMF) executive board has approved a three billion U.S. dollar Extended Credit Facility for Ghana to help the  address its current economic crisis.

In a statement, the IMF said the decision would enable an immediate disbursement of about 600 million dollars to Ghana.

It added that the facility would support “a comprehensive reform programme” by the Ghanaian government to tackle the deep economic crisis brought on by a combination of large external shocks and preexisting fiscal and debt weaknesses.

The statement said the Ghanaian government’s reform programme would focus on restoring macroeconomic stability and debt sustainability while implementing wide-ranging reforms to build resilience and lay the foundation for more robust and inclusive growth.

Facing soaring inflation and currency depreciation, the Ghanaian government began negotiations with the IMF in July 2022 for a bailout package. (NAN)

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Comedian Russell Brand Pleads not Guilty to Rape, Sexual Assault

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British comedian and actor Russell Brand has pleaded not guilty to charges of rape and sexual assault.

The 49-year-old appeared in the dock at London’s Southwark Crown Court on Friday flanked by two officers, where he stood stock-still and looked straight ahead as he delivered his pleas.

He is accused of raping a woman in a hotel room while she attended a Labour Party conference in Bournemouth, and grabbing a TV worker’s breasts and orally raping her after dragging her into a male toilet.

Brand is also alleged to have grabbed a radio station worker’s face, pushing her against a wall and kissing her before groping her breasts and buttocks.

The final charge alleges the actor indecently assaulted another woman after grabbing her forearm and attempting to drag her into a male toilet.

The allegations against Brand are said to have taken place against four women between 1999 and 2005.

The defendant, of Hambleden, Buckinghamshire, who faces one count each of rape, indecent assault and oral rape, as well as two counts of sexual assault, is due to stand trial on June 3 next year at the same court.

As Friday’s hearing finished, the comedian replaced his sunglasses before exiting the dock and calmly walked past reporters.

He was charged following an investigation by Channel 4 and the Sunday Times newspaper in which several women made allegations against him.

Brand previously told his 11.2 million followers on X that he welcomed the opportunity to prove his innocence.(dpa/NAN)

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Man Sentenced for Blackmailing German Priest With Nude Photos

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 A 50-year-old man was on Friday given a 20-month suspended sentence for blackmailing a German priest with nude photos.

During the trial at Augsburg District Court in the southern state of Bavaria, the defendant, who had no previous convictions, admitted to all charges.

According to the indictment, he sent nude photos downloaded from an internet platform hosting homosexual content, as well as a photo showing the priest, to the theologian at the end of 2022.

He threatened to give the photos to television stations and publish them in the priest’s parish, and demanded the priest send him 50,000 euros (56,600 U.S. dollars).

Later, the defendant also sent an email with the nude photos to the priest’s parish office.

The priest did not respond to either attempt or contact but reported the matter to the police.

The defendant was charged with attempted extortion and sentenced to one year and eight months in prison.

The sentence was suspended on probation.

The man must also pay 800 euros.

The verdict is not yet final. (dpa/NAN)

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U.S Will Start Revoking Visas for Chinese Students

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The United States says it will begin revoking visas of Chinese students and tighten screening for future applicants from China and Hong Kong, the US State Department said on Thursday.

“The U.S. will begin revoking visas of Chinese students, including those with connections to the Chinese Communist Party or studying in critical fields,” US Secretary of State Marco Rubio said on social media platform X.

In a press release, the State Department stated that it would also revise visa criteria to enhance scrutiny of all future visa applications from the People’s Republic of China and Hong Kong.

It was not immediately clear how many students currently in the United States would be affected or whether any exemptions would apply.

According to the Institute of International Education (IIE), about 277,000 Chinese students were enrolled at U.S. universities during the 2023-2024 academic years, making them the second-largest group of international students after those from India.

The U.S. already applies strict visa rules for Chinese nationals in certain academic disciplines, particularly in science and technology.

China’s Foreign Office said it filed a complaint against the unjustified step.

Washington’s discriminatory actions expose the lie of freedom and openness that the U.S. has always boasted about, said spokeswoman Mao Ning in Beijing.

The new measures come amid reports that the State Department has halted new visa interviews for international students and exchange visitors while it reviews screening procedures, including expanded checks on social media activity.

The pause reportedly affects F, M and J visa categories, including those for students, interns and au pairs, with further instructions expected in the coming days.

However, relations between Washington and Beijing have deteriorated further since U.S President Donald Trump took office in January.

The two economic powers are engaged in a deepening trade dispute and competing for global influence across multiple fronts.(dpa/NAN)

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