International News
Ghana Risks Government Shutdown Amid Budget Impasse
Ghana’s parliament is unlikely to pass a provisional budget ahead of the December 7 general elections, raising concerns of an unprecedented government shutdown in early 2024.
The delay comes as the West African nation prepares to elect a successor to President Nana Akufo-Addo, whose two-term mandate ends in January.
Historically, a provisional budget is passed in November during election years to ensure the government operates smoothly until the incoming administration takes office.
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However, political gridlock and a legal battle over parliamentary majority have stalled progress this year.
“We risk a government shutdown or, at best, lean government spending from January,” said Seth Terkper, Ghana’s finance minister from 2013 to 2017, in an interview.
He warned that without a budget, the government might have to slash interest payments and funding for the transition process.
Parliament has been on indefinite break since October 23 due to a dispute over which of the two main political parties holds the majority of seats.
The Supreme Court ruled on November 12 that Speaker Alban Bagbin’s earlier declaration of the majority was unconstitutional.
Despite this, Bagbin has refused calls to reconvene parliament, arguing that it would disrupt the election campaigns.
“This situation is unprecedented,” said Patrick Yaw Boamah, chairman of parliament’s finance committee.
The Finance Ministry set a November 15 deadline for presenting the provisional budget, but no progress has been made.
With only weeks left before the end of the year, experts warn that Ghana’s economy, already under strain, could face severe disruptions if the impasse continues.
Ghana, the world’s second-largest cocoa producer, has not faced a budget failure in over three decades.
A government shutdown could disrupt essential services, including salary payments for public sector workers and interest obligations.
Labour unions are particularly concerned about the potential fallout.
“It’s a big problem,” said Joshua Ansah, head of the Trades Union Congress. “We hope they resolve it before January so it doesn’t affect salaries.”
International News
After Turbulent Elections, Portugal Swears In Seguro as President
Portugal officially inaugurated its new president, Antonio Jose Seguro, on Monday, pledging to bring stability to a nation shaken by political uncertainty and natural disasters.
Seguro, the centre-left candidate, won last month’s presidential run-off against far-right rival Andre Ventura, following weeks of catastrophic storms that killed at least seven people and caused approximately €4 billion ($4.6 billion) in damage.
Speaking at his swearing-in ceremony in Lisbon’s parliament, Seguro emphasized cooperation with the minority right-wing government and vowed to end the country’s “electoral frenzy.”
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“I will do everything I can to put an end to this electoral frenzy,” he said, pointing to the inability of previous governments to complete their terms.
Amid global crises, including conflicts in the Middle East and a more isolationist US approach under President Donald Trump, Seguro stressed the importance of multilateralism.
“The force of law has been replaced by the power of the strongest,” he remarked.
Seguro succeeds Marcelo Rebelo de Sousa, a conservative who leaves office at 77 after serving two five-year terms.
While the Portuguese presidency is largely ceremonial, Seguro’s leadership signals a commitment to political stability and international engagement.
International News
US-Israel-Iran War: Day Four Updates from the Middle East
The war involving the United States, Israel and Iran intensified on its fourth day Tuesday, with fresh explosions reported in Tehran, missile interceptions over Jerusalem, and rising tensions spreading across Lebanon and Gulf states.
AFP journalists in Tehran reported loud blasts across several parts of the Iranian capital, though officials did not immediately confirm the exact targets.
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The conflict began over the weekend after coordinated US and Israeli strikes reportedly killed Iran’s Supreme Leader, triggering retaliatory attacks across the region.
Iran Appeals to UN
Iran called on the United Nations Security Council to intervene and halt the war. Foreign ministry spokesman Esmaeil Baqaei said the council had a responsibility to act, insisting there were no legal obstacles preventing immediate action.
Oil Surges as Hormuz Disrupted
Global oil prices spiked amid fears of supply disruption, particularly as the strategic Strait of Hormuz — a crucial oil shipping route — was effectively closed.
Brent crude rose more than eight percent to $85.12 per barrel, its highest level since mid-2024. Meanwhile, precious metals fell sharply, with gold dropping over four percent and silver plunging more than 12 percent as investors shifted toward energy and the US dollar.
Iran Issues Fresh Threats
Iran’s Revolutionary Guards warned of intensified attacks on US forces and Israeli targets.
A spokesman vowed that “continuous punitive attacks” would follow, declaring that the “gates of hell” would open against both nations.
Israeli Troops Advance in Lebanon
Israeli ground forces reportedly advanced into areas near Kfar Kila and the Khiam plains along the Lebanon border.
Israel said the move was aimed at creating a buffer zone to protect its northern communities.
The escalation has displaced at least 30,000 people in Lebanon, according to the UN refugee agency.
Nuclear Site Damaged
The International Atomic Energy Agency confirmed that Iran’s Natanz Fuel Enrichment Plant sustained recent damage to entrance buildings at its underground facility. However, the agency said no radiological consequences were expected.
Gulf Capitals, US Embassy Hit
Explosions were also reported in Manama and Doha as Iranian strikes continued into a fourth day.
In the UAE, drone debris sparked a fire in an oil zone in Fujairah, though authorities said the blaze was contained.
Two drones reportedly struck the US embassy in Riyadh, causing a fire. Saudi officials condemned the attack as unjustified.
Tech Infrastructure Targeted
US tech giant Amazon confirmed that two of its data centres in the UAE were directly hit by drones, disrupting cloud services in parts of the Middle East. A nearby facility in Bahrain was also damaged.
Global Reactions
US President Donald Trump criticised UK Prime Minister Keir Starmer over disagreements on the use of British military bases, saying relations were “not like they used to be.”
France deployed Rafale fighter jets to protect its bases in the UAE, while China urged all sides to ensure safety in the Strait of Hormuz and called for an immediate ceasefire.
International News
Iran Presses UN Security Council to Intervene in Escalating War with Israel, U.S
Iran has called on the United Nations Security Council to urgently intervene and halt the ongoing war involving the Islamic Republic, Israel and the United States.
Speaking during a weekly foreign ministry briefing on Tuesday, Iranian Foreign Ministry spokesman Esmaeil Baqaei said the global body has both the authority and responsibility to act in order to prevent further escalation of hostilities.
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“The United Nations Security Council has a duty… if it wishes, it can certainly act, because there is no obstacle to its action except its own will,” Baqaei stated.
His remarks come amid rising tensions and continued military exchanges that have heightened fears of a broader regional conflict.
Iran maintains that international institutions must step in decisively to prevent further loss of life and instability across the Middle East.
Tehran’s appeal places renewed pressure on the Security Council’s five permanent members, whose divisions have often stalled unified action in past conflicts involving major global powers.
Analyst say any meaningful intervention would require consensus among key stakeholders, including Washington and its allies.
The war has drawn global concern, with several countries calling for restraint and diplomatic engagement to avoid further deterioration of security in the region.





