Monthly Archives

February 2010

China is top US debt holder

China remained the top holder in the ballooning US debt last year, revised data showed, after earlier indications it had been eclipsed by Japan drew speculation about Beijing's motives. Revised data released late Friday by the Treasury…

US Senate rebuffs financial reform

Marathon negotiations in the U.S. Senate on financial regulatory reform were set to continue on Sunday with a renewed focus on financial consumer protections after key Republicans rejected a compromise offer from the banking committee…

Chile tsunami hits Japan

The tsunami from an earthquake in Chile hit Japan's main islands on Sunday, but the initial waves washed ashore without causing any damage after sparing most of the Pacific islands that were in its path. Japan's Meteorological Agency said…

Russian oil major discovers more oil in Ghana

A consortium of oil companies led by Russia’s second oil major, LUKOIL has announced the discovery of a significant hydrocarbon accumulation in Ghana, making this discovery the latest find of more oil in the country. In a press statement…

Wa loses GH¢2m in 98 fire outbreaks

The Wa Municipality recorded 98 fire disasters last year but no death with damage caused to property valued at about two million Ghana cedis. Domestic fires topped the fire outbreaks during the year accounting for 35 cases while bush fires…