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Greater Accra Regional Minister, Nii Armah Ashittey, on Thursday admitted that Ghana's decentralization programme has not worked effectively. He said the programme would be restructured to move the country forward. The Minister, who was…

The United States has slapped trade sanctions on a billion dollars worth of Chinese pipes, the Commerce Department said Friday just days before Chinese President Hu Jintao visits Washington. The department said it had made its "final…

Euro zone officials agreed on Friday on the terms of a possible financial rescue for Greece as a ratings agency downgraded its debt by two notches citing a worsening economy and rising borrowing costs. Deputy finance ministers and central…

A plane carrying Polish President Lech Kaczynski has crashed near a Russian airport, officials say. Russian media reported that 87 people were killed in the crash near Smolensk, and a regional governor was quoted as saying there were no…

China reported its first monthly trade deficit in nearly six years in March, a shift expected to be shortlived that may give Beijing only a slight respite from pressure to revalue its currency. The $7.24 billion trade deficit in March…

An inquiry has been launched into whether voicemail messages were intercepted as reporters covered the story of footballer John Terry and his alleged affair with a French model. The Guardian newspaper said the inquiry would renew…

Six people are facing identify theft charges on suspicion of stealing more than $170,000 worth of cash, clothing and jewelry from 20 people. The state attorney general's office charged five South Bay residents and one Vallejo resident with…

Two disparate portraits of Fannie Mae — one as the victim of an unprecedented dislocation in the housing market, the other as an example of a deeply rooted culture of arrogance and greed — were presented to the Financial Crisis Inquiry…

Shares on the Ghana Stock Exchange closed lower on Thursday on account of losses in three equities, reversing previous gains in the index. The benchmark GSE All-Share Index fell 160.85 points to close at 6,116.77 points from 6,277.62…

Mr Enoch .T. Mensah, acting Minister of Food and Agriculture has  warned the Landing Beach Committee members in charge of premix fuel, some of whom he said have turned themselves into desk despots, to render account of their stewardship…