Prospect of Fed Rate Increases Rattles Investors; Oil Prices at Seven-Year High — WSJ morningstar.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from morningstar.com Daily Mail and Mail on Sunday newspapers.
As opposition lawmakers initially block the budget, the finance ministry and central bank face new economic headwinds, Faced by a powerful opposition party, Finance Minister Ken Ofori-Atta s 2022 budget statement, presented on 17 November to Parliament, was always unlikely to have an easy passage. And so it has proved. The budget s plans for a 1.75% levy on electronic transactions, originally scheduled to become effective on 1 January and projected to raise close to 7 billion cedi that could fund key initiatives including road projects, was the main reason given by the opposition National Democratic Congress (NDC) for refusing to approve the budget on 26 November.
Nasdaq Tanks on Rising U.S. Yields, ARKK Appears to Confirm Double Top Pattern dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.