IRAN DECLARES READINESS FOR CONFRONTATION AS TRUMP PLACES PLANNED MILITARY STRIKE "ON HOLD"

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  Read more TEHRAN / WASHINGTON  — Tensions between Iran and the United States have escalated sharply following a sequence of military preparations, public warnings, and high-stakes diplomatic interventions from Gulf Arab leaders. Iran's military leadership has announced that its forces are fully prepared for a direct confrontation, responding to a heavily publicized U.S. plan to launch a large-scale military operation. Speaking through the state-aligned ISNA news agency, Iranian Army spokesperson Mohammad Akraminia stated that any fresh aggression by the United States would prompt Tehran to "open new fronts" using updated tactical methods and military equipment. Iranian commanders added that recent domestic military drills demonstrate a high state of readiness to counter external threats at any location. A Placed Assault and a Gulf Intervention The warning from Tehran follows an abrupt announcement by U.S. President Donald Trump, who confirmed that a major military assau...
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President Mahama Directs End to Foreign Currency Denominated Government Contracts

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ACCRA, Ghana – In a significant policy shift, President Mahama has issued a directive that, effective today, July 24, 2025, all government contracts awarded will no longer be denominated in foreign currency. This new mandate applies irrespective of the funding source for the contract.

The directive was announced by Ato Forson, though further details on the implications and rationale behind the decision are anticipated. The move suggests a strategic effort by the government to potentially strengthen the local currency, manage foreign exchange risks, and promote greater stability within the national economy.

This policy change is expected to have broad implications across various sectors engaged in government projects, from infrastructure development to service provision. Contractors and stakeholders will likely need to adjust their financial planning and bidding strategies to align with the new requirement for local currency denominations.

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