Ghana to Peru: more ripples from Ukraine storm
Governments around the world are scrambling to shore up economies hard hit by rising oil and wheat prices as a resut of the Ukraine war. Ghana has opened talks with the International Monetary Fund (IMF) for emergency relief after angry protesters flooded the streets of the capital Accra, clashing with police. Protests were called under the slogan “Arise Ghana” to pressure President Nana Akufo-Ad to address a dramatic spike in the cost of food and fuel. Meanwhile, the Central Reserve Bank of Peru is to raise its key interest rate in a bid to quell inflation, after freight shipping was briefly paralyzed across the country. The truckers’ union, the National Council of Terrestrial Transport, announced an “indefinite” strike, although it was suspended following a pledge by the government of President Pedro Castillo to bring soaring fuel prices under control. (Image via Twitter)