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G7 foreign ministers concerned Chinese military actions near Taiwan threaten regional stability

China's increasingly assertive activities in the waters east of Taiwan "threaten regional stability, freedom of navigation and the safety of international shipping," the statement said.

  • G7 foreign ministers express deep concern over China's aggressive actions near Taiwan.
  • China's military activity in the region increased since June, with regular coast guard patrols.
  • G7 reaffirms opposition to unilateral attempts to alter the status quo through force or coercion.

120% collateral requirement shuts businesses out of credit — AGI

The Chairman of the Economic Affairs Committee of the Association of Ghana Industries (AGI), Eric Defor, has raised concerns about the difficulty businesses continue to face in securing bank loans…

  • Businesses face 120% collateral requirement for loans, hindering expansion.
  • AGI Chairman Eric Defor calls for government intervention in budget.
  • Banks well-capitalized but stringent lending conditions limit credit access.

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