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The west African nation has become the latest among a number of smaller emerging markets from Sri Lanka to Zambia to buckle under its debt burden as the economic fallout from COVID-19 and Russia's war in Ukraine fuelled inflation and borrowing costs around the globe. The to-do-list for Ghana's embattled government is long: pushing through a domestic debt exchange without upending its financial system, negotiating restructuring $13 billion in international bonds and executing spending cuts and tax rises.

The to-do-list for Ghana's embattled government is long: pushing through a domestic debt exchange without upending its financial system, negotiating restructuring $13 billion in international bonds and executing spending cuts and tax rises. Overseas investors have welcomed both the local debt exchange - which aims to swap bonds for longer maturities, cut interest rates and pause interest payments until 2024 - and the IMF deal, which still requires board approval, to help address Ghana's worst economic crisis in a generation.

At the UN Ocean Conference in Lisbon on Monday, UN Secretary-General António Guterres urged the international community to commit and unite around the protection and preservation of our seas.

Sets down to win 4—3. he'll play rob cross next. earlier on, scotsman alan soutar, who is a full—time fireman and also trains guide dogs, has made it through to the last 16 after beating seventh seed jose de sousa in a thrilling match at the palace. and in tennis, novak djokovic has pulled out of this week's atp cup in sydney, heightening speculation he could skip the australian open next month. the world number one is yet to confirm if he's received the coronavirus vaccination, having previously expressed his opposition to it. all players and staff competing in melbourne must be jabbed or...

And there's more covid news from the pdc world darts at alexandra palace, where a third high—profile player has been forced to withdraw — dave chisnall has joined three—time winner michael van gerwen and vincent van der voort in pulling out after a positive test. defending champion gerwyn price said he felt the tournament had been "devalued" with the loss of van gerwen. but price is still in contention — he's through to the quarter—finals, where he'll face michael smith, who came through one of the matches of the tournament so far. he and jonny clayton exchanged blows throughout, and...