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S&P/TSX composite index gains more than 350 points, U.S. stock markets also riseACCRA, Ghana (AP) — Voting closed Saturday evening in most polling centers throughout Ghana, bringing to an end the presidential and legislative elections poised to be a litmus test for democracy in a region shaken by extremist violence and coups . The capital, Accra, was almost a ghost town for much of the day. Even vibrant Oxford Street, one of the city's commercial hubs, saw little activity on the day that Ghanaians went to the polls to elect a new president and 276 legislators. Some 18.7 million people are registered to vote in the West African country hit by one of the worst economic crises in a generation. However, the two main candidates offer little hope for change for the nation. Early results were expected late on Saturday. The first official results will be released by Tuesday. Ghana used to be a poster child for democracy in the region. At a time when coups threatened democracy in West Africa, Ghana has emerged as a beacon of democratic stability with a history of peaceful elections. It had also been an economic powerhouse, priding itself on its economic development. But in recent years, it has struggled with a profound economic crisis, including surging inflation and a lack of jobs. According to an opinion poll released earlier this year by Afrobarometer, a research group, 82% of Ghanaians feel their country is headed in the wrong direction Although 12 candidates are running to become Ghana’s next president, Saturday’s election — like previous ones since the return of multiparty politics in 1992 — has emerged as a two-horse race. Vice President Mahamudu Bawumia is the candidate of the ruling New Patriotic Party, or NPP, which has struggled to resolve the economic crisis. He faces off against former President John Dramani Mahama, the leader of the main opposition party National Democratic Congress, or NDC. He was voted out in 2016 after failing to deliver on promises for the economy. Opinion polls point at a potential comeback for Mahama. A local research company, Global InfoAnalytics says he is projected to get 52.2% of the vote, followed by Bawumia, with 41.4%. After voting in the town of Bole in northern Ghana, Mahama praised the smooth election process and expressed confidence in his own victory. “In other elections, it had not been clear," he told reporters. “But (during) this election everyone sees where it is heading.” The NDC prides itself as a social democratic party, while the ruling NPP tags itself as leaning to the right. But in fact, analysts and voters said, the programs of their presidential candidates do not differ in a significant way. Members of parliament will also be elected Saturday. The ruling NPP party and the main opposition NDC each have 137 members in the 275-member legislature, with one independent member who has been voting mostly along with the ruling party. One more constituency will be added in this election, bringing the number of deputies to 276. In their final campaign rallies Thursday, both candidates made a last push to pitch their political parties as the answer to Ghana’s economic woes. Bawumia, 61, an Oxford-educated economist and former deputy governor of the country’s central bank, promised to build on the outgoing administration’s efforts and stabilize the economy. Mahama, 65, on the other hand, restated his promise to “reset” the country on various fronts. “We need to reset our democracy, governance, economy, finances, agriculture, infrastructure, environment, health sector, and all that we hold dear as a people,” the former president said. Across the the capital, Accra, the mood for the election has been upbeat in posters and billboards with bikers displaying stunts, political rallies on the streets, election jingles and songs blasting from public speakers. But the concern for many is also palpable for the key thing at stake: The country’s ailing economy, which has been challenged on various fronts in recent years. The country defaulted on most of its foreign debt last year as it faced a worsening economic crisis that spiked the price of fuel, food and other essential items. The inflation rate had hit 54% by the end of last year and though it’s been coming down since then, not many Ghanaians can still tell the difference when they go to the market. Ebenezer Kotey Dsane, a 69-year-old driver said he voted for Mahama because “he is a good man” who “set up much infrastructure when he was in office.” “The current regime hasn't done much,” he said, pointing to the La General Hospital in Accra, one of the capital's main medical facilities, pulled down in July 2020 by the current government with a pledge to reconstruct it. “Until today, nothing has happened.” Some chose not to vote at all. Ruth Mensah, 42, an unemployed resident of Nima, a working-class suburb in Accra, said she decided not to cast a ballot. “I don’t see how voting will bring about a change to my life,” she said. Patricia Seyram Hagbevor, 20, a first-time voter and student at Accra Technical University said she wished for a change. She didn't disclose whom she voted for, but said she “hoped for a change for the better that will help develop our future.” The chronic challenge of illegal gold mining — known locally as galamsey — has also been a major issue in the campaign and a source of concern for voters, triggering protests and criticism against the outgoing government. Ghana is Africa’s top gold producer and the world’s sixth largest, but the commodity has been increasingly mined illegally as people become more desperate to find jobs in an economy that has been crumbling. The mining has polluted rivers and other parts of the environment despite government actions to clamp down on the practice. Pronczuk reported from Dakar, Senegal.
NoneDaily Post Nigeria EPL: ‘They’re stronger’ — Guardiola on why City lost to Crystal Palace Home News Politics Metro Entertainment Sport Sport EPL: ‘They’re stronger’ — Guardiola on why City lost to Crystal Palace Published on December 7, 2024 By Don Silas Manchester City boss Pep Guardiola has explained why his team failed to beat Crystal Palace in the Premier League on Saturday. Guardiola watched as Man City played a 2-2 draw against Crystal Palace at Selhurst Park. Daniel Munoz put the hosts in front before Erling Haaland equalised for the visitors before the break. Maxence Lacroix then restored Palace’s lead despite City’s dominance. Rico Lewis eventually levelled the game again before he was shown a second yellow. Speaking after the game, Guardiola admitted that City made mistakes, adding that Palace were stronger than his team on set pieces. “Football is a game of mistakes,” Guardiola said in his post-match interview. “We made a fantastic two goals and of course in the set pieces right now they are stronger than us, every single team, so we try to concede few and that is what we are doing. To come back in this stadium is not easy; we tried, and I’m really pleased with many things I saw.” Related Topics: Crystal Palace EPL guardiola Don't Miss EPL: Man City title defence takes another blow after 2-2 draw with Crystal Palace You may like EPL: Man City title defence takes another blow after 2-2 draw with Crystal Palace EPL: Michail Antonio airlifted to hospital after car crash EPL: Liverpool warned Salah could cost them title this season EPL: Chelsea ready to allow midfielder leave Maresca’s side EPL: No doubt – Maresca puts Chelsea star on same level with Rodri, Rice EPL: 3 matches we could see shock results this weekend Advertise About Us Contact Us Privacy-Policy Terms Copyright © Daily Post Media Ltd
Hyderabad: The Gachibowli police, on Saturday, December 7, registered a case against Bharat Rashtra Samithi (BRS) MLA P Kaushik Reddy on charges of allegedly threatening police officials. This is the second case booked against the BRS leader with the first registered by the Banjara police for threatening and abusing a station house officer (SHO). The police officer alleged that MLA from Huzurabad threatened him and tried to obstruct the officer from performing his duties. Reddy’s arrest was criticized by many BRS leaders including T Harish Rao. On December 5, amid high drama, Rao along with K Prabhakar Rao, Shambipur Raju and others were detained by the police when they tried to meet Reddy at his residence. They were released the same evening. Although Reddy was arrested from his residence, he was immediately granted bail by a city court the following day. The magistrate imposed a penalty of Rs 5,000 and asked the accused to arrange two sureties. Since sections invoked against the MLA provide for less than seven years of imprisonment, the court granted him bail The judge warned the Huzurabad MLA against repeating the offence. Kaushik Reddy was arrested from his residence in Hyderabad amid high drama on Thursday.TOKYO, Dec. 11, 2024 (GLOBE NEWSWIRE) -- MEDIROM Healthcare Technologies Inc. (NASDAQ: MRM), “MEDIROM”, a holistic healthcare company that operates over 300 wellness salons across Japan and provides healthcare services, today announced the closing of its public offering of 2,860,000 American Depositary Shares at a public offering price of $1.75 per share, for gross proceeds of approximately $5,000,000 before deducting underwriting discounts and offering expenses. In addition, MEDIROM has granted the underwriters a 45-day option to purchase up to an additional 429,000 American Depositary Shares to cover over-allotments at the public offering price, less the underwriting discount. MEDIROM intends to use the proceeds for working capital and general corporate purposes, which may include investments, acquisitions, or strategic collaborations to expand its customer base, as well as marketing of new services. ThinkEquity is acting as sole book-running manager for the offering. A registration statement on Form F-1 (File No. 333-281771) relating to the shares was filed with the Securities and Exchange Commission (“SEC”) and became effective on December 9, 2024. This offering is being made only by means of a prospectus. Copies of the final prospectus may be obtained from ThinkEquity, 17 State Street, 41 st Floor, New York, New York 10004. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About MEDIROM Healthcare Technologies Inc. MEDIROM, a holistic healthcare company, operates over 300 wellness salons across Japan, Re.Ra.Ku® being its leading brand, and provides healthcare services. In 2015, MEDIROM entered the health tech business and launched new healthcare programs using an on-demand training app called “Lav®”, which is developed by MEDIROM. MEDIROM also entered the device business in 2020 and has developed a smart tracker “MOTHER Bracelet®”. In 2023, MEDIROM launched REMONY, a remote monitoring system for corporate clients, and has received orders from a broad range of industries, including nursing care, transportation, construction, and manufacturing, among others. MEDIROM hopes that its diverse health-related product and service offerings will help it collect and manage healthcare data from users and customers and enable it to become a leader in big data in the healthcare industry. For more information, visit https://medirom.co.jp/en . Forward-Looking Statements Regarding MEDIROM Certain statements in this press release are forward-looking statements for purposes of the safe harbor provisions under the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may include estimates or expectations about MEDIROM’s possible or assumed operational results, financial condition, business strategies and plans, market opportunities, competitive position, industry environment, and potential growth opportunities. In some cases, forward-looking statements can be identified by terms such as “may,” “will,” “should,” “design,” “target,” “aim,” “hope,” “expect,” “could,” “intend,” “plan,” “anticipate,” “estimate,” “believe,” “continue,” “predict,” “project,” “potential,” “goal,” or other words that convey the uncertainty of future events or outcomes. These statements relate to future events or to MEDIROM’s future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause MEDIROM’s actual results, levels of activity, performance, or achievements to be different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond MEDIROM’s control and which could, and likely will, affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects MEDIROM’s current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to MEDIROM’s operations, results of operations, growth strategy and liquidity. Contact: Investor Relations Team E-mail: ir@medirom.co.jp
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