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Ghana’s economy will be doomed if anti-gay bill is assented into law – US Professor

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A United States-based Democracy Scholar at Hoover Institute and Stanford University, Professor Larry Diamond has cautioned of dire economic consequences should Ghana assent the controversial anti-LGBTQ+ bill into law.

According to him, any attempts to pass the bill into law would be economically catastrophic for Ghana and the investment climate.

Speaking in an interview on Accra-based Citi TV’s Point of View program, the US-based Professor explained that foreign investors, would for instance, place significant restrictions on Ghana on the basis that the country is infringing on the rights of a minority group.

He also argued that assenting the bill into law would ward off potential investors who are seeking to make investments into the country.

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“I would remind people of what some friends of Ghana have been saying. This act will be a disaster for Ghana economically [if assented into law]. Because Western companies are not going to come and invest in a country that is pummeling minority rights,” the US-based Professor said.

“The extreme religious rights have failed to achieve this religious agenda in the United States. And so now they are coming to Africa to try and push the agenda. People who complain about neo-colonialism? Shouldn’t they be asking questions about this?” Professor Diamond questioned.

Meanwhile, the Ministry of Finance has outlined the potential economic implications of passing the anti-gay bill into law. In a recent memo issued, the Ministry said Ghana risks losing about US$3.8 billion in funding over the next five to six years.

The Ministry also urged the President to defer signing the anti-LGBTQ+ bill into law citing a wave of economic implications that could derail economic gains made towards restoring macroeconomic stability.

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There will be no same sex marriage again -Trump vows to end ‘transgender madness ‘

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President-elect Donald Trump on Sunday pledged to “stop the transgender lunacy” on day one of his presidency, as Republicans — set to control both chambers of Congress and the White House — continue their push against LGBTQ rights.

“I will sign executive orders to end child sexual mutilation, get transgender out of the military and out of our elementary schools and middle schools and high schools,” the president-elect said at an event for young conservatives in Phoenix, Arizona.

He also vowed to “keep men out of women’s sports,” adding that “it will be the official policy of the United States government that there are only two genders, male and female.”

Speaking to the AmericaFest conference in a border state he easily carried in the November election, Trump further promised immediate measures against “migrant crime,” vowed to designate drug cartels as foreign terrorist organizations, and doubled down on his talk of restoring US control of the Panama Canal.

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Transgender issues have roiled US politics in recent years, as Democratic- and Republican-controlled states have moved in opposite directions on policy such as medical treatment and what books on the topic are allowed in public or school libraries.

Last week, when the US Congress approved its annual defense budget, it included a provision to block funding of some gender-affirming care for the transgender children of service members.

In his speech Sunday, which amounted to something of a victory lap, Trump made expansive promises for his second term — and drew a dark picture of the four years preceding it, under President Joe Biden and Vice President Kamala Harris, the latter of whom he defeated in the 2024 election.

“On January 20, the United States will turn the page forever on four long, horrible years of failure, incompetence, national decline, and we will inaugurate a new era of peace, prosperity and national greatness,” Trump said, referring to his swearing-in.

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– ‘Golden age’ –

“I will end the war in Ukraine. I will stop the chaos in the Middle East, and I will prevent, I promise, World War III.”

He added: “The golden age of America is upon us.”

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Fresh Israeli Airstrikes In Gaza Kill 25 Palestinians Including Children

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Fresh Israeli airstrikes in the Gaza Strip have killed at least 25 Palestinians, according to medics.

The casualties on Friday included at least eight people in an apartment in the Nuseirat refugee camp and 10 others in the town of Jabalia, among them seven children.

Efforts to broker a ceasefire between Israel and Hamas have yet to succeed.

Sources involved in the negotiations told Reuters on Thursday that Qatar and Egypt had resolved some points of contention but key issues remain unresolved.

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Israel launched its assault on Gaza following Hamas-led attacks on Israeli communities on October 7, 2023.

The attacks resulted in the deaths of 1200 people and the abduction of over 250 hostages, according to Israeli reports.

Israel states that approximately 100 hostages are still being held, though it is unclear how many remain alive.

Gaza authorities report that Israel’s ongoing campaign has killed more than 45,000 Palestinians and displaced the majority of the 2.3 million residents.

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Much of the territory has reportedly been devastated by the conflict.

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Biden signs bipartisan funding bill to keep government open

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President Biden signed the stopgap funding bill that will keep the government open until March, punting the thornier issues surrounding the nation’s finances to the incoming administration of President-elect Donald Trump.

A bloated 1,500-page funding measure was exploded by Trump and his top ally Elon Musk earlier this week as they demanded a pared-down version.

The parties were able to cobble a stopgap bill together Friday evening, which passed the Senate early Saturday morning.

The package funds the government at current levels until March 14, 2025, and includes $100 billion in hurricane relief funds and $10 billion in aid to farmers.

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With the stopgap funding only running until March, an almost certain clash is looming between Trump and GOP spending hardliners when Congress reconvenes in January.

“The bipartisan funding bill I just signed keeps the government open and delivers the urgently needed disaster relief that I requested for recovering communities as well as the funds needed to rebuild the Francis Scott Key Bridge,” Biden said in a statement after inking the deal.

The post Biden signs bipartisan funding bill to keep government open appeared first on New York Post.

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