Title: The Decline of the U.S. Dollar: Global Forces and Local Impacts in Ghana By: | Date: May 2025 The United States dollar, long regarded as the cornerstone of global finance, is undergoing a significant decline internationally and within Ghana. This shift is driven by a convergence of global economic realignments, geopolitical shifts, and strategic resource management, including Ghana’s increased gold reserves. 1. Global Decline of the Dollar: Policy-Driven Weakness One of the most influential drivers of the dollar’s depreciation in 2025 is the U.S. government’s aggressive economic policy under President Donald Trump. The administration has imposed steep tariffs on a broad spectrum of imports, including a blanket 10% tariff on all goods and an astonishing 145% tariff on Chinese products. These moves have triggered global trade disruptions, reduced investor confidence in the U.S. economy, and led to capital flight from American assets. In tandem, discussions of a po...
Kwame Nkrumah: 'Today we are here to claim this right to our independence', Motion of Destiny - 1953 July 10 1953, House of Commons, London, United Kingdom Mr Speaker, it is with great humility that I stand before my countrymen and before the representatives of Britain, to ask this House to give assent to this Motion… In seeking your mandate, I am asking you to give my Government the power to bring to fruition the longing hopes, the ardent dreams, the fervent aspirations of the chiefs and people of our country. Throughout a century of alien rule our people have, with ever increasing tendency, looked forward to that bright and glorious day when they shall regain their ancient heritage, and once more take their place rightly as free men in the world. Mr Speaker, we have frequent examples to show that there comes a time in the history of all colonial peoples when they must, because of their will to throw off the hampering shackles of colonialism, boldly assert their God-given ri...