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Government to pay 60% of car loan for MPs, Council of State members

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Government to pay 60% of car loan for MPs, Council of State members ONE MINUTE READ: The Finance Ministry had tabled two different loan agreements in Parliament to that effect. If approved, each MP and each council of state member will receive about $100,000 for the purchase of a vehicle. With regard to the MPs, government is seeking approval to secure a $28 million loan facility from the National Investment Bank for the initiative. It is further asking Parliament to ratify an additional $3.5 million loan agreement with the NIB to purchase vehicles for the 31-member council of State.

Finance minister Ken Ofori-Atta Tables US$28 Million Car Loan Purchase Agreement For 275 MPs.

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  Photo credit: Peace FM. ONE MINUTE READ: Finance Minister, Ken Ofori-Atta, has tabled before Parliament a car loan purchase agreement amounting to US$28 million for 275 Members of the Parliament, Citi News has reported. This would mean each MP is expected to receive an amount of US$100,000 for the purchase of a vehicle which will be sourced from the National Investment Bank. The papers which have been presented before the Finance Committee of Parliament will be considered and subsequently update the House with a report on the move. Already, Parliament on Tuesday July 6, 2021, approved a loan request by government from the World Bank to allocate an additional US$200 million to help it fight the coronavirus pandemic. A report by the Finance Committee of the House explained that government will, out of the total allocation, spend US$137.15million to procure COVID-19 vaccines intended to inoculate 7.6 million of the Ghanaian population and undertake other interventions in the health care

ASEPA Heads To Court Over Salaries For First And Second Ladies

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ONE MINUTE READ: ASEPA Heads To Court Over Salaries For First And Second Ladies The Alliance for Social Equity and Public Accountability (ASEPA) has served notice it is heading to court to challenge a decision to start paying salaries to the spouses of the president.

Lil baby arrested.

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ONE MINUTE READ: Lil Baby‘s trip to Paris Fashion Week did not go as planned. The 26-year-old rapper was arrested in Paris on July 8.  He was with NBA star James Harden, at the time of his arrest, though James was reportedly not arrested.

First baby born with Covid-19 antibodies after mother receives vaccine

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  After her mother was vaccinated against Covid-19, a baby girl was born with antibodies that fight the coronavirus in Florida in the eastern United States. The girl's mother was 36 weeks pregnant when she received the first dose of the antidote developed by the Moderna laboratory, to which she agreed because she was on the front line of the fight against the pandemic. The baby girl was born three weeks later, in late January. "As far as we know, this is the world's first reported case of a baby born with covid-19 antibodies after her mother's vaccination," said Paul Gilbert, a pediatrician. Gilbert and Chad Rudnick, also a pediatrician, will publish a scientific paper on the matter, they said in an interview with Palm Beach television station WBPF.

Billionaire Mackenzie Scott marries science teacher

 Billionaire MacKenzie Scott has married a science teacher at her children's school, two years after her divorce from Amazon founder Jeff Bezos. Ms Scott is one of the world's richest women and has given away more than $4bn (£2.9bn) of her fortune. The news of her marriage to Dan Jewett was revealed via the Giving Pledge philanthropy website. "Dan is such a great guy, and I am happy and excited for the both of them," Mr Bezos said in a statement. MacKenzie Scott gives away $4.2bn in four months Tech Tent: What next for stars of online retail? MacKenzie Scott donates $1.7bn since Bezos divorce Ms Scott, who is worth around $53bn according to Forbes's most recent estimate, has stated her intention to give the majority of it away. She has devoted much of her donations on women-led charities, food banks and Black colleges. Ms Scott was married to Mr Bezos for 25 years and helped him start Amazon in 1994. She is also the author of two novels. Her Amazon author page now

Elon Musk is asking about the Carnot efficiency of the Universe?

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  First of all, we would like to explain to you guys what is Carnot Efficiency in the first place before we even start. The Carnot Efficiency is the theoretical maximum efficiency one can get when the heat engine is operating between two temperatures: The temperature at which the high-temperature reservoir operates ( THot ). Now after we have explained what it is, now let’s jump right to Elon Musk tweeting about Carnot’s Efficiency in the universe. Here are some great reactions from twitter:

The Senate approves a $1.9 trillion stimulus package, drawing another step closer to final passage after turbulent stretch of voting

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  The Senate approves a $1.9 trillion stimulus bill after a marathon series of votes. The 50-49 vote fell along party lines, and no Republican supported the legislation. Now the House will take up the relief plan sometime early next week. Visit the Business section of Insider for more stories. The Senate approved the $1.9 trillion stimulus legislation on Saturday morning, putting Democrats another step closer to locking down President Joe Biden's first legislative achievement after a marathon day of voting. The economic aid package, set to be among the largest in American history, heads back to the House for final approval. Republicans united to oppose the measure in a 50-49 party-line vote. Sen. Dan Sullivan of Alaska was the lone Republican absent since he announced he had to fly home for a funeral on Friday. It capped a turbulent "vote-a-rama" that saw lawmakers bulldoze through dozens of amendments into the morning hours. Senators of both parties wandered out of the c

Biden opens up migrant child facility, prompting criticism from progressives like AOC

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 The Biden administration has reopened a controversial migrant facility to house unaccompanied minors. The administration says the reactivation is due to a surge in arrivals amid the COVID-19 pandemic. Progressives like AOC say the move "is not okay, never has been okay, never will be okay." Visit the Business section of Insider for more stories. The Biden administration on Monday reopened a migrant child facility in Carrizo Springs, Texas, to house 700 unaccompanied minors aged 13 to 17, sparking criticism from activists, immigration lawyers, and even some Democratic members of Congress.  Carrizo Springs, which once housed oil-field workers, was converted into a holding facility by the Trump administration in 2019. Like other migrant detention facilities used by the Trump administration, Carrizo Springs was the target of protests. Carrizo is what's known as an influx care facility, which means it's not subject to state regulations. In other words, it doesn't have

Jack Dorsey's Square is buying a majority stake in Jay-Z's music-streaming platform Tidal for nearly $300 million

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 Square is buying a majority stake in Tidal, Jay-Z's music streaming platform, for nearly $300 million. The move is set to bring Jay-Z to Square's board of directors. Digital-payments processor Square was set up by Twitter co-founder Jack Dorsey in 2009. Visit the Business section of Insider for more stories. Jack Dorsey's digital-payments processor Square is buying Tidal, Jay-Z's music streaming platform, for nearly $300 million, the companies announced Thursday. The move is set to bring Jay-Z to Square's board of directors. Square said it was buying a majority stake in Tidal for $297 million through a mix of cash and stock. Dorsey said Square would work with artists to grow their fanbases through simple integrations for merchandise sales, new listening experiences, and "complementary revenue streams." The Twitter executive thanked Jay-Z for his leadership and vision for TIDAL, and added he will help lead Square and Cash App and Seller by working on Squar