Ghana has emerged from its worst economic crisis in a generation and is positioned for sustained growth, Finance Minister Cassiel Ato Forson announced Thursday, declaring the nation "back, strong, credible, and open for business" during his 2026 budget presentation to parliament.

Accra

Ghana's finance minister has announced that the country's economy has recovered from its most severe crisis in a generation. During a budget presentation, the minister projected real GDP growth of at least 4.8% in 2026, attributing the improvement to fiscal reforms and policies aimed at stabilizing the local currency and restoring investor confidence.

Inflation in Ghana has significantly decreased from a peak of 54% in January 2023 to 8% in October, which has enabled the central bank to implement a record interest rate cut. The government also plans to return to the domestic debt market in 2026, signaling a major step in the nation's economic recovery.

Ghana growth prospects strengthen amid increasing investor confidence

Ghana's finance minister has declared the nation's economy has rebounded from its worst crisis in a generation. During a budget presentation on Thursday, Kassiel Atofosun announced the country is now poised for sustained growth, projecting real GDP growth at at least 4.8 per cent in 2026, accredited fiscal reforms and prudent policies for restoring discipline, stabilizing the local currency and rekindling investor confidence. In a dramatic turnaround, inflation has plummeted from a record 54 per cent in January 2023 to just 8 per cent in October, allowing the central bank to make a record interest rate cut. Declaring Ghana is back strong, credible and open for business, the minister also announced plans for the country to return to the domestic debt market in 2026, signalling a major recovery for the West African country.

The AI firm Anthropic says Chinese hackers used its artificial intelligence tools to spy on tech companies, financial institutions and government agencies in what it believes is the first documented case of a worldwide cyberattack with minimal human involvement.

Rise of AI

Anthropic says Chinese hackers used its AI chatbot in cyberattack

Senior U.S. military officials have presented President Donald Trump with options for potential military operations inside Venezuela, including strikes on land, sources tell CBS News. Charlie D'Agata reports.

Washington

Trump weighs military plans against Venezuela

U.S. President Donald Trump is ducking press questions about newly released emails connecting him to convicted sex offender Jeffrey Epstein’s criminal activities ahead of an expected vote on releasing all Epstein case files by the U.S. House of Representatives as early as next week.

Trump avoids media’s Epstein email questions

The U.S. government lumbered back to life on Thursday (November 13) after the longest shutdown in U.S. history snarled air traffic, cut food assistance to low-income Americans and forced more than 1 million workers to go unpaid for more than a month. But the deep political divisions that caused the 43-day shutdown in the first place remain unresolved.

U.S. government opens up again but deep political divisions remain

China's factory output and retail sales grew at their weakest pace in over a year in October, piling pressure on policymakers to revamp the $19 trillion export-driven economy as mounting supply and demand strains threaten to further curtail growth.

Beijing

China's factory output, retail sales growth worst in over a year

Germany's government plans to bring back military service, to boost troop numbers to deal with the perceived threat from Russia. But voluntary conscription could become compulsory, if not enough recruits come forward.

Berlin

Germany outlines potential shift to compulsory conscription

As F-35 stealth fighter jets fly missions from a reopened naval base in Puerto Rico and Marines practice beach landings, sources tell CBS News the Pentagon is preparing for possible military action in Venezuela. Charlie D'Agata reports.

Pentagon preparing for possible military action in Venezuela

President Trump's name appears hundreds of times in the newly-released batch of 23,000 pages of records and messages from convicted sex offender Jeffrey Epstein, raising questions about their relationship. Mr. Trump has repeatedly denied any wrongdoing and has called the scandal a "hoax" perpetrated by Democrats.

Trump named hundreds of times in newly released Epstein files

A federal judge has ruled that hundreds of people detained by Immigration and Customs Enforcement during "Operation Midway Blitz" in the Chicago area must be released. CBS News immigration and politics reporter Camilo Montoya-Galvez has more.

Chicago

Judge finds ICE illegally arrested hundreds of people in Chicago

For the first time in six weeks, the U.S. government is open. President Trump signed a bill last night to fund the government through the end of January.

Trump says he is 'willing to work with anyone' on health care

U.S. forces have killed four people in the latest strike on an alleged drug boat in the Caribbean. CBS News national security coordinating producer James LaPorta has more.

Caracas

U.S. forces kill four in latest Caribbean drug boat strike

Israeli settlers set fire to a mosque in the West Bank on Thursday (November 13) and sprayed racist slogans on its walls, Palestinian residents said.

Jerusalem

Middle East Conflict

Israeli settlers torch mosque in West Bank, residents say

Thailand-Cambodia border tensions escalate days after a US-backed ceasefire agreement breaks down.

Bangkok

Thailand-Cambodia tensions escalate as truce hangs in the balance

A bipartisan group of lawmakers is one step closer to the full release of the Justice Department's documents on Jeffrey Epstein after securing the final signature needed to force a House vote. Scott MacFarlane reports.

House to vote on Epstein files release after bipartisan group push

With the Amazon nearing a tipping point, Indigenous voices are demanding immediate action at COP30, with campaigners saying their protests are a stark reminder that time is running out to stop catastrophic climate change.

Belém

Indigenous voices demand action at COP30 amid Amazon crisis

The U.S. government's longest standoff left both parties facing heavy criticism, and neither is likely to claim victory. Millions of Americans felt the impact, from hundreds of thousands of unpaid federal workers to families left without food stamps.

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Venezuela is preparing a 'massive mobilization' of its military as the U.S.’s largest warship arrives in the Caribbean Sea after U.S. President Donald Trump ordered a military buildup in the region.

Venezuela readying military as U.S.’s largest warship arrives

After 43 days, Congress passes a bill to reopen the U.S. government—Trump to sign spending legislation into law.

Washington County

U.S. House votes to re-open government, Trump to sign bill

Linda Sun faces trial – Prosecutors allege she secretly advanced China’s interests while serving in New York government.

New York

Ex-aide to NY governor accused of being China agent

The House passed a funding bill to end the government shutdown on Wednesday night, sending the measure to President Trump's desk for final signature.

House passes bill to fund government and end U.S. shutdown

Canada’s Foreign Minister Anita Anand met with U.S. Secretary of State Marco Rubio during the G7 summit to discuss defense, trade, and global security cooperation amid growing geopolitical tensions.

Kananaskis

Canada meets with U.S. counterpart Rubio at G7 summit

Venezuela has announced a "massive mobilization" of its military forces, as the U.S. continues its military buildup in the Caribbean. The announcement comes in the wake of U.S. strikes that have targeted at least 20 vessels in the waters around Latin America, killing dozens of people.

Venezuela mobilizing military as U.S. builds up military presence

The House of Representatives is preparing to vote on a long-awaited bill to end the government shutdown. CBS News congressional reporter Taurean Small has more from Capitol Hill.

House of Representatives ready vote on ending government shutdown

Warning: Some details are disturbing. An Army OB-GYN in Texas is accused of years of sexual assault and abuse of women on multiple bases, according to a recent lawsuit.

Killeen

Army gynecologist accused of secretly taking videos during exams

U.S. House Democrats on Wednesday released emails from Jeffrey Epstein referencing President Donald Trump, who has denied any knowledge of the convicted sex offender's crimes. In a 2019 email, Epstein said Trump "knew about the girls as he asked Ghislaine to stop."

New emails from Epstein mentioning Trump released by House Democrats

Cleveland Guardians pitcher Luis Ortiz was arraigned on Wednesday and pleaded not guilty to allegations of taking bribes to rig pitches. CBS News' Shanelle Kaul reports.

Brooklyn

Guardians pitcher Luis Ortiz arraigned, pleads not guilty

UK Prime Minister Keir Starmer backed the BBC while urging it to correct errors after U.S. President Donald Trump threatened a $1 billion lawsuit over a misleading edit of his Jan. 6, 2021 speech. The controversy led to the resignations of the BBC director general and head of news.

London

UK PM Keir Starmer backs BBC amid Trump threat

The U.S. House of Representatives will vote Wednesday on a spending bill that passed in the Senate earlier this week and could bring the longest government shutdown to an end.

House to vote on funding bill that could reopen government

The USS Gerald Ford aircraft carrier strike group has moved into the Latin America region, U.S. officials say, dramatically escalating a military buildup that has deepened tensions with Venezuela.

Largest U.S. aircraft carrier sailing to Latin America region

U.S. President Donald Trump sent a letter to Israeli President Isaac Herzog urging him to pardon Prime Minister Benjamin Netanyahu. CBS News' Courtney Kealy has more.

Breakdown