Profitloss Centerstage Events

Argentina, emerging as football champions in the FIFA World Cup 2022 edition, took center stage on Sunday, 18 December 2022 among all major events across the globe, and remains the highlight of this week's list of center stage events.
Picture Courtesy: Profit loss

Centerstage events of week 2

Ghana and the International Monetary Fund (IMF) have reached a...

Ghana and the International Monetary Fund (IMF) have reached a three-year loan agreement worth $3 billion as the country grapples with its severe economic crisis. The IMF announced the agreement on Tuesday, citing Ghana's significant depreciation of its currency, high inflation rate exceeding 40%, and mounting debt. The loan is aimed at providing much-needed financial support to address these challenges and stabilize Ghana's economy.

Monday, 12 December, 2022

In an unprecedented move, the United Nations has voted to...

In an unprecedented move, the United Nations has voted to expel Iran from the Commission on the Status of Women. The resolution, adopted with 29 in favor, calls for Iran's immediate removal from the body due to the death of Mahsa Amini and the violent crackdown on women's rights protests. This marks the first time a member has been removed from the Commission. The decision reflects the importance of upholding gender equality and empowering women within the UN framework.

Tuesday, 13 December, 2022

Twitter has suspended the accounts of multiple journalists who reported...

Twitter has suspended the accounts of multiple journalists who reported on negative news about Elon Musk and Twitter. Musk alleges that these journalists shared real-time location data, prompting the action. The suspensions come after a safety incident involving Musk's son in Los Angeles.

Wednesday, 14 December, 2022

The giant aquarium in the lobby of the Radisson Blu...

The giant aquarium in the lobby of the Radisson Blu hotel in Berlin has burst, causing extensive damage and flooding nearby streets. The AquaDom, the world's largest free-standing cylindrical aquarium, shattered, injuring two people. The hotel was evacuated, and most of the 1,500 fish in the tank perished. However, some surviving fish have been found and transferred to other aquariums. Efforts are underway to rescue additional fish in smaller tanks affected by the incident.

Thursday, 15 December, 2022

Uzbekistan has secured a nearly $1 billion loan from the...

Uzbekistan has secured a nearly $1 billion loan from the World Bank to aid its transition to a private sector-led economy. The financial support package includes highly concessional and low-cost loans to strengthen market institutions and ensure inclusive economic growth. The funds will support reforms in areas such as social protection, privatization of state-owned enterprises, and improvement of the private sector business environment. The loan aims to promote private sector participation and enhance competition, particularly in the mobile telecommunications sector.

Friday, 16 December, 2022

The 2022 FIFA World Cup, held in Qatar, is the...

The 2022 FIFA World Cup, held in Qatar, is the 22nd edition of the tournament and the first in the Arab and Muslim world. The competition features 32 teams, with the number set to increase to 48 in 2026. The event takes place over 29 days, with matches held in eight venues across five cities. Argentina emerges as the champions, defeating France 4-2 on penalties in the final. Kylian Mbappé and Lionel Messi receive individual honors for their outstanding performances. The tournament sets a record for the highest number of goals scored.

Saturday, 17 December, 2022

European Union member states have reached an agreement to implement...

European Union member states have reached an agreement to implement a natural gas price cap in response to the ongoing global energy crisis. The cap will take effect from February 15 if gas prices on the TTF benchmark surpass €180/MWh for three consecutive days and exceed a reference price based on LNG assessments by €35/MWh. The decision comes after extensive discussions among EU energy ministers and aims to address the energy crisis while generating differing opinions within the bloc.

Sunday, 18 December, 2022