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Tehran Rocked by Renewed Israeli Strikes as Iran’s Leadership Council Assumes Control

  A woman reacts as she holds a placard with an image of Iranian late Supreme Leader Ayatollah Ali Khamenei, at a rally in solidarity with Iran after U.S. and Israeli strikes killed Ali Khamenei, in Beirut, Lebanon. Israel has launched another wave of airstrikes on Tehran, intensifying a rapidly escalating regional crisis just one day after the assassination of Iran’s Supreme Leader, Ali Khamenei. According to multiple reports, Israeli officials said the renewed strikes were intended to maintain air dominance as Iran faces its most significant leadership vacuum in decades.  The power void left by Khamenei’s killing has prompted Iran to activate a leadership council to stabilize governance. Inside the country, reactions have been sharply divided—some mourning the long‑time leader, others openly celebrating his death, revealing deep internal fractures.  The military confrontation has widened beyond Iran’s borders. Iran has retaliated with missile barrages targeting Israe...
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How the Bank of Canada envisions a digital dollar



The Bank of Canada has revealed some details about its potential digital currency, which would be a digital version of the Canadian dollar. The central bank has been researching the idea of a digital currency for several years, but has not yet decided whether to launch one.

According to a presentation by the bank’s deputy governor Timothy Lane, the digital currency would not pay interest or require identification from users. This would make it different from bank deposits, which pay interest and require verification, and cash, which does not pay interest but is anonymous.

The bank says that a digital currency would have several benefits, such as improving financial inclusion, reducing the use of cash, and enhancing the resilience and efficiency of the payment system. It would also give the bank more control over the money supply and potentially enable new monetary policy tools.

However, there are also challenges and risks associated with a digital currency, such as privacy and security issues, legal and regulatory implications, and the impact on the banking sector and the economy. The bank says that it is consulting with various stakeholders, including the public, to assess the pros and cons of a digital currency.

The bank has not yet announced a timeline for launching a digital currency, but says that it will be ready to do so if the need arises. The bank says that it will continue to monitor the developments of other central banks and private sector initiatives, such as cryptocurrencies and stablecoins, that could affect the demand for a digital currency.

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