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Karachi Mall Inferno Leaves Dozens Missing and a City in Mourning

Emergency personnel search for survivors, following a massive fire that broke out in the Gul Plaza Shopping Mall in Karachi, Pakistan. A massive fire at Karachi’s Gul Plaza shopping mall has left at least 19 people dead and dozens more missing, plunging the city into shock as rescue teams continue searching through the burned structure. The blaze erupted over the weekend, rapidly engulfing the multi‑storey building that housed hundreds of small shops and stalls. Firefighters battled the flames for more than a day before gaining control, but large sections of the mall collapsed or were left dangerously unstable. Rescue workers have been combing through the debris, recovering bodies and searching for survivors as anxious families wait outside for news of loved ones. Authorities warn that the death toll may rise, with many victims still unaccounted for and several remains requiring DNA testing for identification. The incident has sparked public anger over emergency response times and r...

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Bank of Canada’s Interest Rate Decision: What to Expect and What It Means for Canadians

 

The Bank of Canada’s interest rate decision is expected to be announced on Wednesday, January 24th, 2024. 

Economists are eagerly watching for any hints on when the bank plans to start cutting interest rates. Although the central bank might still keep the door open to more rate hikes on Wednesday, it’s unlikely that they’ll need to exercise that option.


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