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Canada Holds Steady: Interest Rate Pause Signals Cautious Confidence

                      The Bank of Canada also held its policy rate at its last scheduled rate announcement in December. The Bank of Canada has opted to keep its key interest rate at 2.25% , a move that underscores a careful balancing act as the country approaches a pivotal moment in North American trade relations. With CUSMA (the Canada‑United States‑Mexico Agreement) negotiations on the horizon, policymakers appear intent on maintaining stability while assessing potential economic turbulence. The decision reflects a mix of optimism and prudence. Inflation has been easing gradually, giving the central bank some breathing room. At the same time, global economic uncertainty and the high stakes of upcoming trade talks mean officials are reluctant to introduce new variables into the financial system. By holding the rate steady, the Bank of Canada signals confidence in the economy’s underlying resilience while acknowledgin...

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Escalating Tensions: Gaza’s Main Hospital Targeted Amid Famine Concerns

In a recent development that has escalated tensions in the region, Israeli forces have conducted another raid on Gaza’s principal medical facility. This operation comes at a time when the United Nations has issued a stark warning that famine could soon be a reality in the northern parts of the Gaza Strip.

The raid on the hospital has raised international concerns, as it is a critical infrastructure for the already beleaguered population of Gaza. The timing of the attack coincides with dire predictions from the UN, suggesting that food scarcity is reaching critical levels, potentially leading to widespread hunger.

As the situation unfolds, the international community watches with bated breath, hoping for a swift resolution that can prevent further humanitarian crises in the area. The recent events underscore the urgent need for sustained peace efforts and humanitarian aid to address the immediate needs of the population at risk.

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