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Bank of Canada Holds the Line as Global Turmoil Clouds Outlook

  Bank of Canada Governor Tiff Macklem takes part in a press conference in Ottawa on September 17, 2025 The Bank of Canada has opted to keep its key interest rate steady at 2.25%, a decision that reflects the delicate balancing act policymakers face as global uncertainty intensifies. With inflationary pressures rising and economic growth showing signs of strain, the central bank is navigating a narrow path shaped by forces largely outside its control. A major driver of the current tension is the surge in oil prices triggered by ongoing geopolitical conflict. Higher energy costs are feeding into broader inflation, raising concerns that price pressures could become more persistent. At the same time, elevated borrowing costs and weakening consumer confidence are weighing on domestic economic momentum. By holding the rate, the Bank of Canada signals caution: it aims to avoid stifling growth while still keeping inflation expectations anchored. The central bank emphasized that it rema...
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Trump Trial Turmoil: Jury Disruptions Threaten Court Proceedings

 


The criminal trial of former President Donald Trump in New York City has encountered significant disruptions, casting a shadow over the judicial process. Two jurors have been excused from duty after their personal details were inadvertently disclosed, leading to concerns for their safety and impartiality.

  • Juror Concerns: A nurse, known as “juror number two,” expressed fear for her public identification after friends and colleagues recognized her from news reports. Her apprehension about being fair and unbiased led to her dismissal from the trial.
  • Anonymity Compromised: The trial, which features an anonymous jury to protect against political tensions, has been compromised by detailed media reports. This has resulted in the identification of jurors, including a Puerto Rican IT consultant, “juror number four,” who also expressed annoyance.
  • Judge’s Directive: Justice Juan Merchan has urged journalists to exercise restraint and common sense in their reporting, specifically avoiding physical descriptions and employment details that could lead to juror identification.
  • Intimidation Tactics: The Manhattan District Attorney’s Office has highlighted Trump’s continued public comments about the trial, which may violate a gag order. This includes attacks on ex-lawyer-turned-witness Michael Cohen and comments on the jury’s composition.

The trial’s integrity is at stake as the court grapples with ensuring juror safety and maintaining the sanctity of the legal process amidst heightened political scrutiny and media attention.

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