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Tensions Rise as Cuba Reports Deadly Clash With Florida-Based Speedboat

  Vice President JD Vance came to the Capitol to break the tie, meaning he vote was 51-50 for a Republican point of order to dismiss the war powers resolution. Cuba has reported a deadly confrontation off its northern coast, saying its forces killed four people aboard a Florida‑registered speedboat that allegedly opened fire on Cuban border troops. According to Cuba’s Interior Ministry, the vessel was detected roughly one nautical mile northeast of the El Pino canal in Cayo Falcones before the encounter escalated.  When Cuban Border Guard officers approached the boat for identification, those on board reportedly began shooting, injuring the commander of the Cuban patrol vessel. Cuban forces returned fire, killing four and wounding six others, who were later evacuated for medical treatment.  The incident comes at a moment of heightened tension between Cuba and the United States, with officials still working to determine the identities and motives of those aboard the spe...

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Canada’s Inflation Rate Eases to 2.7% in June

Canada’s annual inflation rate cooled to 2.7% in June, according to Statistics Canada. This figure came in slightly lower than financial industry consensus expectations. Here are the key points:

  • Monthly Basis: The Consumer Price Index (CPI) decreased by 0.1% in June.
  • Grocery Prices: While overall inflation eased, grocery prices continued to rise.
  • Interest Rate Implications: The Bank of Canada will closely scrutinize these figures as it prepares for its next interest rate decision on July 24.

This decline in inflation follows a period of higher rates during the pandemic. The current rate is nearing the Federal Reserve’s target, signaling a potential stabilization.


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