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Rising Tensions as U.S. Threatens Expanded Strikes on Iranian Infrastructure

  Smoke rises following a reported strike, as burning debris litters the surrounding area, amid the U.S.-Israeli conflict with Iran, in Baharestan, Isfahan province, Iran in this screengrab taken from a social media video released on April 1, 2026. The United States has intensified its warnings toward Iran, signaling readiness to escalate attacks on key infrastructure as global powers work urgently to reopen the vital Strait of Hormuz. President Donald Trump stated that the U.S. military “hasn’t even started destroying what’s left in Iran,” emphasizing that bridges and electric power plants could be next targets.  Nearly five weeks into the conflict, the U.S.-Israeli aerial campaign has already damaged critical sites, including the newly built B1 bridge near Karaj, where eight people were killed and 95 injured, according to Iranian state media. Iran has condemned the strikes on civilian structures, arguing they will not force surrender.  Satellite imagery has shown smo...
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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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