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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 Conflict: Israeli Strikes in Gaza Result in Civilian Casualties

 

In a series of intense military operations, Israeli airstrikes across the Gaza Strip have resulted in the deaths of at least 20 Palestinians, according to medical sources. The strikes targeted various locations, including residential areas and temporary shelters housing displaced families.

Among the casualties were six individuals killed in attacks on tents in the coastal area of Al-Mawasi, designated as a humanitarian zone. Additionally, an airstrike on a house in Gaza City claimed the lives of seven people and injured ten others. The Gaza Health Ministry reported that 76 Palestinians have been killed in the past 24 hours due to ongoing Israeli military actions.

The Israeli military has stated that these operations are aimed at targeting “terrorist infrastructure” in response to ongoing hostilities with Hamas. However, the strikes have also exacerbated the humanitarian crisis in Gaza, with increasing reports of child malnutrition and shortages of essential supplies.

As the conflict continues, the international community remains deeply concerned about the escalating violence and its impact on civilians in the region.


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