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Khamenei Accuses Trump of Stoking Deadly Unrest in Iran

A demonstrator holds the burning head of an effigy depicting US President Donald Trump during a protest against the US. Iran’s Supreme Leader Ayatollah Ali Khamenei has intensified his criticism of the United States, directly accusing President Donald Trump of encouraging the wave of protests that has shaken the country. The demonstrations, which began as economic grievances, quickly expanded into broader political unrest and were met with a forceful response from Iranian security forces. Khamenei framed the turmoil as part of a foreign-backed effort to destabilize the Islamic Republic, arguing that Washington — and Trump personally — sought to inflame tensions and undermine Iran’s stability. Trump had publicly expressed support for the protesters and warned Iran against harsh reprisals, comments that Tehran dismissed as interference. While Iranian leaders attribute the unrest to outside influence, many demonstrators point to long-standing domestic frustrations, including economic h...

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Loonie Plummets to 2020 Lows Amid Trump's Tariff Threat

 

The Canadian dollar, commonly known as the "loonie," has fallen to its lowest level since May 2020 following threats from U.S. President-elect Donald Trump to impose tariffs on Canadian goods. Trump announced on social media that he plans to impose a 25% tariff on all products from Canada and Mexico until both countries address issues related to drug trafficking and illegal immigration.

The loonie dipped below 71 cents US in early trading on Tuesday, reaching 70.87 cents US, down from 71.53 cents US the previous day. This decline is attributed to increased trade tensions and concerns over the Canadian economy, which has already been under pressure due to recent interest rate cuts by the Bank of Canada.

Economists are divided on whether Trump will follow through with his threats, with some suggesting that the announcement may be a negotiating tactic. However, the uncertainty has already had a significant impact on the loonie and could affect Canadian businesses and consumers if the tariffs are implemented.

The situation remains fluid, and Canadian officials are closely monitoring developments to determine the best course of action.



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