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Jordan Joins U.S.-Led Airstrikes Against ISIS in Syria

This photo provided by the U.S. Air Force shows a U.S. Airman preparing an A-10 Thunderbolt II for flight from a base in the U.S. Central Command area of responsibility, Friday, Dec. 19, 2025, in support of Operation Hawkeye Strike. Jordan announced that its air force has taken part in U.S.-led strikes targeting Islamic State positions in Syria, signaling a renewed show of regional cooperation against the extremist group. The operation comes as the United States carries out a series of retaliatory strikes following the recent killing of three American service members. In a statement, the Jordanian military said its aircraft conducted “precise airstrikes” on ISIS sites in southern Syria alongside U.S. forces. Officials emphasized that the mission aimed to prevent militant groups from using Syrian territory as a base to threaten neighboring countries. The U.S. strikes reportedly hit multiple ISIS-linked facilities, including infrastructure and weapons storage locations, as part of a b...

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Canada's Economy Shows Mixed Signals: Strong Growth in October, Contraction in November

 

Canada's economy exceeded market expectations with 0.3% growth in October, led by increases in oil and gas extraction and manufacturing, but gross domestic product likely contracted in November, data showed on Monday.

Analysts had forecast a 0.2% month-over-month rise in October, but the actual growth rate was higher. September's growth rate was also upwardly revised to 0.2% from an initial report of 0.1%. However, preliminary estimates for November indicate a contraction of 0.1%.

The stronger-than-expected growth in October was driven by a rebound in the goods-producing industry, which rose 0.9% after shrinking for four consecutive months. The mining, quarrying, and oil and gas extraction sector expanded 2.4% after three straight months of declines. Manufacturing also saw a rise of 0.3% in October.

Despite the positive performance in October, the preliminary data for November suggests a contraction, with declines in sectors including mining, quarrying, and oil and gas extraction, as well as transportation and warehousing. These declines were partially offset by increases in accommodation and food services and real estate and rental and leasing.

The Bank of Canada has been cutting interest rates to address slower growth, with a recent 50 basis point reduction bringing the key policy rate to 3.25%. The central bank will release fresh forecasts along with its next rate decision on January 29.

With October's stronger-than-expected gain and November's decline, the industry-based data point to the economy growing at a 1.7% annualized pace in the final quarter, assuming December growth is flat.



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