Skip to main content

Featured

Bank of Canada Rate Decision: What to Expect on June 10

  On Wednesday, June 10, 2026 , the Bank of Canada will announce its next interest rate decision — and every Canadian with a mortgage, a savings account, or a variable-rate line of credit has good reason to pay attention. While a hold at the current 2.25% overnight rate is almost universally expected, the real story this month isn't the number itself. It's the language surrounding it. Canada's economy has slipped into what many are calling a technical recession, inflation is being pushed higher by a global energy shock, and economists are divided on where rates go from here. Here's everything you need to know before Wednesday's announcement. BoC Overnight Rate 2.25% Held since early 2026 Bank Prime Rate 4.45% Most major lenders April CPI Inflation 2.8% Up from 2.4% in March Hike Probability (Jun 10) ~4% Per bond markets Q1 2026 GDP Growth −0.1% Annualized; near-recession Where Things Stand: A Tricky Balancing Act The Bank of Canada has held its overnight rate at 2....

article

In a devastating turn of events, a football match in Nzérékoré, Guinea, ended in tragedy as a crowd crush claimed the lives of dozens of spectators. The incident occurred during a local tournament match between the teams of Labé and Nzérékoré, held in honor of Guinea's military leader, Mamady Doumbouya.

The chaos erupted following a controversial decision by the referee, which led to fans of the visiting team, Labé, throwing stones onto the pitch. The situation quickly escalated as police deployed tear gas to disperse the crowd, resulting in a deadly stampede. Harrowing footage from the scene shows fans scrambling to climb the stadium walls in a desperate attempt to escape.

Prime Minister Mamadou Oury Bah confirmed the tragic events, expressing deep sorrow and calling for calm as authorities work to restore order and provide aid to the injured. The exact number of casualties remains unclear, but reports indicate that many of the victims were children.

This incident is a stark reminder of the dangers posed by overcrowded stadiums and the need for stringent safety measures to prevent such tragedies in the future. The government has pledged to conduct a thorough investigation to determine the cause of the stampede and ensure accountability.

Comments