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Lebanon Seeks to Distance State from Hezbollah After Cyprus Drone Incident

                                                         File photo: Youssef Ragg Lebanon has urged Cypriot authorities and the public not to conflate the Lebanese state with Hezbollah following a drone strike that originated from Lebanese territory and hit Cyprus six days earlier. Lebanese Foreign Minister Youssef Raggi emphasized that the attack was carried out independently by Hezbollah and does not reflect the policies, values, or intentions of the Lebanese government.  Raggi stressed that Lebanon rejects any attempt to use its territory for external agendas and reiterated that Hezbollah’s actions fall outside the state’s legal authority. He called on Cyprus to distinguish between the official Lebanese government and groups operating autonomously, noting that Lebanon has consistently affirmed its sovereignty ...
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TSX Climbs Following Bank of Canada's Rate Cut

 

Canada's main stock index, the S&P/TSX Composite, continued its upward trajectory today, buoyed by the Bank of Canada's decision to reduce interest rates. The index rose by 95.91 points, or 0.38%, reaching 25,600.24 points.

Investors welcomed the rate cut, which is expected to lower borrowing costs and stimulate economic activity. The move comes amid concerns about sluggish economic growth, despite inflation remaining within the target range.

The materials sector, particularly mining stocks, saw significant gains, contributing to the overall positive market sentiment. Additionally, oil prices rose on expectations of increased demand from China, which announced a relaxation of its monetary policy.

Analysts remain optimistic about the TSX's performance, with some predicting continued growth into the next year.




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