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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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Airstrikes Continue in Gaza Despite Ceasefire Announcement, Over 70 Lives Lost


In a tragic turn of events, the Gaza Health Ministry has reported that more than 70 people were killed in Israeli airstrikes following the announcement of a ceasefire agreement. The airstrikes, which occurred overnight, have shattered the brief moment of hope that had emerged with the ceasefire deal.

Residents of Gaza, who had been celebrating the anticipated truce, were met with columns of smoke and rubble as the airstrikes continued. Among the casualties were 20 children and 25 women, with around 200 others wounded. The scenes of devastation were repeated across the densely populated territory, where many have been displaced multiple times since the conflict began in October 2023.

The ceasefire agreement, brokered by Qatar and the United States, was set to take effect on Sunday, but the recent violence has cast doubt on its implementation. The Israeli military has not yet commented on the ongoing strikes.

As the international community watches closely, the hope for a lasting peace in Gaza remains fragile, with many fearing further bloodshed in the coming days.




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