Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Bank of Canada Poised to Cut Interest Rates Amid Trade Uncertainty

                                                

The Bank of Canada is expected to cut interest rates next week as the looming threat of tariffs from the United States continues to cast a shadow over the Canadian economy. With newly elected U.S. President Donald Trump threatening to impose a 25% tariff on all goods from Canada, the central bank is considering a 25-basis-point rate cut to mitigate potential economic damage.

Despite recent positive economic indicators, such as a 2% growth in the fourth quarter and the addition of 91,000 jobs in December, the uncertainty surrounding trade relations with the U.S. has prompted the Bank to take a cautious approach. The inflation rate, which slowed to 1.8% in December, is also a factor in the decision-making process, although core inflation measures remain high.

Economists are divided on the necessity of the rate cut, with some arguing that the central bank should hold off to maintain flexibility in the face of ongoing economic challenges. However, the prevailing sentiment is that the potential impact of tariffs outweighs other considerations, and a rate cut is the most prudent course of action.

The Bank of Canada's decision will be closely watched by markets and businesses alike, as it will have significant implications for borrowing costs and economic growth in the coming months.



Labels:

Comments

Post a Comment