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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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Gaza Strip Airstrikes: A Tragic Toll

 

On Thursday, Israeli airstrikes resulted in the deaths of at least 26 people across the Gaza Strip. The strikes targeted Hamas security officers and an Israeli-declared humanitarian zone. Among the casualties were three children and two senior Hamas police officers. 

The strikes have exacerbated the already dire humanitarian situation in Gaza, where hundreds of thousands of displaced people are seeking shelter. The ongoing conflict has led to widespread destruction and significant loss of life, with over 45,000 Palestinians killed since the war began. The international community continues to call for a ceasefire and a peaceful resolution to the conflict.

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