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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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Canada’s Employment Boom: 76,000 New Jobs Signal Economic Recove

 


Canada’s labour market made impressive gains in January as the economy added a net 76,000 jobs, helping push the unemployment rate down to 6.6%. The surge in employment far exceeded economists’ expectations, signaling renewed confidence amid ongoing global economic uncertainties.

A key driver behind the strong performance was the manufacturing sector, which contributed roughly 33,000 new positions. This development underscores the sector’s reliance on U.S. demand for Canadian exports, a factor that has become increasingly significant given current trade tensions. In addition to the manufacturing boost, full-time employment also saw a healthy increase while part-time roles added to the overall strength of the report.

Despite these encouraging signs, analysts remain cautious. Although the unemployment rate has fallen, it still points to some underlying slack in the labour market. Wage growth moderated slightly to 3.5% on a year-over-year basis, which could influence upcoming monetary policy decisions by the Bank of Canada. With the possibility of further interest rate cuts on the horizon, this robust job report is likely to play a crucial role in shaping economic policy in the coming months.

The latest figures paint a positive picture for Canada’s recovery, offering renewed optimism for a more resilient and dynamic economic future.

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