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UK Court Convicts Two Men in Deadly IS-Inspired Plot Against Jewish Community

mar Hussein (left) and Walid Saadaoui (right) have been found guilty of preparing acts of terrorism. Bilel Saadaoui (centre) was found guilty of failing to disclose information about acts of terrorism.  Two men have been found guilty of preparing acts of terrorism in a plot to massacre hundreds of Jews in northwest England. Walid Saadaoui, 38, and Amar Hussein, 52 , were convicted at Preston Crown Court after investigators uncovered their plan to smuggle automatic weapons and ammunition into the UK. Authorities revealed that the men intended to launch a gun rampage targeting mass gatherings of Jewish people. Saadaoui had arranged for four AK-47 rifles, two pistols, and 900 rounds of ammunition to be imported, believing he was working with a fellow extremist. In reality, he was communicating with an undercover operative known as “Farouk,” who exposed the plot. Police described the scheme as potentially “ one of, if not the, deadliest terrorist attacks in UK history .” The convi...
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Bank of Canada’s Rate Decision Hangs in the Balance Amid Trade Turmoil and Election Uncertainty

The Bank of Canada is facing a tough call on its latest interest rate decision, with market expectations nearly split between a rate cut and a pause. The central bank has already made seven consecutive cuts since June 2024, bringing its policy rate to 2.75%. However, ongoing trade tensions with the U.S. and uncertainty surrounding the upcoming federal election have complicated the outlook.

Recent inflation data showed a slowdown, with March’s annual inflation rate cooling to 2.3%. This has given policymakers more room to consider another rate cut, but concerns remain about the broader economic impact of U.S. tariffs on Canadian businesses and consumers. Some economists argue that a cut is necessary to cushion the economy, while others warn that holding steady might be the safer move.

Governor Tiff Macklem has acknowledged the “pervasive uncertainty” created by shifting trade policies, stating that multiple economic outcomes remain plausible. With consumer confidence shaken and the housing market struggling, the Bank’s decision today could have significant ripple effects across the economy.

Will the Bank of Canada opt for another cut, or will it hold firm in the face of uncertainty? The answer will shape Canada’s economic trajectory in the months ahead.

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