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Survivors Challenge Greek Coastguard Over Deadly Shipwreck

Protesters hold a banner against EU and Greek government policies towards migrants during a protest, following a deadly collision between a migrant boat and a coast guard vessel off the island of Chios, in Athens, Greece, February 5, 2026.  Survivors of a fatal shipwreck near the Greek island of Chios are disputing the Greek coastguard’s official account of the incident that left 15 Afghan migrants dead. Authorities claim the migrants’ dinghy was traveling without lights, ignored repeated warnings, and suddenly veered into a patrol vessel, causing the collision. Multiple survivors, however, insist that no warnings were issued and that the dinghy never changed course. They say the coastguard vessel only revealed itself moments before impact, leaving them no time to react. Their testimonies have intensified calls from human rights groups for an independent investigation into the circumstances surrounding the tragedy. The incident has renewed scrutiny of Greece’s border enforcement...
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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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