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Bank of Canada Holds Steady Amid Trade Turbulence

  The Bank of Canada has opted to maintain its key interest rate, signaling a cautious approach as uncertainty swirls around international tariffs and trade relations. This move keeps the benchmark rate unchanged, offering a stabilizing signal to markets while leaving room for potential rate cuts in the months ahead. The decision reflects concerns over economic fragility, particularly as Canadian exporters face mounting pressure from shifting global trade dynamics. While inflation has shown signs of easing, policymakers remain wary of unpredictable external shocks that could weigh on domestic growth. Governor Tiff Macklem indicated that future rate adjustments are not off the table, especially if trade tensions escalate or if inflation continues to track below target. Analysts interpret the Bank's message as a strategic pause rather than a pivot, allowing for flexibility in a volatile economic climate. For Canadian households and businesses, the move offers short-term reassuran...

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European Ministers Set for Crucial Nuclear Talks with Iran in Geneva

Foreign ministers from Germany, France, and Britain are scheduled to meet with their Iranian counterpart in Geneva this Friday for high-stakes nuclear discussions. The talks, coordinated with the United States, aim to secure firm guarantees that Iran's nuclear program will be used solely for civilian purposes.

The ministers will first consult with European Union foreign policy chief Kaja Kallas at Germany’s permanent mission in Geneva before engaging in a joint meeting with Iran’s foreign minister. According to diplomatic sources, the discussions will be followed by a structured dialogue at an expert level to further address concerns and technical details.

This meeting comes amid ongoing international scrutiny of Iran’s nuclear activities, with European leaders seeking to reinforce diplomatic efforts to prevent nuclear proliferation. The outcome of these talks could shape future negotiations and influence global security dynamics.


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