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TSX Slumps as Central Banks Hold Steady

  Canada’s Main Index Suffers Sharpest Drop Since May The Toronto Stock Exchange’s S&P/TSX composite index fell 169.92 points, or 0.6%, to close at 27,369.96 on Wednesday, marking its steepest single-day decline in ten weeks. The drop followed a record high the previous day, underscoring investor unease as both the U.S. Federal Reserve and the Bank of Canada opted to keep interest rates unchanged. The materials sector led the retreat, sliding 2.1% amid tumbling copper and gold prices. Financials and technology also posted losses, down 0.6% and 0.5% respectively, as eight of the index’s ten major sectors ended in the red. Market sentiment soured after the Fed’s decision to hold rates steady offered no clear timeline for future cuts, disappointing investors hoping for dovish signals. Meanwhile, the Bank of Canada maintained its benchmark rate at 2.75% for the third consecutive meeting, citing reduced risks of a global trade war. Among individual stocks, Capital Power Corp sa...

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Voices Behind Bars: Russian Dissidents Demand Mass Release in Pursuit of Peace

In a bold appeal from behind prison walls, eleven jailed Russian dissidents have issued a letter to global leaders urging the inclusion of a mass prisoner release in any future peace agreement between Russia and Ukraine. The group, which includes prominent figures such as Alexei Gorinov and 19-year-old activist Darya Kozyreva, called for the immediate exchange of all prisoners of war and civilians—both Russian political detainees and Ukrainian hostages—under the principle of “all for all”.

The dissidents estimate that over 10,000 individuals are currently imprisoned for political reasons or held as civilian hostages, many in Russian-controlled territories of Ukraine. Their letter, published via Reuters, paints a grim picture of the Russian justice system, describing it as devoid of fairness and increasingly repressive since the 2022 invasion of Ukraine.

The appeal was bolstered by support from Russian Nobel Peace Prize laureate Dmitry Muratov, who echoed the call for humanitarian action. The letter also demanded the unconditional release of ill political prisoners, citing deteriorating conditions and the risk of death in custody.

This plea comes amid stalled peace talks and a controversial Russian proposal that includes a mutual amnesty and the release of detained civilians as part of a broader ceasefire package. However, Ukrainian President Volodymyr Zelenskyy has dismissed the proposal as an ultimatum, and no further negotiations have been scheduled.

Despite their confinement, the dissidents remain defiant. “We are all punished for one thing—taking a civic stance,” they wrote, emphasizing that their voices, though silenced in courtrooms, still resonate in the global call for justice and peace.

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