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Drone Strike on Besieged Sudan Mosque Kills Dozens Amid Escalating Darfur Siege

  At least 70 worshippers were killed and dozens more injured when a drone strike hit a mosque during Friday prayers in El Fasher, the capital of Sudan’s North Darfur region, according to medical and aid sources. The attack, blamed on the paramilitary Rapid Support Forces (RSF), reduced the mosque to rubble, with rescuers still pulling bodies from the debris. El Fasher — home to more than 260,000 civilians — has been under siege for over a year as the RSF battles Sudan’s army for control of the city, the military’s last stronghold in Darfur. Satellite imagery shows RSF advances into key military and humanitarian sites, including the nearby Abu Shouk displacement camp, which shelters hundreds of thousands. The United Nations condemned the strike as a grave violation of international humanitarian law, warning of the “increasing ethnicisation” of the conflict. Since fighting erupted in April 2023, Sudan’s civil war has killed tens of thousands, displaced millions, and pushed vast s...
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TSX Futures Slip as Markets Brace for Key Economic Data

 

                                        The facade of the original Toronto Stock Exchange building is seen in Toronto.


Futures tied to Canada’s main stock index edged lower Friday, with investors turning cautious ahead of domestic GDP figures and a closely watched U.S. inflation report. As of early morning trade, S&P/TSX index futures were down 0.21%.

The pullback comes after the benchmark index ended flat on Thursday, as traders locked in profits from earlier gains driven by strong bank earnings. Markets are now focused on the U.S. personal consumption expenditures (PCE) price index — the Federal Reserve’s preferred inflation gauge — due later today. The data could influence expectations for a September interest rate cut, with current odds at over 85%.

In Canada, June GDP is expected to show a modest 0.1% monthly gain, but second-quarter growth is forecast to contract 0.6% on an annualized basis. The figures will be closely watched for signs of tariff impacts and to gauge the Bank of Canada’s next policy move.

Oil prices slipped on demand concerns as the U.S. summer driving season winds down, though they remain on track for a weekly gain. Gold prices also eased but are set for a monthly advance.

Canada’s benchmark index is heading toward its fourth consecutive monthly gain, supported by easing trade tensions and resilient corporate earnings.

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