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Mass Displacement in Lebanon After Intensified Israeli Evacuation Warnings

                                                     Displaced people walk outside a school-turned-shelter, in Beirut Tens of thousands of Lebanese civilians have been forced into shelters after what officials described as “unprecedented” evacuation warnings issued by the Israeli military. Local authorities estimate that around 100,000 people have fled their homes in southern Lebanon within a short period, seeking safety in schools, public buildings, and makeshift community centers. The warnings follow a sharp escalation in cross‑border hostilities, with Israeli forces expanding the areas they instructed residents to evacuate. Lebanese municipalities and humanitarian groups say the pace and scale of displacement have overwhelmed available shelter capacity, leaving many families without adequate access to food, medical care, or basi...
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Inflation Rise in June Likely Halts BoC Rate Cut Plans

Canada’s annual inflation rate edged up to 1.9% in June, according to Statistics Canada, marking a slight increase from May’s 1.7%. The uptick, driven by higher prices for new and used vehicles, durable goods, and clothing, has tempered expectations of a rate cut from the Bank of Canada (BoC) at its upcoming July meeting.

Gasoline prices remained nearly flat, but the slower decline compared to last year contributed to the overall inflation increase. Meanwhile, grocery inflation eased, with fresh vegetable prices falling for the first time since 2021.

Core inflation metrics—closely watched by the BoC—showed mixed signals. The CPI-median rose slightly to 3.1%, while CPI-common and CPI-trim held steady. These figures suggest underlying price pressures remain persistent, reinforcing the central bank’s cautious stance.

With economic uncertainty heightened by new U.S. tariffs and uneven growth, analysts believe the BoC will likely hold its policy rate steady in July, opting for a wait-and-see approach until inflation trends become clearer.


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