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The Loonie Just Hit a 14-Month Low — Here's What It's Costing You

   Saturday, July 25, 2026 The Canadian dollar has slid to its weakest level since April 2025, and speculators are betting it has further to fall. Here's why it's happening and what it actually means for your wallet. If you've bought anything in U.S. dollars lately — a flight, an Amazon.com order, a hotel for a Florida trip — you may have noticed the exchange rate isn't doing you any favours. The Canadian dollar touched 1.4248 per U.S. dollar (about 70.2 U.S. cents ) last week, its weakest level in 14 months, before steadying closer to 1.41 . It's not just a bad week. Currency speculators have piled into bets against the loonie so aggressively that the Canadian dollar has overtaken the Japanese yen as the most heavily shorted major currency in the world, according to data from the U.S. Commodity Futures Trading Commission. Net short positions against the CAD hit roughly US$12.5 billion — the largest bearish bet on the loonie since December 2024. Why the loonie is ...

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Colombian President Vows Crackdown on Mercenary Networks Linked to Child Soldier Training in Sudan

 

Colombia seeks to pass a law explicitly prohibiting mercenary activities, following the death of Colombian mercenaries in Sudan.

Colombian President Gustavo Petro has pledged swift action against mercenary networks allegedly involving Colombian nationals in the recruitment and training of child soldiers in Sudan. The announcement follows disturbing reports that Colombian ex-soldiers were hired by foreign security firms and transported via Libya to Sudan, where some are now implicated in war crimes.

Petro condemned the practice as a “trade in humans turned into merchandise for killing,” and has requested emergency status for a bill that would explicitly ban mercenary activity in Colombia. His remarks came after a Sudanese military strike downed an Emirati aircraft reportedly carrying Colombian mercenaries, sparking outrage and calls for accountability.

The president also instructed Colombia’s ambassador to Egypt to verify the number of nationals killed in the incident, with unconfirmed reports suggesting up to 40 casualties.

New Development: According to HornPulse, investigative journalists have uncovered evidence that some Colombian mercenaries were involved in training child soldiers for combat in Sudan’s Darfur region. This revelation has intensified calls from human rights groups for international investigations and sanctions against those responsible.

President Petro concluded his statement with a powerful message: “No more death bosses.”


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