Skip to main content

Featured

June Jobs Report: What It Means for the Bank of Canada's July 15 Decision

  Friday, July 10, 2026 Statistics Canada releases its June Labour Force Survey today, and the timing couldn't matter more. This is the last major economic data point before the Bank of Canada's next interest rate decision on July 15, 2026 — and whichever way the jobs numbers break, they'll shape what happens to borrowing costs for the rest of the summer. What Economists Are Expecting Consensus forecasts point to a modest but positive jobs report. Economists expect Canada added around 10,000 jobs in June, with the unemployment rate holding steady at 6.6%. That would follow a much stronger May, when the economy added 88,000 jobs and the unemployment rate actually fell by 0.3 percentage points. In other words, June's report is expected to show a cooling-off after May's surprise strength — not a reversal, but a return to a more modest pace of hiring. Indicator May 2026 June 2026 (Forecast) Net Employment Change +88,000 jobs +10,000 jobs (expected) Unemployment Rate 6....

article

Putin’s Peace Proposal Sparks Tensions Over Ukraine’s Sovereignty and NATO Aspirations

 

                                   President Trump believe that the Russian president is ready to end the war

                    

Russian President Vladimir Putin has unveiled a new peace proposal aimed at ending the ongoing war in Ukraine, demanding that Kyiv withdraw from the eastern Donbas region and abandon its ambitions to join NATO. The proposal, presented during a high-stakes summit with U.S. President Donald Trump in Alaska, marks a shift from Putin’s earlier demands in 2024, which included ceding four Ukrainian provinces to Russia.

Under the revised terms, Moscow insists on Ukraine’s full withdrawal from Donetsk and Luhansk—areas that comprise the Donbas—while offering to halt its military advance in Zaporizhzhia and Kherson. Russia currently controls approximately 88% of Donbas and 73% of the southern provinces, according to U.S. estimates.

Putin also seeks a legally binding pledge that NATO will not expand further east, along with restrictions on Ukraine’s military and a ban on Western troops operating within the country—even as peacekeepers.

Ukrainian President Volodymyr Zelenskyy has firmly rejected the proposal, stating that surrendering internationally recognized territory is not an option. “If we're talking about simply withdrawing from the east, we cannot do that,” Zelenskyy said. “It is a matter of our country's survival”.

The proposal has reignited debate over Ukraine’s sovereignty and its constitutional commitment to NATO membership, which Kyiv views as essential to its national security. As diplomatic efforts continue, the gap between Moscow’s demands and Ukraine’s position remains wide, leaving the prospect of peace uncertain.


Comments