Skip to main content

Featured

Tensions Rise as Cuba Reports Deadly Clash With Florida-Based Speedboat

  Vice President JD Vance came to the Capitol to break the tie, meaning he vote was 51-50 for a Republican point of order to dismiss the war powers resolution. Cuba has reported a deadly confrontation off its northern coast, saying its forces killed four people aboard a Florida‑registered speedboat that allegedly opened fire on Cuban border troops. According to Cuba’s Interior Ministry, the vessel was detected roughly one nautical mile northeast of the El Pino canal in Cayo Falcones before the encounter escalated.  When Cuban Border Guard officers approached the boat for identification, those on board reportedly began shooting, injuring the commander of the Cuban patrol vessel. Cuban forces returned fire, killing four and wounding six others, who were later evacuated for medical treatment.  The incident comes at a moment of heightened tension between Cuba and the United States, with officials still working to determine the identities and motives of those aboard the spe...

article

Trade Tensions Stall Canada’s Growth in Q2 2025

                                            A railway grain terminal in Alberta. 

Canada’s economy contracted sharply in the second quarter of 2025, underscoring the toll that escalating trade tensions have taken on the country’s growth. Statistics Canada reported a 1.6% annualized decline in real GDP, far steeper than the 0.5% drop economists had anticipated.

The slowdown was most pronounced in the spring, when tariff uncertainty disrupted exports and dampened business investment. June saw a 0.1% month-over-month GDP dip, while a preliminary estimate for July suggested only a modest 0.1% rebound.

The Bank of Canada had already projected a significant contraction for the quarter, citing the drag from U.S. tariffs and weaker global demand. Analysts note that further softness in the labour market could influence the central bank’s next interest rate decision.

The downturn follows a surprisingly strong first quarter, when GDP grew 2.2% as companies rushed to ship goods ahead of tariff deadlines. With trade negotiations still unresolved, economists warn that uncertainty could continue to weigh on Canada’s economic momentum into the second half of the year.

Comments