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Israel Intensifies Strikes on Hezbollah Strongholds in Southern Lebanon

People and members of the Lebanese army gather at a damaged site in the aftermath of Israeli strikes in Abbasiyyeh, Tyre district, southern Lebanon Israel carried out heavy airstrikes on southern Lebanon , claiming it was targeting Hezbollah positions that were allegedly being rebuilt despite a ceasefire agreement reached last year. The Israeli military issued evacuation orders for three areas before launching the strikes, warning civilians to leave as it accused Hezbollah of attempting to restore its military infrastructure. According to Lebanese officials, smoke was seen rising from the Nabatieh district following the bombardment, while the health ministry confirmed at least one fatality from earlier strikes the same day. The full toll from the latest wave of attacks has not yet been released. The escalation comes amid growing tensions along the Israel-Lebanon border. Despite the truce brokered in late 2024 , Israel has continued to conduct operations against Hezbollah, citing s...
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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.

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