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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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Germany Empowers Police to Neutralize Rogue Drones Amid Rising Security Threats

                                     A sign with a drone ban is displayed outside the airport in Munich

Germany is moving to strengthen its domestic security by granting federal police the authority to shoot down drones that pose a threat to public safety and critical infrastructure. The decision follows a surge in drone sightings over airports, military bases, and industrial sites, many of which officials suspect are linked to Russian surveillance efforts.

The new legislation, announced by Interior Minister Alexander Dobrindt and approved by the cabinet, will allow police to use a range of countermeasures—including electromagnetic pulses, jamming technology, and, if necessary, direct fire—to disable unmanned aerial vehicles. A dedicated counter-drone unit will also be established within the federal police.

The move comes after repeated disruptions at Munich Airport, where rogue drones forced the cancellation or diversion of dozens of flights, stranding thousands of passengers. Chancellor Friedrich Merz emphasized that Germany “will not allow itself to be intimidated” and vowed to defend the country against hybrid threats.

Germany joins other European nations, including France, Britain, and Lithuania, in expanding police powers to combat the growing risks posed by drones. The law still requires parliamentary approval but is expected to pass swiftly given the urgency of recent incidents.


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