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Tehran Signals Defiance as Supreme Leader Vows Retaliation and Strait Closure

  A man holds a picture of Iran's new supreme leader, Mojtaba Khamenei, while people attend a funeral ceremony for the Iranian military commanders who were killed in strikes, in Tehran Iran’s Supreme Leader issued his first public remarks following the deaths of senior Iranian commanders, vowing that the country will “avenge the martyrs” and maintain the closure of the strategic Strait of Hormuz until what he described as “justice” is served. His comments, delivered during a nationally broadcast address, underscore a sharp escalation in rhetoric at a moment of heightened regional tension. The Supreme Leader framed the recent losses as sacrifices in the defense of Iran’s sovereignty, promising that those responsible “will face consequences.” He also reaffirmed Iran’s decision to keep the Strait closed, a move that has already disrupted global shipping routes and rattled energy markets. The strait, one of the world’s most critical chokepoints for oil transport, has long been a flas...

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Canada Rejects $1‑Billion Fee for Trump’s Proposed “Board of Peace”

Minister of Finance and National Revenue Francois-Philippe Champagne talks to reporters in Doha, Qatar, on Saturday. Champagne said on Tuesday that if Canada were to join Trump's 'Board of Peace,' it will not pay for its seat. 

Canada has firmly ruled out paying a US$1‑billion fee to join U.S. President Donald Trump’s proposed “Board of Peace,” a new international body he envisions as part of future governance and reconstruction efforts in Gaza.

Finance Minister François‑Philippe Champagne made the government’s position clear during discussions at the World Economic Forum in Davos. He emphasized that while Canada remains open to international cooperation, it will not commit to a billion‑dollar price tag simply to participate. According to Champagne, any Canadian contribution to global peace efforts must be effective, transparent, and aligned with the country’s priorities.

The proposed board has drawn mixed reactions from global leaders, with several expressing uncertainty about its purpose, structure, and financial expectations. Although Prime Minister Mark Carney has indicated openness to the idea in principle, he has also stressed that many details remain unresolved.

Canada’s refusal to pay the fee adds to the growing skepticism surrounding the initiative and raises questions about whether the Board of Peace will gain the broad international support it seeks.

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