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Blast at Islamabad Mosque Leaves Dozens Dead

                    Blood stains at the site of a deadly explosion at a Shi'ite Muslim mosque in Islamabad, Pakistan A suicide bomber detonated explosives inside a crowded Shi’ite mosque in Islamabad, killing 31 people and injuring many others during Friday prayers. The attack struck the Tarlai neighborhood, where worshippers had gathered in large numbers, turning a moment of devotion into chaos and devastation. Witnesses described a powerful blast that shattered windows, collapsed parts of the structure, and left victims trapped beneath debris. Emergency teams and local residents worked together to rush the wounded to nearby hospitals, where several remain in critical condition. Authorities have heightened security across the capital as investigators work to determine how the attacker breached the area and whether others were involved. The bombing marks one of the deadliest assaults in the city in years and has intensified ...
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Central Banks Brace for Prolonged Pause Amid Global Trade Tensions

                                           Bank of Canada building in Ottawa


Uncertainty in global trade continues to cast a long shadow over North American monetary policy, and both the Bank of Canada (BoC) and the U.S. Federal Reserve appear poised to keep interest rates unchanged in the near term. With economic signals sending mixed messages, policymakers on both sides of the border are opting for caution rather than risk destabilizing fragile growth.

For the BoC, sluggish exports and softer business investment have tempered earlier optimism about a stronger second half of the year. While consumer spending remains resilient, officials remain wary of tightening financial conditions too quickly, especially as Canadian households continue to carry historically high debt loads.

South of the border, the Federal Reserve faces a similar dilemma. Despite a robust labor market, persistent geopolitical tensions and uneven manufacturing data have reinforced the case for holding rates steady. Fed officials have repeatedly emphasized the need for “patience” as they monitor how trade dynamics ripple through supply chains and corporate sentiment.

Both central banks are effectively in wait‑and‑see mode, hoping that clarity on trade policy will provide the confidence needed to reassess their next moves. Until then, stability—not stimulus—appears to be the guiding principle.


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