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Bank of Canada Holds the Line as Global Turmoil Clouds Outlook

  Bank of Canada Governor Tiff Macklem takes part in a press conference in Ottawa on September 17, 2025 The Bank of Canada has opted to keep its key interest rate steady at 2.25%, a decision that reflects the delicate balancing act policymakers face as global uncertainty intensifies. With inflationary pressures rising and economic growth showing signs of strain, the central bank is navigating a narrow path shaped by forces largely outside its control. A major driver of the current tension is the surge in oil prices triggered by ongoing geopolitical conflict. Higher energy costs are feeding into broader inflation, raising concerns that price pressures could become more persistent. At the same time, elevated borrowing costs and weakening consumer confidence are weighing on domestic economic momentum. By holding the rate, the Bank of Canada signals caution: it aims to avoid stifling growth while still keeping inflation expectations anchored. The central bank emphasized that it rema...

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US Intelligence Chief: Iran’s Regime Weakened but Holding Firm

Director of National Intelligence (DNI) Tulsi Gabbard testifies before a Senate Intelligence Committee hearing on Capitol Hill in Washington, D.C., U.S., March 18, 2026. 

Iran’s Government Remains Intact Despite Heavy Strain, Says U.S. Spy Chief

Iran’s government, though significantly weakened by recent military conflict, remains structurally intact and capable of projecting force, according to U.S. Director of National Intelligence Tulsi Gabbard. Speaking before the Senate Intelligence Committee, Gabbard said Iran has suffered major degradation since the war began on February 28, largely due to Operation Epic Fury — a joint U.S.–Israel campaign targeting Iranian leadership and defense infrastructure. 

Despite these setbacks, Gabbard emphasized that Tehran and its network of regional proxies continue to pose a threat to U.S. and allied interests across the Middle East. She noted that while Iran’s military and strategic capabilities have been damaged, its political structure remains in place and its capacity for asymmetric attacks persists. 

The assessment underscores a complex security landscape: a weakened adversary still capable of destabilizing actions, and a conflict whose long‑term implications for regional power dynamics remain uncertain.


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