Can’t Have 2 Base Rates – Carolyn Rogers
The Bank of Canada indicates that interest rates may remain steady or increase rather than decrease in the near term. Senior Deputy Governor Carolyn Rogers noted that monitory policy cannot independently resolve structural housing deficits, while economists warn of a potential October rate hike as inflation reaches the 3.0% ceiling, thanks to gas prices, created […]
Oil Zone: Houthis Launch Strikes Deep Inside Riyadh
Heavy ground fighting has intensified along Yemen’s western coast as Houthi forces rout Saudi-backed troops. In response to hundreds of retaliatory Saudi airstrikes, the Houthis launched drones and missiles at energy installations in Riyadh and Mecca. The UK has agreed to refuel Saudi fighter jets, while European leaders warned the conflict directly threatens to sabotage […]
Superpower Summit: Inside Xi’s Historic White House Visit
Chinese President Xi Jinping is in Washington to secure strategic stability with Donald Trump. The leaders immediately extended their critical trade truce until January 2027 while negotiating vital boundaries on artificial intelligence and Taiwan. This stabilization protects Canadian supply chains from a trade war, but a cozy U.S./China deal on critical minerals risks bypassing and […]
Carney Evaluates U.S. Risk, Cuts Strategic Dependencies
Prime Minister Mark Carney told the New York Times that Canada has analyzed the “extreme tail risk” of U.S. military action under Donald Trump. To safeguard sovereignty, Carney indicated Canada is reducing strategic dependencies, including reviewing F-35 fighter jet procurement and decreasing reliance on Elon Musk’s Starlink salalite network.
EU Begins Accession Process for Moldova and Ukraine
EU has now formally launched accession process for Ukraine and Moldova. However, Ukraine’s best security guarantee would be NATO’s membership but it is far away since the United States has not shown any positivity on this subject. Russia wants to keep Ukraine out of NATO and keep it as the buffer zone.
Deal and No Deal, But Stocks Went Up 1000 Points
President Trump said, “I didn’t call, they called to make a deal”, and Iran called it a “fake news, there has been no negotiations that took place”. Earlier the President posted on Truth Social that the US is under negotiations and he has halted military strikes on Iran’s power infrastructure for 5 days. However, the […]
Air Canada Plane Collided with Fire Truck
On LaGuardia Airport, New York, a fire fighting truck hit the plane killing the three including two pilots and injuring 41. The control tower tried to stop the vehicle that was cleared to cross the runway but later the tower tried to stop the truck that ignored the command and hit the landing plane.
UK, France & Japan Agree to Secure Strait of Hurmuz
On the request of US President Trump after threatening NATO member countries and calling them “cowards”, UK, France and Japan has agreed to send it’s ships to secure Strait of Hurmuz. Iran is not allowing US and Israel’s ships to pass the Strait. Initially they stopped all the ships to pass but later allowed all […]
US, Director, National Counterterrorism Resigns
Joe Kent, posted his resignation on his ‘X’ account saying that the intelligence did not support to justify going on war. “I cannot in good conscience support the ongoing war in Iran. Iran posed no imminent threat to our nation. And it is clear that we started this war due to pressure from Israel and […]
Arctic States Met to Form Joint Security Apparatus
In a joint statement Canada, Denmark, Finland, Iceland, Norway and Sweden said that they stand behind Denmark to protect the fundamental principle of sovereignty. At this occasion Prime Minister Carney said, “To protect our people given the threats immeasurably well measurably but significantly. We agree that if we individually spend that money or we spend […]