Bank of Canada cuts interest rates, warns trade conflict will ‘hurt’

Bank of Canada cuts interest rates, warns trade conflict will ‘hurt’

The Bank of Canada (BOC) has trimmed its key policy rate by 25 basis points to 3 percent, cut growth forecasts and warned Canadians that a tariff war triggered by the United States could cause major economic damage. “A long-lasting and broad-based trade conflict would badly hurt economic activity in Canada,” Governor Tiff Macklem said…

‘Gulf of America’: Mexico lodging complaint over Google Maps change

‘Gulf of America’: Mexico lodging complaint over Google Maps change

NewsFeed ‘Gulf of America’: Mexico lodging complaint over Google Maps change Mexico’s president said her government will lodge a complaint with Google after the tech giant changed “Gulf of Mexico” to “Gulf of America” for US users of its map service. She added that they will request to rename North America as Mexican America. Published…

US Fed leaves rates unchanged

US Fed leaves rates unchanged

The United States Federal Reserve is holding interest rates steady and gave little insight into when further reductions in borrowing costs may take place in an economy where inflation remains above target, growth continues, and the unemployment rate is low. The Fed announced its decision on Wednesday at the end of its latest two-day meeting….

Rwanda-backed M23 strengthens its control over DRC’s Goma

Rwanda-backed M23 strengthens its control over DRC’s Goma

Rwanda-backed M23 rebels have tightened their grip on Goma, the biggest city in the eastern Democratic Republic of the Congo (DRC), signalling a major blow to the Congolese army and a serious escalation in a years-long conflict that has seen hundreds of people killed and millions displaced. March 23 Movement (M23) fighters entered Goma on…

A US-Hamas dialogue could shift us from war to peace

A US-Hamas dialogue could shift us from war to peace

Last week, senior Hamas and United States officials expressed to the media their mutual willingness to engage in “a dialogue”. The statements by senior Hamas leader Mousa Abu Marzouk and US presidential Middle East envoy Steve Witkoff most likely meant to test the waters for future diplomatic moves, perhaps due to their shared recognition that…

Canada’s foreign minister Joly to meet Rubio as US tariff threat looms

Canada’s foreign minister Joly to meet Rubio as US tariff threat looms

Canadian Foreign Minister Melanie Joly will meet with her US counterpart Marco Rubio in Washington, DC, as Canada seeks to stave off the threat of steep United States tariffs and a potential trade war between the two countries. Joly is set to hold talks with the US secretary of state on Wednesday afternoon in the…

Trump offers federal workers buyout, promises eight months severance pay

Trump offers federal workers buyout, promises eight months severance pay

United States President Donald Trump has offered most federal workers the option to leave their government jobs by next week in exchange for eight months of severance pay in his most profound and rapid move yet to overhaul the government. The buyout offer was announced on Tuesday in a memorandum issued by the Office of…

Fact check: What might Trump’s federal funding freeze stop?

Fact check: What might Trump’s federal funding freeze stop?

School meals for low-income students. Cancer treatment trials. Housing assistance for veterans. These are among the federal programmes that might – or might not – be on the chopping block after the White House issued a sweeping, but vague, January 27 late-night memo that ordered a temporary pause on all grants, loans and financial assistance….