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Bank of Canada Keeps Rates On Hold As It "Looks Through War's Immediate Impact On Inflation"
Bank of Canada Keeps Rates On Hold As It "Looks Through War's Immediate Impact On Inflation"
As expected, the Bank of Canada - which was the day's first G5 central bank to hit the tape ahead of the Fed's decision at 2pm ET - held interest rates unchanged at 2.25% as expected, saying adjustments to borrowing costs would likely be small if the economy and inflation evolve as expected, while stating that it is looking through the war's immediate impact on inflation but will not let higher energy prices become persistent...
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Aug 3, 2026 / Tyler Durden
Iran Denies Negotiations With US After Trump Announces Talks For Monday Afternoon
Iran Denies Negotiations With US After Trump Announces Talks For Monday Afternoon
President Trump now says new talks with Iran will begin Monday afternoon after he called off a planned "massive attack" - following high level Saudi intervention, and also likely White House advisors and Pentagon leadership failing to agree on a strategic vision.
"The Saudis expressed concern and asked for clarity about the plan of action," one US official told Axios over the weekend, with another saying that crown prince Mohammed bin Salman urged Trump to de-escalate and refrain from launching...
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Jun 28, 2026 / Kyle Anzalone
Iran Rejects US-Backed Lebanon Deal, Demands Israel Withdraw
Top Iranian and Lebanese officials have rejected a US-brokered agreement between Israel and Lebanon. On Friday, the State Department announced an agreement between the governments of Lebanon and Israel that was framed as a ceasefire. Israel has been at war in Lebanon with Hezbollah for several years. Israeli forces are occupying Lebanon, and Tel Aviv […]
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Sep 9, 2026 / Jason Ditz
UN Commission Warns Israeli Actions in Syria May Amount to War Crimes
UN Commissioner Fionnuala Ní Aoláin has issued a new report to the UN Human Rights Council related to Israeli military operations in southwest Syria, warning that the operations are increasingly impacting Syrian civilians in ways that could amount to war crimes under international law. Ni Aoláin said the commission had identified 49 people, including two […]
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