Federal Reserve cuts interest rates, trims workforce
The Federal Reserve on Wednesday reduced its benchmark interest rate by a quarter point to a range of 4–4.25%, responding to slowing economic growth...
Canada expelled six Indian diplomats including the high commissioner on Monday, linking them to the murder of a Sikh separatist leader and alleging a broader effort to target Indian dissidents in Canada.
Earlier in the day, India retaliated by ordering the expulsion of six high-ranking Canadian diplomats including the acting high commissioner and said it had withdrawn its envoy from Canada, contradicting Canada's statement of expulsion.
The diplomatic row represents a major deterioration of relations between the two Commonwealth countries. Ties have been frayed since Canadian Prime Minister Justin Trudeau said last year he had evidence linking Indian agents to the assassination of Sikh leader Hardeep Singh Nijjar on Canadian territory.
The government now has "clear and compelling evidence that agents of the government of India have engaged in and continue to engage in activities that pose a significant threat to public safety," Trudeau said at a news conference.
These activities involved clandestine information gathering techniques, coercive behaviour, targeting South Asian Canadians and involvement in over a dozen threatening and violent acts, including murder, he said.
"This is unacceptable," he said, adding that India had committed a fundamental error by engaging in criminal activities in Canada.
India has long denied Trudeau's accusations. On Monday, it dismissed Canada's move on the inquiry and accused Trudeau of pursuing a "political agenda".
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
Saudi Arabia and Pakistan have formalised a mutual defence agreement, reinforcing a decades-long security partnership, Pakistani state television reported on Wednesday.
Polish Prime Minister Donald Tusk said on Wednesday that Russia bears responsibility for damage to a house in the village of Wyryki in eastern Poland. This statement comes amid media reports suggesting that the incident may have been caused by a stray Polish missile rather than a Russian drone.
The Federal Reserve on Wednesday reduced its benchmark interest rate by a quarter point to a range of 4–4.25%, responding to slowing economic growth and persistently high inflation.
The European Commission has proposed sanctions against several Israeli Cabinet ministers and violent settlers, alongside a partial suspension of Israel’s trade privileges with the bloc.
AD Ports Group has signed a contract with Baku Shipyard in Azerbaijan to build two 780-TEU shallow-draft container vessels for trade across the Caspian Sea.
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