News Feed
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NATO wants 'credible' spending plans from members at next month's summit
NATO Secretary General Mark Rutte says member nations must arrive at next month's summit with credible plans to meet the alliance's new five per cent defence spending benchmark. The demand intensifies pressure on Canada, which has faced sharp criticism from Pentagon officials over the absence of a detailed roadmap for future military spending.
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U.S. officials reveal Iran deal includes plan to reopen Strait of Hormuz, 2-month window for nuclear talks
Senior U.S. officials dictated the memorandum of understanding with Iran to journalists Wednesday after days of secrecy, and Iran suggested that its deal with the United States could be signed by U.S. President Donald Trump and Iranian President Masoud Pezeshkian.
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More than 1,000 Palestinians killed since Israel-Hamas ceasefire, says Gaza Health Ministry
Israeli operations in the Gaza Strip have killed 1,005 Palestinians since Israel and Hamas reached a ceasefire last October, the Gaza Health Ministry said Wednesday.
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U.S. Federal Reserve leaves interest rate unchanged, but some policymakers expect hike this year
The Federal Reserve held interest rates steady on Wednesday, but policymakers expect a hike in borrowing costs later this year amid growing concerns about inflation lodged above the U.S. central bank's two per cent target.
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G7 backs Canada as major global energy supplier to lessen reliance on Strait of Hormuz
Canada is poised to become a key and reliable supplier of energy to the G7 after leaders meeting in France embraced this country's potential to deliver "significant additional capacity" to global markets to reduce dependence on oil and gas coming through the Strait of Hormuz.