Bank of Japan holds rates at 0.25%, yen weakens to one month low

A recent analysis of immigration data shows a decrease in new permanent residents in Canada following the government's announcement to cut immigration targets from 500,000 to 395,000 by 2025, while the number of temporary foreign workers rose. The report highlights a 15% decline in new permanent residents and a significant drop in International Mobility Program permits, largely due to fewer Ukrainians arriving, although temporary foreign worker permits increased from 42,730 to 44,675. Population growth has...

Syrian Foreign Minister Asaad Al-Shaibani met with UN Special Envoy for Syria Geir Pedersen in Damascus to discuss security, stability, and transitional justice efforts. They emphasized the importance of maintaining security and enhancing cooperation between the Syrian government and the UN, amid calls for accountability for violations committed by the Assad regime during the ongoing conflict. President Ahmad al-Sharaa's recent decree established a transitional justice body to address past violations and provide reparations, following Assad's...

A federal judge has temporarily blocked the Trump administration's attempt to revoke Harvard University's authority to enroll international students, following a lawsuit filed by Harvard claiming violations of the First Amendment and due process. U.S. District Judge Allison D. Burroughs issued a temporary restraining order, with a hearing scheduled for Tuesday, as Harvard argued there was no lawful basis for the administration's actions, which they described as retaliatory. This dispute reflects ongoing tensions between the...

SummaryWest Australians face some of the highest household costs in the country for basic tasks like heating and cooking, according to a new analysis by iSelect. With WA having the third highest electricity prices nationally, air conditioning and electric heating are the most significant expenses, exacerbated by a small population spread over a vast area and reliance on gas-fired power. To mitigate costs, iSelect suggests turning off appliances when not in use, using energy-efficient devices,...

Donald Trump's recent threat to impose 50% tariffs on all EU imports starting June 1 escalates his global trade war, aiming to pressure Brussels into concessions amid frustrations over stalled negotiations. This aggressive strategy risks disrupting a recovery in global equity markets and could strain transatlantic relations further, as EU officials resist unilateral concessions and emphasize mutual respect in trade. Despite some calls for strong retaliation, divisions within the EU regarding countermeasures may play into...

Senator Ted Cruz is advocating for a new proposal that would create $1,000 investment accounts, known as Trump Accounts, for every American baby born between December 31, 2024, and January 1, 2029. The initiative, part of a broader tax bill, aims to instill capitalist values in children by allowing them to invest in major corporations, with potential growth of up to $170,000 by age 18. Critics, including Democrats and the Tax Foundation, express concerns over...