Next week, important economic data and central bank decisions from the US, China, and Japan are expected. The Fed is in a quiet period ahead of its July 28-29 meeting, while the People's Bank of China will announce its rate decision.
Canada's Prime Minister called for economic diversification due to new US tariffs. Carney plans to attract investments and strengthen security regardless of the neighbor.
The Bank of Canada plans to cut about 225 employees, or 10% of its workforce, by June. This is part of Prime Minister Mark Carney's efforts to reduce government spending.
Syria plans to remove two zeros from its currency and issue new banknotes to restore confidence. The banknotes will be printed by the Russian company Goznak, which has already cooperated with Syria.
Mark Carney said that Trump's tariffs are hurting the US and world economy. Canada is ready to defend itself by lowering trade barriers and establishing ties with other countries.
New Prime Minister Mark Carney has announced elections for April 28 following Trudeau's resignation. The rise to power comes amid political challenges and threats from the United States.
