Bank of Canada cuts main interest rate to 3.25%

Bank of Canada cuts main interest rate to 3.25%

OTTAWA–In a move to mitigate slower economic growth and a weakening labor market, the Bank of Canada has reduced its main interest rate by half a percentage point. This adjustment,…
UN chief says debt relief tools far from adequate

UN chief says debt relief tools far from adequate

By Kopano Gumbi JOHANNESBURG (Reuters) – United Nations Secretary-General Antonio Guterres said on Wednesday that existing debt relief mechanisms were far from adequate to address global vulnerabilities, calling on the…