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Syria's Deadliest Days: Over 1,000 Killed in Clashes and Revenge Killings

In a tragic escalation of violence, over 1,000 people have lost their lives in Syria during two days of intense clashes and revenge killings. The conflict erupted between Syrian security forces and loyalists of ousted President Bashar al-Assad, with sectarian violence targeting the Alawite community, a key support base of the former regime. The Britain-based Syrian Observatory for Human Rights reported that the death toll includes 745 civilians, 125 government security personnel, and 148 militants. The violence has left areas like Latakia without electricity and water, further deepening the humanitarian crisis. The revenge killings, primarily carried out by Sunni Muslim gunmen, have devastated Alawite villages, with reports of targeted shootings, looting, and arson. Thousands have fled to the mountains seeking safety, while bodies remain unburied in the streets of towns like Baniyas. This marks one of the deadliest episodes in Syria's 14-year conflict, raising fears of further inst...

The Burden of Rising Borrowing Costs: Canadians Struggle to Make Ends Meet

The rising cost of borrowing is placing a significant burden on Canadians, making it increasingly difficult for them to make ends meet.The prime rate at Canada’s six largest banks increased to 7.2% right after the Bank of Canada’s latest rate hike on Wednesday, further tightening access to credit and the cost of borrowing for Canadians.

As interest rates continue to climb, the cost of borrowing money, whether through mortgages, loans, or credit cards, is becoming more expensive. This situation is particularly challenging for individuals and families with already stretched budgets, as higher interest payments eat into their disposable income. The increased financial strain leaves many Canadians struggling to cover essential expenses such as housing, utilities, and groceries, leading to heightened levels of financial stress and hardship. Furthermore, the higher cost of borrowing also hampers individuals' ability to save for the future or invest in education or business ventures, hindering their long-term financial stability. As a result, it is crucial for policymakers and financial institutions to address this issue and implement measures to alleviate the burden of borrowing costs on Canadians.

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