The RCMP are investigating at least 70 cases of sexual assault at a youth detention facility in Nova Scotia’s Annapolis Valley, and they say up to 200 people may come forward. The alleged assaults occurred at the Nova Scotia Youth Centre in Waterville, N.S., between 1988 and 2017, the RCMP told a news conference Wednesday,…
Central Banks Are Increasingly Interested in CBDCs, Says BIS Survey
July 12, 2023
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bank of international settlementsbankingBusiness & Marketscentral bank digital currenciesCompaniescryptocurrencyeconomic policieseconomyInvestmentMarketsUSWorld
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At least 93 percent of central banks are already researching the implementation of central bank digital currencies (CBCD), according to a recent survey. Twenty-four central banks in emerging and in advanced economies are expected to have digital currencies in circulation by 2030, the Bank for International Settlements (BIS) said in a survey published on July…
Bank of Canada Raises Rates as Inflation Lingers and Slowdown Looms
Commentary The Bank of Canada (BoC) has raised the key overnight rate to 5 percent and the Bank Rate to 5.25 percent. The increases of one-quarter of a percent were widely anticipated by market observers. Coincidentally, the U.S. Consumer Price Index (CPI) for June was released and the core rate, at 3 percent, was lower…
5 Convicted of Killing Divorcee Who Fell for ‘Honeytrap’ on Craigslist
Five people have been convicted of killing a divorcee who was tricked into a “honeytrap” and set up by a woman he apparently met on Craigslist. The trial heard Vishal Gohel, 44, was referred to as “57” by the gang because he was known to have £57,000 in his bank account. Georgia Bruce-Annan, 22, was…
Labour Federation Leaders Warn Ottawa Not to Introduce Legislation to End BC Port Strike
July 12, 2023
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B.C. Port StrikeBC Maritime Employers AssociationCanadaInternational Longshore and Warehouse Union CanadaLabour MinisterSeamus O'ReganWorld
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Leaders of labour federations across Canada are warning the federal government not to introduce any back-to-work legislation to force striking British Columbia port workers to return to their jobs, saying that any such attempt will be met with “strong resistance.” Canadian Labour Congress President Bea Bruske and her provincial and territorial counterparts sent a jointly…
Elon Musk and Tesla Entering British Energy Market Hints New Job Ad
A job posting by Tesla suggests the company is planning on entering the UK energy market. On its UK site, Elon Musk’s company Tesla said it is aiming to hire an experienced professional as Head of Operations, an executive who will have “operational responsibility for our retail electricity activities in the UK.” Tesla says it…
More Evacuations, Alerts, Reflect Difficult Wildfire Season in BC, Yukon
At least 12 new evacuation orders or alerts have been issued over the last day in British Columbia as lightning storms and drought conditions add to the challenge of fighting hundreds of wildfires. The orders and alerts cover thousands of hectares of land mainly in the Prince George and Northwest fire centres. The BC Wildfire…
Turkey to Start ‘New Process’ With US, Erdogan Tells Biden at NATO Summit
July 12, 2023
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Turkey hopes to begin a “new process” with the United States, Turkish President Recep Erdogan said during a meeting with his U.S. counterpart at a landmark NATO summit in Lithuania. Speaking on the summit’s sidelines on July 11, Mr. Erdogan said it was “high time for the [U.S. and Turkish] heads of state to get…
Huw Edwards Unmasked as TV Presenter at Centre of Explicit Images Scandal
The wife of BBC newsreader Huw Edwards has revealed he is the star at the centre of a scandal involving sexually explicit images but has asked for privacy and said he is suffering from “serious mental health issues.” Vicky Flind named the 61-year-old Welshman as the figure who was accused by The Sun of paying…
Whitby Hydrogen Heating Trial Called Off After Public Resistance
A net zero trial for hydrogen heating has been called off for one of two sites after protests and public resistance from homeowners, with a Minister citing that there is “no strong local support” for the project. The Department of Energy Security and Net Zero (DESNZ) said on Tuesday that a trial will no longer…
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