SBS News

Canada Holds Benchmark Interest Rate at 2.25%... "Growth Expected to Rebound" In a statement released after the decision, the Bank of Canada assessed that "after a year of economic weakness, the Canadian economy is showing signs of improvement," adding that "growth is expected to rebound, and inflation is gradually slowing from its recent peak." However, the bank noted that uncertainty in the economic environment remains high. SBS Jul 15, 2026 11:41 PM

Trump Orders Resumption of Vehicle Stops Suspended After Fatal Shootings of Immigrants President Donald Trump ordered the resumption of vehicle stops on July 15 , which had been suspended following a series of fatal shootings involving immigrants. SBS Jul 15, 2026 11:29 PM

Coupang Spent $250,000 on Lobbying White House and Others in Q2 Through Pro-Trump Firm It has been confirmed that Coupang conducted lobbying activities targeting the White House and the U.S. SBS Jul 15, 2026 11:28 PM

Trump Withdraws '20% Toll' Plan, but Iran Rejects Negotiations U.S. President Donald Trump has withdrawn his plan to impose a toll on ships passing through the Strait of Hormuz just one day after announcing it. SBS Jul 15, 2026 11:17 PM

U.S. Resumes 'Maritime Blockade' on Iran; Tehran Threatens to Cut Off Energy Exports The United States resumed its maritime blockade of Iran today and continued additional airstrikes. SBS Jul 15, 2026 10:29 PM

France to Provide Ukraine with Blueprints for Cruise Missiles Capable of Striking Russian Territory According to The Telegraph on July 15 , French President Emmanuel Macron and Ukrainian President Volodymyr Zelenskyy signed a defense agreement containing these provisions in Paris the previous day. SBS Jul 15, 2026 10:01 PM

9 European Nations Urge EU to Cut Funding for IOC Over Lifting Russia Suspension According to reports including the European edition of Politico, sports ministers from nine European nations, including Sweden, issued a joint letter released on July 14 , stating, "Organizations that act in ways inconsistent with EU values should not receive EU support." On July 7, the IOC announced the provisional lifting of the suspension on the ROC, citing that "the ROC no longer has sports organizations under its authority in the regions belonging to the National Olympic Committee of Ukraine." As a result, a path has been opened for Russian athletes to compete normally starting from the qualifiers for the 2028 Los Angeles Summer Olympics. SBS Jul 15, 2026 9:58 PM

U.S. Military: "Precision Strikes on Iranian Missile Facilities... Capability to Attack in Hormuz Weakened" Central Command On July 15 , the fifth day of the armed conflict between the United States and Iran, U.S. SBS Jul 15, 2026 9:58 PM

Diamond Slump: De Beers to Halt Operations at South Africa's Largest Mine for Two Years The move includes plans to lay off over 1,000 workers, sparking strong opposition from labor unions. SBS Jul 15, 2026 9:57 PM

U.S. June Producer Price Index Falls 0.3% Month-on-Month, First Decline in 10 Months The U.S. Department of Labor's Bureau of Labor Statistics announced on July 15 that the Producer Price Index for June fell by 0.3% compared to the previous month. SBS Jul 15, 2026 9:55 PM