Head of US deposit insurance agency to step down
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'Crucial for us to take this step now': Hot Docs to close its flagship cinema for three months
Ongoing financial uncertainty is forcing the Hot Docs Film Festival to temporarily close its flagship Toronto theatre and lay off staff for about three months, the organization said Wednesday. Canada’s largest documentary film festival said it will shutter the Hot Docs Ted Rogers Cinema starting June 12 as the organization tries to find a path back to profitability. A statement from the festival said that will result in temporary layoffs. "This has been an incredibly difficult decision...
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Spurred by Iran, US and Gulf nations meet to boost integrated missile defense, early warning
The ultimate goal of the new talks is to ensure the nations share information effectively enough that they can can work from a "common air picture" and act together in "other ways [to erode] the effectiveness of Iran's missile and UAV capabilities."
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IMF upgrades UK growth forecasts and warns Bank of England over 'delays' to interest rate cuts
The IMF said Britain is on track for a 'soft landing', with GDP predicted to rise 0.7 per cent this year as inflation eases.