Carney, Opposition Leader Mourn; Trump Eyes Iran Regime Change

Inflation in the United States cooled in January, with the consumer price index rising by 2.4% over the 12 months, according to the Department of Labor, as reported by BBC Business. This marks a decrease from 2.7% the prior month and represents the slowest pace since May. Simultaneously, President Donald Trump stated that regime change in Iran "would be the best thing that could happen," as reported by Sky News, while Canadian Prime Minister Mark Carney paid tribute to victims of a school shooting in Tumbler Ridge, as covered by The Guardian.

The easing of inflation in the US was attributed to falling prices for energy and used cars, according to BBC Business. The report noted that this retreat could fuel arguments that the central bank could cut interest rates without causing a price increase. However, some analysts have warned that progress toward the Federal Reserve's 2% target could stall if companies pass on tariff costs to consumers or if labor shortages push up prices.

In the Middle East, President Trump's remarks on Iran came as the US deployed a second aircraft carrier, the USS Gerald R. Ford, to the region, as reported by Sky News. The president made the comments after visiting troops at Fort Bragg in North Carolina. Sky News also reported on the arrest of an Iranian doctor, Yaser Rahmani-Rad, who had spoken out against the regime. The doctor was detained after accusing security forces of arresting injured protesters inside hospitals.

Meanwhile, in Canada, Prime Minister Mark Carney joined hands with the opposition leader to pay tribute to the victims of a mass shooting in Tumbler Ridge, as reported by The Guardian. Carney told residents that the country would always be with them.