Hurricane Irma Is Now the Strongest Hurricane Ever Recorded in the Atlantic: Here’s What We’re Reading

The Daily 5 is Sharp’s essential reading list for what’s happening in the world today. Make sure to follow us on Twitter or subscribe to the Sharp Insider newsletter to stay up to date.

Here’s what we’re reading today.

1. Bank of Canada hikes rates as economy roars

“The Bank of Canada has hiked its key interest rate for the second time in less than two months amid surprisingly resurgent growth across the country.

“The central bank raised its overnight lending rate by a quarter of a percentage point to 1 per cent Wednesday, surprising many analysts who had not expected another rate increase until at least October.”

The Globe and Mail

+1: Almost half of Canadian workers live pay cheque to paycheque – CBC News

+1: Here’s a running list of misinformation about Hurricane Irma – BuzzFeed News

2. Hurricane Irma is now the strongest hurricane ever recorded in the Atlantic

“A category-five storm, like Irma, has winds over 155 mph and is classified as a major hurricane where ‘catastrophic damage will occur.'”

Quartz

+1: Irma batters Carribbean – BBC

+1: USA – Irma evacuation could be among largest ever – CNN

3. Donald Trump just made a deal with Democrats to avoid government shutdown

“Trump agreed with Democratic leaders to a deal that will address Harvey relief funding, raise the debt limit and keep the government funded until December. Senate Majority Leader Mitch McConnell said Wednesday he’ll support the agreement, even as some Republicans have expressed outrage.”

BuzzFeed News

4. Putin rejects cutting off oil to North Korea

“The United States and its allies are pushing for a global embargo on oil exports to North Korea as the United Nations Security Council debates a new round of sanctions against the North. Russia has veto power over any such Security Council sanctions.”

New York Times

5. Hacker gain access to On/Off switches in U.S. power plants

“Never before have hackers been shown to have that level of control of American power company systems, Chien notes. The only comparable situations, he says, have been the repeated hacker attacks on the Ukrainian grid that twice caused power outages in the country in late 2015 and 2016, the first known hacker-induced blackouts.”

Wired