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Washington Scales Back Regional Footprint Amid Iranian Warnings

Empty airspace over Iran, during a temporary closure of the country's airspace amid concerns about possible military action between the United States and Iran The United States has begun precautionary drawdowns at several military bases across the Middle East after Iranian officials warned neighbouring countries that American facilities could be targeted in the event of a wider conflict. The adjustments focus on relocating non‑essential personnel and reducing exposure as regional tensions continue to rise. Iran’s message to nearby states underscored its concern that any U.S. military action could spill over into the broader region. By cautioning its neighbours, Tehran signaled both its desire to deter potential strikes and its readiness to respond if provoked. U.S. officials described the moves as prudent rather than predictive, emphasizing that the drawdowns do not indicate an imminent operation. Instead, they reflect a shifting security environment in which Washington is recal...

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Canada’s Job Market Slows Down in October



Canada's job market showed signs of slowing down in October, as the economy added fewer jobs than expected and the unemployment rate rose to its highest level in 21 months.

 According to a Reuters report, the Canadian economy added a net 17,500 jobs in October, which is lower than the consensus forecast of 22,500. The gains were mostly in part-time work, while full-time employment declined slightly. The construction sector and the information, culture and recreation sector were the main contributors to the job growth, while retail trade and manufacturing lost workers.

The jobless rate increased by 0.2 percentage points to 5.7%, the fourth monthly rise in the past six months. The increase was partly due to more people entering the labor force, which grew by 57,800 in October. The unemployment rate is now at the highest level since January 2022, when it was 6.5%. 





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