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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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How Loblaw and Metro are coping with food price inflation and sustainability challenges

 


Two of Canada's largest grocery chains, Loblaw and Metro, have reported increased sales and profits for the third quarter of 2023, despite facing public criticism over their role in food price inflation. 

Loblaw posted a net income of $421 million, up 12% from the same period last year, while Metro saw its net earnings rise 9% to $191 million. Both companies attributed their strong performance to higher demand for food and pharmacy products amid the ongoing pandemic, as well as their investments in e-commerce and digital initiatives. 

However, they also acknowledged the challenges of rising costs and supply chain disruptions that have contributed to higher food prices for consumers. Loblaw and Metro have recently added a new title to their executive teams: Chief Sustainability Officer, who will be responsible for overseeing their environmental and social impact strategies.



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