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Lebanese PM Urges Caution Amid Rising Regional Tensions

                                                       Lebanese Prime Minister Nawaf Salam Lebanese Prime Minister Nawaf Salam has issued a firm warning against pulling the country into what he described as “adventures” that could endanger national security and unity. His remarks come at a moment of heightened regional volatility following coordinated strikes by Israel and the United States on Iran.  Salam emphasized the gravity of the situation, urging all Lebanese factions to act with “wisdom and patriotism” and to prioritize the interests of the nation above external pressures or political agendas. Though he did not name Hezbollah directly, his message was widely interpreted as a caution to the Iran‑backed group, which has historically been involved in conflicts with Israel and has signaled it may not remain neutra...
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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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