Skip to main content

Featured

HMS Dragon Off Cyprus: A Modern Sentinel in the Eastern Mediterranean

                      Royal Navy destroyer HMS Dragon departing the UK to head to the Eastern Mediterranean. The Royal Navy’s Type 45 destroyer HMS Dragon has arrived off the coast of Cyprus, marking another high‑profile deployment for one of Britain’s most advanced warships. Known for her striking red Welsh dragon emblazoned on the bow, the vessel’s presence underscores the UK’s ongoing commitment to stability and security in the Eastern Mediterranean. A Strategic Arrival HMS Dragon’s deployment places her in a region that has long been a crossroads of geopolitical tension and humanitarian need. The Eastern Mediterranean is a hub for NATO operations, maritime security patrols, and support missions connected to regional conflicts and humanitarian crises. What HMS Dragon Brings to the Region Air‑defence dominance: As a Type 45 destroyer, Dragon is equipped with the Sea Viper missile system, capable of tracking and i...
Post a Comment
Read more

article

Labels

Canadian Housing Starts Plunge 22% in November as Higher Rates Bite



Canadian housing starts fell by 22% in November from the previous month, missing estimates by a wide margin, as higher borrowing costs hurt groundbreaking on multiple unit and single-family detached urban homes, data from the national housing agency showed on Friday.

The seasonally adjusted annualized rate of housing starts fell to 212,624 units from a downwardly revised 272,264 units in October, the Canadian Mortgage and Housing Corporation (CMHC) said. Economists polled by Reuters expected starts to decrease to 257,100 in November.

As the more difficult borrowing conditions and labour shortages now seem to be showing in the starts numbers, we can expect to see continued slower starts rates in the coming months, according to CMHC’s deputy chief economist Kevin Hughes.


Labels:

Comments

Post a Comment