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Storm on the Horizon: Iran Issues Dire Warning After U.S. Naval Deployment

Tensions in the Persian Gulf have surged after Iran warned that any military strike by the United States would trigger an “all‑out war.” The warning followed the deployment of a U.S. naval “armada,” ordered by Donald Trump, to reinforce American presence in the region. Iranian officials described the move as a direct threat to their national security, insisting that even a limited attack would provoke a full‑scale response. The U.S. maintains that the deployment is meant to deter aggression and protect its interests and allies. Analysts caution that the situation is becoming increasingly volatile. With both nations adopting uncompromising positions, even a minor misstep could ignite a conflict far larger than either side intends. The world now watches closely as diplomatic channels strain under the weight of rising hostility.
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Grocery prices to rise by up to 4.5% in 2024, report predicts

 

The annual Canada’s Food Price Report forecasts that the average Canadian family of four will spend $700 more on food in 2024, reaching a total of $16,297.20. The report, which is produced by four Canadian universities, projects that bakery, meat and vegetables will see the highest price increases, up to 7 per cent.

The report attributes the rising food costs to several factors, including interest rates, energy costs, climate change, transportation expenses and geopolitical risk. However, it also notes that the rate of increase is slowing compared to the previous two years, when the COVID-19 pandemic disrupted the food supply chain and caused inflation to spike.

Some essential items, such as dried pasta, sauces and canned goods, could become cheaper in 2024, as grocery chains compete for customers and benefit from lower commodity prices. The report also suggests that families spent less on groceries in 2023 than in 2022, possibly due to higher housing costs and debt levels.

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