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Ukraine Marks Somber Anniversary as Zelenskyy Vows Resolve Amid Fractured Allied Support

Ukrainians pay tribute to victims of the Russian invasion, on the day marking the fourth anniversary of the full-scale Russian invasion. As Ukraine enters another year of full‑scale war, President Volodymyr Zelenskyy used the anniversary to deliver a message of defiance and endurance. Speaking to the nation, he emphasized that Ukraine’s determination to resist Russia has not weakened, even as the conflict grinds on with no clear end in sight. Zelenskyy highlighted the sacrifices made by civilians and soldiers alike, framing Ukraine’s struggle as a fight for national survival and democratic values. His remarks came at a moment when international unity — once a defining feature of the early months of the invasion — shows signs of strain. Several of Ukraine’s key partners remain committed to providing military and financial support, but political divisions, shifting priorities, and domestic pressures in some allied countries have complicated efforts to maintain a cohesive front. Debates...

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Canadian Service Sector Shrinks for Seventh Straight Month in December

 


According to S&P Global Canada services PMI data, the Canadian service sector shrank for the seventh consecutive month in December 2023, as elevated borrowing costs weighed on the housing market. The headline business activity index edged up to 44.6 in December from a near three-and-a-half-year low of 44.5 in November. However, it remained well below the 50 threshold that separates growth from contraction.

The Canadian service sector is a significant contributor to the country’s economy, and its contraction could have far-reaching implications. The sector includes industries such as finance, insurance, real estate, professional services, and retail trade. The contraction of the service sector could lead to a decline in employment opportunities and a decrease in consumer spending.


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