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Zelensky Faces Stark Choices as Trump Pushes Peace Framework

Trump's son-in-law Jared Kushner, U.S. Special Envoy Steve Witkoff, U.S. Secretary of State Marco Rubio, U.S. Army Secretary Daniel Driscoll sit before closed-door talks with Head of the Office of the President of Ukraine Andriy Yermak (not pictured). As pressure mounts in the ongoing war between Ukraine and Russia, U.S. President Donald Trump has intensified efforts to secure a peace deal , urging Kyiv to accept a revised framework before the American Thanksgiving holiday. The proposal, reportedly a 28-point plan , has drawn sharp criticism for heavily favoring Moscow’s interests, including demands that Ukraine cede territory, limit its military, and abandon aspirations to join NATO. In recent days, Trump warned that Ukraine risks losing access to U.S. intelligence and weapons if it fails to agree to the plan by November 27. His administration has framed the deadline as a necessary step to end the nearly four-year war, but many in Kyiv view it as coercive. Ukrainian President V...

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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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