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Claim Your Share: Navigating the $500-Million Bread Price-Fixing Settlement

  Canadians who purchased packaged bread between January 1, 2001, and December 31, 2021 , may be eligible for compensation from a $500-million class-action settlement . This lawsuit accused major grocery chains, including Loblaw Companies Ltd. and George Weston Ltd. , of participating in a price-fixing scheme that artificially inflated bread prices. Who Can Apply? Eligible claimants include individuals and businesses that bought packaged bread in Canada during the specified period. The settlement covers most packaged bread products , but excludes fresh in-store baked goods, artisan loaves, and frozen bread. How to File a Claim Once the settlement process is finalized, an online claims porta l will be available for submissions. Claimants will need to provide details about their bread purchases, though proof of purchase is not required for claims up to $25 . Those who previously received a $25 Loblaw gift card  in 2018–2019 can still apply, but the gift card amount will be deduc...
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Greece Leads EU Naval Mission in the Red Sea to Safeguard Shipping

 

In a significant move, Greece has formally agreed to participate in and lead a European Union maritime security operation in the Red Sea. The mission aims to protect commercial shipping from attacks by Houthi militants in Yemen.

The operation, aptly named “Aspides” (derived from the Greek word for “shield”), was launched last week. Under the command of Greek Navy Commodore Vasilios Griparis, the mission will operate from a military base in Larissa, central Greece.

Greece, a major commercial shipping power, has felt the direct impact of Houthi attacks. The port of Piraeus, located near Athens, reported a 12.7% drop in activity at its container terminal in January, on an annual basis. Safeguarding maritime trade routes is not only crucial for Greece but also an existential necessity for the European Union.

Greek Defense Minister Nikos Dendias emphasized that the Aspides mission is purely defensive. Greece will not participate in U.S.-led attacks against Houthi military targets in Yemen. Instead, the focus is on securing safe passage for merchant vessels navigating the Red Sea.

The Houthi militants, backed by Iran, have targeted commercial ships using drones and missiles. Their actions are purportedly in response to Israel’s offensive in Gaza against Hamas, which began in October. Minister Dendias clarified that Greece does not take sides in the Houthi conflict but asserts the right to protect its ships and those of other European nations.

As Greece takes the helm in this critical EU naval mission, it underscores the importance of cooperation and vigilance in maintaining open maritime trade routes. The shield of Aspides stands resolute, ensuring safe passage for ships in troubled waters.


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