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Europe Rejects U.S. Peace Framework Demanding Ukrainian Concessions

Ukraine suffered one of the worst Russian attacks in months when drones and missiles hit Ternopil.  European leaders have firmly rejected a U.S.-backed peace proposal that would require Ukraine to surrender territory and scale back its military capabilities. The plan, reportedly drafted by Washington and discussed with President Volodymyr Zelenskyy, has been described by European officials as tantamount to forcing Kyiv into capitulation. According to reports, the framework envisions Ukraine giving up land to Russia and partially disarming its armed forces. This approach has sparked alarm across Europe, where officials insist that any peace plan must respect Ukraine’s sovereignty and involve both Kyiv and European partners in negotiations. EU foreign policy chief Kaja Kallas emphasized that “for any plan to work, it needs Ukrainians and Europeans on board,” underscoring the bloc’s position that decisions about Ukraine’s future cannot be made without its direct involvement. German...
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Canadian Job Market Shows Resilience: 41,000 New Jobs Added Despite Unemployment Rate Uptick


In a recent report by Statistics Canada, the Canadian job market demonstrated resilience in February. Despite the challenges posed by population growth, employers added 41,000 net new jobs during the month. These gains were primarily driven by an increase in full-time positions.

However, the unemployment rate also saw a slight uptick, rising to 5.8 per cent. This development highlights the delicate balance between job creation and population expansion. As the country continues to grow, policymakers and economists closely monitor these trends.

The services sector played a significant role in employment gains, reflecting a diverse range of industries. The Bank of Canada remains vigilant, observing labor market dynamics and wage growth as it assesses the need for any adjustments to its benchmark interest rate.

While the Canadian economy faces headwinds, the job market’s ability to generate new employment opportunities is a positive sign. As we navigate the complexities of a changing workforce, staying informed about these trends is crucial for individuals and policymakers alike.


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