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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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Canada’s Inflation Rate Falls to 2.7% in April Amid Price Growth Slowdown

 

Canada’s annual inflation rate declined to 2.7 per cent in April, down from 2.9 per cent in March. This broad-based deceleration in price growth provides the Bank of Canada (BoC) with a potential “all clear” signal for a June rate cut.

Key Points:

  1. Food Prices, Services, and Durable Goods: The slowdown was led by food prices, services, and durable goods. These sectors experienced a moderation in price increases, contributing to the overall cooling of inflation.

  2. BoC’s Considerations: With inflation easing, the BoC may have more room to maneuver its monetary policy. A rate cut could stimulate economic activity and support recovery.

  3. Market Expectations: Analysts are closely watching the BoC’s next move. If the trend continues, a rate cut in June could be on the horizon.

Implications:

The decline in inflation suggests that the Canadian economy is stabilizing after a period of rapid price increases. While the BoC will carefully assess economic data, the recent cooling of inflation provides an opportunity for policy adjustments.

As always, market participants and consumers should stay informed about central bank decisions and their potential impact on borrowing costs, investments, and overall economic conditions.


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