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Relentless Push: Russia Claims Strategic Edge in Ukraine Offensive

  Servicemen of the 115th Separate Mechanised Brigade of the Ukrainian Armed Forces use an RPG-7 grenade launcher during training between combat missions, in Kharkiv region, Ukraine. Russia’s top military commander, General Valery Gerasimov, has declared that Russian forces are conducting a non-stop offensive along nearly the entire front line in Ukraine, asserting that the “strategic initiative” now lies with Moscow. According to Gerasimov, Russian troops have intensified airstrikes on Ukrainian cities far from the battlefield, including a recent attack on Kyiv that killed at least 23 people and wounded 38. He reported that since March, Russia has seized more than 3,500 square kilometers of territory , captured 149 villages, and now controls the vast majority of the Luhansk, Donetsk, Zaporizhzhia, and Kherson regions. The offensive has also pushed into Ukraine’s southeastern Dnipropetrovsk region, with seven villages reportedly under Russian control. Moscow says it has carried...
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Canada’s Annual Inflation Rate Rises to 2.9% in May

 

OTTAWA – Canada’s annual inflation rate unexpectedly accelerated to 2.9% in May, largely driven by higher prices for services, according to a report by Statistics Canada. This surge comes after the Consumer Price Index (CPI) had slowed to 2.7% in April.

Economists are closely monitoring inflation data, as it will play a key role in the Bank of Canada’s next interest rate decision scheduled for July. Governor Tiff Macklem has signaled that the central bank plans to take rate decisions one at a time.

The recent uptick in inflation may have implications for monetary policy, and analysts will be watching closely to see how the central bank responds. Stay tuned for further updates!


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