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EU Clamps Down on Russian Travel with Stricter Visa Rules

                                      EU tightens rules for multiple-entry Schengen visas for Russian passport holders The European Union has introduced tougher visa restrictions for Russian nationals, ending the practice of granting multiple-entry permits. Under the new rules, Russians will need to apply for a fresh visa each time they wish to enter the bloc. Officials say the change is aimed at tightening security and preventing misuse of travel privileges. The move comes amid heightened concerns over migration, sabotage, and other risks linked to Russia’s ongoing conflict with Ukraine. Exceptions will remain in place for certain groups, including dissidents, independent journalists, human rights defenders, and family members of EU citizens. Transport workers may also qualify for short-term multi-entry visas to keep essential services running. EU leaders emphasized that tr...
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Canada’s Inflation Rate Eases to 2.7% in June

Canada’s annual inflation rate cooled to 2.7% in June, according to Statistics Canada. This figure came in slightly lower than financial industry consensus expectations. Here are the key points:

  • Monthly Basis: The Consumer Price Index (CPI) decreased by 0.1% in June.
  • Grocery Prices: While overall inflation eased, grocery prices continued to rise.
  • Interest Rate Implications: The Bank of Canada will closely scrutinize these figures as it prepares for its next interest rate decision on July 24.

This decline in inflation follows a period of higher rates during the pandemic. The current rate is nearing the Federal Reserve’s target, signaling a potential stabilization.


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