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Kremlin Signals Tougher Stance After Alleged Attack on Putin Residence

                                                        President Vladimir Putin Russia has warned that its negotiating position on Ukraine will harden after accusing Kyiv of attempting a drone strike on a residence associated with President Vladimir Putin. Moscow claims the alleged attack involved dozens of long‑range drones, all of which were intercepted before causing damage. Kremlin officials framed the incident as a deliberate attempt to undermine ongoing diplomatic efforts. They argued that such actions leave “no room for flexibility” in future negotiations. Ukraine has firmly rejected the accusation, calling it a fabricated pretext for further escalation. Ukrainian leaders argue that Russia is using the claim to justify intensifying military pressure and to shift blame for stalled peace discussions. The exchange c...
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Global Outage Sends Markets Tumbling: S&P/TSX and U.S. Indices Drop


The S&P/TSX composite index closed lower on Friday, reflecting a broader downturn in global markets. The index fell by 36.37 points to settle at 22,690.39. This decline was part of a larger trend, as U.S. markets also experienced significant losses.

The downturn was largely attributed to a global outage caused by a faulty software update from CrowdStrike, which affected numerous companies and organizations worldwide. In the U.S., the Dow Jones Industrial Average dropped 377.49 points to 40,287.53, while the S&P 500 and Nasdaq composite indices fell by 39.59 points and 144.28 points, respectively.

The Canadian dollar also saw a slight decrease, trading at 72.85 cents U.S., down from 73.01 cents U.S. on Thursday. Commodity markets were not spared, with crude oil prices dropping by $2.66 to $78.64 per barrel, and gold prices falling by $57.30 to $2,399.10 an ounce.

This market reaction underscores the interconnected nature of global financial systems and the widespread impact that technological disruptions can have on economic stability.


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