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Canada’s Inflation Climbs to 2.4% as Gas Prices Surge to Record High

  Canada’s inflation rate accelerated to 2.4% in March , up from 1.8% in February, as the Iran war triggered the largest monthly gasoline price increase on record . Statistics Canada reported that gas prices surged 21.2% month‑over‑month , a supply‑shock response to Iran’s closure of the Strait of Hormuz and broader Middle East instability.  Energy costs were the dominant driver of March inflation, with overall energy prices rising 3.9% year‑over‑year after a sharp decline the month before. Excluding gasoline, inflation would have eased to 2.2% , highlighting how concentrated the price shock was.  Food inflation offered mixed relief: grocery prices rose 4.4% , while fresh vegetables jumped 7.8% due to difficult growing conditions. Restaurant inflation cooled sharply as last year’s tax‑holiday distortions fell out of the annual comparison.  Economists note that while headline inflation spiked, core measures remained relatively tame , giving the Bank of Canada ro...
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The United States has yet to elect a woman president in its 248-year history


       

The United States, in its 248-year history, has yet to elect a woman president. This could change with Vice President Kamala Harris launching her 2024 presidential campaign. Harris, a 59-year-old Black and Asian-American woman, is backed by President Joe Biden, who recently withdrew from the race due to concerns about his age and health.

Harris’ campaign is already gaining momentum, with significant support from Democratic leaders and a surge in fundraising. Her strong stance on abortion rights resonates with younger voters and progressives, potentially energizing these key demographics. Despite some concerns within the party, Harris is determined to unite the Democrats and defeat Republican candidate Donald Trump in the upcoming election.

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