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Mojtaba Khamenei’s Rise Sparks Market Turmoil as Hardliners Mobilize

People attend a gathering to support Iran's new supreme leader Mojtaba Khamenei, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 9, 2026.  Iran’s hardline factions mounted a powerful show of support for newly appointed Supreme Leader Mojtaba Khamenei , rallying across Tehran in a display that signaled a tightening of conservative control and diminished hopes for de-escalation in the Middle East.  The demonstrations, marked by mass gatherings and imagery linking Mojtaba to his late father, Ayatollah Ali Khamenei, underscored the regime’s consolidation at a moment of heightened regional conflict.  Analysts warn that the hardliners’ unified backing suggests Iran is unlikely to soften its stance amid ongoing tensions with the U.S. and Israel. Global markets reacted sharply. Fears that prolonged instability could further disrupt energy supplies sent oil prices soaring and triggered steep declines in major stock indices. With one of the most significan...
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Canadian Unemployment Rate Falls to 6.5% as Job Market Surges

 

In a surprising turn of events, Canada’s labour market exceeded expectations in September, adding a net 47,000 jobs. This surge in employment led to a drop in the unemployment rate to 6.5%, according to the latest data from Statistics Canada.

This marks the first decline in the unemployment rate since January, driven primarily by significant gains in full-time employment, particularly among youth and women aged 25 to 54. The robust job growth highlights the resilience of the Canadian economy amidst global economic uncertainties.

Economists had anticipated a more modest increase in employment, making this development a positive indicator for the country’s economic health. The data suggests that sectors such as healthcare, education, and professional services saw the most significant job additions.

As Canada continues to navigate post-pandemic recovery, these employment gains provide a hopeful outlook for sustained economic growth and stability.


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