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Geopolitical Tensions Rattle Wall Street as Futures Slide on Trump’s Iran Warning

  Markets tumbled Thursday morning as renewed geopolitical uncertainty sent U.S. stock futures sharply lower, with investors reacting to President Trump’s latest remarks that the war with Iran is “not yet over.”   U.S. stock futures stumbled early Thursday after President Trump’s national address failed to signal a clear end to the ongoing U.S.–Israeli conflict with Iran. Futures tied to the Dow Jones Industrial Average dropped more than 600 points , while S&P 500 futures fell 1.5% and Nasdaq 100 futures slid 2% , reflecting heightened investor anxiety.  The market’s reaction was driven largely by Trump’s assertion that the conflict is not yet resolved, despite reports that Iran’s president has approached the U.S. about a potential ceasefire. Trump emphasized that any agreement would depend on reopening the Strait of Hormuz , a critical global energy chokepoint. He also warned that U.S. forces would “hit Iran hard” before any withdrawal in the coming weeks.  ...
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Trudeau Announces Significant Reduction in Immigration Targets

 

Prime Minister Justin Trudeau is set to announce a substantial decrease in Canada’s immigration targets for the coming years. This decision marks a significant shift from the government’s previous stance on immigration.

According to sources, the number of new permanent residents Canada will accept in 2025 is expected to drop to 395,000, down from the previously set target of 500,000. This reduction aims to address concerns about housing shortages, infrastructure strain, and the integration of new immigrants into Canadian society.

The announcement, which will be made later today, also includes plans to reduce the number of temporary residents for the first time. This move is seen as a response to growing public and political pressure to manage the country’s population growth more sustainably.

The government’s decision has sparked a range of reactions, with some praising the move as necessary for maintaining quality of life, while others criticize it as a step back from Canada’s tradition of welcoming immigrants.


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