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Markets on Edge as US Strikes Push Conflict Beyond Expectations

                                               Operation Epic Fury' is well ahead of schedule according to US Admiral Brad Cooper Global markets were shaken as the United States intensified its military campaign against Iran, advancing faster than anticipated and triggering a surge in energy prices. The coordinated US–Israeli strikes targeted Iranian missile sites and air‑defense systems, with American commanders describing the operation as progressing “ahead of the game plan.”  Oil and gas markets reacted immediately. With the conflict unfolding along one of the world’s most critical energy corridors, fears of prolonged supply disruptions sent crude prices sharply higher. Investors shifted toward safe‑haven assets such as gold, while major stock indices experienced volatility amid uncertainty over how long the confrontation might last. ...
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Canada Post and Workers at Odds Over Wages, Weekend Delivery

 

Canada Post and the Canadian Union of Postal Workers (CUPW) are currently locked in a dispute over wages and weekend delivery. The conflict has led to a nationwide strike involving over 55,000 postal workers, just days before the busy holiday season.

The main points of contention include Canada Post's proposal to hire more part-time workers for weekend parcel delivery, which the union opposes. The union argues that this would undermine job security and lead to lower wages. Additionally, the union is seeking fair wages and improved working conditions, citing the rising cost of living as a significant factor.

Canada Post, on the other hand, has proposed wage increases above inflation over the next four years and aims to introduce a flexible seven-day delivery model to remain competitive. However, the union is pushing for a compounded wage increase of 24% over the same period.

As negotiations continue, the strike has already begun to impact mail and parcel deliveries, causing concern among businesses and consumers alike. The outcome of these talks will be crucial in determining the future of postal services in Canada.

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