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Washington Presses Israel to Halt Strikes on Iran’s Energy Network

  Smoke rises in Sharjah, following reports of Iranian attacks after United States and Israel strikes on Iran, in Sharjah, United Arab Emirates, March 1, 2026. The United States has urged Israel to stop its ongoing attacks on Iran’s energy infrastructure, according to multiple reports citing senior U.S. and Israeli officials. Key Developments U.S. officials delivered the request at high political levels and directly to IDF Chief of Staff Eyal Zamir.  The Trump administration outlined several strategic concerns: A desire to maintain the possibility of future cooperation with Iran’s oil sector after the conflict. Fears that continued strikes could harm Iranian civilians.  Warnings that Iran might retaliate with large-scale attacks on Gulf energy infrastructure, a scenario described as a potential “doomsday option.”  Context The request marks a rare moment in which Washington is attempting to restrain Israeli military actions, despite the two nations having ...
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Canada's Unemployment Rate Hits 6.8% in November: Highest Since January 2017

Canada's unemployment rate surged to 6.8% in November, reaching its highest level since January 2017, excluding the COVID-19 pandemic period. This increase comes despite the addition of 51,000 jobs during the month.

Statistics Canada's November labour force survey revealed that the rise in unemployment was driven by a growing number of people entering the job market, which outpaced job creation. The labour force participation rate increased by 0.3 percentage points.

Economists are closely watching these developments as the Bank of Canada prepares for its upcoming interest rate decision. With high interest rates cooling the labour market over the past year, many unemployed Canadians have faced longer periods without work.

The report also highlighted that 46.3% of unemployed Canadians in November had not worked in the last year or had never worked, up from 39.5% a year ago. Meanwhile, average hourly wages were up 4.1% from a year ago, marking a slowdown in annual wage growth.

As the country grapples with these economic challenges, the Bank of Canada's decision on interest rates will be crucial in shaping the future of the job market.



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