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Zelensky Faces Stark Choices as Trump Pushes Peace Framework

Trump's son-in-law Jared Kushner, U.S. Special Envoy Steve Witkoff, U.S. Secretary of State Marco Rubio, U.S. Army Secretary Daniel Driscoll sit before closed-door talks with Head of the Office of the President of Ukraine Andriy Yermak (not pictured). As pressure mounts in the ongoing war between Ukraine and Russia, U.S. President Donald Trump has intensified efforts to secure a peace deal , urging Kyiv to accept a revised framework before the American Thanksgiving holiday. The proposal, reportedly a 28-point plan , has drawn sharp criticism for heavily favoring Moscow’s interests, including demands that Ukraine cede territory, limit its military, and abandon aspirations to join NATO. In recent days, Trump warned that Ukraine risks losing access to U.S. intelligence and weapons if it fails to agree to the plan by November 27. His administration has framed the deadline as a necessary step to end the nearly four-year war, but many in Kyiv view it as coercive. Ukrainian President V...
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Canada's Inflation Rate Declines to 1.8% in December Amid GST Tax Break

 

Canada's annual inflation rate fell to 1.8% in December 2024, according to Statistics Canada. This decrease is largely attributed to the federal government's temporary tax break on various goods and services, including food purchased from restaurants, alcohol, tobacco, and clothing.

The tax break, which was introduced mid-December, significantly contributed to the deceleration in inflation. Without this tax relief, the inflation rate would have risen to 2.3%. Grocery prices also saw a decline, falling to 1.9% from the previous month.

The Bank of Canada is now closely monitoring these developments as it prepares for its next interest rate decision. Analysts are speculating whether this consistent easing of inflation might prompt further rate cuts.

This report highlights the impact of fiscal policies on inflation and underscores the importance of government interventions in managing economic stability.




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