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Canada’s Inflation Cools to 2.2% in October Amid Cheaper Gas and Groceries

  Motorists fuel up at an ONroute gas station near Maple, Ont., on April 1, 2025. Lower gas prices helped bring overall inflation down in October, Statistics Canada says. Canada’s annual inflation rate eased to 2.2% in October , down from 2.4% in September. The slowdown was largely driven by falling gasoline and grocery prices, offering some relief to consumers after months of persistent cost pressures. Key Drivers of the Decline Gasoline prices dropped 4.8% month-over-month , as retailers switched to cheaper winter fuel blends and global crude oil prices fell due to oversupply concerns. Grocery prices fell 0.6% in October , marking the largest monthly decline since September 2020. Annual grocery inflation cooled to 3.4% , down from 4% in September, with lower costs for processed foods and fresh vegetables offsetting higher prices for chicken. Excluding gasoline, the Consumer Price Index (CPI) rose 2.6% year-over-year , showing that underlying inflationary pressures remain....

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Israeli Military Operation in Jenin: Six Dead, Dozens Wounded

In a significant escalation of tensions, a major Israeli military operation in the occupied West Bank city of Jenin has resulted in the deaths of at least six individuals and left dozens wounded, according to Palestinian health officials. The operation, which began on Tuesday, was described by the Israeli military as a "significant and broad military operation" targeting Palestinian militants.

The city of Jenin has been a focal point of repeated Israeli incursions and gun battles with militants over the years. This latest operation comes just days into a fragile ceasefire between Israel and Hamas in Gaza, which is intended to last for six weeks and includes the release of hostages and prisoners.

The Palestinian Health Ministry reported that more than 800 people have been killed in Israeli raids in the West Bank since the outbreak of the Israel-Hamas war. The operation has drawn condemnation from Hamas and other militant groups, who have called for increased resistance against Israeli forces.

The situation remains volatile, with ongoing violence and a complex political landscape. The international community continues to monitor the developments closely, hoping for a peaceful resolution to the conflict.







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