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Trump Pressures Tehran to Move Quickly on U.S. Ceasefire Proposal

A person stands next to the remnant of an Iranian missile, in Beitin village near Ramallah, in the Israeli-occupied West Bank U.S. President Donald Trump has urged Iran to act swiftly on a proposed ceasefire plan aimed at ending nearly four weeks of intense conflict across the Middle East. His remarks came after Iranian Foreign Minister Abbas Araqchi stated that Tehran is reviewing the U.S. proposal but is not engaged in direct negotiations, insisting that current exchanges through intermediaries do not constitute formal dialogue.  Indirect communication between the two countries is reportedly being facilitated by Pakistan, with additional support from Turkey and Egypt. Despite this, Iranian officials maintain a firm stance, emphasizing continued resistance and rejecting the notion of active talks.  Trump, however, has publicly claimed that Iranian leaders are eager for a deal, asserting that they are under immense pressure both domestically and militarily. He warned Tehran...
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Canadian Inflation Climbs to 1.9% in January as Core Measures Edge Higher

 

Canada’s annual inflation rate in January rose modestly to 1.9%, up slightly from December’s 1.8% . The increase was largely driven by a surge in energy prices—especially gasoline and natural gas—which counterbalanced the downward pressure on prices provided by the recent GST/HST tax break on select goods ; additional details were outlined by Statistics Canada.

Core inflation measures, which exclude the more volatile food and energy components, also recorded an uptick. Both the CPI-median and CPI-trim indexes climbed to 2.7%, indicating persistent underlying price pressures despite headline inflation staying near the Bank of Canada’s target range of 1–3%.

Analysts suggest that while the tax holiday helped ease food price inflation—leading to declines in some categories—the rebound in energy costs has nudged overall inflation upward. With the temporary tax break now ended, economists will be closely monitoring upcoming data to determine if this modest rise is a temporary anomaly or a sign of more entrenched inflationary pressures.

By keeping a keen eye on core inflation metrics, policymakers and market watchers alike are preparing for future monetary decisions aimed at keeping inflation in check as new data emerges.


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