Skip to main content

Featured

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....
Post a Comment
Read more

article

Labels

Trump's Controversial Plan for Gaza Sparks Global Outrage

In a stunning announcement, former U.S. President Donald Trump proposed a bold plan to take over the Gaza Strip and transform it into the "Riviera of the Middle East." During a joint press conference with Israeli Prime Minister Benjamin Netanyahu, Trump outlined his vision to **displace over two million Palestinians** and develop the war-torn region into a luxurious tourist destination.

The proposal has drawn widespread condemnation from global leaders and human rights organizations. Critics argue that the plan would lead to a bloody occupation and further destabilize the already volatile region. Palestinian leaders have expressed revulsion, calling the plan a violation of international law and an attempt to erase Palestinian identity.

The international community remains divided on the feasibility and morality of Trump's vision, with many fearing it could ignite new conflicts in the Middle East. As the debate continues, the world watches closely to see how this controversial proposal will unfold.



Labels:

Comments

Post a Comment