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Greek Tanker Struck by Missile in Black Sea, Crew Emerges Unharmed

  A Greek‑flagged tanker sailing near the Russian port of Novorossiysk was struck by a missile but remained operational, and all 24 crew members were confirmed safe.   A Greek‑owned and Greek‑flagged tanker sustained material damage after being hit by a missile while sailing approximately 14 nautical miles off the Russian port of Novorossiysk in the Black Sea. According to authorities, the vessel—operated by Maran Gas Maritime—was not carrying cargo at the time of the strike and continued to navigate safely following the incident.  All 24 crew members on board, including ten Greek nationals, thirteen Filipinos, and one Romanian, were reported to be in good health. The impact caused damage to the starboard side of the ship, but no assistance or towing was required. The tanker remained fully operational, and no environmental pollution was reported.  Greek officials have condemned the attack as dangerous and unacceptable, noting that the incident occurred amid height...
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Canada's Inflation Rate Rises as GST Holiday Ends


Canada's annual inflation rate surged to 2.6% in February, up from 1.9% in January, according to Statistics Canada. This increase follows the conclusion of the federal government's two-month GST/HST holiday, which had temporarily reduced prices on various household staples, gifts, and restaurant bills. The tax break ended mid-February, contributing to a notable rise in consumer prices.

Economists had anticipated a more modest inflation increase to 2.2%, but the actual figures exceeded expectations. Without the tax holiday in place for half the month, inflation would have reached 3%, highlighting the significant impact of the temporary measure.

While gas prices saw a slight monthly increase, their annual comparison showed a deceleration, helping to moderate the overall inflation rate. However, provinces like Ontario and New Brunswick experienced the fastest price accelerations, reflecting regional variations in consumer costs.

This development comes as the Bank of Canada continues to monitor inflation trends closely, especially in the context of ongoing economic challenges. The end of the GST/HST holiday underscores the complexities of balancing temporary relief measures with long-term economic stability.

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