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Algoma Steel Announces Over 1,000 Layoffs Amid Tariffs and Transition

  Reeling from high tariffs imposed by U.S. President Donald Trump, Algoma Steel confirmed Monday it has issued layoff notices to about 1,000 workers.  Algoma Steel, a major employer in Sault Ste. Marie, Ontario, has confirmed plans to lay off more than 1,000 workers in the coming months. The company issued 1,050 layoff notices as part of its decision to shut down its blast furnace and coke oven operations, accelerating its transition to electric arc furnace (EAF) technology. The layoffs, expected to take effect by March 23, 2026 , come as Algoma faces mounting financial pressures. The company reported nearly half a billion dollars in losses last quarter and cited “unprecedented tariffs” imposed by the United States as a key factor in reshaping its competitive landscape. Union leaders from United Steelworkers Locals 2724 and 2251 confirmed the layoffs, noting that while the workforce had anticipated job reductions tied to the EAF transition, the U.S. tariffs accelerated ...

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Preserving the Priceless: Regulation Needed for the Saya de Malha Bank

                         


The Saya de Malha Bank, located in the Indian Ocean, is one of the largest submerged banks in the world, teeming with life and mystery. This underwater paradise is home to an extraordinary array of marine biodiversity, including delicate coral formations, schools of vibrant fish, and even endangered species. Its expansive seagrass beds play a critical role in combating climate change, acting as a carbon sink that absorbs and stores vast amounts of CO2. 

Despite its ecological significance, the Saya de Malha Bank remains largely unprotected, facing threats from overfishing, climate change, and unregulated activities. The absence of clear governance and conservation policies leaves this rich marine environment vulnerable to degradation. Experts emphasize the urgent need for international cooperation to establish regulations that preserve this underwater wonder. Protecting the Saya de Malha Bank is not only vital for marine ecosystems but also for the health of our planet as a whole.

Without swift action, we risk losing this unique haven of biodiversity. The call for regulation is not just a matter of ecological preservation—it's a responsibility to future generations who deserve to inherit a thriving, balanced ocean.

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