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Rising Tensions Prompt Ottawa to Urge Vigilance Among Canadians in the Middle East

Residents are evacuated from a building hit by a projectile in Tirat Hacarmel, northern Israel, Saturday, Feb. 28, 2026. No injuries were reported. Canadians living or travelling in the Middle East are being urged to remain highly vigilant as regional tensions escalate. Foreign Affairs Minister Anita Anand issued the warning following renewed instability linked to stalled nuclear negotiations between the United States and Iran, as well as an increased American military presence in the region.  Anand emphasized that Canadians in Iran, in particular, should consider leaving if they can do so safely, noting that the situation could deteriorate quickly. The warning comes amid threats of military action from the United States should Iran fail to agree to a nuclear deal, while Iran maintains its right to enrich uranium for peaceful purposes.  The Canadian government continues to monitor developments closely and advises citizens across the broader region to follow local guidance,...
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Tariff Turmoil: Wall Street Wobbles Amid Auto Industry Shake-Up

 

Wall Street faced a turbulent day as President Trump's announcement of 25% tariffs on imported cars sent ripples through the stock market. The S&P 500, Dow Jones Industrial Average, and Nasdaq Composite all experienced declines, reflecting investor concerns over the potential economic impact of the tariffs.

Automakers were among the hardest hit, with General Motors and Ford seeing significant drops in their stock prices. Even U.S.-based manufacturers felt the strain due to their complex supply chains spanning North America. Meanwhile, electric vehicle makers like Tesla and Rivian fared better, as their production is largely U.S.-based.

The tariffs, set to take effect on April 2, have sparked fears of a trade war and raised questions about their long-term implications for the global economy. Investors remain cautious, with many bracing for further market volatility. 



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