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5 Things to Know Today: The Money News Shaping Your Week

5 Things to Know Today: The Money News Shaping Your Week 1. Canada’s Economy Grew Faster Than Expected Canada’s economy expanded at an annualized 2.6% in Q4, driven by stronger household spending, exports, and business investment. 2. Manitoba Fast‑Tracks Major Infrastructure Projects A new federal‑provincial agreement introduces a “one project, one review” system to accelerate ports, highways, and energy corridors. 3. Job Market Shows a Small but Positive Uptick Canada added 14,000 jobs in March, with wages rising 4.7% — a key factor ahead of the Bank of Canada’s April 29 rate decision. 4. Oil Markets Remain Volatile After Hormuz Reopening Iran has reopened the Strait of Hormuz, but analysts warn global oil markets may take time to stabilize. 5. Canadians Face Rising Affordability Pressures More Canadians are turning to budgeting tools as inflation, energy costs, and housing pressures persist.
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Diplomatic Struggles: Russia and the U.S. Face Challenges in Ukraine Peace Talks

 

Russia’s Foreign Minister Sergei Lavrov has acknowledged the difficulties in reaching a peace agreement with the United States regarding the ongoing war in Ukraine. In an interview with the Kommersant newspaper, Lavrov stated that while discussions are taking place, agreeing on the key components of a settlement remains a challenge.

The diplomatic negotiations come amid continued tensions between Russia and Ukraine, with both sides seeking a resolution that aligns with their respective interests. While U.S. officials have expressed optimism about the possibility of a peace deal, Russia has been cautious, emphasizing the complexity of the discussions.

Despite the hurdles, efforts to broker a lasting peace continue, with international stakeholders closely monitoring the situation. The outcome of these negotiations could have significant implications for global stability and the future of Ukraine’s sovereignty.


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