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Tragedy on the Runway: Air Canada Pilots Killed in LaGuardia Collision

  Debris hangs from the damaged Air Canada jet that had collided with a fire truck at New York's LaGuardia Airport Sunday night. An Air Canada Express CRJ‑900 jet crashed into a fire truck while landing at New York’s LaGuardia Airport late Sunday night, killing both the pilot and co‑pilot and injuring multiple passengers. The aircraft, operating as a Jazz Aviation flight from Montreal with 72 passengers and four crew members on board, struck a Port Authority firefighting vehicle that had entered the runway moments before touchdown.  The collision occurred around 11:40 p.m., prompting an immediate shutdown of LaGuardia Airport as emergency crews responded. Authorities confirmed that all passengers were accounted for, with more than a dozen sustaining injuries of varying severity. The airport is expected to remain closed until at least early Monday afternoon as investigators examine the circumstances leading to the fatal runway incursion.  Early air‑traffic recordings ca...

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Global Markets Reel as China Responds to U.S. Tariffs

 


Global financial markets faced a sharp downturn as China announced retaliatory tariffs in response to U.S. President Donald Trump's sweeping trade measures. The Chinese government imposed a 34% tariff on all U.S. imports, mirroring the rate of the U.S. tariffs introduced earlier this week. This move has intensified fears of a global trade war, sending shockwaves through stock markets worldwide.

Major indices, including the S&P/TSX in Canada, experienced significant losses, with futures dropping by 2.7% early Friday. Asian and European markets also saw steep declines, while U.S. stock futures pointed to further losses on Wall Street. The tariffs have raised concerns about a potential global recession, as industries and economies brace for the impact of escalating trade tensions.

Commodities were not spared, with oil prices hitting their lowest levels since the pandemic, and gold—a traditional safe haven—experiencing fluctuations. Economists warn that the ongoing trade conflict could lead to a contraction in global trade volumes, further straining economic growth.

The situation remains fluid, with investors and policymakers closely monitoring developments. The global economy now faces a critical juncture as the repercussions of these tariffs unfold.

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