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Canada’s Economy Stumbles: October GDP Sees Sharpest Decline Since 2022

Canada’s economy hit a setback in October 2025, with real GDP contracting by 0.3% , the largest monthly drop in nearly three years. The decline erased September’s modest 0.2% growth and underscored the fragility of the country’s recovery amid global and domestic challenges. Key Drivers of the Contraction Manufacturing slump: Output fell 1.5% , reversing September’s gains. Durable goods manufacturing, particularly machinery and wood products, saw steep declines, with lumber production dropping 7.3% following new U.S. tariffs. Goods-producing industries: Overall, these sectors contracted 0.7% , led by manufacturing and mining. Services-producing industries: Activity slipped 0.2% , weighed down by labor stoppages in key service areas. Broad impact: 11 of 20 industrial sectors reported declines, highlighting widespread weakness across the economy. Broader Context Despite the October setback, Canada’s GDP was still up 0.4% year-over-year , reflecting modest growth compared t...
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U.S. Diplomacy at a Crossroads: Trump and Rubio Signal Urgency in Russia-Ukraine Peace Talks

In a pivotal moment for international diplomacy, President Donald Trump has called on Russia to halt its attacks on Ukraine, emphasizing the need for immediate action to end the ongoing conflict. Trump's remarks come as U.S. Secretary of State Marco Rubio warns that the United States may reconsider its role in mediating peace efforts if progress remains elusive.

During a recent meeting with Ukrainian President Volodymyr Zelenskyy at the Vatican, Trump expressed frustration over Russia's continued aggression, stating that there was "no reason for Putin to be shooting missiles into civilian areas." Rubio echoed the urgency, describing the coming week as "critical" for determining whether the U.S. will continue its involvement in the peace process.

The stakes are high, with both leaders underscoring the importance of a negotiated settlement to end the war. However, the path forward remains fraught with challenges, as territorial disputes and security guarantees continue to be major sticking points in the negotiations. 

This moment could define the future of U.S. engagement in global conflict resolution, as the administration balances its commitment to peace with the realities of geopolitical complexities.

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