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Claim Your Share: Navigating the $500-Million Bread Price-Fixing Settlement

  Canadians who purchased packaged bread between January 1, 2001, and December 31, 2021 , may be eligible for compensation from a $500-million class-action settlement . This lawsuit accused major grocery chains, including Loblaw Companies Ltd. and George Weston Ltd. , of participating in a price-fixing scheme that artificially inflated bread prices. Who Can Apply? Eligible claimants include individuals and businesses that bought packaged bread in Canada during the specified period. The settlement covers most packaged bread products , but excludes fresh in-store baked goods, artisan loaves, and frozen bread. How to File a Claim Once the settlement process is finalized, an online claims porta l will be available for submissions. Claimants will need to provide details about their bread purchases, though proof of purchase is not required for claims up to $25 . Those who previously received a $25 Loblaw gift card  in 2018–2019 can still apply, but the gift card amount will be deduc...
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U.S. President Trump Warns of Sanctions on Iranian Oil Buyers

In a bold move that could reshape global energy markets, U.S. President Donald Trump has issued a stern warning against countries and individuals purchasing Iranian oil. Trump declared that any entity engaging in such transactions would face secondary sanctions, effectively barring them from conducting business with the United States.

The announcement comes amid heightened tensions between the U.S. and Iran, particularly concerning Iran’s nuclear program. Planned negotiations between the two nations were recently postponed due to logistical reasons, further complicating diplomatic efforts. Trump's warning also risks escalating friction with China, Iran’s largest oil customer, at a time when U.S.-China relations are already strained due to trade disputes.

While the specifics of how the sanctions would be enforced remain unclear, the move signals a firm stance from the Trump administration. Analysts suggest that this could lead to significant shifts in global oil trade, with countries potentially seeking alternative suppliers to avoid U.S. penalties.

The international community now watches closely to see how affected nations respond and whether diplomatic efforts can ease the growing tensions.

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