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Canada’s Inflation Climbs to 2.4% as Gas Prices Surge to Record High

  Canada’s inflation rate accelerated to 2.4% in March , up from 1.8% in February, as the Iran war triggered the largest monthly gasoline price increase on record . Statistics Canada reported that gas prices surged 21.2% month‑over‑month , a supply‑shock response to Iran’s closure of the Strait of Hormuz and broader Middle East instability.  Energy costs were the dominant driver of March inflation, with overall energy prices rising 3.9% year‑over‑year after a sharp decline the month before. Excluding gasoline, inflation would have eased to 2.2% , highlighting how concentrated the price shock was.  Food inflation offered mixed relief: grocery prices rose 4.4% , while fresh vegetables jumped 7.8% due to difficult growing conditions. Restaurant inflation cooled sharply as last year’s tax‑holiday distortions fell out of the annual comparison.  Economists note that while headline inflation spiked, core measures remained relatively tame , giving the Bank of Canada ro...
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France's Prime Minister Condemns Trump's Oval Office Clash with Zelenskyy

 


In a rare display of sharp criticism, French Prime Minister François Bayrou denounced former U.S. President Donald Trump's recent confrontation with Ukrainian President Volodymyr Zelenskyy. Speaking during a parliamentary debate in Paris, Bayrou described the Oval Office exchange as a "staggering show of brutality" aimed at humiliating Zelenskyy. 

The incident, which unfolded before global media, saw Trump allegedly pressuring Zelenskyy with threats, attempting to force concessions. Bayrou praised Zelenskyy for standing firm, stating, "President Zelenskyy did not fold, and I think we can show him our appreciation." His remarks were met with a standing ovation from French lawmakers.

This bold stance by Bayrou contrasts with the more measured tone adopted by French President Emmanuel Macron, signaling a divergence in diplomatic approaches within France's leadership. The episode has sparked widespread international debate about the dynamics of U.S.-Ukraine relations and the broader implications for global diplomacy.

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