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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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Radar Glitch Grounds UK Flights, Sparks Nationwide Disruption

 

                                         Members of the public wait in the arrivals hall at Terminal 5 of Heathrow                                                 Airport in London

A technical failure at the National Air Traffic Services (NATS) Swanwick control centre caused widespread flight disruptions across the UK on Wednesday, July 30, 2025. Major airports including Heathrow, Gatwick, Edinburgh, and Birmingham were affected, with outbound flights temporarily grounded as engineers scrambled to resolve the issue.

The radar malfunction led to a shutdown of London’s airspace, forcing aircraft into holding patterns and delaying thousands of passengers. Although the system was restored later in the day, airlines warned that delays would persist into the evening as they worked to clear the backlog.

This incident echoes a similar outage in August 2023, which cost airlines over £100 million in compensation and refunds. Critics have called for improved contingency planning, citing the recurring nature of such failures.

Passengers are advised to check with their airlines for updated flight information as operations gradually return to normal.

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