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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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Texas Braces for More Flooding as Death Toll Climbs Past 80

As torrential rains continue to batter parts of Texas, state officials are warning residents to prepare for additional flooding in already waterlogged communities. Emergency responders have been working around the clock as rivers swell beyond their banks and roads turn into dangerous currents.

The death toll from the historic weather event has now surpassed 80, with many fatalities attributed to flash floods, stranded vehicles, and collapsed structures. Hardest hit are the southeastern counties, where entire neighborhoods have been evacuated and thousands left without power or access to clean drinking water.

Texas Governor Maria Delgado has declared a state of emergency across 37 counties, mobilizing the National Guard and urging citizens to heed evacuation warnings. “We are facing an ongoing crisis,” she said in a press conference Sunday evening. “Our priority is to save lives and restore essential services as soon as possible.”

Meteorologists say the region may see another 3–5 inches of rain this week, further complicating rescue and recovery efforts. In Houston, flood gates remain open to relieve pressure on the city’s bayou system, while local nonprofits race to provide shelter and aid.

Federal agencies, including FEMA, are coordinating with state and local authorities as cleanup begins in areas where the waters have receded. But with storms continuing to roll through, many Texans are bracing for another round of devastation.


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