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Ukraine Faces Deepening Power Shortages After Russian Strikes

A resident shows a journalist where a Russian drone struck the roof of an apartment building, depriving its residents of water, heat and electricity, in Kyiv. Ukraine is confronting one of its most severe energy shortfalls since the start of the full‑scale invasion, with the country currently able to supply only about 60% of its electricity needs. A new wave of Russian missile and drone attacks has heavily damaged power plants and transmission infrastructure across multiple regions, pushing the grid to the brink. Officials report that nearly every major power‑generating facility has been hit in recent weeks. Cities such as Kyiv, Kharkiv, Odesa, and Dnipro have experienced rolling blackouts, leaving millions of residents coping with limited heating, lighting, and communications during the winter season. Ukraine’s government has warned that the situation remains extremely challenging. Engineers are working around the clock to repair damaged facilities, but repeated strikes have slowed...
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Canadian Canola Sector Urges Ottawa to Shield Market Amid Escalating China Trade Dispute

 

                                            A canola plant in full bloom is pictured near Cremona, Alta. 

The Canadian canola industry is calling on the federal government to restrict vegetable-oil imports in response to China’s latest trade action — a steep 75.8% preliminary tariff on Canadian canola seed. The move, set to take effect August 14, follows Beijing’s yearlong anti-dumping investigation, which it claims found Canadian producers were selling canola at unfairly low prices.

Industry leaders warn the tariff will effectively shut Canadian canola out of its largest export market, worth nearly $5 billion annually. The Canola Council of Canada says the loss of Chinese demand will have “significant impacts” on farmers and the broader supply chain.

The dispute is widely seen as retaliation for Ottawa’s 2024 decision to impose a 100% tariff on Chinese electric vehicles, alongside levies on steel and aluminum. China had already targeted Canadian canola oil and meal earlier this year, meaning all major canola products now face trade barriers.

Provincial leaders, including Saskatchewan Premier Scott Moe, are pressing Prime Minister Mark Carney to act quickly, warning that the canola sector — supporting roughly 200,000 jobs — is larger than Canada’s steel, aluminum, and EV industries combined.

Farm groups say curbing vegetable-oil imports could help stabilize domestic prices and offset some of the losses from the Chinese market closure. However, trade experts caution that such measures could invite further retaliation, deepening the rift between Ottawa and Beijing.

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