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Greece Faces Mounting Social Strain as 2.8 Million Residents Risk Poverty

                                        Athens, Greece Greece is once again confronting a troubling social reality: an estimated 2.8 million people—more than a quarter of the country’s population—are now at risk of poverty or social exclusion. Despite signs of economic recovery in recent years, the benefits have not reached everyone, leaving many households struggling to keep up with rising living costs, stagnant wages, and persistent unemployment. The latest figures highlight widening inequality, particularly among young people, single‑parent families, and the long‑term unemployed. Inflation has intensified the pressure, eroding purchasing power and pushing vulnerable groups closer to the edge. Social organizations warn that the situation is becoming unsustainable, with increasing demand for food aid, housing support, and community services. While the government ha...
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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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