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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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Munich Airport Resumes Flights After Drone Disruptions Ground Thousands

                                          Munich airport begins slow reopening after late-night drone sightings.  

Munich Airport began gradually reopening on Saturday morning following a second closure in less than 24 hours caused by suspected drone sightings. Both runways were shut down late Friday evening, forcing dozens of flights to be diverted or cancelled and leaving more than 6,500 passengers stranded overnight.

Operations resumed at 7 a.m. local time, two hours later than scheduled, but officials warned of continued delays throughout the day. Camp beds, blankets, and refreshments were provided to stranded travelers as airlines worked to rebook passengers.

The incident follows a similar disruption on Thursday night, highlighting growing concerns over mysterious drone activity across European airspace. Authorities have not identified who is behind the incursions, though speculation has linked recent drone sightings in Germany, Belgium, and Norway to potential foreign interference.

German Interior Minister Alexander Dobrindt has pledged to accelerate legislation that would allow police to request military assistance in shooting down drones near critical infrastructure.

For now, Munich Airport—the country’s second-busiest hub—is back in operation, but officials remain on high alert as investigations continue.


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