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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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Zelensky Heads to Washington for High-Stakes Talks with Trump on Long-Range Missiles

                                           Ukrainian President Volodymyr Zelensky

Ukrainian President Volodymyr Zelensky is set to travel to Washington this week for a pivotal meeting with U.S. President Donald Trump, where the focus will be on securing advanced long-range weapons and strengthening Ukraine’s air defense systems.

Zelensky confirmed that the discussions will center on U.S.-made Tomahawk missiles, which Kyiv has been lobbying for as it seeks to pressure Russia into serious peace negotiations. The missiles, with a range of up to 2,500 kilometers, could allow Ukraine to strike deep into Russian territory, though Zelensky has emphasized they would be used strictly against military targets.

The visit comes as Trump signals a renewed push to end the war in Ukraine, following his recent diplomatic efforts in the Middle East. Both leaders are expected to outline steps aimed at intensifying pressure on Moscow while exploring pathways toward eventual peace.

In addition to his White House meeting, Zelensky is scheduled to hold talks with members of Congress and U.S. defense industry leaders, underscoring Kyiv’s urgent need for sustained military and political support.


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