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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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BBC Faces Backlash Over Trump Speech Edit, Chairman Issues Apology

                                          People walk outside BBC Broadcasting House in London.


The BBC has been thrust into controversy after admitting to an “error of judgment” in editing a speech by U.S. President Donald Trump for its Panorama documentary. BBC chairman Samir Shah issued a formal apology, acknowledging that the edit gave the misleading impression that Trump had directly called for violent action during the January 6 Capitol riot.

The fallout has been significant. Both Director-General Tim Davie and BBC News Chief Executive Deborah Turness resigned following the storm of criticism, which intensified after a leaked internal memo revealed concerns about the edit. The memo, written by former adviser Michael Prescott, suggested that the documentary had spliced together different parts of Trump’s speech in a way that distorted its meaning.

Shah, in a letter to the UK Parliament’s Culture, Media and Sport Committee, admitted that the broadcaster should have acted sooner when the issue was first raised internally. He stressed that the BBC must “champion impartiality” and rebuild public trust, noting that the corporation had received more than 500 complaints since the memo’s publication.

The Panorama programme, which aired shortly before the controversy erupted, has now become a focal point in debates about media responsibility and editorial standards. Shah insisted that while mistakes were made, the BBC did not attempt to “bury” the concerns raised, and pledged reforms to ensure greater transparency in future editorial decisions.

This incident underscores the delicate balance media organisations must maintain between editorial judgment and public trust. For the BBC, one of the world’s most respected broadcasters, the challenge now lies in restoring confidence in its commitment to fairness and accuracy.


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