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Territorial Disputes Dominate Geneva Peace Talks

US President Donald Trump's son-in-law Jared Kushner, US Special Envoy Steve Witkoff, US Secretary of State Marco Rubio, US Army Secretary Daniel Driscoll sit before closed-door talks with Head of the Office of the President of Ukraine Andriy Yermak  (not pictured) on ending Russia's war in Ukraine, at the US Mission in Geneva, Switzerland. Negotiators from Russia and Ukraine convened in Geneva for a new round of U.S.-mediated peace talks, with territorial disputes emerging as the central point of contention. The discussions, held over two days, come amid heightened pressure from U.S. President Donald Trump, who has urged Kyiv to “come to the table fast” in pursuit of a settlement.  Both sides remain deeply divided over land claims, which have become the primary obstacle to progress. The Kremlin has signaled that territorial issues will dominate the agenda, while Ukrainian President Volodymyr Zelenskyy has voiced concerns that Kyiv is facing disproportionate p...
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Canada’s Inflation Cooldown: A January Surprise

 

                                Financial industry observers had expected the inflation rate to stay steady at 2.4 per cent. 

Canada’s inflation rate eased more than expected in January, slipping to 2.3% and offering a welcome sign of cooling price pressures. Economists had anticipated the rate would hold steady at 2.4%, but softer core measures and sharply lower gasoline prices helped push inflation down. 

Gasoline prices were a major driver behind the slowdown, falling 16.7% year-over-year and easing the burden on consumers at the pump. Excluding gasoline, inflation rose 3.0%, indicating that while headline inflation is moderating, underlying price pressures remain present. 

Core inflation measures also softened, with CPI Trim and CPI Median both edging lower. This broad-based easing suggests that inflationary momentum is losing steam, potentially influencing future monetary policy decisions. 

Overall, January’s data paints a cautiously optimistic picture: inflation is cooling, but the path forward may remain uneven as various sectors adjust to shifting economic conditions.

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