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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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Former Norwegian PM Thorbjørn Jagland Hospitalised Amid Intensifying Epstein-Linked Corruption Probe

 

                                            Norwegian Nobel Committee Chairman Thorbjoern Jagland

Former Norwegian Prime Minister Thorbjørn Jagland has been hospitalised following what multiple media outlets describe as an apparent suicide attempt, occurring just days after he was formally charged with aggravated or gross corruption connected to his past ties with the late financier Jeffrey Epstein. Reports from Norwegian and international outlets indicate that Jagland, 75, was admitted to an undisclosed medical facility, where his condition is described as serious. 

Authorities in Norway recently launched a corruption investigation after documents from the U.S. Justice Department suggested that Jagland and members of his family had visited Epstein’s properties between 2011 and 2018. Police also searched Jagland’s properties as part of the probe. 

Jagland, a former Nobel Peace Prize Committee chair and Secretary General of the Council of Europe, has not publicly commented since the charges were announced. Media reports note that details surrounding his medical treatment remain undisclosed, and officials have not confirmed further 

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