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Continue reading...September 20, 2022
Economic stimulus should have stopped earlier to tame inflation, Bank of Canada says
OTTAWA – Bank of Canada deputy governor Paul Beaudry said in hindsight, governments and central banks should have withdrawn stimulus measures earlier as economies recovered from the COVID-19 pandemic, which likely would have kept a lid on inflation. In a speech at the University of Waterloo...
Continue reading...Mexico Earthquake: Death toll rises to 2, over 3,000 houses damaged
Damaged building in Mexico due to a powerful earthquake of 7.7 magnitude. Photo : AP Mexico City: The death toll in a powerful earthquake that jolted Mexico climbed to two on Tuesday. Meanwhile, over 3,000 houses have reportedly been damaged due to the powerful quake of...
Continue reading...Inflation is cooling, but the Bank of Canada isn’t done its fight: economists
Nojoud Al Mallees, The Canadian Press Published Tuesday, September 20, 2022 7:34PM EDT OTTAWA – Inflation in Canada is cooling faster than expected, but economists don’t expect the Bank of Canada to back down from its fight just yet. The annual inflation rate slowed to 7.0...
Continue reading...Annual high-power U.N. meetings start with U.S. looking to shore up unity on Ukraine
UNITED NATIONS — The world’s leaders converged on the United Nations on Tuesday for the opening sessions of the body’s annual General Assembly, held in person for the first time in three years, but with twin crises of war in Ukraine and famine in Africa weighing heavily...
Continue reading...Ukrainian President Volodymyr Zelensky thanks western allies for condemning move by pro-Russian separatists to conduct referendums
Ukrainian President Volodymyr Zelensky (File image) Photo : AP Kyiv: Ukrainian President Volodymyr Zelensky on Tuesday hailed western allies for denouncing plans of separatists in areas annexed by Russian troops to conduct referendums on joining Russia, reported AFP. Pro-Russian separatists announced their plan to organise the...
Continue reading...The First Amendment deserves more respect than these judges give it
The conservative 5th U.S. Circuit Court of Appeals last week upheld a Texas law that prohibits large social media companies from deplatforming their users based on the content of what those users post. This ruling makes a good deal of sense — if you want federal...
Continue reading...Feds set to drop ArriveCan app, ease other COVID-19 border restrictions within weeks: Sources
The federal government is poised to ease COVID-19 restrictions at the border, including vaccination requirements, random COVID-19 testing and mandatory use of the ArriveCan app. The move is expected to come by the end of September, sources told CTV News. The vaccination requirement was dropped for...
Continue reading...Mississauga nightclub that was subject of public safety alert says it is pausing operations
A Mississauga nightclub that was the subject of a public safety alert following several crime-related incident earlier this summer is pausing operations. The City of Mississauga previously issued a two-week suspension notice to Her Nightclub on Sept. 9, which would have enabled it to reopen later...
Continue reading...As UN confronts ‘cascade of crises,’ Trudeau focused on global growth, food security
In a time of crisis, the planet is gridlocked by “colossal global dysfunction,” the head of the United Nations said Tuesday as he urged leaders to come together in a collective effort to light a beacon of hope for the world. Secretary-General António Guterres opened the...
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