FRANKFURT, Germany (AP) — The head of the European Central Bank says that businesses may be quicker to raise prices in response to the oil shock from the Iran war due to bitter memories of the inflation spike after Russia’s invasion of Ukraine in 2022. If oil and gas prices continue to rise, “the response […]
OTTAWA — An aviation expert says Canada is losing more air traffic controllers to retirement than it is hiring, despite efforts to ramp up recruitment. John Gradek, a faculty lecturer with McGill University’s aviation management program, said Canada is short about 1,500 air traffic controllers, and 150 more retire each year. “So guess what? You’re […]
ISINYA, Kenya (AP) — Kenya’s flower industry has reported weekly losses of up to $1.4 million since the Iran war began, with growers attributing the losses to a decline in demand and shipping disruptions. The Kenya Flower Council, a private sector organization representing growers and exporters of cut flowers and ornamentals in Kenya, said Tuesday […]
If lower interest rates can’t push homebuyers off the sidelines, perhaps a year’s worth of free borrowing costs will. That’s the hope for one developer whose offer joins a growing list of incentives aimed at luring buyers, as hesitation lingers across most major housing markets in Canada. The campaign announced last week by Mattamy Homes […]
HALIFAX — Nova Scotians are expected to find out today how much their power rates are going up. The provincial regulator is planning to release its decision on Nova Scotia Power’s request for a pair of rate increases. The privately-owned electric utility is seeking a 3.8 per cent power rate bump retroactive to Jan. 1, […]
OTTAWA — The union representing staff at Global Affairs Canada says the foreign service is laying off dozens of its highest-skilled diplomats, while asking other envoys moving across continents to wait months for their personal items. The cuts come as Global Affairs Canada sets out its plans to meet budget belt tightening requirements laid out […]
SRINAGAR, India (AP) — More than a thousand kilometers from the Iran war, Muslim residents in Indian-controlled Kashmir are collecting donations for Iranians: gold, cash, even utensils and livestock. Community leaders and elders have set up stalls in this part of the disputed Himalayan region, which is overwhelmingly Muslim and split between India and Pakistan […]
SRINAGAR, India (AP) — More than a thousand miles from the Iran war, Muslim residents in Indian-controlled Kashmir are collecting donations for Iranians: gold, cash, even utensils and livestock. Community leaders and elders have set up stalls in this part of the disputed Himalayan region, which is overwhelmingly Muslim and split between India and Pakistan […]
SAN FRANCISCO (AP) — The first jury verdict in a series of social media child safety trials this year is in — and it’s not looking good for Meta. A jury in New Mexico found on Tuesday that the social media giant’s platforms are harmful to children’s mental health and imposed a $375 million penalty. […]
Iran received a 15-point proposal from the U.S. to reach a ceasefire in the war, two Pakistani officials said Wednesday. The Pakistani officials described the proposal broadly as touching on sanctions relief, civilian nuclear cooperation, a rollback of Iran’s nuclear program, monitoring by the International Atomic Energy Agency, missile limits and access for shipping through […]
