Canada’s annual inflation rate fell to 2.5 per cent last month, matching economists' forecasts and solidifying expectations for a third consecutive interest rate cut in September.
Tuesday’s consumer price index report says prices for travel tours, passenger vehicles and electricity helped drive the headline figure lower.
Israel's Prime Minister Benjamin Netanyahu has agreed to the American 'bridging proposal' on the release of hostages after a three-hour meeting with the US Secretary of State Antony Blinken in Jerusalem. The statement marked the first time Netanyahu publicly endorsed the latest US formula.
The Democratic National Convention that began Monday in Chicago holds particularly high stakes for the party one month after an unprecedented mid-campaign switch from Biden to Harris. The opening night was designed as a handoff from the incumbent to his hand-picked successor — albeit four years before he intended for her to follow him.
Bihar Police in Muzaffarpur have arrested three more accused, including the primary suspect Sanjay Rai in connection with the gang rape and murder of a minor Dalit girl. The district police had filed a First Information Report (FIR) against six individuals based on a complaint filed by the victim’s mother at the Paroo police station of the district.
The Conservative Party of Canada has deleted a video that was meant to promote its Canadian values but featured images of what the Defence Minister's office says are Russian fighter jets.
The party acknowledged on Monday that mistakes happen, while also pointing out that the Liberals have dealt with a stock image backlash in the past.
A ban on all new cargo pickups at Canadian Pacific is coming tomorrow if a deal is not reached between two of Canada's major railways and its union. A phased shutdown of the networks is already underway as a potential work stoppage looms on Thursday.
