The U.S. economy shrank at a 0.5 per cent annual pace from January through March as President Donald Trump’s trade wars disrupted business, the Commerce Department reported Thursday in an unexpected deterioration of earlier estimates. Consumer spending also slowed sharply in the first quarter. The U.S. economy shrank at a …
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A Canadian citizen died while in custody of U.S. Immigration and Customs Enforcement earlier this week, the agency says. 49-year-old man was being detained ‘pending removal proceedings,’ according to ICE news release. A Canadian citizen died while in custody of U.S. Immigration and Customs Enforcement earlier this week, the agency …
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NEW YORK, United States — The dollar hit a three-year low on Thursday as President Donald Trump eyed candidates to succeed Federal Reserve boss Jerome Powell, fueling bets of cuts to US interest rates. But Wall Street rose handsomely, lifting the S&P 500 to near a closing record, following solid …
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A controversial tax being proposed by President Donald Trump’s administration that could cost Canadians and Canadian businesses billions is up in the air after U.S. Treasury Secretary Scott Bessent said a deal has been reached to scrap it. Thursday afternoon, Bessent said that the G7 would soon be announcing that …
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Houston-based Axiom Space launched four astronauts into space in a mission piloted by Shubhanshu Shukla, the first Indian to go to space in four decades. The mission signals a new era in space exploration that has India and other countries hitching rides with commercial companies rather than building their own …
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Malacañang reaffirmed the Philippines’ longstanding support for a two-state solution between Israel and Palestine, in response to fresh calls from the Palestinian side urging Manila to pressure Israel over alleged human rights violations in Gaza. Photo generated from ChatGPT Communications Undersecretary Claire Castro said this after Palestinian Ambassador to the …
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BANG FOR GOOD FORTUNE. National Security Adviser Eduardo Ano, Armed Forces of the Philippines Chief Gen. Romeo Brawner, Japanese Ambassador to the Philippines Kazuya Endo, along with officials of the Japanese warship JS ISE DDH 183, bang the Japanese gong yesterday in celebration of the 71st anniversary of the Japan …
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Irene Khan, United Nations (UN) Special Rapporteur on freedom of opinion and expression, gestures during a press conference in Manila on February 2, 2024 (Ted Aljibe / AFP) MANILA, Philippines — A United Nations special rapporteur has urged the Marcos administration anew to end the vilification of rights defenders, saying …
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Israeli Prime Minister Benjamin Netanyahu has claimed victory over his arch-foe Iran, but the war with a much smaller and stubborn adversary in Hamas drags on. And Netanyahu is facing renewed pressure to end it. Benjamin Netanyahu has quickly claimed victory over Iran — but there’s still Hamas in Gaza. …
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A controversial tax being proposed by President Donald Trump’s administration that could cost Canadians and Canadian businesses billions is also likely to cost the U.S. government, according to an assessment by a non-partisan U.S. congressional office. Tax that could hit Canadians comes with risk to U.S. revenue, investments. A controversial …
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