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Europe Rejects U.S. Peace Framework Demanding Ukrainian Concessions

Ukraine suffered one of the worst Russian attacks in months when drones and missiles hit Ternopil.  European leaders have firmly rejected a U.S.-backed peace proposal that would require Ukraine to surrender territory and scale back its military capabilities. The plan, reportedly drafted by Washington and discussed with President Volodymyr Zelenskyy, has been described by European officials as tantamount to forcing Kyiv into capitulation. According to reports, the framework envisions Ukraine giving up land to Russia and partially disarming its armed forces. This approach has sparked alarm across Europe, where officials insist that any peace plan must respect Ukraine’s sovereignty and involve both Kyiv and European partners in negotiations. EU foreign policy chief Kaja Kallas emphasized that “for any plan to work, it needs Ukrainians and Europeans on board,” underscoring the bloc’s position that decisions about Ukraine’s future cannot be made without its direct involvement. German...
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Gas Prices Sink in Canada as Expert Calls for a Month of Falling Prices




Gas prices could continue falling for at least a month, according to one U.S. analyst. Tom Kloza, global head of energy analysis at OPIS, is calling for average prices south of the border to dip below US$3 per gallon. 

Canadian gas prices fell by 3.3 cents per litre to $1.429 for the seven days ended Dec. 7. The falling price of oil continues to weigh on fuel for consumers, according to Andy Lipow, president of Lipow Oil Associates. At the same time, this week’s U.S. gasoline inventory data showed stockpiles swelled by five million barrels last week.


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