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U.S. Threatens Harsher Economic Pressure on Iran as Mediators Rush to Secure Second Ceasefire Talks

  A woman walks past a digital screen displaying news of US-Iran peace talks along a road in Islamabad on April 10, 2026 The United States has warned it will step up economic pressure on Iran while mediators race to arrange a second round of ceasefire talks before the fragile truce expires on April 22, 2026 — a standoff that risks higher oil prices, tighter global markets, and direct costs for Canadian households and investors.   Background and diplomatic timeline A two‑week ceasefire that paused nearly seven weeks of fighting was brokered to create a narrow diplomatic window for talks between Washington and Tehran. The first round of face‑to‑face negotiations in Islamabad lasted more than 20 hours but ended without an agreement, leaving the truce set to expire on April 22, 2026 unless mediators secure a follow‑up session.  Mediators led by Pakistan, with active roles from Turkey, Egypt and other regional actors, have been shuttling between capitals to bridge the remaini...
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U.S. Economy Ends 2023 with Strong Job and Wage Growth


The U.S. economy added 312,000 jobs in December, beating analysts’ expectations and marking the biggest monthly gain since February. The unemployment rate rose slightly to 3.9%, but for a positive reason: more people entered the labor force, looking for work.

The labor market also showed signs of strength in wage growth, which increased by 3.2% over the year, the fastest pace since 2009. This suggests that employers are competing for workers and offering higher pay to attract and retain them.

The strong job and wage numbers cap off a solid year for the U.S. economy, which grew by an estimated 3% in 2023, the highest rate since 2015. However, some challenges remain, such as the ongoing trade tensions with China, the partial government shutdown, and the volatility in the stock market.

The Federal Reserve, which raised interest rates four times in 2023, is expected to continue its gradual tightening of monetary policy in 2024, but may adjust its pace depending on the economic data and the market conditions.



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U.S. Job Growth Exceeds Expectations in December, Wages Rise Solidly

According to the Bureau of Labor Statistics, the U.S. economy added 514,000 jobs in December, exceeding expectations. The unemployment rate fell to 3.9%. The report also showed that wages rose solidly, with average hourly earnings increasing by 0.5%. This is a positive sign for the U.S. economy, which has been recovering from the pandemic.

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