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Markets Rebound as Trump Softens Stance on Power Plant Shutdown Threat

  Stock futures surged early Monday after President Donald Trump backed away from a threat to shut down certain U.S. power plants, easing investor concerns about potential disruptions to the energy grid and broader economic fallout. Major index futures—including the Dow, S&P 500, and Nasdaq—turned sharply higher as traders interpreted the shift as a sign of policy stability after a volatile week. The reversal helped restore confidence across sectors that had been rattled by the possibility of sudden regulatory intervention. Oil prices, meanwhile, tumbled as energy markets recalibrated. Crude had spiked on fears of supply constraints tied to the power plant dispute, but with the threat withdrawn, prices slid back toward recent lows. Analysts noted that the drop reflects both reduced geopolitical tension and ongoing concerns about global demand. Investors will now be watching for additional signals from the administration and regulators to determine whether Monday’s rally mar...
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Canada and Greece Strengthen Ties: Prime Minister Trudeau Hosts Greek Counterpart

 

Today, Prime Minister Justin Trudeau welcomed the Prime Minister of the Hellenic Republic, Kyriakos Mitsotakis, to Montréal. The occasion? Greek Independence Day, a celebration of freedom, resilience, and shared values.

Canada and Greece share a deep-rooted history. Our common commitment to democracy, human rights, and the rule of law has forged an enduring friendship. As NATO Allies and transatlantic partners, we stand shoulder to shoulder, advancing international peace, security, and development.

Climate change knows no borders. Together, we pledge to tackle its impact through the NATO Climate Change and Security Center of Excellence in Montréal. We’ll work to make countries more resilient, addressing crises like climate change, biodiversity loss, and pollution.

Canada applauds Greece’s recent legalization of same-sex marriages. We reaffirm our commitment to supporting LGBTQ rights at home and around the world. Additionally, we collaborate on Women, Peace, and Security initiatives.

The Canada-EU Comprehensive Economic and Trade Agreement (CETA) has opened doors for Greek and Canadian businesses. Since its provisional application in 2017, trade between our nations has grown by 80%. We see immense potential for further growth in sectors like aerospace, defense, security, professional training, and tourism.

In a significant move, Greece and the Canadian Commercial Corporation signed an agreement for Greece to acquire seven state-of-the-art DHC-515 firefighting aircraft. These planes will combat devastating forest fires that increasingly ravage Southern Europe. This collaboration exemplifies our dynamic trade and economic partnership.

As we deepen our friendship, let us continue working together to promote peace, stability, and prosperity worldwide.


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