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Canada’s Inflation Climbs to 2.4% as Gas Prices Surge to Record High

  Canada’s inflation rate accelerated to 2.4% in March , up from 1.8% in February, as the Iran war triggered the largest monthly gasoline price increase on record . Statistics Canada reported that gas prices surged 21.2% month‑over‑month , a supply‑shock response to Iran’s closure of the Strait of Hormuz and broader Middle East instability.  Energy costs were the dominant driver of March inflation, with overall energy prices rising 3.9% year‑over‑year after a sharp decline the month before. Excluding gasoline, inflation would have eased to 2.2% , highlighting how concentrated the price shock was.  Food inflation offered mixed relief: grocery prices rose 4.4% , while fresh vegetables jumped 7.8% due to difficult growing conditions. Restaurant inflation cooled sharply as last year’s tax‑holiday distortions fell out of the annual comparison.  Economists note that while headline inflation spiked, core measures remained relatively tame , giving the Bank of Canada ro...
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Public Outcry in Israel: Calls for Elections and Hostage Release Deals

 


In a powerful display of public sentiment, thousands of individuals took to the streets of Tel Aviv on Saturday, voicing their dissatisfaction with Prime Minister Benjamin Netanyahu’s administration. The protesters’ demands were twofold: the immediate initiation of new elections and the urgent negotiation of a hostage release deal for those being held in Gaza.

The atmosphere of frustration is palpable among many Israelis, who are critical of the government’s handling of the conflict with Hamas. The protests underscore a growing impatience with the current leadership and a desire for change, as evidenced by the repeated calls for new elections.

The situation is particularly tense due to the ongoing negotiations concerning the release of dozens of hostages. The public’s demand for a swift and effective resolution to this crisis reflects the high stakes involved and the importance of the issue to the Israeli populace.

As the situation unfolds, the world watches to see how the Israeli government will respond to these pressing demands from its citizens.

 

 

 

 

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