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Auckland Lights Up the Sky: Welcoming 2025 with Spectacular Fireworks and Light Show

  As the clock struck midnight on December 31, 2024, Auckland became the first major city to welcome 2025 with a breathtaking display of fireworks and a vibrant light show. Thousands of revelers gathered in the downtown area and atop the city's iconic volcanic peaks to witness the dazzling spectacle. The fireworks, launched from the towering Sky Tower, painted the night sky with vibrant colors, while the light show paid tribute to Auckland's Indigenous tribes. This celebration follows a year marked by significant protests over Māori rights in New Zealand. Auckland's early celebration, 18 hours ahead of New York's Times Square ball drop, set the stage for a global wave of New Year's festivities. In Australia, over a million people are expected at Sydney Harbor for their traditional fireworks, while other cities around the world are gearing up to ring in the new year with their unique cultural celebrations. As the world continues to embrace 2025, Auckland's specta...
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Canada’s Annual Inflation Rate Rises to 2.9% in May

 

OTTAWA – Canada’s annual inflation rate unexpectedly accelerated to 2.9% in May, largely driven by higher prices for services, according to a report by Statistics Canada. This surge comes after the Consumer Price Index (CPI) had slowed to 2.7% in April.

Economists are closely monitoring inflation data, as it will play a key role in the Bank of Canada’s next interest rate decision scheduled for July. Governor Tiff Macklem has signaled that the central bank plans to take rate decisions one at a time.

The recent uptick in inflation may have implications for monetary policy, and analysts will be watching closely to see how the central bank responds. Stay tuned for further updates!


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