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Farmers’ Fury Erupts in Greece Over EU Subsidy Delays

                                         Protesting farmers push against riot police in Nikaia, near Larissa, Greece    Greek farmers clashed with police on Sunday in central and northern regions of the country as anger mounted over the delayed payment of European Union agricultural subsidies. The protests, centered around Nikaia near Larissa, saw hundreds of farmers blocking highways with tractors and demanding immediate government action. The unrest stems from an estimated €600 million shortfall in EU aid following a corruption scandal that has triggered investigations by the European Public Prosecutor’s Office. Authorities allege that some farmers falsified land and livestock ownership records to secure subsidies, leading to a freeze in payments while the probe continues. Police responded with tear gas and barricades as demonstrators attempted to...
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Canada's Inflation Rate Cools to 1.9% in November


Canada's annual inflation rate slowed to 1.9% in November, down from 2% in October. This slight decrease was driven by a broad-based slowdown in prices, particularly in travel tours and mortgage interest costs. The consumer price index remained unchanged on a monthly basis.

Economists had anticipated the inflation rate to hold steady at 2%, but the data showed a more significant deceleration. The Bank of Canada, which has been working to control inflation, will consider this data in its upcoming rate decision on January 29.

The cooling inflation rate is a positive sign for the Canadian economy, which has been facing challenges this year. The central bank has already cut interest rates by 175 basis points since June to stimulate growth.



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