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Ontario Halts U.S. Electricity Surcharge Amid Trade Tensions

  Ontario Premier Doug Ford has announced the suspension of a 25% surcharge on electricity exports to three U.S. states—Michigan, New York, and Minnesota—following a diplomatic overture from the White House. The surcharge, introduced just a day earlier, was Ontario's response to U.S. President Donald Trump's decision to double tariffs on Canadian steel and aluminum to 50%. The decision to pause the surcharge came after U.S. Commerce Secretary Howard Lutnick extended an "olive branch" by inviting Ford and Canadian Finance Minister Dominic LeBlanc to Washington for discussions on trade. The meeting, scheduled for Thursday, aims to address the escalating trade tensions and explore a renewal of the Canada-United States-Mexico Agreement (CUSMA). Ford emphasized the importance of diplomacy, stating, "When someone's putting out an olive branch, we sit back, we accept it—graciously, by the way—and let's start moving." While the U.S. has yet to retract its ta...

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Ceasefire Between Israel and Hamas Set to Begin Sunday Morning

In a significant development, Qatar announced that a ceasefire between Israel and Hamas will come into effect at 8:30 a.m. (0630 GMT) on Sunday. This ceasefire aims to halt the 15-month-long conflict that has resulted in devastating consequences for both sides.

The agreement, brokered by mediators from the United States, Qatar, and Egypt, includes the release of 33 hostages held by Hamas in exchange for hundreds of Palestinian prisoners held by Israel. The first phase of the ceasefire will see the release of three female hostages on the first day, four on the seventh day, and the remaining 26 over the next five weeks.

Israeli troops will also withdraw to a buffer zone about a kilometer wide inside Gaza, allowing displaced Palestinians to return to their homes. The ceasefire is expected to bring much-needed humanitarian aid to the devastated region.

Despite the ceasefire, tensions remain high, with continued missile attacks from Yemen and warnings from Palestinian Islamic Jihad about potential disruptions to the hostage deal.

The international community is cautiously optimistic, hoping that this ceasefire will pave the way for a lasting peace in the region.



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