Admins
Canadian economy grew 0.3% in October, lifted by manufacturing, oil and gas extraction
Pumpjacks draw out oil and gas from a wellhead near Calgary. The Canadian economy grew 0.3 per cent in October, Statistics Canada said in its monthly GDP release, helped by strength in the mining, quarrying, and oil and gas extraction sector, following a 0.2 per cent increase in September. (Jeff McIntosh/The Canadian Press) The Canadian economy grew 0.3 per cent in October, Statistics Canada said in its monthly GDP release, helped by strength in the mining, quarrying, and oil and gas extraction sector, following a 0.2 per cent increase in September.Read more
Honda and Nissan announce plans to merge, creating world’s third-largest automaker
Nissan Motor CEO Makoto Uchida, left, and Honda Motor CEO Toshihiro Mibe attend a joint news conference on March 15, in Tokyo, Japan. The automakers announced their partnership on electric vehicles Monday. (Tomohiro Ohsumi/Getty Images) Japanese automakers Honda and Nissan have announced plans to work toward a merger that would form the world’s third-largest automaker by sales, as the industry undergoes dramatic changes in its transition away from fossil fuels. The two companies said they had signed a memorandum of understanding on Monday and that smaller Nissan alliance member MitsubishiRead more
Zelenskyy cites ‘risks’ of North Korea sending more troops, equipment to Russia
Ukrainian President Volodymyr Zelenskyy said Monday that North Korea could send more troops and equipment to Russia in the coming days. (Efrem Lukatsky/The Associated Press) Ukrainian President Volodymyr Zelenskyy said on Monday that more than 3,000 North Korean soldiers have been killed or wounded in Russia’s Kursk region and warned that Pyongyang could send more personnel and equipment for Moscow’s army. “There are risks of North Korea sending additional troops and military equipment to the Russian army,” Zelenskyy said on X after receiving a report from his top military commander, OleksandrRead more
Matt Gaetz paid thousands for drugs and sex, U.S. House panel finds
The U.S. House ethics committee on Monday accused Matt Gaetz of “regularly” paying for sex, including with a 17-year-old girl, and purchasing and using illicit drugs as a member of Congress. The 37-page report by the bipartisan panel includes explicit details of sex-filled parties and vacations that Gaetz, now 42, took part in from 2017 to 2020 while representing Florida’s western panhandle. Congressional investigators concluded that Gaetz violated multiple state laws related to sexual misconduct while in office, though not federal sex trafficking laws. They also found that Gaetz “knowinglyRead more
Judge rejects Trump’s attempt to throw out hush money conviction
U.S. president-elect Donald Trump speaks during a news conference in Palm Beach, Fla., on Monday — the same day that a judge rejected his bid to have his hush money conviction dismissed because of the U.S. Supreme Court’s recent ruling on presidential immunity. But the case’s overall future remains unclear. (Evan Vucci/The Associated Press) A judge on Monday refused to throw out U.S. president-elect Donald Trump’s hush money conviction dismissed because of the Supreme Court’s recent ruling on presidential immunity. But the case’s overall future remains unclear. Manhattan Judge Juan M.Read more
TikTok asks U.S. Supreme Court for emergency order to block upcoming ban
Lawyers for social media company TikTok on Monday urged the U.S. Supreme Court to step in on an emergency basis to block a federal law set to come into effect on Jan. 19, 2025, that would ban the popular platform in the U.S., unless its China-based parent company, ByteDance, agreed to sell it. (Richard Vogel/The Associated Press) TikTok on Monday asked the U.S. Supreme Court to step in on an emergency basis to block the federal law that would ban the popular platform in the United States unless its China-basedRead more
SoftBank to make $100B US investment in the U.S., Trump announces with CEO by his side
U.S. president-elect Donald Trump delivers remarks next to SoftBank CEO Masayoshi Son, at Mar-a-Lago in Palm Beach, Fla., on Dec. 16. The two announced on Monday that SoftBank would invest $100 billion US in the U.S. over the next four years in what they said would be a boost to the country’s economy. (Brian Snyder/Reuters) U.S. president-elect Donald Trump, with SoftBank Group CEO Masayoshi Son at his side, announced on Monday that the Tokyo-based company would invest $100 billion US in the U.S. over the next four years, in what theRead more
Germany’s Olaf Scholz loses confidence vote, as he requested, setting up snap election
German Chancellor Olaf Scholz casts his ballot during a vote of confidence against him in a plenary session at the German parliament Bundestag, in Berlin on Monday. (Markus Schreiber/The Associated Press) The German parliament accepted Chancellor Olaf Scholz’s invitation to withdraw its confidence in him and his government on Monday, clearing the way for the Feb. 23 early election necessitated by the collapse of his government. Scholz’s three-party coalition fell apart last month after the pro-market Free Democrats quit in a row over debt, leaving his Social Democrats and theRead more
MPs approve $21B in additional government spending during 11th hour vote
Government House leader Karina Gould rises during question period on Sept. 26, in Ottawa. (Adrian Wyld/The Canadian Press) MPs have voted to approve an additional $21.6 billion in government spending. The money, which is supplementary to this year’s federal budget, will fund various programs including First Nations child services, dental care and compensation to Quebec for services to asylum seekers. Conservative MPs did not support the additional spending in a vote tonight in the House of Commons. But there had been uncertainty over whether the vote would even happen beforeRead more
Trump taunts Trudeau by calling him ‘governor’ of ‘a great state’
President-elect Donald Trump took a jab at Prime Minister Justin Trudeau on Tuesday, calling him a “governor” and referring to Canada as a “great state” – another suggestion by the incoming president that this country should be part of the United States. Trump apparently joked about Canada becoming the 51st state during his dinner with Trudeau at Mar-a-Lago last month. In an interview with NBC News on Sunday, Trump said that if the U.S. is going to run up lopsided trade deficits with Canada, it might as well become a state.Read more