Tag Archives: AFP

File photo: Canadian Prime Minister Mark Carney (Picture credit: AP) Canada’s annual inflation rate climbed to 2.4 per cent in September, slightly above analysts’ expectations, driven by rising grocery prices and moderated declines in gasoline costs, official data showed Tuesday.According to Statistics Canada, food prices rose 3.8 per cent year-on-year, marking the largest increase since April 2024, while gasoline prices …

File photo (Picture credit: AP) The United Nations has reimposed wide-ranging sanctions on Iran over its nuclear programme, further tightening the squeeze on the Islamic Republic as it grapples with soaring food prices, currency collapse and fears of renewed conflict with Israel and the United States.According to news agency Associated Press (AP), the sanctions—revived through a “snapback” mechanism from the …

United Nations Secretary-General Antonio Guterres told AFP on Friday that the world should not be “intimidated” by Israel or its gradual annexation of the occupied West Bank. Speaking at UN headquarters in New York, Guterres also called for stronger climate action, warning that efforts to limit global warming to 1.5°C above pre-industrial levels are at risk of “collapsing.” His remarks …

Asian stock markets showed a mixed performance on Friday, with strong Japanese growth figures offset by weaker Chinese data, while oil prices slipped ahead of a high-stakes US-Russia summit on Ukraine.As per news agency AFP, Japan’s economy expanded by 0.3% in the April-June quarter, surpassing forecasts, while the previous quarter’s output was revised upwards, helping the world’s fourth-largest economy avoid …