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City approves Chow’s tariff response plan
Mayor Olivia Chow's action plan to take on Trump's potential tariff escalation was unanimously approved by Toronto city council on Wednesday. As CBC’s Naama Weingarten explains, the plan restricts U.S. companies from bidding on most city...
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Is the U.S. really heading for a recession? | About That
The U.S. stock market lost $4 trillion in market value in only weeks, dropping from record highs in the days following Donald Trump's election. About That producer Lauren Bird explains how the uncertainty triggered by Trump's trade war...
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Washington braces for government shutdown as DOGE cuts continue
Washington's funding is scheduled to expire Saturday at midnight, and no one knows what will happen next. However, top U.S. Senate democrat chuck schumer said they are set to clear way for a stopgap bill and avert a shutdown. Blocking...
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Why India's middle-class spending is taking a hit
India’s economic growth has long relied on domestic consumption, with private final consumption expenditure making up over 60% of GDP. However, recent data suggests a slowdown in spending, particularly among middle-class consumers, who...
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US could 'cease' all future exercises in Europe: Reports
Reports suggest that the U.S. has told its allies that it will not participate in any future military exercises in Europe. This is the latest move in Trump's effort to drift away from NATO and will see America out of drills beyond those...
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Hudson Valley residents concerned over impacts from federal cuts to health care programs
Concerned physicians say that move will increase the number of people without insurance, a reduction in access to health care, increased consumer costs for health care, and reduced payments to hospitals, nursing homes and other providers.
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Tracking Hidden Costs Of Your Next Trip Amid Rising Prices
Rising costs and inflation are making your vacations expensive. Watch to know more!
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Reportedly US won't participate in exercises beyond those already scheduled
Reports suggest the US may not participate in future NATO drills beyond those already scheduled, signaling a potential shift in its commitment to the alliance. Donald Trump has repeatedly criticized NATO members for not contributing...
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How can the EU unlock up to €800bn for its ‘rearmament plan’?
The EU Commission has unveiled plans to borrow €150 billion to fund a major rearmament push. This joint borrowing proposal comes in the form of loans rather than grants—an idea largely rejected by so-called 'frugal' countries such as...
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All signs point to a heated race for N.L.'s next premier
Judy Morrow, chair of the committee overseeing the Liberal leadership race, says she's expecting people to come forward in the coming days. John Abbott has already tossed his hat in the ring, and more could follow suit. The CBC's Terry...
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Investors weigh European defence rally
European stock benchmarks hit fresh record highs after a pledge by regional leaders to boost military spending, with defence stocks adding $35 billion in market capitalization.
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European defence stocks rally as EU plans $843 Bn boost
While Trump’s tariffs continue to rattle global markets, the political heat in Europe has ignited a market rally — that in defence stocks. While stability is far-fetched considering the current geopolitical environment, European defence...
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Holt government announces $162M tariff response
Premier Susan Holt has announced a four-pillar response to U.S. tariffs, which includes support for workers and businesses.
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China's Two Sessions: Leaders focus on economy, jobs and welfare amid rising challenges
China's Communist party gears up for an important gathering - that will set out the government's agenda for the year ahead.
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Can Quebec afford a tariff battle?
Nearly eight per cent of Quebec’s output is directly linked to U.S. exports. Despite the province's projected $11-billion deficit, experts say Premier François Legault's government has funds set aside for emergencies like this. But they...
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What does 4 more years of Ford mean for Ontario?
Ontario has chosen Doug Ford to be its premier for another four years. CBC's Julia Knope breaks down his campaign promises — and what's at stake for the province.
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Why so many American fast food chains are moving into Calgary
After Calgary welcomed Chick-fil-A and Firehouse Subs in 2024, more U.S.-based franchise restaurants are expected to open their first locations in the city this year.
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Report: India’s middle class shrinks as wealth gap widens
India, with a population of 1.4 billion, appears to be a vast consumer market. However, a deeper look reveals that nearly 1 billion people lack the disposable income required for discretionary spending. According to the Indus Valley...
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Top earners drive US growth as wealth gap grows
The US economy appears strong on the surface, with low unemployment and stable inflation expectations. But beneath the surface, a growing wealth divide is reshaping consumer spending. Let’s break down the numbers and what they mean for...
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Boost to Trump's 2025 plans and priorities
In a significant advancement of President Donald Trump's 2025 agenda, the Republican-controlled U.S. House of Representatives has narrowly approved a budget blueprint featuring $4.5 trillion in tax cuts and $2 trillion in spending...
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UK defence spending to hit 2.5% of GDP by 2027
Ahead of the Washington visit, British Prime Minister Keir Starmer has pledged to increase the UK’s defence spending to 2.5% of GDP by 2027, with a long-term goal of reaching 3% in the next parliament. The UK currently spends 2.3% of GDP...
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Zelensky Warns Trump Before Seeking Urgent Meeting With Him | 'Ukraine Won't Repay Debts'
Ukrainian President Volodymyr Zelensky has warned his U.S. counterpart that the war-torn nation won't repay any military assistance. He also suggested that Donald Trump's estimate that Ukraine owed $350 billion to the U.S. is grossly...
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Europe to step up defence spending from reduced US support
The European Union is discussing how to finance a sharp increase in its defence readiness to deter any possible future attack from Russia and become less dependent on security on the United States. Watch this report for more details!
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Wake-up call for Europe to up its game on defense security?
Reduced U.S. military support means that Europe must step up defense spending. But the question is, who will pay for it? We deep dive into the new geopolitical reality in the next report. Take a look.