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Argentina sharply devalues its currency and cuts subsidies as part of shock economic measures

Argentina sharply devalues its currency and cuts subsidies as part of shock economic measures

BUENOS AIRES, Argentina (AP) — Argentina on Tuesday announced a sharp devaluation of its currency and cuts to energy and transportation subsidies as part of shock measures new President Javier Milei says are needed to deal with an economic “emergency
CN resignations show firms need to take Indigenous reconciliation seriously: Experts

CN resignations show firms need to take Indigenous reconciliation seriously: Experts

In the wake of the resignation of Canadian National Railway Co.'s Indigenous advisory council, experts say corporate sa¹ú¼Ê´«Ã½ needs to do some soul-searchingand decide if it is serious about reconciliation.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,233.84, down 84.52 points): Manulife Financial Corp. (TSX:MFC). Finance. Up 45 cents, or 1.61 per cent, to $28.40 on 10.
TSX down as price of oil falls on Tuesday, U.S. markets up ahead of rate announcement

TSX down as price of oil falls on Tuesday, U.S. markets up ahead of rate announcement

TORONTO — sa¹ú¼Ê´«Ã½'s main stock index moved lower on Tuesday, weighed down by losses in energy, utilities and battery metals, while U.S. markets rose after the latest inflation report ahead of Wednesday's interest rate announcement.
Bank regulator maintains uninsured mortgage stress test rate

Bank regulator maintains uninsured mortgage stress test rate

TORONTO — sa¹ú¼Ê´«Ã½'s banking regulator says it has left the stress test rate for uninsured mortgages unchanged.
Poland's new prime minister vows to press the West to continue helping neighboring Ukraine

Poland's new prime minister vows to press the West to continue helping neighboring Ukraine

WARSAW, Poland (AP) — Poland's newly elected prime minister , Donald Tusk, vowed Tuesday that his government will demand that the West keep helping neighboring Ukraine, and pledged that Warsaw would be a stable ally of NATO and a leader in Europe.
Stock market today: Wall Street reaches highest level since early 2022 ahead of Fed meeting

Stock market today: Wall Street reaches highest level since early 2022 ahead of Fed meeting

NEW YORK (AP) — Wall Street rose to its highest level since early 2022, just a bit below its record high, after a report showed inflation in the United States is behaving pretty much as expected. The S&P 500 climbed 0.5% Tuesday. The Dow rose 0.
Tourism recovery not expected until next year, Destination sa¹ú¼Ê´«Ã½ report finds

Tourism recovery not expected until next year, Destination sa¹ú¼Ê´«Ã½ report finds

A full recovery in the tourism industry is unlikely until next year, Destination sa¹ú¼Ê´«Ã½ predicts, even as the rebound comes quicker than expected ahead of a bigger bounce-back forecast for 2025.
Rishi Sunak gets a respite after UK lawmakers vote in favor of the Rwanda migration bill

Rishi Sunak gets a respite after UK lawmakers vote in favor of the Rwanda migration bill

LONDON (AP) — British lawmakers have voted Tuesday to support the government’s plan to send some asylum-seekers on a one-way trip to Rwanda, keeping alive a policy that has angered human rights groups and cost the U.K.
It's the economy, stupid: How high inflation and interest rates tanked the Liberals

It's the economy, stupid: How high inflation and interest rates tanked the Liberals

OTTAWA — Justin Trudeau's government has had to weather many storms over the last eight years. The SNC-Lavalin controversy. An old yearbook photo with the prime minister in blackface. Multiple ethics violations. The COVID-19 pandemic.