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Canada Economy Stalls in July as Trade Pressures Weigh on Growth
Canada’s economy recorded no growth in July, according to Statistics Canada data released Tuesday, marking a slowdown after three consecutive months of expansion. The data showed that both goods-producing and services-producing industries were broadly unchanged. Manufacturing and retail weaken Manufacturing output declined 0.9% in July, its first monthly decline in four months. Petroleum refinery activity…
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Russia Accuses Europe of Blocking Ukraine Peace Talks
Moscow says European governments are undermining negotiations, while European officials continue to call for an end to the war and stronger pressure on Russia. Russian Foreign Minister Sergey Lavrov has accused European countries of obstructing efforts to reach a negotiated settlement to the war in Ukraine, creating a fresh diplomatic confrontation at the United Nations.…
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Powerful Nor’easter Brings Flooding and Outages to U.S. Northeast
Strong winds, coastal flooding and power outages are disrupting communities across the Northeast as the storm continues through the weekend. A powerful nor’easter is battering parts of the northeastern United States, bringing heavy rain, strong winds, coastal flooding and widespread power outages. Around 100,000 customers were without electricity at one point Saturday, while flooding affected…
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Trump Rejects Iran Proposal to Reopen Strait of Hormuz
Tehran says diplomacy remains the path forward after Washington rejected its latest proposal, leaving the strategically vital waterway at the center of the crisis. Tehran says diplomacy remains the path forward after Washington rejected its latest proposal, leaving the strategically vital waterway at the center of the crisis. President Donald Trump has rejected an Iranian…
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China Pushes Back Against U.S. on Iran and Cuba at UN
Beijing challenged Washington’s policies toward Iran and Cuba at the United Nations, just one day after Trump and Xi held high-level talks in Washington. China Pushes Back Against U.S. on Iran and Cuba at UN Beijing challenged Washington’s policies toward Iran and Cuba at the United Nations, just one day after Trump and Xi held…
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U.S. and China Agree on $30 Billion Tariff Reduction and AI Dialogue
Beijing says the Trump-Xi summit produced an eight-point consensus that includes tariff reductions and a new channel for artificial-intelligence discussions. The United States and China have agreed on a reported $30 billion reciprocal tariff-reduction arrangement and will establish a new dialogue on artificial intelligence, according to China’s Foreign Ministry. The announcement follows Chinese President Xi…
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Iran Proposes Seven-Day Plan to Reopen Strait of Hormuz and Halt Fighting
Tehran says its proposal could reopen the strategic waterway and end regional hostilities, while Washington’s response remains uncertain. Iran has proposed a seven-day plan aimed at reopening the Strait of Hormuz and halting fighting across the Middle East, according to Iranian officials and Reuters reporting. The proposal was reportedly transmitted to Washington through Qatari mediators.…
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Trump Warns Xi Over Chinese Support for Iran After Washington Talks
Washington says Trump warned Beijing against direct or indirect support for Iran, while Iranian officials say China will maintain its ties with Tehran. U.S. President Donald Trump warned Chinese President Xi Jinping during their Washington discussions that Chinese support for Iran would be unacceptable, according to the U.S. ambassador to China. David Perdue said Friday…
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Trump and Xi’s White House Dinner Highlights Closer Engagement as Major Disputes Remain
Donald Trump hosted Chinese President Xi Jinping for a state dinner in Washington after their summit, with trade, AI and Taiwan remaining central to the U.S.-China relationship. Trump and Xi’s White House Dinner Highlights Closer Engagement as Major Disputes Remain U.S. President Donald Trump hosted Chinese President Xi Jinping for a formal state dinner at…
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Trump to Continue Xi Visit With National Archives Tour After Summit
U.S. President Donald Trump is set to continue Chinese President Xi Jinping’s Washington visit with a tour of the National Archives after talks covering trade, artificial intelligence, Taiwan and broader U.S.-China relations. Trump Xi Summit Continues With National Archives Visit The Trump Xi summit in Washington is moving into another stage as U.S. President Donald…