A Seoul city government inspection found children’s products sold on Temu and AliExpress failed to meet South Korea’s safety standards
Category: Economy
Posted inEconomy
U.K.’s Starmer faces major rebellion over welfare cuts
British Prime Minister Keir Starmer has doubled down on controversial plans to cut disability and sickness welfare, amid rebellion by lawmakers
Posted inEconomy
Canada May inflation flat thanks to falling energy prices
Inflation rose by 1.7 per cent more for goods and services in May than a year earlier. The price of vehicles and restaurant meals also rose
Posted inEconomy
WTO to examine two trade disputes between Canada and China
The WTO said it will create a two panels to rule over trade complaints submitted by China and Canada against one another’s tariffs
Posted inEnergy & Environment
New rules may not change dirty and deadly ship recycling business
Ship-breaking yards employ thousands. But the human and environmental cost of the ship industry is also immense, experts say
Posted inAFP
Canada will ‘adjust’ counter tariffs on U.S. metals if no deal in 30 days
Prime Minister Mark Carney also announced a raft of measures to support the Canadian steel and aluminum sectors facing U.S. tariffs
Posted inPolitics & Policy
Trump makes hasty G7 summit exit over Iran crisis
Before leaving the G7 summit, Trump backed Israel and called for residents to evacuate Tehran, Iran, a city of nearly 10 million people
Posted inEconomy
Foreign influence used as ‘alibi’ in democracies: think tank
When politicians blame foreign influence, it risks diverting the debate from real issues — ‘a lot of citizens feel left behind’
Posted inEconomy
Trade war pushes Canada jobless rate to seven per cent
Canada’s jobless rate drops as sectors most vulnerable to the trade war lost jobs, but the market ‘has not shown signs of major destruction’
Posted inPolitics & Policy
Trump auto tariffs trigger record Canada trade deficit
Canada’s trade deficit with the U.S. ‘came as a surprise to even the most pessimistic forecaster,’ said Desjardins analyst