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Russia's central bank raises interest rate to 21% to fight inflation boosted by military spending

Russia's central bank raises interest rate to 21% to fight inflation boosted by military spending

MOSCOW (AP) — Russia’s central bank on Friday raised its key interest rate by two percentage points to a record-high 21% in an effort to combat growing inflation as government spending on the military strains the economy’s capacity to produce goods a
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Majority of Canadians would vote for Kamala Harris in U.S. election: poll

Majority of Canadians would vote for Kamala Harris in U.S. election: poll

WASHINGTON — If Canadians could vote in the U.S. election, a majority would choose to send Kamala Harris to the White House.
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Natural gas producers await LNG Canada's start, but will it be the fix for prices?

Natural gas producers await LNG Canada's start, but will it be the fix for prices?

CALGARY — Natural gas producers in Western Canada have white-knuckled it through months of depressed prices, with the expectation that their fortunes will improve when LNG Canada comes online in the middle of next year.
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Yukon's 2023-2024 finances swing into deficit from original surplus forecast

Yukon's 2023-2024 finances swing into deficit from original surplus forecast

Yukon's government says the territory recorded a non-consolidated deficit of more than $42 million, an almost $91-million swing from the original forecast of a surplus of $48-million.
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Owner, operator of ship that caused Baltimore bridge collapse to pay $100M in settlement with US

Owner, operator of ship that caused Baltimore bridge collapse to pay $100M in settlement with US

WASHINGTON (AP) — The owner and manager of the cargo ship that caused the Baltimore bridge collapse have agreed to pay more than $100 million to settle a lawsuit brought by the Justice Department, officials said Thursday.
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McDonald's says onions from California-based produce company linked to deadly E. coli outbreak

McDonald's says onions from California-based produce company linked to deadly E. coli outbreak

A California-based produce company was the source of fresh onions linked to a deadly E. coli food poisoning outbreak at McDonald’s, officials with the restaurant chain said Thursday.
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Owner, operator of ship that caused Baltimore bridge collapse to pay $100M in settlement with US

Owner, operator of ship that caused Baltimore bridge collapse to pay $100M in settlement with US

WASHINGTON (AP) — The owner and manager of the cargo ship that caused the Baltimore bridge collapse have agreed to pay more than $100 million to settle a lawsuit brought by the Justice Department, officials said Thursday.
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S&P/TSX composite closes lower as mining sector weighs, U.S. stock markets mixed

S&P/TSX composite closes lower as mining sector weighs, U.S. stock markets mixed

TORONTO — Canada's main stock index closed lower Thursday as mining and telecom stocks weighed, while U.S. stocks were mixed. The S&P/TSX composite index closed down 22.07 points at 24,551.
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Trudeau announces massive drop in immigration targets as Liberals make major pivot

Trudeau announces massive drop in immigration targets as Liberals make major pivot

OTTAWA — The federal government slashed immigration targets to levels that will flatten population growth as Prime Minister Justin Trudeau admitted Thursday the government did not get the balance right after the COVID-19 pandemic.
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Stock market today: Wall Street drifts to a mixed finish as Tesla surges

Stock market today: Wall Street drifts to a mixed finish as Tesla surges

NEW YORK (AP) — Wall Street drifted to a mixed finish after Tesla surged and IBM slumped following their latest profit reports. The S&P 500 rose 0.2% Thursday to break its first three-day losing streak since early September.
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