Canada’s economy stalled again in October but likely up 0.1% in November

Canada’s economy was essentially unchanged for the third consecutive month in October, missing growth forecasts, but gross domestic product likely edged up in November, Statistics Canada data showed on Friday. Analysts polled by Reuters had forecast a 0.2 per cent month-over-month rise. September’s GDP was downwardly revised to zero growth from an initial report of … Read more

U.S., Canada to join multi-national operation to counter attacks on commercial ships in Red Sea

The United States, Canada and a host of other nations are creating a new force to protect ships transiting the Red Sea that have come under attack by drones and ballistic missiles fired from Houthi-controlled areas of Yemen, U.S. Defence Secretary Lloyd Austin announced early Tuesday in Bahrain. The seriousness of the attacks, several of … Read more

BP pauses Red Sea shipments as another commercial vessel is attacked near Yemen

A Norwegian-owned vessel was attacked in the Red Sea on Monday in a strike that U.S. officials said originated from Yemeni territory controlled by the Iran-aligned Houthi movement. The attack on the M/V Swan Atlantic was the latest in a series on ships sailing the sea since the start of the Gaza war. There was … Read more