NEW YORK, Feb 2 (Reuters) – The euro dipped against the dollar on Thursday after the European Central Bank (ECB) hiked interest rates by a widely expected 50 basis points and offered no new hawkish surprises, while the Bank of England (BofE) adopted a more dovish tone on inflation. The ECB penciled in at least … Read more
OTTAWA, Feb 1 (Reuters) – The Canadian parliament on Wednesday unanimously voted in favor of a non-binding proposal for the resettlement of 10,000 Uyghur Muslim refugees from China’s Xinjiang region into Canada over two years. The House of Commons voted 322-0 for Liberal member of parliament Sameer Zuberi’s bill, which also called on the government … Read more
WINNIPEG, Manitoba, Feb 1 (Reuters) – The United States on Tuesday said it was seeking a second trade dispute settlement panel over Canada’s dairy import quotas, accusing Canada of not meeting obligations to open its market to American producers. The move is the latest salvo in longstanding tensions between the trade partners over Canada’s protected … Read more
NEW YORK, Feb 1 (Reuters) – The dollar extended losses on Wednesday and fell to a nine-month low against a basket of currencies after Federal Reserve Chair Jerome Powell spoke of making progress in bringing down inflation pressures, even as the US central bank warned of further monetary policy tightening. Powell, speaking in a news … Read more
Jan 31 (Reuters) – OpenAI, the creator of the popular chatbot ChatGPT, has released a software tool to identify text generated by artificial intelligence, the company said in a blog post on Wednesday. ChatGPT is a free program that generates text in response to a prompt, including articles, essays, jokes and even poetry, which has … Read more
VANCOUVER, Jan 31 (Reuters) – The western Canadian province of British Columbia on Tuesday began a three-year pilot program to stop prosecuting people for carrying small amounts of heroin, meth, ecstasy, or crack cocaine, as part of an effort to fight a drug overdose crisis. BC accounts for about a third of the 32,000 deaths … Read more
Fighting intensifies in eastern Ukraine – Ukrainian officials Ukraine says it needs more weapons, calls for sanctions Western allies agreed this week to provide tanks Russia says US president holds key to ending fighting KYIV, Jan 27 (Reuters) – Ukraine on Friday battled Russian troops trying to pierce its lines in the east and northeast … Read more
Half Moon Bay farmworkers lived in ‘deplorable’ conditions, allegedly paid $9 an hour As new details emerge in the aftermath of the Half Moon Bay mass shooting that left seven farmworkers dead, the massacre also highlights the harsh living and working conditions that some of those farmworkers endured. HALF MOON BAY, Calif. – As new … Read more
BENGALURU, Jan 26 (Reuters) – Global economic growth is forecast to barely clear 2% this year, according to a Reuters poll of economists who said the greater risk was a further downgrade in their view, at odds with widespread optimism in markets since the start of the year. Falling energy prices, a slowdown in inflation … Read more
OTTAWA, Jan 25 (Reuters) – The Bank of Canada on Wednesday hiked its key interest rate to 4.5%, the highest level in 15 years, and became the first major central bank fighting global inflation to say it would likely hold off on further increases for now. The 25-basis-point rise matched analysts’ expectations. The bank has … Read more