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After Statistics Canada’s newest consumer price index revealed a 2.9 per cent increase within the annual inflation rate in March, largely boosted by larger prices for gasoline, one chief economist says the trail in the direction of a June rate of interest cut seems clear. The federal government and a shopper rights advocate squared off in court Wednesday over whether regulators misled passengers by encouraging travel credit quite than refunds at the onset of the pandemic. The electricity distribution Today within the Shepparton Magistrates Court electrical energy distribution company Powercor admitted to failing to cut again vegetation around its powerlines, triggering a risk management failure that resulted in a bushfire in western Victoria. April 12, 2024 • The company on Friday mentioned it has started blocking California-based news shops to protest a pending invoice that supporters say would lengthen a lifeline to the ailing news trade. April 17, 2024 • Money makes the world go around, quicker and sooner all the time.

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The company had previously announced its investment within the Tamil Nadu plant with out specifying which fashions could be produced there. Dubai acquired a 12 months’s value of rain in simply one day on Tuesday, which triggered flash floods throughout town. The runway of the Dubai International Airport was also submerged, and roads had been converted into rivers.

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Benchmark U.S. crude oil for May delivery fell $2.67 to $82.sixty nine per barrel Wednesday. Sinking expertise stocks despatched Wall Street lower once more, and the S&P 500 fell to its fourth straight loss. CSX railroad’s first-quarter revenue slipped 10% despite the fact that the railroad delivered 3% extra items as shipments it dealt with shifted to a less-profitable combine.