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Canada's Leblanc: Country at crucial juncture in ties with US; focus on fighting risk of 'unjust' US tariffs
The global political landscape is shifting, with major countries facing critical choices that will shape the future of international relations. The United States, under the Biden administration, is adopting a more assertive stance towards China and Russia, raising concerns about the potential for a new Cold War [1]. This approach has led to increased tension between the US and its allies, including Canada, and China.UN envoy on Syria welcomes U.S. sanctions exemption, but says 'much more significant work' to address sanctions will 'inevitably be necessary'
The United Nations (UN) Special Envoy for Syria, Geir Pedersen, addressed the Security Council on Tuesday, emphasizing the importance of a smooth political transition in Syria to address the immense economic needs of the country [1]. Pedersen, who recently returned from a visit to Damascus, highlighted the international community's readiness to engage with the new leaders and the necessity of a comprehensive approach to address the complex situation in Syria.Finnish PM: Threat assessment on eastern border unchanged
The Finnish Prime Minister, Petteri Orpo, has for the first time described the recent Russian activities on the eastern border as a "hybrid attack" against Finland and the European Union (EU) [1]. This characterization comes after the EU Council used the term "hybrid attack" in its conclusions following a summit on Friday [1].Finnish PM: Russian border crossings will remain closed
The Finnish government has made the decision to permanently close two temporary border crossing points with Russia, located in Parikkala and Lieksa, according to a statement from the Border Guard on Thursday [1]. These crossings, which have not been in use for several years, were closed due to restrictions on exports of wood to Russia.Mexico President: We are going to collaborate with Trump administration after comments on bilateral relationship
The recent election of Donald Trump as the President of the United States has sent ripples of uncertainty throughout Mexico, a nation with close economic, social, and cultural ties to its northern neighbor. Trump's campaign promises, which included proposals on tariffs, immigration, and combating drug trafficking, have raised concerns among Mexican officials and economists alike (1).EIA Crude Oil Inventories Actual -0.959M (Forecast -2M, Previous -1.178M)
The recent decline in crude oil inventories, as reported by the Energy Information Administration (EIA), came in at -0.959 million barrels, falling short of the anticipated decrease of -2 million barrels [1]. This unexpected drop in stocks, coupled with ongoing geopolitical tensions and shifting global demand dynamics, has reverberated through the oil market, influencing prices and market sentiment.EIA Crude Cushing Inventories Actual -2.502M (Forecast -, Previous -0.142M)
The U.S. Energy Information Administration (EIA) reported a larger-than-expected drawdown in crude oil inventories at the Cushing, Oklahoma, hub for the week ending October 29, 2021 [1]. This inventory decline, totaling 2.502 million barrels, contrasted with market expectations of a modest decrease and the previous week's increase of 0.142 million barrels.EIA Distillate Inventories Actual 6.071M (Forecast 0.5M, Previous 6.406M)
EIA Gasoline Inventories Actual 6.33M (Forecast 0.5M, Previous 7.717M)
Pakistan sells 11.98B rupees in investment bonds against 150B target
The Pakistani investment landscape has experienced a notable shift in the first half of Fiscal Year 2023, with the stock of Pakistan Investment Bonds (PIBs) growing by a substantial 14.8 percent to reach Rs20.3 trillion, according to WealthPK [1]. This marked increase in PIBs, in contrast to the modest 4.0 percent growth observed in H1-FY22, has piqued the interest of investors and financial experts alike.US to announce $500M in weapons to be sent to Ukraine - AP
The United States is set to announce a significant military aid package to Ukraine, valued at approximately $500 million [1]. This aid comes as the Biden administration rushes to provide support to Kyiv before leaving office on January 20th.The current device does not have access to option market data. Would you like to switch access to this device?
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