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Stock market today: World shares mixed before Fed decision

Published Tue, 25 Feb 2025 07:36:00 GMT

European shares opened higher Wednesday following losses in Asia ahead of a decision on interest rates by the Federal Reserve. U.S. futures rose while oil prices were little changed. Markets in Japan and China were closed Wednesday for holidays. As worries over struggling banks and a slowing economy pile up, a political stalemate has left the U.S. edging ever closer to what would be a catastrophic default on government debt. President Joe Biden invited the top four congressional leaders to face-to-face talks at the White House next week to try to resolve the impasse over the debt. The Federal Reserve was expected to wrap up a two-day policy meeting later in the day by raising its key rate by a quarter percentage point to 5%-5.25% to try to finally tamp down inflation. In European trading, Germany’s DAX climbed 0.6% to 7,425.17 and the CAC 40 in Paris advanced 0.5% to 7,425.17. Britain’s FTSE 100 gained 0.5% to 7,813.37. The futures for the S&P 500 and the Dow Jones I...

Parliamentary Internship Programme in flux, as academics seek House involvement

Published Tue, 25 Feb 2025 07:36:00 GMT

OTTAWA — A program that for five decades has had young Canadians shadow MPs from across the political spectrum is facing an uncertain future because the model that has kept it running grates against modern labour codes and tax laws.“The main goal for me is just to avoid any disruption to the intern experience,” said Paul Thomas, head of the Parliamentary Internship Programme.The internship brings 10 young professionals and recent university graduates onto Parliament Hill to shadow two MPs — one from the sitting government and the other in opposition — for 10 monthsThe interns help MPs with analysis and writing while also researching their own academic paper.The program started in 1970 after a motion from a backbench MP called for the government to create a non-partisan program for young Canadians to learn about the parliamentary process and the role of MPs.The House of Commons helps run the program with the Speaker as its patron. The Canadian Political Scienc...

Terrified of the Taliban, families of Canada’s Afghan advisers plead for help

Published Tue, 25 Feb 2025 07:36:00 GMT

OTTAWA — The threats started with phone calls in 2011 to her home in Kandahar.The mother of six had no idea her Canadian brother was working so close by, just 10 or 15 kilometres away, until the Taliban told her.“Your brother is working for foreigners and your life is at risk because your brother works with foreigners,” she recalls the insurgents telling her in that first frightening phone call.Her 25-year-old brother, who was given the code name “Sam” by the Canadian military, was in Afghanistan in secret to help Canadian troops navigate the unfamiliar cultural landscape and give advice to the commanders on the ground.The Canadian Press has agreed not to use Sam’s real name or reveal his sister’s identity because of the threat she still faces from the Taliban.The phone calls continued every four or five days for years. Sometimes the woman’s husband, a police officer, would pick up the phone.Then one day in 2013, her husband was shot dead ou...

As Canada stays mum, which Commonwealth countries will put the King on their money?

Published Tue, 25 Feb 2025 07:36:00 GMT

OTTAWA — Countries around the world whose currencies pay tribute to the late Queen Elizabeth II now have a new monarch — and a decision to make about whether the King has a place on their money.Since the queen’s death in September, Canada has stayed mum on whether or not it intends to put the King’s likeness on its coins and bills. But other members of the Commonwealth have moved more quickly towards enshrining his visage on their cash — or instead moving away from any kind of royal tribute. Unsurprisingly, the United Kingdom was the first country to move forward with new banknotes that will feature King Charles, unveiling the designs in December. The Bank of England says the new banknotes will come into circulation in mid-2024. The Reserve Bank of New Zealand also said after the queen’s death that it would be preparing to change out the image it uses on coins for one approved by the new King. It said the transition would take several years. Australia went in the o...

Quebec premier heads to Charlevoix region to visit town hit hard by flooding

Published Tue, 25 Feb 2025 07:36:00 GMT

BAIE-SAINT-PAUL, Que. — Quebec Premier François Legault will visit a town in the province’s Charlevoix region hit hard in recent days by spring flooding.Legault is to visit Baie St-Paul today, about 95 kilometres northeast of Quebec City, where he will survey the damage and meet with local residents. Severe flooding this week washed away roads and cut off access to homes across the province.Two firefighters from St-Urbain, Que., also in the Charlevoix region, are unaccounted for after they were swept away in the water while trying to rescue two local residents.Other communities affected by flooding are in the Lanaudière and Laurentians regions, and in western Quebec.The Public Security Department has said a half-dozen communities across the province have declared states of emergency.This report by The Canadian Press was first published May 2, 2023.The Canadian Press

Daily horoscope for May 3, 2023

Published Tue, 25 Feb 2025 07:36:00 GMT

Moon Alert: There are no restrictions to shopping or important decisions today. The Moon is in Libra.Happy Birthday for Wednesday, May 3, 2023:You are a compassionate, caring person with strong ethics and moral values. You are strong-willed, efficient and organized. This year is about service to others, especially family. Take care of yourself so you can be of use to others. Is it time for a makeover?ARIES(March 21-April 19)★★★It’s important to know that you have to go more than halfway when dealing with others today. Don’t be impatient. Do not insist on getting your own way. Be generous and cooperative, and go along to get along (for your sake). This is the best way to have a good day. Tonight: Be cooperative.TAURUS(April 20-May 20) ★★★It’s easy to fall into disputes and arguments with work colleagues today. Or perhaps these arguments are with people who are dealing with your health or something to do with a pet. Whatever the case, why even go there? Don’t g...

Italy approves May Day labour package amid union criticism

Published Tue, 25 Feb 2025 07:36:00 GMT

Italy's conservative government approved on Monday measures to increase job creation and worker pay. This was despite the hostile reaction of unions and opposition groups over welfare cuts that accompanied them and looser rules for short-term contracts.Giorgia Mello has made it easier for companies to offer contracts of 12 to 24 months. She also reduced the "citizen's wage" scheme to combat poverty, in order to encourage people with a good education to find work.Rome has also allocated around €3 billion, but only to those who earn less than €35,000 per year.Meloni, in a video message, said that tax cuts could amount to as much as 100 euros a month.Meloni, a former Italian Prime Minister who was elected partly on the promise to make Italy more friendly to business, said: "I am proud that the government chose to celebrate May 1, International Workers' Day (International Workers' Day), with facts rather than words."Rome has waived taxes on fringe benefits to employees with children up ...

Presale Codes for Karol G Manana Sera Bonito Stadium Tour

Published Tue, 25 Feb 2025 07:36:00 GMT

Ahora me llama? Is he now calling you? Well he may be trying to tell you that Karol G is going on a tour. Dubbed the “Mañana Será Bonito” Stadium Tour, Karol G will be hitting six massive venues across the country. The tour launches on August 11 in Las Vegas, NV and wraps at September 7 in East Rutherford, NJ, with a stop here on in Pasadena on August 18 at the Rose Bowl — see below for all dates. Passwords and presale codes for the Karol G Manana Sera Bonito Stadium Tour tickets are as follows:Presale codes for Karol G Manana Sera Bonito Stadium TourPresale tickets for the Karol G Manana Sera Bonito Stadium Tour go on sale today, May 3 for artist verified fans and we’ve been told the following presale codes and passwords may work within the next few days. Details are subject to change, and vary by event date:Live Nation website presale code or password: VINYLLive Nation mobile app presale code or password: COVERTSales for the general public should go on sale this Friday...

Miss Manners: Our porch used to be a cozy place before the neighbor’s glare

Published Tue, 25 Feb 2025 07:36:00 GMT

DEAR MISS MANNERS: Can you suggest a tactical and polite way to approach a neighbor we do not know, asking if he would kindly consider reducing the wattage of the lightbulb in his front lawn lamppost?The light literally outshines the entire street. More specifically, it casts a glare into the confines of our porch, where we enjoy sitting for a couple of hours at night with a few candles lit for atmosphere.This is developing into a major problem between my husband and me, and we would like to resolve it without installing a shade on the porch window or planting tall shrubs at our expense.Would an upfront approach with the neighbor seem safe, considering how touchy people are these days about their rights? How would you handle this?GENTLE READER: That you characterize this as a problem between you and your husband — rather than as your joint problem with the neighbor — suggests to Miss Manners that the spouse less concerned about the problem should be the one to approach t...

Dear Abby: My wife is furious that I kept a secret about our grandchild. Was I wrong?

Published Tue, 25 Feb 2025 07:36:00 GMT

DEAR ABBY: My son recently confided that his fiancee is pregnant with our first grandchild. He asked me not to share this information with my wife, his mother. He knew she would be upset because he was in the process of breaking up with his fiancee.I told him I would keep his confidence for a short while, but that he should please tell Mom soon.Two weeks went by before my son finally told his mom about the pregnancy. She was shocked.On the way home, she asked if I had known about it. Well, my life flashed before my eyes. I couldn’t lie, so I admitted I knew. She became furious with me and said I should have prepared her for this news and had thrown her under the bus. A big argument followed.Was I wrong to keep my son’s confidence?IN RETROSPECT IN GEORGIARelated ArticlesAdvice | Dear Abby: Can I tell my son-in-law’s mother how he needs to change? Advice | Dear Abby: She defied me and hung out with this sleaze, and now she says I’m in...