Tag: continues

Canada, the mad rush of food prices continues

TORONTO – Inflation continues to decline, albeit slightly (from 6.3% in December 2022 to 5.9% in January 2023), but the bull market in food shows no signs of slowing down. It was already known – just go shopping to find out – but now the numbers of the latest report by Statistics Canada confirm it: in January, the prices of food products recorded a year-on-year increase of 11.4%, compared to 11% the previous month. And since last August, the food inflation rate has been over 10%. 

Ukraine, the illusion of the diplomacy while the war continues

TORONTO – Keep the diplomatic channel open as Russia’s aggression continues. It is now quite clear the strategy desired by Vladimir Putin in this first week of conflict in Ukraine. The priority for the Kremlin is to achieve the pre-established goals on the ground as soon as possible, not completely closing the door to negotiations with Kiev. It remains to be seen whether this double channel – the war channel and the diplomatic one – is really kept in place for the real will to reach an agreement that provides for an immediate ceasefire, or – a thesis now supported by the vast majority of analysts – that this is just a façade move, a strategic diversion without any chance of success, a simple corollary to Putin’s real goal, that is, to continue his project of invasion of Ukraine.