TORONTO – Inflation falls, prices rise: the paradox continues. The latest Consumer Price Index (CPI) for May 2023 shows that the increase is 3.4% year-on-year, one point less than the 4.4% increase in April: according to Statistics Canada, the reduction – is the result of falling gas prices. (more…)
TORONTO – The Canadian housing market continues to show signs of cooling. Last month the volume of home sales fell by more than a third compared to last year’s boom periods, and prices have also fallen by almost 10% since then.
TORONTO – In March, Toronto saw a slight decline in the average selling price of homes. This is an element in contrast to the trend, since according to data from the Toronto Regional Real Estate Board (TRREB), in general the market warms up as spring approaches.
TORONTO – Bad news for Canadians. Gasoline prices are skyrocketing and reach levels never seen before in the country. These are increases that heavily affect citizens, already weakened by the pandemic crisis, which has inevitably become an economic crisis.
KABUL – Women beaten, young men whipped just because they wore jeans. And burqas that sell like hot cakes. With the return of the Taliban, Kabul jumped back twenty years, despite the “good intentions” demonstrating by the militants of the Islamic Emirate upon their arrival in the country’s capital. (more…)