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Gas prices continue to climb with big jump coming at midnight

Published Tue, 25 Feb 2025 09:14:56 GMT

GTA drivers will want to make sure they fill up the tank before waking up on Thursday to the highest gas price in weeks.The price at the pumps is expected to jump five cents at midnight to $1.639/litre at most stations. The highest price in the region since mid-April and one cent off the highest price in 2023.Gas prices have gone up ten cents in the past seven days, including a four cent jump last week on the Friday heading into the Victoria Day long weekend.Experts have said shifting factors including wildfires in Alberta, a slowing economy and potential pressures on supply will all have an effect on gas prices as we head into summer.Demand for all types of gas is up — especially for jet fuel, indicating lots of interest in travelling outside the country, said Roger McKnight, Senior Petroleum Analyst at EnPro International. He says that means prices will likely be higher for the next couple of months, perhaps cresting US$80.This week’s rising price is a spillover of slumping ...

US announces $524M for Horn of Africa drought, climate crisis while Germany, UK also make pledges

Published Tue, 25 Feb 2025 09:14:56 GMT

UNITED NATIONS (AP) — The United States announced at a U.N. conference on Wednesday nearly $524 million in additional humanitarian aid for the Horn of Africa that aims to put a spotlight on the extreme effects of climate change and the worst drought in the region in 40 years — and the need for more than $5 billion.Near the start of the conference, Germany announced a pledge of 210 million euros ($226 million) and the United Kingdom pledged $119 million for Somalia, Ethiopia and Kenya.The U.N. has appealed for $7 billion and has received just $1.6 billion — far from enough to help the 43.3 million people in need of assistance in the three Horn of Africa countries or even just the 21 million among them who don’t have access to enough food.U.N. Secretary-General Antonio Guterres told would-be donors at the conference to make an immediate and major injection of funding to prevent the crisis caused by drought, mass displacement after years of conflict and skyrocketing food prices “...

Ukraine foreign minister urges African nations to ditch neutrality in Russia war

Published Tue, 25 Feb 2025 09:14:56 GMT

ADDIS ABABA, Ethiopia (AP) — Ukrainian Foreign Minister Dmytro Kuleba is urging African countries to abandon their stances of neutrality towards his country’s war with Russia.Many African countries have refused to take sides in the European conflict, with several abstaining from votes at the United Nations General Assembly condemning Russia’s invasion. Ethiopia is one of them. Speaking in Addis Ababa, the Ethiopian capital, on Wednesday, Kuleba said Ukraine was “very upset that some African countries chose to abstain” and called them to lend Ukraine diplomatic support “in the face of Russian aggression.”“Neutrality is not the answer,” he told reporters. “By being neutral towards Russian aggression against Ukraine, you project neutrality to the violations of borders and mass crimes that may occur very close to you.”Russia has built a substantial presence in several parts of Africa, where Russian private military contractor Wagner is active, and recently held joint military drills wit...

BMO and Scotiabank report slowing growth, credit provisions put pressure on earnings

Published Tue, 25 Feb 2025 09:14:56 GMT

TORONTO — A combination of pressures including slowing economic growth and rising costs weighed on Canadian banks as they began to report second quarter results Wednesday. Both BMO Financial Group and Bank of Nova Scotia reported higher expenses, more money set aside for bad loans, and thinner margins on interest that led both to earn less than they did a year ago and fall short of analysts’ expectations. BMO chief executive Darryl White characterized it as a “shifting environment” that is putting pressure on revenue growth.“The impact of persistent inflation, rising rates, a slowing global economy and an increasing deposit competition on the industry has accelerated. We’re not immune to these market forces,” he said on an analyst call. His comments came as the bank reported a profit of $1.06 billion, down 78 per cent from a profit of $4.76 billion a year ago, due in part to adjustments related to its deal to buy Bank of the West. Revenue for the ...

Czech government approves $2.7-billion plan to acquire 246 armoured vehicles from Sweden

Published Tue, 25 Feb 2025 09:14:56 GMT

PRAGUE (AP) — The Czech government approved a Defense Ministry plan on Wednesday to acquire 246 CV90 armoured combat vehicles as part of a massive modernisation of the military amid the Russian war against Ukraine.Defense Minister Jana Cernochova said the deal to get the infantry fighting vehicles made by Sweden’s BAE Systems Hägglunds AB is worth 59.7 billion Czech crowns ($2.7 billion).The ministry signed the deal with the Swedish side on Wednesday. Cernochova said the first CV90s should be delivered in 2026 and all of them by 2030.In a statement, Sweden’s Defense Minister Pål Jonson said he was ”convinced that combat vehicle 90 is the right choice for the Czech Republic.”According to the website of BAE Systems Hägglunds, there are currently 15 variants of the CV90 in service in seven countries: Denmark, Estonia, Finland, Norway, Sweden, Switzerland and The Netherlands.Czech authorities also announced they would negotiate with the German government over a possible deal...

A’s, Nevada legislative leadership reach tentative agreement for new ballpark

Published Tue, 25 Feb 2025 09:14:56 GMT

CARSON CITY, Nev. (AP) — Republican Nevada Gov. Joe Lombardo announced Wednesday a tentative agreement between his office, legislative leaders in the state and the Oakland Athletics for a stadium funding plan after weeks of negotiations over how much public assistance the state will contribute to a $1.5 billion ballpark in Las Vegas, according to a joint statement.The tentative agreement indicates a funding bill will be introduced in the Nevada Legislature in the coming days with less than two weeks until the legislative session’s end. It still needs approval from both the state Senate and Assembly.The threat of a special legislative session looms if lawmakers can’t agree on the bill by the end of the regular session on June 5. The financing is not a sure thing either.The bill comes on the heels of the Oakland Athletics’ purchase of land on the southern end of the Las Vegas Strip where the Tropicana Las Vegas casino resort sits — a pivot from an earlier agreement that would ha...

NASCAR shares a moment with another 2023 Chicago race

Published Tue, 25 Feb 2025 09:14:56 GMT

CHICAGO — While the one featuring the stock cars is getting a lot of attention, there is another race that's in Chicago this summer that will take to the waters of Lake Michigan.On Wednesday, representatives from both races are joining up to promote both events that are coming to the "Windy City" over the next month and a half.Officials from the NASCAR Chicago Street race and Sail GP joined together for a preview of their respective races at Navy Pier as each begins their countdown to the events. Chicago Street Race president Julie Giese and Copper Dressler, a member of the U.S. SailGP team, will participate in a helmet swap as part of the event. There will also be a crossover challenge for the events announced during that news conference. The Rolex United States Sail GP will take place around Navy Pier and Lake Michigan from June-14 and is the second year the event has called Chicago home. NASCAR is making history this summer in downtown Chicago as they stage their first-ever stree...

Alex Murdaugh indicted on new charges, including fraud

Published Tue, 25 Feb 2025 09:14:56 GMT

(NewsNation/WCBD) — Alex Murdaugh, already convicted of murdering his wife and son, is now facing 22 charges including wire fraud, bank fraud, conspiracy and money laundering.A grand jury voted to indict Murdaugh on the financial charges, alleging he took part in three different schemes to get money and property from his clients. At the time the alleged fraud took place, Murdaugh was serving as a personal injury attorney in Hampton, South Carolina. Prosecutors held off on prosecuting Murdaugh for his financial crimes until the murder trial was completed. The case captured national attention for its dramatic twists and turns, including allegations that Murdaugh paid a hitman to murder him after the deaths of his wife, Maggie, and son Paul. Alex Murdaugh facing new indictments for conspiracy, fraud The indictment lays out three distinct financial schemes, which prosecutors say were intended to funnel money meant for Murdaugh's personal injury clients into his own bank accounts.The f...

Juvenile arrested after anti-Semitic vandalism found in Highland Park

Published Tue, 25 Feb 2025 09:14:56 GMT

HIGHLAND PARK, Ill. — A juvenile was arrested Tuesday after anti-Semitic vandalism was found in Highland Park last week.On Friday, police began an investigation following the vandalism report in the northwest portion of the city. Police did not disclose the exact location.Police said a receptacle had been defaced with blue painter's tape in the form of a swastika, the Star of David and the word "Jew." ‘I’m going to kill you’: Northwest Indiana man allegedly threatens woman, leads police on pursuit while drunk Quick reporting by Highland Park residents allowed officers to identify the suspect, police said.The juvenile has been charged but authorities did not provide the charges — citing The Juvenile Court Act.

‘We are so sorry': Bioré apologizes for sponsored TikTok post which referenced school shooting

Published Tue, 25 Feb 2025 09:14:56 GMT

(NEXSTAR) – Bioré, a skincare brand known for its blackhead-removing “strips,” is facing backlash over a sponsored TikTok post that encouraged customers to “strip away the stigma of anxiety” while making reference to a 2023 school shooting that left several students dead.The post, shared by TikTok influencer Cecilee Max-Brown last week, began with Max-Brown referencing her own experience as a survivor of Michigan State University school shooting in February.“Life has thrown countless obstacles at me this year, from a school shooting to having no idea what life is going to look like after college,” Max-Brown said in the post, in a voice-over that played over clips of her exercise routine.“In support of Mental Health Awareness Month, I’m partnering with Bioré Skincare to strip away the stigma of anxiety,” she continued, while the video transitioned to clips of Max-Brown placing a Bioré Pore Strip over the bridge of her nose. “We want you to get it all out. Not only what’s in your pore...