The World Bank has revised its global economic growth forecast downward, citing the fallout from the war with Iran. The decision comes amid ongoing geopolitical tensions and their impact on international markets.
Trump Comments on Inflation
U.S. President Donald Trump expressed approval of current inflation numbers, predicting they will decline sharply after the conflict with Iran concludes. He stated, 'It will come down like a rock.'
Canadian News Highlights
Health and Safety
- An Ontario man faces a $147,000 hospital bill in Mexico despite having travel insurance.
- An Oshawa man allegedly drugged a live-in nanny with laced ice cream and faces sexual assault charges.
- Health Canada warns parents about a wooden pacifier clip sold on Amazon.ca.
- A study reveals social anxiety disorder affects certain demographics more than others.
World Cup in Canada
- Metro Vancouver students will escort players onto the pitch during World Cup matches.
- Seven World Cup games are scheduled at Vancouver's BC Place.
- Canada braces for a wave of matches, concerts, and football fever as the tournament begins.
Weather
- More showers and thunderstorms expected Thursday, with possible snow in the Rockies overnight.
- Hot and humid conditions grip Ottawa, with humidex making it feel like 38°C.
- Cool and unsettled weather ahead of a weekend warmup.
Local Incidents
- A man dies following an assault at a Winnipeg business.
- Wab Kinew boasts the highest approval rating in Canada per an Angus Reid survey.
- Regina hit with hail ranging from toonie to golf ball size during a severe storm.
- Police kill a dog that mauled an 11-year-old boy in Barrie.
- Fatal vehicle fire shuts down Highway 400 in Muskoka.
- Arrest made after shots fired toward a group in Nanaimo park.
Politics and Business
- Canada's secretary of state for sports dismisses cost concerns as World Cup kicks off.
- Pennsylvania governor slams Trump's Canada comments while signing a trade pact with Ontario.
- Sweden withdraws a controversial proposal to jail 13-year-olds.
- Lyft and Uber sue New York City to block a driver retention law.
- Time magazine to launch a Canadian version with local staff and office.
Entertainment and Sports
- A singer who cancelled shows in Canada faces charges of rape and sexual assault.
- Wimbledon increases prize money by 20%, with singles winners earning US$4.8 million.
- Canada's Mboko withdraws from Queen's Club singles match after a fall.
Environment and Technology
- El Nino is here, with scientists warning of severe heat, floods, droughts, and fires.
- Manitobans face ruin after massive floods hit the province.
- Privacy commissioner says Grok deepfakes violated Canadian privacy law.
- Canadian mother sues OpenAI, alleging ChatGPT encouraged her daughter's suicide.
