Global National: June 15, 2022 | Risk of recession rises as Canada, US move to tame inflation

In This Story: British Columbia

British Columbia, Canada’s westernmost province, is defined by its Pacific coastline and mountain ranges.

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In This Story: Canada

Canada is a country in the northern part of North America. It extends from the Atlantic to the Pacific and northward into the Arctic Ocean, covering 9.98 million square kilometres (3.85 million square miles), making it the world’s second-largest country by total area.

Its southern and western border with the United States, stretching 8,891 kilometres (5,525 mi), is the world’s longest bi-national land border. Canada’s capital is Ottawa, and its three largest metropolitan areas are Toronto, Montreal, and Vancouver.

Various Indigenous peoples inhabited what is now Canada for thousands of years before European colonization. The Canada Act 1982, which severed the vestiges of legal dependence on the British Parliament. Canada is a parliamentary democracy and a constitutional monarchy in the Westminster tradition, with a monarch and a prime minister who serves as the chair of the Cabinet and head of government.

As a highly developed country, Canada has the seventeenth-highest nominal per-capita income globally as well as the thirteenth-highest ranking in the Human Development Index. Its advanced economy is the tenth-largest in the world, relying chiefly upon its abundant natural resources and well-developed international trade networks.

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In This Story: COVID-19

Covid-19 is the official WHO name given to the novel coronavirus which broke out in late 2019 and began to spread in the early months of 2020.

Symptoms of coronavirus

The main symptoms of coronavirus are:

• a persistent new cough (non productive, dry)
• a high temperature (e.g. head feels warm to the touch)
• shortness of breath (if this is abnormal for the individual, or increased)

Latest News about Covid-19

Below are stories from around the globe related to the 2020 outbreak of novel Coronavirus – since the WHO gave the Covid-19 naming. Most recent items are posted nearest the top.

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In This Story: Donbas

The Donbas or Donbass is a historical, cultural, and economic region in south-eastern Ukraine, and bordering Russia.

In March 2014, following the Euromaidan and 2014 Ukrainian revolution, the Donetsk and Luhansk “People’s Republics” took control of areas within the region with support from Russia. Russia recognised their independence in February 2022. No other country recognises the independence of the areas.

Before the war, the city of Donetsk (then the fifth largest city in Ukraine) had been considered the unofficial capital of the Donbas. Large cities (over 100,000 inhabitants) also included Luhansk, Mariupol, Makiivka, Horlivka, Kramatorsk, Sloviansk, Alchevsk, Sievierodonetsk and Lysychansk. Now the city of Kramatorsk is the interim administrative centre of the Donetsk Oblast, whereas the interim centre of Luhansk Oblast is Sievierodonetsk.

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In This Story: Inflation

In economics, inflation refers to a general progressive increase in prices of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money.

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In This Story: Microsoft

Microsoft Corporation (NASDAQ: MSFT) is an American multinational technology company with headquarters in Redmond, Washington. It develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and related services.

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