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

Global News published this video item, entitled “Global National: June 15, 2022 | Risk of recession rises as Canada, US move to tame inflation” – below is their description.

The U.S. Central Bank is attacking soaring inflation with its biggest rate hike since 1994, bringing its range to between 1.5 and 1.75 of a percent. Canada’s own central bank is signalling it will also do a lot more soon to tackle inflation. Anne Gaviola has more on why this may increase the risk of a recession in North America.

Despite initial beliefs COVID-19 infections would build immunity against the coronavirus, more people are getting reinfected. Jamie Mauracher explains why, and how to prevent it.

Interim Toronto Police Chief James Ramer has publicly apologized for widespread systemic discrimination throughout the force, after a new report confirmed people of colour are disproportionately targeted by officers compared to Caucasians. As Eric Sorensen reports, Ramer’s apology was met with some rejection amid amplifying demands for change.

Yet another former military leader is facing disturbing accusations. Recently retired Lt.-Gen. Trevor Cadieu, once favoured to lead the Canadian Armed Forces, has been charged with two counts of sexual assault. Mercedes Stephenson reports on the allegations, and the questions about who knew what and when.

Ukraine’s Western allies are pledging more support, with Russia on the verge of seizing Sievierodonetsk in the fight for the eastern Donbas region. Crystal Goomansingh reports on the city’s status, the help Ukrainian President Volodymyr Zelenskyy is pleading for, and the weapons Canada is planning to send.

After more than three years of investigating, former British Columbia Supreme Court Justice Austin Cullen has released his long-awaited report into the province’s dirty money. Richard Zussman breaks down the 1,800-page document, which explains what sectors are still vulnerable to these crimes, what needs to be done to stop this problem, and how much blame Cullen put on politicians.

And it went from mighty to mocked and maligned. Now, the notorious nuisance that is Internet Explorer is closing its windows for good. Microsoft is finally ceasing support for its former flagship web browser. Dan Spector looks back at IE’s journey from dominance to being dumped.

For more info, please go to https://globalnews.ca/news/8923146/bank-canada-interest-rate-75-basis-points-fed/

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