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

Subscribe to Global News Channel HERE:

Like Global News on Facebook HERE:

Follow Global News on Twitter HERE:

Follow Global News on Instagram HERE:


Global News YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

In This Story: British Columbia

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

1 Recent Items: British Columbia

BC engineer hopes to make sport out of giant exoskeleton “mech suits”

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.

2 Recent Items: Canada

Canada’s role in planned trips to the moon

One of Canada’s largest train bridges stands almost forgotten in New Brunswick

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.

5 Recent Items: COVID-19

This Should Make You F*cking Angry

ABC New Live: Legal battle begins over affidavit behind Mar-a-Lago search

White House to phase out buying COVID-19 vaccines, treatments

The White House outlines plans for schools to stay open as students return

How covid-19 ‘unified’ competitors in the tourism industry

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.

2 Recent Items: Donbas

‘Be very careful’: Zelensky warns Ukraine and Crimea civilians away from Russian military bases

Russian tank explodes running over mine in Donbas, Ukraine

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.

1 Recent Items: Inflation

Inflation: Even if we plateau, ‘we’ve got a lot more work to do,’ economist says

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.

4 Recent Items: Microsoft

Apple and Microsoft’s influence on the market

Microsoft & Sony trade shots over Activision acquisition

Tech layoffs and hiring freezes continue to mount. Here are some of the biggest names affected

Companies like MongoDB and Atlassian are more defensive places to be, says Citi’s Radke

Leave a Comment

We don't require your email address, or your name, for anyone to leave a comment. If you do add an email address, you may be notified if there are replies to your comment - we won't use it for any other purpose. Please make respectful comments, which add value, and avoid personal attacks on others. Links are not allowed in comments - 99% of spam comments, attempt to post links. Please describe where people may find additional information - for example "visit the UN website" or "search Google for..." rather than posting a link. Comments failing to adhere to these guidelines will not be published.