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Global tensions rise as the EU considers targeting Russia's financial standing, while Trump threatens sanctions on both Russia and Ukraine, further straining relations. Meanwhile, Trump's trade policies worsen economic struggles for workers, like in Ontario, amid escalating geopolitical and trade conflicts.

Japan Will Spend $6.3 Billion to Shield Its Economy From Trump’s Tariffs

The New York TimesTuesday, May 27, 2025 at 7:03:54 AM
Japan Will Spend $6.3 Billion to Shield Its Economy From Trump’s Tariffs
Japan is shelling out a hefty $6.3 billion to cushion its economy from the ripple effects of Trump’s tariffs, which could hit key industries like steel and autos. The funds will go toward financial aid for businesses, supply chain adjustments, and market diversification—essentially a defensive play to avoid getting caught in the crossfire of U.S. trade policies.
Editor’s Note: This isn’t just about Japan—it’s a sign of how global economies are bracing for potential turbulence if Trump returns to the White House and doubles down on protectionist policies. For Japan, it’s a preemptive strike to keep exports flowing and jobs intact. For everyone else, it’s a reminder that trade wars rarely stay contained to just two players.
— Curated via WP Now’s

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Fewer Ontario cities will hit housing targets amidst ‘major crisis’: minister
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Ontario’s housing minister admits the province is falling way short of its own homebuilding goals, with fewer cities on track to meet their targets. The minister didn’t mince words, calling it a "major crisis" as the gap between housing supply and demand keeps widening.
Editor’s Note: If you’ve been house-hunting in Ontario lately, this won’t surprise you—there just aren’t enough homes being built to keep up. The government’s own targets are slipping, which means higher prices, tighter competition, and more frustration for buyers and renters. This isn’t just bureaucratic hand-wringing; it’s a real-world problem hitting wallets and living situations across the province.
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The EU is reportedly considering adding Russia to its anti-money laundering "grey list," a move that could further damage Moscow’s financial standing on the global stage. This isn’t just symbolic—it would make international transactions harder and more expensive for Russian entities, tightening the screws amid ongoing tensions.
Editor’s Note: This isn’t just another sanction—it’s a direct hit to Russia’s ability to move money smoothly. If the EU follows through, banks and businesses worldwide might think twice before dealing with Russian counterparts, deepening the country’s economic isolation. For everyday Russians, that could mean even more hurdles in an already strained financial system.
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Editor’s Note: Early heatwaves aren’t just uncomfortable—they’re a red flag for climate trends and can strain power grids, worsen droughts, and even pose health risks, especially for vulnerable folks. This isn’t just "hot weather"; it’s a sign of how climate change is messing with normal patterns, and it’s something we’ll likely see more of. Stay cool out there.
Maple Leafs hire Derek Lalonde as assistant coach
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The Toronto Maple Leafs have added some fresh expertise to their coaching lineup, bringing in Derek Lalonde—previously the head coach of the Detroit Red Wings—as an assistant under new head coach Craig Berube. The move signals the team’s effort to strengthen their staff ahead of the upcoming season.
Editor’s Note: Coaching changes can be a big deal in hockey, especially for a team like the Maple Leafs that’s always under pressure to perform. Lalonde brings experience and a fresh perspective, which could help tighten up their game. For fans, it’s a sign the organization isn’t standing still—they’re making moves to improve.
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Prime Minister Justin Trudeau is backing Public Safety Minister Gary Anandasangaree after the latter voluntarily recused himself from national security decisions where a potential conflict of interest could arise. Trudeau framed it as a responsible move, suggesting Anandasangaree acted appropriately by setting up an ethical "screen" to avoid any perceived bias.
Editor’s Note: This isn't a scandal—yet. But it’s a reminder of how delicate conflicts of interest can be in politics, especially when national security is involved. The PM’s defense suggests the government wants to frame this as transparency, but critics might still question why the situation arose in the first place. It’s a watch-and-see moment for ethics hawks.

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