BREAKING B.C. serial killer Robert Pickton hospitalized after prison attack
British Columbia serial killer Robert Pickton was attacked in a Quebec prison Sunday in what officials described as a "major assault."
As the ruble strengthens to levels not seen in seven years, Russia's minister of economic development warned Wednesday that the country's businesses could suffer if the trend persists.
The ruble hit all-time lows in the first weeks after Russia sent troops into Ukraine in late February, dropping as much as 50%, to 150 against the U.S. dollar. It then began recovering, and this month has reached its highest exchange rate since May 2015.
The Russian Central Bank's official exchange rate Wednesday was 52.9 to the dollar. Although the rate is seen by some as a sign that Russia is weathering Western sanctions, the strong ruble makes Russian exports more expensive.
"I think my colleagues will confirm that the profitability of many industries, even export-oriented, has become negative at the current exchange rate," economic development minister Maxim Reshetnikov was quoted as saying by Russian news agencies.
"If such a situation will last for several more months, I think many enterprises may come to the idea not only of curtailing investment processes, but also of the need to adjust current production plans and reduce production volumes," he said.
Central Bank head Elvira Nabiullina this month suggested that Russia should broadly reorient its economy away from relying on revenue from exports.
Analysts say the ruble's strength reflects high global prices for oil and natural gas and that wide-ranging sanctions mean Russia is buying fewer imports.
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British Columbia serial killer Robert Pickton was attacked in a Quebec prison Sunday in what officials described as a "major assault."
Donald Trump's lawyers rested their defence Tuesday without the former president taking the witness stand in his New York hush money trial.
One passenger was killed and 30 injured after a Singapore Airlines SIAL.SI flight from London hit severe turbulence en route on Tuesday, forcing it to make an emergency landing in Bangkok, officials and the airline said.
Anything is possible this week, as far as Canada's weather is concerned, with forecasts ranging from scorching heat in some parts of the country to rain and snow in others.
Canada's annual inflation rate slowed to a three-year low of 2.7 per cent in April, matching expectations, and core measures continued to ease, data showed on Tuesday, likely boosting chances of a June interest rate cut.
Riley Keough, the granddaughter of Elvis Presley, is fighting plans to publicly auction his Graceland estate in Memphis after a company tried to sell the property based on claims that a loan using the king of rock ’n’ roll's former home as collateral was not repaid.
Donald Trump's reelection campaign called 'The Apprentice,' a film about the former U.S. president in the 1980s, 'pure fiction' and vowed legal action following its premiere at the Cannes Film Festival. But director Ali Abbasi is offering to privately screen the film for Trump.
Nestle NESN.S will market a new, US$5 line of frozen pizzas and protein-enriched pastas in the United States which it says it designed specifically for people taking drugs such as Wegovy or Ozempic for weight loss.
Members of a Canadian group representing families of those killed when Iranian officials shot down Flight PS752 in January 2020 say they are not sorry to hear of the death of Iran's president.
Public libraries in Atlantic Canada are now lending a broader range of items.
Flashes of purple darting across the sky mixed with the serenading sound of songs will be noticed more with spring in full force in Manitoba.
Catching 'em all with impressive speed, a 7-year-old boy from Windsor, Ont. who only started his competitive Pokémon journey seven months ago has already levelled up to compete at a world championship level.
A sanctuary dedicated to animals with disabilities is celebrating the third birthday of one of its most popular residents.
2b Theatre recently moved into the old Video Difference building, seeking to transform it into an artistic hub, meeting space, and temporary housing unit for visiting performers in Halifax.
A B.C. woman says her service dog pulled her from a lake moments before she had a seizure, saving her life.
A Starbucks fan — whose name is Winter — is visiting Canada on a purposeful journey that began with a random idea at one of the coffee chain's stores in Texas.
Members of Piapot First Nation, students from the University of Winnipeg and various other professionals are learning new techniques that will hopefully be used for ground searches of potential unmarked grave sites in the future.
ALS patient Mathew Brown said he’s hopeful for future ALS patients after news this week of research at Western University of a potential cure for ALS.