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Canada’s Prime Minister invokes Emergencies Act for the first time

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Prime Minister Justin Trudeau invokes the Emergencies Act for the first time in response to a  ‘Freedom Convoy’ that has disrupted the life of Canada’s capital for over a fortnight

It started as a movement against a vaccine mandate for cross-border drivers but has since turned into a rally against Prime Minister Justin Trudeau.

This is the first time the Emergency Act has been used to give the federal government extra powers to handle protests across the country.

There has been pressure mounting on leadership to solve the protests in Ottawa, which have entered their third week.

For 30 days, the prime minister can now respond to emergency scenarios affecting public welfare, public order and war emergencies. 

It takes effect right away

Once the cabinet declares an emergency, it takes effect right away — but the government still needs to go to Parliament within seven days to get approval.

The prime minister is not expected to call in the military, with police outnumbering crowds.

The legislation will give Police more more tools to restore order, but the PM has confirmed this act won’t override civil rights.

Protesters in Ottawa have refused to leave the nation’s capital, ignoring the threat of arrest and jail time despite pleas from local and federal leaders.

This follows Premier Doug Ford declaring a state of emergency in Ontario that recently blocked access to the busiest international crossing in North America.

The Freedom Convoy has already cost the country hundreds of millions of dollars in lost trade.

The protests are being seen globally

It may be the beginning of the end in Canada, but the convoy has inspired others around the world to stage similar action, congesting city roads and attracting attention, from France to New Zealand.

Paris saw hundreds of vehicles converge on the city, police throwing tear gas at protesters in cafes.

Protesters there are planning to move on to Brussels – to join up with a wider European movement

While the vehicles may be gone in Canada, the freedom movement remains.

The Emergency Act replaced the War Measures Act in the 80s which was used once for the former prime minister during the October Crisis of 1970.

Savannah Pocock contributed to this report.

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Crypto

Crypto crash alert: Bitcoin and Ethereum plunge amid market turmoil

Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.

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Crypto market downturn hits Bitcoin and Ethereum; insights on volatility, recovery, and long-term targets from Oz Sultan.


The crypto market is facing a sharp downturn as Bitcoin and Ethereum see significant losses, sparking concerns among investors. Analysts warn of continued volatility but remain cautiously optimistic about a rebound by 2026–2027.

We sit down with Oz Sultan from Sultan Interactive Group to break down what’s driving this market shake-up. From $608 million in liquidations to the impact on overall market sentiment, we explore what this means for both short-term traders and long-term investors.

Get insights on Bitcoin’s long-term targets, potential recovery trends, and what historical data suggests for the future of cryptocurrency.

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Airbus hit by new A320 fuselage panel defect triggering share price drop

Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.

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Airbus faces manufacturing issues with A320 fuselage panels, impacting shares but confirming safety for in-service aircraft.


Airbus is confronting a fresh manufacturing issue after discovering a quality defect in several dozen fuselage panels used on A320-family jets. The revelation sparked investor concern, with shares falling by up to 10% as the news broke.

While the newly identified flaw has caused some delivery delays, Airbus confirms that aircraft already in service are safe and unaffected. The defect is limited to a specific batch of panels, and all new production now meets required standards.

The company has apologised for the disruption and says it is working closely with suppliers to prevent a repeat of the issue.

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#Airbus #A320neo #AviationIndustry #Manufacturing #AviationSafety #StockMarket #Aerospace #TickerNews


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Bitcoin tanks as markets turn risk-off and tech stocks slide

Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.

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Bitcoin drops over 7% to $84,555, its lowest in a week, amid waning investor confidence and bearish market pressures.


Bitcoin has suffered a sharp decline, falling more than 7% and slipping to $84,555 — its lowest point in over a week. After a brutal November where BTC shed more than $18,000, its biggest dollar drop since mid-2021, investor confidence is wavering. Analysts say multiple pressures, including negative ratings for major stablecoins, are amplifying bearish sentiment across the market.

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#Bitcoin #CryptoNews #Markets #TechStocks #Investing #Blockchain #FinancialNews #TickerNews


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