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Ukraine, Russia set to sign grain export deal
Ukraine and Russia are due to sign a deal brokered by Turkey and the UN on Friday to allow the export of millions of tonnes of grain from blockaded Black Sea ports, amid the risk of a global food crisis.
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Deal to export Ukrainian grain 'potentially good news,' expert says
Agreements signed by Russia and Ukraine with Turkey and the United Nations to resume exports of Ukrainian grain might suggest the possibility of a potential ceasefire, says Christian Leuprecht, a professor of political science at the...
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Mortgage Rates Rise, but Housing Prices Are Too
Mortgage rates are going up — 5.5% for a 30-year fixed loan, nearly double what it was last year — but housing prices aren’t coming down. In fact, they’re rising too. Why? Matthew Garland, also known as MG the Mortgage Guy, joined...
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Mortgage Rates Rise, but Housing Prices Do Too
Mortgage rates are going up — 5.5% for a 30-year fixed loan, nearly double what it was last year — but housing prices aren’t coming down. In fact, they’re rising too. Why? Matthew Garland, also known as MG the Mortgage Guy, joined...
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Experts warn homebuyers to protect themselves in cooling market
As Canada’s red-hot housing market cools in wake of rising interest rates, experts urge homebuyers to do their due diligence, such as getting professional inspections and being wary of overbidding.
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Peru communal kitchens undermined by rising prices
Communal kitchens are a lifeline for around a quarter of a million poor people in Peru.
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What’s fuelling record-high gas prices in Canada?
Adrienne Arsenault talks to senior CBC business reporter Peter Armstrong about why gas prices have hit record highs and when Canadians can expect to get a break.
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Nigerians turn to charcoal as cooking gas prices soar
Activists are warning that a sharp increase in the price of cooking gas in Nigeria is accelerating deforestation.
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How Couples Are Navigating the Busiest Summer Wedding Season in Years
Weddings were on hold after the pandemic struck in 2020, but this summer looks to heat up with a flood of nuptials. Kellee Khalil, founder and CEO of Loverly, joined Cheddar News to discuss how the wedding season has seen the most...
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Canadians face sticker shock at gas pumps
Canadians continue to contend with record-high gas prices. Meanwhile, rising fuel costs are also driving up the price of everything else as transport costs get passed on to consumers.
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Ford, GM Get Downgrades From Wells Fargo Over EV Cost Concerns
Banking giant Wells Fargo doesn't seem to be too bullish on the shift to electric vehicles. The financial services company hit legacy automakers Ford and GM with a double downgrade, citing concerns that recent headwinds could eat into...
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World's bread basket at risk: Russian invasion blocks farming
Since the Russian invasion of Ukraine, exports are blocked and farming is difficult and dangerous.
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How inflation is outpricing the average Canadian family
As prices of food and fuel continue to increase, one Canadian family breaks down how inflation is forcing them to change their lifestyle. Later, a personal finance expert explains why inflation is so high, and gives some tips for how to...
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Toronto, Vancouver home sales plunge in April
Home sales in Toronto and Vancouver dropped significant in April, a sign of rising interest rates cooling two of Canada’s red-hot housing markets.
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Kellogg's Stock Jumps With Earnings Beat Despite Inflation, Tough Market Day
Kellogg's reported a beat on its earnings and reached a 52-week high stock price. Chairman and CEO Steve Cahillane joined Cheddar News to talk about the food conglomerate's strategy despite surging inflation. "One thing we've learned...
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World Bank President on rebuilding Ukraine and the prospect of a global recession amid Russia's invasion
"The odds of a recession have gone up substantially, because of Russia's invasion of Ukraine...and that against the backdrop of the high inflation rate and the central bank choice to focus on rate hikes." World Bank President David...
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'Summer of our discontent' lay ahead from soaring gas prices, says expert
Gas lobbyist Dan McTeague says a tightness in supply is behind surging gas prices in Canada. 'We are looking at all-time record prices' for gas, he said.
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Drivers hit hard by record gas prices
Canadian drivers are seeing record gas prices across the country, with some areas hitting above $2 per litre. Those who drive for a living are feeling the pinch.
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How strong is the Canada-U.S. trade relationship?
Chief political correspondent Rosemary Barton speaks with U.S. trade representative Katherine Tai, in her first visit to Canada, about the state of the two nations' trade relationship. Tai says dairy and supply management remain a point...
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Prices for Summer Flights Rising — But Demand Isn't Slowing Down
Hayley Berg, the lead economist at mobile travel app Hopper, joined Cheddar to talk about how pent-up demand for travel is not slowing down even though the latest CPI report revealed airline fares jumping 10.7 percent in March compared...
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Libya faces harsh Ramadan with rising food prices
Ramadan is a spiritual time for Muslims around the world, but in Libya this year, it has been a difficult period for many.
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First-Time Homebuyers Face Rising Mortgage Rates
Buying a new home is tough right now; but for first-time buyers, it's an especially challenging time, with obstacles like rising mortgage rates and record-breaking home prices. The housing market is not expected to get much friendlier,...
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How are you fighting inflation?
Canadians on the streets of Toronto tell the CBC about the changes they're making to their household budgets to make ends meet right now.
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Inflation rate increase catches Canadians by surprise
CBC News business correspondent Peter Armstrong said economists expected the inflation rate to rise, but not up to 6.7 per cent.