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Canada announces C$6bn deal with Australia to develop Arctic radar missile-detection system | Canada newsthirst.

The Canadian prime minister, Mark Carney, has announced a C$6bn deal (A$6.6bn) with Australia to develop an Arctic radar system, warning that Canada must take more responsibility for its defence as US priorities shift. Carney made the announcement on Tuesday in Iqaluit, capital of the Nunavut territory in the Canadian Arctic, on the final leg…

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Cramer explains why investors are no longer paying up for AI stocks newsthirst.

CNBC’s Jim Cramer on Tuesday suggested that despite the fervor for artificial intelligence, investors are no longer willing to pay high prices for stocks related to the technology because of a pervasive uncertain macroeconomic environment. “Why is this happening to us? Why do our stocks go down when nothing’s happened to the companies underneath?” he…

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Putin agrees in Trump call to pause Ukraine energy attacks but no full ceasefire newsthirst.

Tom Bateman BBC State Department Correspondent Reporting fromat the White House Watch: The BBC’s Tom Bateman unpacks Russia’s ceasefire conditions President Vladimir Putin has rejected an immediate and full ceasefire in Ukraine, agreeing only to halt attacks on energy infrastructure, following a call with US President Donald Trump. The Russian leader declined to sign up…

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Netanyahu says fighting has resumed in Gaza with ‘full force’ newsthirst.

Israel has “resumed combat in full force” against Hamas in the Gaza Strip, Prime Minister Benjamin Netanyahu said on Tuesday night. In a defiant video statement, he warned that “negotiations will continue only under fire” and that “this is just the beginning”. His comments came after Israeli aircraft launched massive airstrikes against what the military…

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Sponsors drop San Francisco Pride as festival decries ‘rights backtracking’ | San Francisco newsthirst.

San Francisco Pride, one of the largest LGBTQ+ celebrations in the world, has lost significant funding as major corporate sponsors – some who supported the festivities for years – have pulled out of the event. Several companies, including Comcast, Diageo, Benefit Cosmetics and Anheuser-Busch,, and provide about $300,000 in funding, told the organization that they…

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Slower economic growth is likely ahead with risk of a recession rising, according to the CNBC Fed Survey newsthirst.

Respondents to the March CNBC Fed Survey have raised the risk of recession to the highest level in six months, cut their growth forecast for 2025 and hiked their inflation outlook. Much of the change appears to stem from concern over fiscal policies from the Trump administration, especially tariffs, which are now seen by them…

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