Blog - Viral News

Pharmacare bill covering diabetes, birth control medications passes Senate – National

10Oct

By Aditi PawarNo Comments

Politics

Pharmacare bill covering diabetes, birth control medications passes Senate – National

By Laura Osman The Canadian Press Posted October 10, 2024 6:25 pm 1 min read Descrease article font size Increase article font size The pharmacare bill that was central to a political pact between the Liberals and NDP is now set to become law after the Senate passed the bill without making any changes. The legislation will inform the creation of any future national, universal pharmacare plan.It will also allow the government to sign deals with provinces and territories to cover diabetes and birth-control medications as part of the public health system. Get weekly health news Receive the lates...

Delta says travelers are trading summer Europe trips for fall getaways

10Oct

By Aditi PawarNo Comments

Business

Delta says travelers are trading summer Europe trips for fall getaways

A woman uses an umbrella to protect herself from the sun as she passes past the Colosseum during an intensely hot day in Rome, Italy, on July 11, 2024. Riccardo De Luca | Anadolu | Getty ImagesSummer trips to Europe are getting too hot for thousands of tourists.Delta Air Lines President Glen Hauenstein said travelers are opting out of flying to Europe during the traditional summer peak travel season. Instead, they are shifting trips to cooler months, a trend that airline officials have been noticing over the past couple of years as consumers look to escape crowds and record heat of popular destinations."The weather in Europe in August is really hot, and that people who have choices when they can take their vacations are moving into let's call it more temperate months," Hauenstein said Thur...

King Charles pays tribue as Auschwitz survivor Lily Ebert dies. aged 100

10Oct

By No Comments

World News

King Charles pays tribue as Auschwitz survivor Lily Ebert dies. aged 100

Holocaust survivor Lily Ebert (left) stands with her great-grandson Dov Forman after being appointed a Member of the Order of the British Empire following an investiture ceremony at Windsor Castle, on 31 January, 2023. Photo: AFP / Pool / Andrew Matthews King Charles has paid tribute to the "extraordinary resilience and courage" of Auschwitz survivor Lily Ebert, who has died at the age of 100. Ebert, born in Hungary, was taken in 1944 as a 20-year-old to the Auschwitz-Birkenau camp, where her mother, younger sister, and brother were sent to the gas chambers. Along with three of her other siblings, she managed to survive. They were freed in 1945 and reunited in Switzerland before eventually heading to Israel. She later settled in London in 1967, where in her later years she became well k...

These income-generating assets offer yields of more than 5%

10Oct

By Aditi PawarNo Comments

Business

These income-generating assets offer yields of more than 5%

Interest rates are coming down, but investors can still find some solid opportunities for yield in the preferred securities market, according to UBS Financial Services. Preferred securities combine attributes of bonds and stocks. They trade publicly on exchanges but they also pay a quarterly stream of income. Issuing companies are often banks and utilities. Yields for these instruments can top 5%, and this income may be tax advantaged for investors. Generally, the coupons are taxed at the same rate as qualified dividends — that is, 0%, 15% or 20%, based on an investor's taxable income. Meanwhile, interest income from bonds is taxed as ordinary income, meaning it is subject to rates as high as 37%. Retail investors and preferreds The preferred securities sold to retail investors come at a f...

UK rapper Yung Filly bailed on charges of sexual abuse of woman in Australia

10Oct

By No Comments

World News

UK rapper Yung Filly bailed on charges of sexual abuse of woman in Australia

By Rebecca Trigger, ABC News Photo: 123RF Warning: This story contains details some readers may find distressing, including details about an alleged sexual assault A UK rapper has been granted bail after being charged with raping and choking a Perth woman in his hotel room while on his Australian tour. The YouTuber and musician Andres Felipe Valencia Barrientos - also known as Yung Filly - is accused of sexually assaulting a woman in his Perth hotel room after a performance in the city's north last month. WA police arrested the 29-year-old in Brisbane before he was extradited to Perth. Police opposed his request to be released from custody at his first appearance in the Perth Magistrates Court on Thursday. But Magistrate Tanya Watt did not agree with prosecutors that Barrientos's risk...

After earlier carbon price error, new PBO report confirms earlier findings – National

10Oct

By Aditi PawarNo Comments

Politics

After earlier carbon price error, new PBO report confirms earlier findings – National

By Jordan Omstead The Canadian Press Posted October 10, 2024 3:02 pm 1 min read Descrease article font size Increase article font size The parliamentary budget officer says his updated report on the federal carbon price is largely consistent with his earlier findings, even after adjusting for a previous error. Yves Giroux says today’s report still finds the vast majority of households get back more in rebates than they pay through the carbon price — but once broader economic effects are factored in, those gains are wiped out for most, except for some lower-income earners.The updated report, which looks only at the consumer carb...

MicroStrategy at highest level relative to bitcoin since 2019, per Wolfe

10Oct

By Aditi PawarNo Comments

Business

MicroStrategy at highest level relative to bitcoin since 2019, per Wolfe

While "boring" bitcoin has been chopping sideways since March, bitcoin proxy MicroStrategy is trading at its highest level relative to the flagship crypto since 2019. Wolfe Research managing director Rob Ginsberg said he "loves [MicroStrategy's] chances to get out and continue climbing," but that the stock is overbought in the near term. He suggested a bitcoin hedge. MSTR BTC.CM= YTD mountain Bitcoin and MicroStrategy in 2024 "Lack of enthusiasm for the once high flying asset class is one of the factors that led us to maintain a more defensive, risk off bias of late," he said in a Wednesday note. "Many of the crypto related equities such as MARA , COIN , & RIOT have acted the same. That is beside one … as MSTR rallied back to the highs over the past few weeks." "On a relative basis vs....

MPs urged to support First Nations clean drinking water bill – National

10Oct

By Aditi PawarNo Comments

Politics

MPs urged to support First Nations clean drinking water bill – National

Indigenous Services Minister Patty Hajdu and Assembly of First Nations National Chief Cindy Woodhouse Nepinak are urging MPs across party lines to support legislation to ensure First Nations have clean drinking water in their communities. The government has put forward a bill that seeks to do just that, and also seeks to protect source-water on First Nations territories.Hajdu has called it the first piece of truly co-developed legislation between Canada and First Nations — even though some First Nations disagree with that framing.The bill has been before a House of Commons committee for months, where MPs have heard chiefs and experts raise concerns that the legislation does not go far enough to protect their rights. They also question how robust it will be in ensuring their communities rec...

10Oct

By Aditi PawarNo Comments

Business

Banks aren’t in the clear just yet

Federal Reserve Board Chairman Jerome Powell holds a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S., September 18, 2024. REUTERS/Tom BrennerTom Brenner | ReutersFalling interest rates are usually good news for banks, especially when the cuts aren't a harbinger of recession.That's because lower rates will slow the migration of money that's happened over the past two years as customers shifted cash out of checking accounts and into higher-yielding options like CDs and money market funds.When the Federal Reserve cut its benchmark rate by half a percentage point last month, it signaled a turning point in its stewardship of the economy and telegraphed its intention to reduce rates by another 2 full percentage points,...

Poilievre backs mandatory psychiatric, drug treatment for kids and prisoners

10Oct

By Aditi PawarNo Comments

Politics

Poilievre backs mandatory psychiatric, drug treatment for kids and prisoners

By Staff The Canadian Press Posted October 10, 2024 2:28 pm Updated October 10, 2024 2:31 pm 1 min read Descrease article font size Increase article font size Conservative Leader Pierre Poilievre says he’s in favour of mandatory, involuntary drug and psychiatric treatment for kids and prisoners who are found to be incapable of making decisions for themselves. He said earlier this summer he was open to the idea, but needed to study the issue more closely. Get weekly health news ...