Browsing: market news

Experts Warn: Canada May Already Be in a Recession

Economists are sounding the alarm, declaring that Canada has slipped into a recession. With consumer spending taking a hit and inflation on the rise, the outlook is concerning. Analysts predict that these persistent economic pressures may spell extended difficulties for Canadian households and businesses alike.

Vale’s Iron Ore Production Takes a Hit in Q1 Due to Brazil’s Rainy Weather

Vale has announced a dip in iron ore production for the first quarter, primarily attributed to the heavy rains sweeping across Brazil that have hampered mining activities. This weather-related disruption poses significant challenges for the company as it strives to sustain its production levels. With these adverse conditions in play, concerns are mounting regarding future supply stability.