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Jul 31, 2014

Canada’s growth beats expectations in May, rates set to stay low

OTTAWA, July 31 (Reuters) – Canada’s economy grew more than
expected in May, expanding for a fifth consecutive month, but
most likely not enough to persuade the Bank of Canada to raise
interest rates.

Statistics Canada said on Thursday that gross domestic
product (GDP) grew by 0.4 percent in May from April, more than
the 0.3 percent forecast by market analysts. Year-over-year
growth was 2.3 percent in May, up from 2.1 percent in April.

Jul 29, 2014

In rare move, Canada accuses Chinese of trying to hack government network

OTTAWA (Reuters) – Canada on Tuesday took the unusual step of singling out Chinese hackers for attacking a key computer network and lodged a protest with Beijing, raising tensions at a time when Ottawa wants to boost oil sales to China.

Officials said “a highly sophisticated Chinese state-sponsored actor” had recently broken into the National Research Council. The council, the government’s leading research body, works with major firms such as aircraft and train maker Bombardier Inc..

Jul 29, 2014

In rare move, Canada accuses Chinese of trying to hack govt network

OTTAWA, July 29 (Reuters) – Canada on Tuesday took the
unusual step of singling out Chinese hackers for attacking a key
computer network and lodged a protest with Beijing, raising
tensions at a time when Ottawa wants to boost oil sales to
China.

Officials said “a highly sophisticated Chinese
state-sponsored actor” had recently broken into the National
Research Council. The council, the government’s leading research
body, works with major firms such as aircraft and train maker
Bombardier Inc..

Jul 23, 2014

Malaysian airliner’s voice recorder in good condition, says ICAO

OTTAWA (Reuters) – The cockpit voice recorder of the Malaysian airliner downed over Ukraine is in good condition, the U.N. civil aviation body said on Wednesday, adding that it was holding talks with airlines and states on how to assess the danger posed by conflicts.

Malaysian Airlines flight MH17 was shot down by a missile over eastern Ukraine last week, killing almost 300 people. The plane crashed in territory held by Russian-backed separatists, raising fears the wreckage might be tampered with.

Jul 19, 2014

UN aviation body: “not our job” to warn about dangers of missiles

OTTAWA/MONTREAL, July 18 (Reuters) – The U.N. civil aviation
body said on Friday it was not responsible for issuing warnings
about potential dangers such as military conflicts, saying that
duty fell to individual nations.

The role of the International Civil Aviation Authority has
come under scrutiny after a Malaysian airliner was shot down by
a missile on Thursday over eastern Ukraine, killing 298 people.

Jul 18, 2014

UN aviation body denies it closed Ukraine air route after crash

OTTAWA/MONTREAL, July 18 (Reuters) – The U.N.’s aviation
body on Friday said it did not have the authority to close
global air routes, seeking to distance itself from
responsibility after the downing of a Malaysian airliner over
Ukraine.

Malaysia’s transport minister said earlier that the
Montreal-based International Civil Aviation Organization (ICAO)
had shut the route after a Malaysian Airline jet was
brought down in eastern Ukraine on Thursday, killing all 298
people aboard.

Jul 18, 2014

Inflation in Canada rises to 28-month high in June

OTTAWA/TORONTO, July 18 (Reuters) – Canada’s annual
inflation rate edged up to a 28-month high in June, the second
month in a row it has exceeded the Bank of Canada’s target,
posing a challenge to the central bank’s view that recent
strength in prices is temporary.

Annual inflation rose to 2.4 percent last month, Statistics
Canada said on Friday, the highest rate since the 2.6 percent
seen in February 2012. It also surpassed forecasts for inflation
to hold at May’s 2.3 percent level.

Jul 16, 2014

Inflation surge temporary, ‘neutral’ Bank of Canada says

OTTAWA (Reuters) – Shrugging off a recent surge in inflation as temporary, the Bank of Canada held its key overnight interest rate at 1 percent on Wednesday, as expected, and insisted it could just as easily cut rates as raise them.

In the statement that accompanied the rate decision, the bank, however, did omit language it had used in its June rate statement that said the downside risks to its inflation outlook remain important, an acknowledgement that overall inflation hit 2.3 percent in May and that core inflation was also higher than expected.

Jun 26, 2014

Russia pay the price for lack of discipline, poor play

By David Ljunggren

(Reuters) – Russia were poised to beat Algeria on Thursday and reach the second round of the World Cup for the first time but paid the price for a lack of discipline and sub par performances from key players.

Young striker Alexander Kokorin, under fire for missing an easy header in the previous match against Belgium, started the game and looked to have repaid manager Fabio Capello’s faith with a magnificent header in the sixth minute.

Jun 26, 2014

Soccer-Russia pay the price for lack of discipline, poor play

June 26 (Reuters) – Russia were poised to beat Algeria on Thursday and reach the second round of the World Cup for the first time but paid the price for a lack of discipline and sub par performances from key players.

Young striker Alexander Kokorin, under fire for missing an easy header in the previous match against Belgium, started the game and looked to have repaid manager Fabio Capello’s faith with a magnificent header in the sixth minute.

    • About David

      "I have been the National Political Correspondent in Canada for Reuters since 1999, focussing on politics, defence (in particular Canada's role in the Afghan War) and the environment. I won the award for Reuters Treasury scoop in 2009 for my work at the G20 summit. From 1995 to 1999 I worked in London, mainly covering foreign affairs, and from 1989 to 1995 I was stationed in Moscow where I covered the collapse of the Soviet Union and the many conflicts this helped trigger."
      Joined Reuters:
      1987
      Languages:
      English, French, Russian
      Awards:
      Treasury scoop of the year 2009
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