IMF sees regional economy shrinking 1.3% in 2026 amid Iran war
The IMF expects output across the Middle East, North Africa and Pakistan to contract 1.3% in 2026 as the Iran war disrupts energy, shipping, tourism and confidence.
Success highlights the rising demand for secure and reliable proxy solutions
TORONTO, ON / ACCESS Newswire / February 20, 2025 / Polaris Renewable Energy Inc. (TSX:PIF) ("Polaris Renewable Energy" or the "Company"), is pleased to report its financial and operating results for the year ended December 31, 2024. This earnings release should be read in conjunction with the Company's consolidated financial statements and management's discussion and analysis, which are available on the Company's website at www.PolarisREI.com and have been posted on SEDAR+ at www.sedarplus.ca. The dollar figures below are denominated in US Dollars unless noted otherwise.
The US government on Wednesday moved to kill New York's nascent congestion pricing scheme designed to ease traffic and finance public transport by imposing tolls on drivers in Manhattan -- a first-in-the-nation plan President Donald Trump had vowed to quash.
Kylian Mbappe's hat-trick against Manchester City propelled Real Madrid into the Champions League last 16 on Wednesday and him to a new personal high with Los Blancos.
US President Donald Trump's decision to designate eight Latin American drug trafficking groups as "terrorist" organizations has raised speculation about possible military action on foreign soil.
Pep Guardiola conceded Manchester City need a rebuild after being swept aside by a Kylian Mbappe hat-trick as Real Madrid progressed to the last 16 of the Champions League 6-3 on aggregate.
Real Madrid swept Manchester City aside to qualify for the Champions League last 16 on Wednesday, while Paris Saint-Germain rubber-stamped their spot in the next round by thrashing French rivals Brest.
Global stocks were under pressure Wednesday after US President Donald Trump broadened his tariff threats, leaving European bourses lower even as the S&P 500 notched a fresh record.
Donald Trump's labor secretary nominee on Wednesday distanced herself from previous pro-union stances that sparked Republican criticism, as she called herself a champion of the US president's "America First agenda."
Dutch champions PSV Eindhoven battled into the last 16 of the Champions League Wednesday, after a pulsating 3-1 extra-time win over Juventus gave them a 4-3 aggregate play-off victory.
A US federal judge peppered a top member of Donald Trump's Justice Department with questions Wednesday during a hearing over the office's extraordinary move to drop corruption charges against New York Mayor Eric Adams.
Kylian Mbappe struck a brilliant hat-trick for Champions League holders Real Madrid in a 3-1 win over Manchester City on Wednesday, helping Los Blancos reach the last 16 with a 6-3 aggregate victory.
Paris Saint-Germain can look forward to a showdown with either Liverpool or Barcelona in the last 16 of the Champions League after mercilessly crushing French rivals Brest 7-0 on Wednesday to win their play-off round tie 10-0 on aggregate.
The Trump administration has ordered senior US military leaders to plan for expansive cuts that could slash the defense budget by eight percent annually, or some $290 billion within the next five years, US media reported Wednesday.
Liverpool's Premier League title charge was slowed by Aston Villa after a pulsating 2-2 draw on Wednesday left neither side satisfied.
US President Donald Trump called Ukrainian leader Volodymyr Zelensky a "dictator" Wednesday, widening a personal rift with major implications for efforts to end the conflict triggered by Russia's invasion three years ago.
Ousted South Korean leader Yoon Suk Yeol will become the country's first sitting head of state to stand trial in a criminal case as hearings open Thursday on his bid to impose martial law.
NFL team salary caps for the 2025 season have been projected by the league at $277.5 million to $281.5 million, a huge hike for each club according to multiple reports on Wednesday.
Green groups on Wednesday launched the first environmental challenges against the new Trump administration, targeting the president's plans to expand offshore drilling.
Grand Slam champions Venus Williams and Petra Kvitova were among four wildcard entrants announced Wednesday for next month's ATP and WTA Indian Wells tennis tournament.
An Israeli group campaigning for the release of hostages described the deaths of three members of the Bibas family as "heart-shattering" Wednesday as Hamas prepared to hand over their bodies.
US Federal Reserve policymakers expressed concern last month about the potentially inflationary effects of President Donald Trump's trade and immigration proposals, according to minutes of the meeting published Wednesday.
Borussia Dortmund cruised into the last 16 of the Champions League after a goalless draw with Sporting Lisbon on Wednesday sealed a 3-0 aggregate victory.
Apple on Wednesday introduced a new iPhone 16e model with a lower price tag as the company seeks to revive sales of its iconic device.
From Mexico's most ruthless drug cartels to Central America's most notorious street gang, these are the eight drug trafficking groups being designated terrorist organizations by US President Donald Trump's administration:
The European Union will respond "firmly and swiftly" to protect its interests if Washington imposes tariffs on the bloc's goods, its trade chief said Wednesday, rejecting President Donald Trump's claim that US-EU trade ties are unfair.
Major League Baseball will begin pre-season testing of an automated system to allow challenges of ball-strike calls on Thursday with the technology backstopping home plate umpires in about 60% of exhibition games.
Lewis Hamilton is convinced that this season could be Ferrari's year after he drove for the first time on Wednesday the Formula One team's car for the upcoming season, with a record eighth world title in his sights.
British tennis star Emma Raducanu insisted she would be fine as she thanked fans for their support following a "difficult experience" during the Dubai WTA 1000 event where she was targeted by a man displaying "fixated behaviour".
US President Donald Trump called Ukrainian leader Volodymyr Zelensky a "dictator" Wednesday, widening a personal rift with major implications for efforts to end the conflict triggered by Russia's invasion three years ago.
Pope Francis's blood tests show a "slight improvement" as he receives hospital treatment for pneumonia, the Vatican said Wednesday, while Italy's prime minister found the 88-year-old joking "as always".
Carlos Alcaraz withstood a spirited fightback from Italian qualifier Luca Nardi to seal his place in the quarter-finals of the Qatar Open on Wednesday.