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A polar vortex is causing extreme cold across the U.S. and parts of Europe, with temperatures plunging to dangerous levels. The Midwest and Plains states are experiencing record lows, while warmer weather is expected to arrive by the weekend. The cold snap has already resulted in multiple fatalities and significant disruptions.
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As of March 3, 2025, the U.S. stock market has underperformed compared to global markets, with the S&P 500 rising only 1% this year, while the MSCI All Country World Index excluding the U.S. has gained nearly 7%. Concerns over high valuations and a stronger dollar impacting profits are significant factors.
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In a challenging job market, employees must be vigilant about signs their boss may want them to leave. Key indicators include reduced communication, exclusion from meetings, and lack of future discussions. Understanding these signs can help workers navigate their careers effectively.
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The European Commission has proposed significant changes to corporate sustainability regulations, exempting most companies from stringent reporting requirements. This move aims to enhance economic competitiveness amid rising concerns over regulatory burdens and high energy costs, particularly in light of global economic shifts.
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Over 100 wildfires erupted in South Carolina last weekend, fueled by dry conditions and strong winds. This event highlights the increasing frequency of compound weather events, exacerbated by climate change, which have led to severe wildfires and other disasters globally, including in California and Malaysia.
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President Trump's proposed 25% tariffs on Canadian goods could severely impact Canada's economy, which relies heavily on U.S. trade. This move has raised concerns about a potential recession in Canada and has implications for U.S.-Canada relations.
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Russian President Vladimir Putin has indicated a willingness to resume gas exports to Europe, contingent on a peace deal with Ukraine. Meanwhile, Ukraine's DTEK CEO warns against the risks of relying on Russian gas, emphasizing the need for investment in Ukrainian energy infrastructure and renewables.
