Iran‘s president on Sunday lashed out at criticism of its lagging response to the worst coronavirus outbreak in the Middle East, saying the government has to weigh economic concerns as it takes measures to contain the pandemic.
Hassan Rouhani said authorities had to consider the effect of mass quarantine efforts on Iran’s beleaguered economy, which is under heavy U.S. sanctions. It’s a dilemma playing out across the globe, as leaders struggle to strike a balance between restricting human contact and keeping their economies from crashing.
“Health is a principle for us, but the production and security of society is also a principle for us,” Rouhani said at a Cabinet meeting. “We must put these principles together to reach a final decision.”
“This is not the time to gather followers,” he added. “This is not a time for political war.”
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1:25 WHO says world ‘squandered’ its first opportunity to stop the coronavirus outbreak
WHO says world ‘squandered’ its first opportunity to stop the coronavirus outbreak
Even before the pandemic, Rouhani was under fire for the unraveling of the 2015 nuclear deal he concluded with the United States and other world powers. President Donald Trump withdrew the U.S. from the agreement and has imposed crippling sanctions on Iran that prevent it from selling oil on international markets. Iran has rejected U.S. offers of humanitarian aid.
State TV on Sunday reported another 123 deaths, pushing Iran’s overall toll to 2,640 amid 38,309 confirmed cases.
Most people suffer only minor symptoms, such as fever and coughing, and recover within a few weeks. But the virus can cause severe illness and death, especially in elderly patients or those with underlying health problems. It is highly contagious, and can be spread by those showing no symptoms.
In recent days, Iran has ordered the closure of nonessential businesses and banned travel between cities. But those measures came long after other countries in the region imposed more sweeping lockdowns. Many Iranians are still flouting orders to stay home in what could reflect widespread distrust of authorities.
Iran has urged the international community to lift sanctions and is seeking a $5 billion loan from the International Monetary Fund.
Elsewhere in the region, Qatar reported its first death from the new coronavirus late Saturday, saying the total number of reported cases there was at least 590.
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Coronavirus outbreak: WHO director announces 1st patients will be enrolled in ‘solidarity’ drug trial
The tiny, energy-rich nation said it flew 31 Bahrainis stranded in Iran into Doha on a state-run Qatar Airways flight. But since Bahrain is one of four Arab countries that have been boycotting Qatar in a political dispute since 2017, Doha said it could not fly the 31 onward to the island kingdom.
“Bahraini officials have said they will send a flight for them at some undefined point in the future,” the Qatari government said in a statement.
Bahrain said it planned a flight Sunday to pick up the stranded passengers. The kingdom said it had its own repatriation flights scheduled for those still stuck in Iran and warned Qatar that it “should stop interfering with these flights.”
In Egypt, at least 1,200 Sudanese are stranded at the border after Sudan closed all its crossings, according to Egyptian officials at one of the crossings. They spoke on condition of anonymity because they were not authorized to brief media.
Sudan, which is still reeling from the uprising that toppled President Omar al-Bashir last year, has five confirmed cases, including one fatality. It’s one of several countries in the region where the health care system has been degraded by years of war and sanctions. Authorities closed the borders to prevent any further spread.
Sudan’s Information Minister Faisal Saleh said Sudanese authorities are looking for lodging in Egypt for the stranded passengers. He said authorities have quarantined at least 160 undocumented migrants who were sent into Sudan from war-torn Libya earlier this month.
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Residents in Egypt’s southern city of Luxor say they are providing shelter to the stranded Sudanese.
“We have provided food and medicine to the Sudanese brothers,” said Mahmoud Abdel-Rahim, a local farmer. “People hosted women, children and elders in their homes.”
OTTAWA – Canada’s unemployment rate held steady at 6.5 per cent last month as hiring remained weak across the economy.
Statistics Canada’s labour force survey on Friday said employment rose by a modest 15,000 jobs in October.
Business, building and support services saw the largest gain in employment.
Meanwhile, finance, insurance, real estate, rental and leasing experienced the largest decline.
Many economists see weakness in the job market continuing in the short term, before the Bank of Canada’s interest rate cuts spark a rebound in economic growth next year.
Despite ongoing softness in the labour market, however, strong wage growth has raged on in Canada. Average hourly wages in October grew 4.9 per cent from a year ago, reaching $35.76.
Friday’s report also shed some light on the financial health of households.
According to the agency, 28.8 per cent of Canadians aged 15 or older were living in a household that had difficulty meeting financial needs – like food and housing – in the previous four weeks.
That was down from 33.1 per cent in October 2023 and 35.5 per cent in October 2022, but still above the 20.4 per cent figure recorded in October 2020.
People living in a rented home were more likely to report difficulty meeting financial needs, with nearly four in 10 reporting that was the case.
That compares with just under a quarter of those living in an owned home by a household member.
Immigrants were also more likely to report facing financial strain last month, with about four out of 10 immigrants who landed in the last year doing so.
That compares with about three in 10 more established immigrants and one in four of people born in Canada.
This report by The Canadian Press was first published Nov. 8, 2024.
The Canadian Institute for Health Information says health-care spending in Canada is projected to reach a new high in 2024.
The annual report released Thursday says total health spending is expected to hit $372 billion, or $9,054 per Canadian.
CIHI’s national analysis predicts expenditures will rise by 5.7 per cent in 2024, compared to 4.5 per cent in 2023 and 1.7 per cent in 2022.
This year’s health spending is estimated to represent 12.4 per cent of Canada’s gross domestic product. Excluding two years of the pandemic, it would be the highest ratio in the country’s history.
While it’s not unusual for health expenditures to outpace economic growth, the report says this could be the case for the next several years due to Canada’s growing population and its aging demographic.
Canada’s per capita spending on health care in 2022 was among the highest in the world, but still less than countries such as the United States and Sweden.
The report notes that the Canadian dental and pharmacare plans could push health-care spending even further as more people who previously couldn’t afford these services start using them.
This report by The Canadian Press was first published Nov. 7, 2024.
Canadian Press health coverage receives support through a partnership with the Canadian Medical Association. CP is solely responsible for this content.
As Canadians wake up to news that Donald Trump will return to the White House, the president-elect’s protectionist stance is casting a spotlight on what effect his second term will have on Canada-U.S. economic ties.
Some Canadian business leaders have expressed worry over Trump’s promise to introduce a universal 10 per cent tariff on all American imports.
A Canadian Chamber of Commerce report released last month suggested those tariffs would shrink the Canadian economy, resulting in around $30 billion per year in economic costs.
More than 77 per cent of Canadian exports go to the U.S.
Canada’s manufacturing sector faces the biggest risk should Trump push forward on imposing broad tariffs, said Canadian Manufacturers and Exporters president and CEO Dennis Darby. He said the sector is the “most trade-exposed” within Canada.
“It’s in the U.S.’s best interest, it’s in our best interest, but most importantly for consumers across North America, that we’re able to trade goods, materials, ingredients, as we have under the trade agreements,” Darby said in an interview.
“It’s a more complex or complicated outcome than it would have been with the Democrats, but we’ve had to deal with this before and we’re going to do our best to deal with it again.”
American economists have also warned Trump’s plan could cause inflation and possibly a recession, which could have ripple effects in Canada.
It’s consumers who will ultimately feel the burden of any inflationary effect caused by broad tariffs, said Darby.
“A tariff tends to raise costs, and it ultimately raises prices, so that’s something that we have to be prepared for,” he said.
“It could tilt production mandates. A tariff makes goods more expensive, but on the same token, it also will make inputs for the U.S. more expensive.”
A report last month by TD economist Marc Ercolao said research shows a full-scale implementation of Trump’s tariff plan could lead to a near-five per cent reduction in Canadian export volumes to the U.S. by early-2027, relative to current baseline forecasts.
Retaliation by Canada would also increase costs for domestic producers, and push import volumes lower in the process.
“Slowing import activity mitigates some of the negative net trade impact on total GDP enough to avoid a technical recession, but still produces a period of extended stagnation through 2025 and 2026,” Ercolao said.
Since the Canada-United States-Mexico Agreement came into effect in 2020, trade between Canada and the U.S. has surged by 46 per cent, according to the Toronto Region Board of Trade.
With that deal is up for review in 2026, Canadian Chamber of Commerce president and CEO Candace Laing said the Canadian government “must collaborate effectively with the Trump administration to preserve and strengthen our bilateral economic partnership.”
“With an impressive $3.6 billion in daily trade, Canada and the United States are each other’s closest international partners. The secure and efficient flow of goods and people across our border … remains essential for the economies of both countries,” she said in a statement.
“By resisting tariffs and trade barriers that will only raise prices and hurt consumers in both countries, Canada and the United States can strengthen resilient cross-border supply chains that enhance our shared economic security.”
This report by The Canadian Press was first published Nov. 6, 2024.
