⭕ [Quick Facts]:

• The US budget deficit has reached $1.1 trillion, a record high over the same period.

• Russia has not been informed of the results of the negotiations between the US and Ukraine, and it is "too early" to discuss a truce.

• The US government faces another shutdown as Democrats and Republicans struggle to reach an agreement.

• Former Bank of England Governor Mark Carney is set to take office as Canada's prime minister on Friday, and the size of his cabinet is likely to be cut in half.

• The Bank of Canada cuts interest rates by 25 basis points as expected, adopting a "cautious" approach to the impact of tariffs.

• The US consumer price index slowed, but underlying concerns remain.

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