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Canada shut its land border to asylum seekers. More refugees came anyway (www.reuters.com)

Canada prides itself on welcoming immigrants and aims to bring in a record half a million new permanent residents in 2025 to deal with an acute labor shortage. But it has sought to discourage those applying for asylum, chiefly through an agreement with the U.S. under which each country turns back asylum seekers....

Breakingviews - Jamie Dimon makes anxiety a feature not a bug (www.reuters.com)

In defiance of external ructions, JPMorgan reported a 22% yearly increase in earnings for the three months ended Sept. 30, including a 40% return on equity in its giant consumer bank. Its future is also rosy. Despite sharp rate hikes and softening household finances, the lender raised its interest-income forecast for 2023, while...

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