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Greek Tanker Struck by Missile in Black Sea, Crew Emerges Unharmed

  A Greek‑flagged tanker sailing near the Russian port of Novorossiysk was struck by a missile but remained operational, and all 24 crew members were confirmed safe.   A Greek‑owned and Greek‑flagged tanker sustained material damage after being hit by a missile while sailing approximately 14 nautical miles off the Russian port of Novorossiysk in the Black Sea. According to authorities, the vessel—operated by Maran Gas Maritime—was not carrying cargo at the time of the strike and continued to navigate safely following the incident.  All 24 crew members on board, including ten Greek nationals, thirteen Filipinos, and one Romanian, were reported to be in good health. The impact caused damage to the starboard side of the ship, but no assistance or towing was required. The tanker remained fully operational, and no environmental pollution was reported.  Greek officials have condemned the attack as dangerous and unacceptable, noting that the incident occurred amid height...
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TSX set to end the year on a positive note amid global recovery hopes

The Toronto Stock Exchange (TSX) is expected to open higher on Friday, the last trading day of 2023, as investors remain optimistic about the global economic recovery from the pandemic.

The TSX closed at a record high of 23,456.78 on Thursday, boosted by gains in energy, financials, and materials sectors. The index has risen more than 20% this year, outperforming its U.S. peers, as Canada’s economy rebounded from the COVID-19 crisis.

The positive sentiment was also supported by the latest data showing that Canada’s GDP grew by 0.4% in October, beating expectations of a 0.2% increase. The growth was driven by the services sector, which expanded by 0.6%, while the goods-producing sector contracted by 0.1%.

On Friday, the TSX futures were up 0.3% at 7:30 a.m. ET, indicating a higher open for the cash market. The Canadian dollar was trading at 79.32 U.S. cents, slightly lower than Thursday’s close of 79.36 U.S. cents.

Meanwhile, the U.S. stock futures were also pointing to a higher open, as Wall Street looked to end the year with record highs. The Dow Jones Industrial Average, the S&P 500, and the Nasdaq Composite have gained 18.7%, 26.9%, and 21.4% respectively this year, as the U.S. economy recovered from the pandemic-induced recession.

The U.S. markets will close early at 1 p.m. ET on Friday, while the TSX will close at its regular time of 4 p.m. ET. Both markets will be closed on Monday, January 1, 2024, for the New Year’s Day holiday.

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