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Israel Links Return of Lebanese Displaced to Security of Its Northern Communities

                                A dog looks on next to displaced people at the corniche after rainfall, in Beirut, Lebanon. Israel has stated that tens of thousands of displaced Lebanese civilians will not be able to return to their homes in southern Lebanon until Israeli residents evacuated from the country’s north can safely go back to their own communities. The position underscores how deeply intertwined the two displacement crises have become amid ongoing cross‑border hostilities between Israel and Hezbollah. Israeli officials argue that any long‑term arrangement must guarantee security along the northern frontier, where months of exchanges of fire have forced widespread evacuations on both sides. They maintain that Hezbollah’s military presence near the border remains the primary obstacle to restoring stability. Lebanese authorities, meanwhile, have warned that prolonged displacement i...

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Canadian Service Sector Shrinks for Seventh Straight Month in December

 


According to S&P Global Canada services PMI data, the Canadian service sector shrank for the seventh consecutive month in December 2023, as elevated borrowing costs weighed on the housing market. The headline business activity index edged up to 44.6 in December from a near three-and-a-half-year low of 44.5 in November. However, it remained well below the 50 threshold that separates growth from contraction.

The Canadian service sector is a significant contributor to the country’s economy, and its contraction could have far-reaching implications. The sector includes industries such as finance, insurance, real estate, professional services, and retail trade. The contraction of the service sector could lead to a decline in employment opportunities and a decrease in consumer spending.


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