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Greece’s Asylum Freeze Sparks Global Outcry Amid Crete Migrant Surge

In a move that has ignited fierce backlash from human rights organizations and the United Nations, Greece has passed legislation temporarily halting asylum applications from migrants arriving by sea from North Africa. The three-month suspension, approved by parliament with 177 votes in favor and 74 against, allows for expedited repatriation without prior identification. Prime Minister Kyriakos Mitsotakis defended the measure as a “difficult but necessary decision” in response to a sharp rise in irregular arrivals, particularly from Libya to the island of Crete. Over 7,000 migrants have reached Crete and nearby Gavdos this year, straining local resources and prompting concerns from the tourism industry. Rights groups, including the International Rescue Committee, have condemned the ban as illegal and inhumane, warning it violates international and European law. The UNHCR echoed these concerns, emphasizing that the right to seek asylum is a fundamental human right regardless of how or wh...
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TSX rises as energy and consumer staples lead




The Toronto Stock Exchange’s S&P/TSX composite index ended up 71.66 points, or 0.3%, at 21,061.88 on Monday, approaching its 20-month high of 21,074.91 reached last week. The energy and consumer staples sectors were the main drivers of the gains, as oil prices recovered some of their losses and investors digested a Bank of Canada business survey.

The survey showed that Canadian firms saw their order books decline as interest rates crimped consumer spending, and they expected inflation to ease despite increased concerns over wages for the next year. The report could keep the door open for interest rate cuts in the first half of the year, according to some economists.

The energy sector rose 0.9% as U.S. crude oil futures settled at $72.50 a barrel, down 0.3%. The consumer staples sector added 0.8%, boosted by shares of Saputo Inc and Loblaw Co, which climbed about 1.6% and 1.5%, respectively. The utilities sector also ended 1.1% higher.

Trading volumes were lower than usual, with U.S. markets closed for the Martin Luther King Jr. Day holiday. On Tuesday, Canada will release its consumer price index report for December, which could offer more clues on the central bank’s policy outlook. Economists expect inflation to rise to 3.4% from 3.1% in November.

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