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5 Things to Know Today — September 22, 2026

  September 22, 2026 BoC hike odds reach a coin flip. Oil retreats from four-month highs. Trump's Belarus potash play draws fire. A new federal bill speeds up major projects — with strings attached. Here's what moves your money today. 1. BoC October Hike Is Now a Coin Flip The Bank of Canada next meets October 28 , and markets are evenly split on whether it will raise rates for the first time since cutting to 2.25%. The whiplash is largely imported: after the U.S. Federal Reserve hiked 25 basis points to 3.75–4.00% on September 16 in a unanimous 12-0 vote — the first American rate increase since July 2023 — market-implied odds of a matching BoC move jumped from below 10% to roughly 60% in two weeks, according to LSEG Data & Analytics. Before the BoC's September 2 hold, odds of a hold sat at 94%. The 175-basis-point gap between the BoC (2.25%) and the Fed (3.75–4.00%) is the widest since 2022, which puts direct downward pressure on the loonie and upward pressure on Ca...
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World Court Orders Israel to Address Gaza Famine: Urgent Measures Required

In a unanimous ruling, the International Court of Justice (ICJ) has ordered Israel to take immediate and effective action to ensure that basic food supplies reach the Palestinian population in Gaza without delay. The situation in Gaza has reached a critical point, with worsening conditions of life, famine, and starvation spreading among the population.

The ICJ’s order comes in response to a request by South Africa, which is part of an ongoing case accusing Israel of state-led genocide in Gaza. The court had previously ordered Israel to refrain from acts that could fall under the Genocide Convention and to prevent genocidal acts against Palestinians in Gaza. Now, the court has reaffirmed those measures and added new requirements.

Key Measures Ordered by the ICJ:

  1. Unhindered Provision of Basic Services: Israel must ensure the uninterrupted provision of essential services, including food, water, electricity, and medical supplies to Palestinians throughout Gaza.

  2. Increased Capacity and Number of Land Crossings: The court specifically calls for Israel to increase the capacity and number of land crossing points, keeping them open for as long as necessary. This move aims to facilitate the efficient transfer of humanitarian aid.

  3. Reporting Requirement: Israel is required to submit a report within a month detailing how it has implemented the court’s ruling.

The urgency of this situation cannot be overstated. The people of Gaza are facing not just a risk of famine but an actual crisis. The ICJ’s ruling emphasizes the need for immediate action to prevent further suffering and loss of life.

As the international community watches, Israel’s compliance with these orders will be closely monitored. The hope is that these measures will alleviate the suffering of the Palestinian population in Gaza and prevent further tragedy.


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