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Trump Signals Iran War Deal ‘Soon’ as Strait of Hormuz Stays Open, Easing Market Fears

                                   U.S. President Donald Trump said a deal to end the Iran war could come “soon,”   President Donald Trump said a deal to end the Iran war could come “soon,” a comment that helped calm global markets as the vital Strait of Hormuz remains open to commercial shipping. The waterway, which handles roughly one‑fifth of the world’s oil supply, has been a central concern for investors since the conflict began. With tankers continuing to move through the strait, oil prices have stabilized after weeks of volatility. Analysts note that even the perception of reduced risk in the region can ease pressure on global inflation, particularly in energy‑dependent economies like Canada. For Canadian households, a more stable oil market could help limit further increases in gasoline, transportation, and food costs. Equity markets reacted cautiously but positively,...
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Heatwave Tragedies: Dutch Tourist Found Dead on Greek Island, Others Missing

 

In the scorching heat of a relentless early-summer heatwave, tragedy has struck the idyllic Greek islands. Dr. Michael Mosley’s death made headlines in the UK, but he is not alone. At least four other visitors have lost their lives recently. The heatwave, which meteorologists predict will “go down in history,” has prompted warnings for people to stay indoors between 11 am and 3 pm.

The Acropolis in Athens closed, schools and nurseries shut, and temperatures soared to a blistering 43°C in some places. Greece faces its longest recorded heatwave, lasting 16 days. Experts fear this could be a grim sign of summers to come, with the country on the frontline of global warming.

Tourists have fallen victim to the extreme conditions. On the island of Symi, Dr. Mosley was found dead after a hike in scorching heat. Meanwhile, an American tourist’s body was discovered on the small Greek island of Mathraki. And on Samos, a 74-year-old Dutch tourist vanished while hiking. His body was later found in a gorge.

Let us remember these lives lost and heed the warnings as temperatures continue to rise

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