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  Wednesday, July 8, 2026 Global markets are on edge this morning after U.S. President Donald Trump told reporters at the NATO summit in Ankara, Turkey, that he believes the ceasefire between the United States and Iran is “over,” following renewed strikes in the Middle East. The comments came after the U.S. carried out fresh strikes on Iran overnight in response to attacks on three commercial vessels in the Strait of Hormuz, and Iran's Revolutionary Guard said it struck American targets in Bahrain and Kuwait in retaliation. The escalation has sent oil prices sharply higher, pulled North American futures lower, and pushed government bond yields up around the world. 🍁 Canada: TSX Closes Higher, Energy in Focus at the Open The S&P/TSX composite index closed Tuesday's session up 60.27 points at 35,272.59, outperforming its U.S. counterparts as a rotation into energy and financials offset weakness tied to the global tech selloff. With crude prices spiking again overnight on the...
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Tragedy in Gaza: Israeli Airstrike Hits School, Killing 30 Including Children

 

In a devastating incident on Saturday, an Israeli airstrike targeted a school in Deir al-Balah, Gaza, which was being used as a shelter by displaced Palestinians. The attack resulted in the deaths of at least 30 people, including several children.

The school, which housed thousands of people seeking refuge from ongoing conflict, was struck amidst escalating tensions. According to Gaza’s Health Ministry, the victims included seven children and seven women. The injured were rushed to Al Aqsa Hospital, where the scene was described as chaotic and heart-wrenching.

Israel’s military stated that the strike aimed at a Hamas command center allegedly used for storing weapons and planning attacks. However, Palestinian officials and humanitarian organizations have condemned the attack, highlighting the severe impact on civilians.

This tragic event has intensified calls for a ceasefire, with international mediators from the U.S., Egypt, Qatar, and Israel scheduled to meet in Italy to discuss potential resolutions. The ongoing conflict continues to take a heavy toll on the civilian population, with urgent appeals for peace and humanitarian aid growing louder.


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