Skip to main content

Featured

TSX Steadies After Bond Rout | Canadian Money Brief — May 19, 2026

  TSX Steadies After Bond Rout — But Iran Uncertainty Keeps a Lid on Gains Canadian equities attempt a cautious bounce this morning after last week's sharp sell-off. Oil near US$100 props up energy shares, while gold cools in Canadian-dollar terms and the loonie holds a fragile grip at 72–73 cents US. Canadian Money Brief  ·  moneysavings.ca  ·  May 19, 2026 TSX ~34,020 ▲ Recovering CAD/USD $0.727 → Flat WTI Oil ~US$100 ▲ Elevated Gold (CAD) ~$6,243/oz ▼ Pullback BoC Rate On Hold → Patient Overview Canadian markets opened cautiously higher this Tuesday after the S&P/TSX Composite suffered its worst single-session drop in weeks on Friday, closing at 33,833 — a decline of 1.27% — as a global bond-market selloff combined with stalled US–Iran negotiations hammered sentiment. Today's session opened around 34,027 , with the index trading in a tight range of roughly 33,745 to 34,175, suggesting investors are rebuilding positions but remain wary. The dominant story...
Post a Comment
Read more

article

Labels

Turmoil in Bangladesh: Prime Minister Sheikh Hasina Resigns and Flees Amidst Protests

 


In a dramatic turn of events, Bangladeshi Prime Minister Sheikh Hasina has resigned and left the country for a “safer place” following weeks of intense anti-government protests. The 76-year-old leader’s departure comes after thousands of demonstrators stormed her official residence, demanding her resignation.

The unrest, which began as a movement against civil service job quotas, quickly escalated into widespread calls for Hasina to step down. The situation reached a boiling point when at least 90 people were killed and hundreds injured in violent clashes between protesters and security forces.

As the protests intensified, the government imposed a nationwide curfew and shut down internet services in an attempt to quell the unrest. However, these measures did little to deter the demonstrators, who continued to march through the streets of Dhaka, chanting slogans and demanding change.

In a televised address, Bangladesh’s military chief, Waker-Uz-Zaman, confirmed Hasina’s resignation and announced that an interim government would take over the administration of the country. The army has been deployed across the capital to maintain order and prevent further violence.

The resignation of Sheikh Hasina marks the end of her 15-year rule, during which she faced numerous challenges and controversies. As Bangladesh navigates this period of political uncertainty, the international community watches closely, hoping for a peaceful resolution to the crisis.

Labels:

Comments

Post a Comment