Skip to main content

Featured

Canadian Money Brief: 5 Things to Know Today — May 18, 2026

  A quick scan of the five stories shaping your wallet right now — from the Bank of Canada's next big decision to your mortgage renewal and a brand-new federal agency hunting financial criminals. 1 Bank of Canada Rate Holds at 2.25% — Next Decision Is June 10 The Bank of Canada kept its overnight policy rate steady at 2.25% at its April 29 meeting, citing a rise in energy-driven inflation and ongoing uncertainty from U.S. tariffs. Governing Council held firm while acknowledging a rate hike could become necessary if oil-linked price pressures prove persistent. The next announcement lands on Wednesday, June 10, 2026 — mark your calendar. Why it matters: Your variable-rate mortgage, HELOC, and lines of credit are directly tied to this rate. With bank prime rates sitting at 4.45%, every meeting counts. 2 Markets TSX Slips Below 34,000 as Bond Yields Spike The S&P/TSX Composite Index finished last week down close to 2%, sliding under the 34,000 mark. A global bond market selloff...
Post a Comment
Read more

article

Labels

Netanyahu Condemns ICC Ruling, Gains Broad Political Support

 

Israeli Prime Minister Benjamin Netanyahu has strongly denounced the International Criminal Court’s (ICC) decision to issue arrest warrants for him and former Defense Minister Yoav Gallant. Netanyahu labeled the ruling as “anti-Semitic” and “absurd,” asserting that Israel will not succumb to international pressure in defending its citizens.

The ICC’s warrants accuse Netanyahu and Gallant of war crimes related to the recent conflict in Gaza, including allegations of starvation and persecution of Palestinians. The court’s decision has sparked a rare moment of unity among Israeli politicians, with both allies and opponents rallying to Netanyahu’s defense.

Former Prime Minister Naftali Bennett criticized the ICC, calling the warrants a “mark of shame” on the court itself. Opposition leader Yair Lapid described the ruling as a “reward for terrorism,” while Benny Gantz, who briefly joined Netanyahu’s war cabinet, condemned the court’s "moral blindness".

Security Minister Itamar Ben-Gvir suggested a bold response by annexing the occupied West Bank, further intensifying the political discourse.

The ICC’s decision has undoubtedly deepened the diplomatic rift, with Israel and its key ally, the United States, not recognizing the court’s jurisdiction. As the situation unfolds, the international community watches closely, anticipating the potential ramifications on the ongoing conflict and future peace negotiations.


Labels:

Comments

Post a Comment