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

Title: Escalation in the West Bank: Israeli Settlers Attack Palestinian Towns and Clash with Military


In a recent surge of violence, Israeli settlers attacked two Palestinian towns and clashed with their own military forces in the West Bank. The incidents occurred early Wednesday, following attempts by Israeli police to dismantle an illegal settler outpost in the occupied territory.

According to reports, settlers set fire to property and hurled stones in the towns of Huwara and Beit Furik. Palestinian officials confirmed that one house and two cars were set ablaze in Huwara, a town near Nablus that has previously been targeted by radical settlers. In Beit Furik, settlers torched another property, escalating tensions in the region.

The Israeli military condemned the violence, stating that a group of settlers had confronted both its forces and the police. The military emphasized its strong stance against any form of violence directed at its personnel. The Shin Bet domestic intelligence service and police arrested eight individuals for assaulting security forces and damaging property.

The Palestinian president's office condemned the attacks, highlighting that there had been around 30 settler attacks in the Nablus area within the past month. Spokesman Nabil Abu Rudeineh called on the United States to intervene to prevent further escalation.

This incident is part of a broader surge in violence across the West Bank since the October 7, 2023, attack by Hamas militants on southern Israel, which triggered a wider conflict involving multiple fronts. The United Nations reports that over 700,000 Israeli settlers now live among 3 million Palestinians in the West Bank and East Jerusalem, territories captured by Israel in 1967.


Labels:

Comments

Post a Comment