Skip to main content

Featured

5 Things to Know Today — September 24, 2026

  Thursday, September 24, 2026 5 Things to Know Today Bond yields are hitting levels not seen in decades, Trump and Xi just extended a trade truce, and the Bank of Canada is mired in a near-100-day strike. Here's what Canadians need to know this morning. 1 · Markets TSX Sinks as Bond Yields Hit Multi-Decade Highs The TSX dropped 584 points on Wednesday — a 1.61% slide — closing at 35,751.43 and breaking through its 25-day and 50-day moving averages. It was the worst single-session performance in weeks, reversing three straight days of gains. The selloff was driven by rising energy prices and a global bond market rout that has sent U.S. 10-year Treasury yields toward 5.1%, their highest since 2007, while Canada's 30-year yield hit a level not seen since 2004. Higher yields pull money out of equities and push up borrowing costs across the board. Big bank stocks led the decline — RBC fell 2%, TD dropped 2.4%, BMO shed 2%, and Scotiabank retreated 1.6% — while gold miners added to ...
Post a Comment
Read more

article

Labels

Trump's Greenland Gambit: Denmark in Crisis Mode After Fiery Call

 

In a dramatic turn of events, Denmark finds itself in "crisis mode" following a contentious phone call between former U.S. President Donald Trump and Danish Prime Minister Mette Frederiksen. The call, which lasted 45 minutes, saw Trump making a direct and aggressive push to acquire Greenland, a move that has left Danish officials deeply unsettled.

Sources familiar with the conversation described it as "horrendous," with Trump being firm and confrontational. The Danish government, which had previously dismissed Trump's interest in Greenland as a mere curiosity, is now taking the threat seriously. One official likened the call to a "cold shower," emphasizing the potential danger of the situation.

Despite Frederiksen's clear stance that Greenland is not for sale, Trump remained adamant about his intentions. The call has not only strained diplomatic relations but also heightened concerns about the future of Greenland's autonomy. Danish officials are now scrambling to address the fallout and reassure their citizens and allies.

The situation underscores the complexities of international diplomacy and the unpredictable nature of geopolitical negotiations. As Denmark navigates this crisis, the world watches closely, aware that the implications of this standoff could extend far beyond the icy shores of Greenland.

Labels:

Comments

Post a Comment