Skip to main content

Featured

TSX Slumps as Central Banks Hold Steady

  Canada’s Main Index Suffers Sharpest Drop Since May The Toronto Stock Exchange’s S&P/TSX composite index fell 169.92 points, or 0.6%, to close at 27,369.96 on Wednesday, marking its steepest single-day decline in ten weeks. The drop followed a record high the previous day, underscoring investor unease as both the U.S. Federal Reserve and the Bank of Canada opted to keep interest rates unchanged. The materials sector led the retreat, sliding 2.1% amid tumbling copper and gold prices. Financials and technology also posted losses, down 0.6% and 0.5% respectively, as eight of the index’s ten major sectors ended in the red. Market sentiment soured after the Fed’s decision to hold rates steady offered no clear timeline for future cuts, disappointing investors hoping for dovish signals. Meanwhile, the Bank of Canada maintained its benchmark rate at 2.75% for the third consecutive meeting, citing reduced risks of a global trade war. Among individual stocks, Capital Power Corp sa...
Post a Comment
Read more

article

Labels

Ukraine and Russia Conduct Major Exchange of Wounded POWs Amid Ongoing Conflict


In a significant humanitarian effort, Ukraine and Russia have exchanged another group of severely wounded and ill prisoners of war. The exchange, which took place on June 12, follows agreements made during recent peace talks in Istanbul.

Ukrainian President Volodymyr Zelensky confirmed that all returning Ukrainian servicemen require medical treatment and will receive the necessary care. The swap included personnel from multiple branches of Ukraine’s military, including the Armed Forces, National Guard, and Border Guard Service. Some of the freed soldiers had been held in Russian captivity for over three years.

Russia’s Defense Ministry stated that its returning troops had crossed into Belarus and were receiving psychological and medical assistance. The exchange is part of a broader agreement that also includes the repatriation of fallen soldiers. On June 11, Ukraine recovered the bodies of 1,212 fallen defenders, while Russia received the remains of 27 soldiers.

This latest exchange marks the second phase of a larger prisoner swap initiative, with both sides continuing negotiations for future releases. While no political breakthrough has been achieved, the ongoing exchanges signal a potential path toward further humanitarian agreements between the two nations.

Labels:

Comments

Post a Comment

Popular Posts