Skip to main content

Featured

Relentless Push: Russia Claims Strategic Edge in Ukraine Offensive

  Servicemen of the 115th Separate Mechanised Brigade of the Ukrainian Armed Forces use an RPG-7 grenade launcher during training between combat missions, in Kharkiv region, Ukraine. Russia’s top military commander, General Valery Gerasimov, has declared that Russian forces are conducting a non-stop offensive along nearly the entire front line in Ukraine, asserting that the “strategic initiative” now lies with Moscow. According to Gerasimov, Russian troops have intensified airstrikes on Ukrainian cities far from the battlefield, including a recent attack on Kyiv that killed at least 23 people and wounded 38. He reported that since March, Russia has seized more than 3,500 square kilometers of territory , captured 149 villages, and now controls the vast majority of the Luhansk, Donetsk, Zaporizhzhia, and Kherson regions. The offensive has also pushed into Ukraine’s southeastern Dnipropetrovsk region, with seven villages reportedly under Russian control. Moscow says it has carried...
Post a Comment
Read more

article

Labels

Tariff Turbulence: Trump’s Trade Salvo Rattles Markets Ahead of Earnings Season

Wall Street and TSX futures dipped Friday morning as President Donald Trump reignited trade tensions with a sweeping new round of tariffs. The U.S. announced a 35% levy on Canadian imports starting August 1, while Trump floated blanket tariffs of 15% to 20% on other trading partners—up from the current 10% baseline.

The move sent Dow, S&P 500, and Nasdaq futures down between 0.5% and 0.7%, with similar declines seen in Canadian TSX futures. Investors, already bracing for next week’s earnings season, are now recalibrating expectations amid heightened trade uncertainty.

Despite the market jitters, analysts noted a growing resilience among investors. The reaction to Trump’s latest tariff barrage was notably more muted than the volatility seen during April’s “Liberation Day” announcements. Still, the timing—just ahead of key corporate earnings and inflation data—adds a layer of complexity to market sentiment.

Meanwhile, cryptocurrency stocks ticked higher, buoyed by Bitcoin’s surge to a new record. And as Wall Street’s big banks prepare to report results next week, all eyes will be on how trade disruptions are reflected in corporate performance.



Labels:

Comments

Post a Comment