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Lebanon Seeks to Distance State from Hezbollah After Cyprus Drone Incident

                                                         File photo: Youssef Ragg Lebanon has urged Cypriot authorities and the public not to conflate the Lebanese state with Hezbollah following a drone strike that originated from Lebanese territory and hit Cyprus six days earlier. Lebanese Foreign Minister Youssef Raggi emphasized that the attack was carried out independently by Hezbollah and does not reflect the policies, values, or intentions of the Lebanese government.  Raggi stressed that Lebanon rejects any attempt to use its territory for external agendas and reiterated that Hezbollah’s actions fall outside the state’s legal authority. He called on Cyprus to distinguish between the official Lebanese government and groups operating autonomously, noting that Lebanon has consistently affirmed its sovereignty ...
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TSX Slips Amid Geopolitical Jitters Over U.S. Role in Middle East Tensions

Canada’s main stock index edged lower Thursday as investors grew increasingly uneasy over the potential for U.S. military involvement in the escalating conflict between Israel and Iran. The S&P/TSX Composite Index dipped modestly, reflecting broader market caution as global tensions rattled investor confidence.

While energy stocks showed some resilience—buoyed by rising oil prices due to fears of supply disruptions in the Middle East—other sectors struggled to maintain momentum. The uncertainty surrounding U.S. foreign policy, particularly President Trump’s ambiguous stance on joining Israel’s military campaign, has added a layer of volatility to already fragile markets.

Trading volumes remained light, with U.S. markets closed for the Juneteenth holiday. Investors are also bracing for upcoming Canadian retail sales data, which could offer further insight into domestic economic resilience amid global instability.


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