Skip to main content

Featured

5 Things to Know Today — September 22, 2026

  September 22, 2026 BoC hike odds reach a coin flip. Oil retreats from four-month highs. Trump's Belarus potash play draws fire. A new federal bill speeds up major projects — with strings attached. Here's what moves your money today. 1. BoC October Hike Is Now a Coin Flip The Bank of Canada next meets October 28 , and markets are evenly split on whether it will raise rates for the first time since cutting to 2.25%. The whiplash is largely imported: after the U.S. Federal Reserve hiked 25 basis points to 3.75–4.00% on September 16 in a unanimous 12-0 vote — the first American rate increase since July 2023 — market-implied odds of a matching BoC move jumped from below 10% to roughly 60% in two weeks, according to LSEG Data & Analytics. Before the BoC's September 2 hold, odds of a hold sat at 94%. The 175-basis-point gap between the BoC (2.25%) and the Fed (3.75–4.00%) is the widest since 2022, which puts direct downward pressure on the loonie and upward pressure on Ca...
Post a Comment
Read more

article

Labels

Aid Turns to Tragedy: 32 Killed in Gaza Amid Humanitarian Struggle

 

At least 32 Palestinians were killed early Saturday when Israeli troops opened fire near aid distribution sites in southern Gaza, according to the Gaza Health Ministry and Nasser Hospital in Khan Younis. The victims were reportedly seeking food from hubs operated by the U.S.- and Israeli-backed Gaza Humanitarian Foundation (GHF), which has become a focal point in the territory’s deepening humanitarian crisis.

Eyewitnesses described scenes of chaos and panic as crowds gathered in the Teina area, roughly three kilometers from a GHF site. “They encircled us and started firing directly at us,” said one survivor, while another claimed the gunfire was “targeted to kill”. The Israeli military stated it had fired warning shots at individuals who approached its forces and ignored calls to stop, noting the incident occurred before the aid sites opened.

GHF denied any incidents at its distribution centers, emphasizing that the fatalities occurred hours before operations began and far from their locations. However, the U.N. has raised concerns about the safety of GHF’s model, citing hundreds of deaths near aid sites in recent weeks.

The tragedy underscores the dire conditions in Gaza, where over 58,000 Palestinians have died since the war began in October 2023, and nearly the entire population has been displaced. Talks between Israel and Hamas continue in Qatar, but no breakthrough has been reported.


Labels:

Comments

Post a Comment