Skip to main content

Featured

TSX Steadies After Bond Rout | Canadian Money Brief — May 19, 2026

  TSX Steadies After Bond Rout — But Iran Uncertainty Keeps a Lid on Gains Canadian equities attempt a cautious bounce this morning after last week's sharp sell-off. Oil near US$100 props up energy shares, while gold cools in Canadian-dollar terms and the loonie holds a fragile grip at 72–73 cents US. Canadian Money Brief  ·  moneysavings.ca  ·  May 19, 2026 TSX ~34,020 ▲ Recovering CAD/USD $0.727 → Flat WTI Oil ~US$100 ▲ Elevated Gold (CAD) ~$6,243/oz ▼ Pullback BoC Rate On Hold → Patient Overview Canadian markets opened cautiously higher this Tuesday after the S&P/TSX Composite suffered its worst single-session drop in weeks on Friday, closing at 33,833 — a decline of 1.27% — as a global bond-market selloff combined with stalled US–Iran negotiations hammered sentiment. Today's session opened around 34,027 , with the index trading in a tight range of roughly 33,745 to 34,175, suggesting investors are rebuilding positions but remain wary. The dominant story...
Post a Comment
Read more

article

Labels

E1 Settlement Approval Deepens Rift Over Two-State Solution

 

Israeli Finance Minister Bezalel Smotrich gestures, on the day of a press conference regarding settlements expansion for the long-frozen E1 settlement, that would split East Jerusalem from the occupied West Bank, near the Israeli settlement of Maale Adumim in the Israeli-occupied West Bank. 


In a move drawing sharp international condemnation, Israel has granted final approval for the long-disputed E1 settlement project in the occupied West Bank — a development critics say could effectively sever the territory and extinguish prospects for a Palestinian state.

The plan, championed by Finance Minister Bezalel Smotrich, calls for the construction of roughly 3,400–3,500 housing units linking the Maale Adumim settlement to Jerusalem. Supporters within Israel’s right-wing coalition frame it as a strategic safeguard for national security and a fulfillment of long-standing political promises. Smotrich declared, “The Palestinian state is being erased from the table, not with slogans but with actions”.

Opponents — including the United Nations, European governments, and Palestinian leaders — warn the project will bisect the West Bank, isolate Palestinian communities, and undermine the geographic continuity essential for a viable two-state solution. The German government reiterated that such settlement activity violates international law, while the UN cautioned it would “drive a stake through the heart” of peace efforts.

The E1 plan, frozen in previous years under U.S. and European pressure, could see infrastructure work begin within months and home construction within a year. Its approval comes amid heightened tensions in the West Bank and ongoing conflict in Gaza, further complicating the already fragile path toward a negotiated resolution.

Labels:

Comments

Post a Comment