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

UK Blunder: Convicted Asylum Seeker Accidentally Freed from Prison

Ethiopian national Hadush Kebatu was meant to be sent to an immigration detention centre from HMP Chelmsford ahead of a planned deportation on Friday but Justice Secretary David Lammy said the 41-year-old is now "at large" in London.

An Ethiopian asylum seeker convicted of sexually assaulting a teenage girl and a woman in Britain has been mistakenly released from prison, sparking outrage and a nationwide manhunt.

Hadush Gerberslasie Kebatu, 38, was sentenced in September to 12 months behind bars for the assaults, which had already ignited angry protests outside the Bell Hotel in Epping, Essex, where he had been housed with other asylum seekers.

Instead of being transferred to an immigration detention centre for deportation, Kebatu was wrongly freed from Chelmsford Prison. Justice Secretary David Lammy said he was “appalled” by the error and confirmed that an urgent investigation has been launched. Police are now working to track him down, with the Metropolitan Police taking charge of the search.

The case has reignited tensions over immigration policy and detention procedures, with critics calling the release a “serious failure” of the justice system. Families of victims have expressed anger, saying the blunder has left them feeling betrayed and unsafe.

Authorities have urged the public to remain vigilant while the search continues.


Labels:

Comments

Post a Comment