Skip to main content

Featured

Oil Surges Past $103 as TSX Extends Losing Streak

  Markets are lower this morning as oil surges past US$103 and tech stocks remain under pressure, with the TSX coming off a fourth straight decline. Below is your ready-to-publish Canadian Money Brief update for April 29, 2026 , built from today’s market data and news. TSX slips as oil spikes and global tensions rise The S&P/TSX Composite opened at 33,584 , down 0.69% from yesterday’s close as weakness in tech and materials continues to weigh on the index. Rising geopolitical tensions and renewed uncertainty around the Iran conflict have pushed WTI crude above US$103 , lifting Canadian energy names but not enough to offset broader declines.  U.S. markets are also softer, with the S&P 500 down 0.49% and tech stocks retreating amid renewed AI growth concerns.  Oil rallies on OPEC turmoil Crude prices are up more than 3% , driven by the UAE’s announcement that it will exit OPEC and by expectations of prolonged supply disruptions tied to the Iran war.  ...
Post a Comment
Read more

article

Labels

US to Repatriate Survivors of Caribbean Drug Vessel Strike to Ecuador and Colombia

                                            U.S. President Donald Trump     


The United States will return two survivors of a military strike on a suspected drug-carrying vessel in the Caribbean to their home countries of Ecuador and Colombia, President Donald Trump announced on Saturday.

The strike, carried out Thursday, targeted what Trump described as a “drug-carrying submarine” believed to be transporting fentanyl and other narcotics toward the United States. Two people were killed in the attack, while the surviving pair were rescued by U.S. forces and later transferred to a Navy ship for medical treatment.

Trump said the decision to repatriate the survivors avoids a prolonged legal battle in the U.S. and ensures they face detention and prosecution in their countries of origin. “Under my watch, the United States of America will not tolerate narcoterrorists trafficking illegal drugs, by land or by sea,” he declared in a social media post.

The incident marks at least the sixth U.S. strike on suspected narcotics vessels in the Caribbean since early September, underscoring the administration’s intensified campaign against drug cartels operating in the region.


Labels:

Comments

Post a Comment