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Mojtaba Khamenei’s Rise Sparks Market Turmoil as Hardliners Mobilize

People attend a gathering to support Iran's new supreme leader Mojtaba Khamenei, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 9, 2026.  Iran’s hardline factions mounted a powerful show of support for newly appointed Supreme Leader Mojtaba Khamenei , rallying across Tehran in a display that signaled a tightening of conservative control and diminished hopes for de-escalation in the Middle East.  The demonstrations, marked by mass gatherings and imagery linking Mojtaba to his late father, Ayatollah Ali Khamenei, underscored the regime’s consolidation at a moment of heightened regional conflict.  Analysts warn that the hardliners’ unified backing suggests Iran is unlikely to soften its stance amid ongoing tensions with the U.S. and Israel. Global markets reacted sharply. Fears that prolonged instability could further disrupt energy supplies sent oil prices soaring and triggered steep declines in major stock indices. With one of the most significan...

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Lake-Effect Snow Squalls Grip Southern Ontario After Early Winter Blast


Southern Ontario is bracing for another round of wintry weather as potent snow squalls develop in the wake of a weekend storm. Following widespread snowfall that blanketed the region on Sunday—Toronto recorded its earliest 5+ cm accumulation in over half a century—Arctic air sweeping across the Great Lakes is igniting lake-effect snow bands off Lake Huron and Georgian Bay.

Meteorologists warn that while the heaviest snow will remain confined to traditional snowbelt regions, flurries could drift into the Greater Toronto Area by late Monday, creating unpredictable conditions. Snow squalls are notorious for producing rapidly changing visibility and treacherous roadways over short distances, making travel hazardous for commuters and holiday travelers alike.

In London, Ontario, residents saw 10 cm of snow over the weekend, with forecasts suggesting localized totals could reach up to 35 cm in squall-prone areas. Environment Canada cautions that near-zero visibility and blowing snow are possible, especially as strong northerly winds funnel moisture inland.

This early-season blast has already set records. Toronto’s snowfall marked the earliest November accumulation of 10 cm in more than 50 years, underscoring the unusual nature of this event. While the system itself has moved on, the lingering lake-effect dynamics will keep southern Ontario under winter’s grip until at least Tuesday, when conditions are expected to ease.

For residents, the message is clear: be prepared for sudden weather changes, allow extra travel time, and exercise caution on the roads. Winter may still be weeks away on the calendar, but southern Ontario is already experiencing its icy preview.


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