Skip to main content

Featured

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...

article

Toronto Highrise Fire Leaves Hundreds Without Homes Amid Uncertain Timeline

Fire crews are still on scene of a blaze in two connected apartment buildings in Thorncliffe Park but it's not extinguished yet.

Residents of two Toronto apartment towers remain displaced after a stubborn and complex fire forced the evacuation of hundreds of units late last week. Fire crews have been battling the blaze at 11 Thorncliffe Park Drive and 21 Overlea Boulevard since Thursday, but officials say there is still no timeline for when residents will be able to return.

The fire, described by Toronto Fire Chief Jim Jessop as one of the most complex incidents in the city’s history, has proven difficult to extinguish because it is burning inside insulation trapped between the walls of the two highrise buildings. At its peak, crews detected dangerously high levels of carbon monoxide, prompting the evacuation of all 378–408 units across the towers. Thankfully, no injuries have been reported.

Acting Division Commander Robert Hewson noted that firefighters have been “actively fighting a stubborn fire” for days, with progress slowed by the hidden pockets of smouldering material. More than 100 residents have been placed in nearby hotels with support from the Red Cross and the City of Toronto, while others are relying on friends and family for shelter.

Officials continue to investigate the cause of the fire, but for now, displaced residents face an indefinite wait. Many have described the situation as “chaotic” and stressful, as they remain uncertain about when — or how — they will be able to return home.


Comments