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...

article

Ukraine’s Neptune Missiles Strike Novorossiysk Port, Damaging Key Russian Infrastructure

 


Ukraine's President Volodymyr Zelenskiy awards a Ukrainian serviceman while he visits a command position of the 65th Separate Mechanized Brigade 'Velykyi Luh' at a front line, amid Russia's attack on Ukraine, in Zaporizhzhia region, Ukraine November 13, 2025.


Ukrainian forces carried out a significant overnight strike on Russia’s Black Sea port of Novorossiysk, using domestically produced Neptune cruise missiles. The attack, which took place on the night of November 13–14, 2025, targeted strategic military and energy facilities in the port city of Krasnodar Krai.

According to Ukraine’s General Staff, the strike damaged valuable port infrastructure, including the Sheskharis oil terminal, a launcher from Russia’s S-400 air defense system, and a missile storage site. The latter reportedly detonated, causing fires across the port area. Video footage and reports confirmed that drones accompanied the missile barrage, amplifying the destruction.

President Volodymyr Zelenskyy described the operation as a “justified response” to Russia’s ongoing terror campaign, noting that Ukraine’s long-range Neptune systems are delivering increasingly precise results. The Neptune-MD, a modified version of the R-360 anti-ship missile, has a range of up to 1,000 km (621 miles), enabling Ukraine to strike deep into Russian territory.

The Novorossiysk port is one of Russia’s most important Black Sea facilities, serving as a hub for oil exports and naval operations. The strike triggered a state of emergency, with fires reported at oil and container terminals. Analysts suggest the attack is part of Ukraine’s broader strategy to undermine Russia’s energy export capacity and naval dominance in the Black Sea.

Meanwhile, Russia responded with a massive aerial assault on Kyiv, launching 430 drones and 18 missiles, which killed at least six people and injured dozens. The exchange highlights the escalating intensity of the conflict, as both sides target critical infrastructure to weaken each other’s war effort.

Ukraine’s successful use of Neptune missiles against Novorossiysk marks a new phase in the war, demonstrating Kyiv’s ability to strike strategic assets far beyond the front lines. The full extent of the damage to Russia’s port facilities is still being assessed, but the attack underscores Ukraine’s growing long-range strike capabilities.


Comments