Skip to main content

Featured

Weekly Market Snapshot: Mideast Tensions and Chip Selloff Rattle Global Markets (July 13–17)

  Week of July 13–17, 2026 It was a rough week to be a tech investor and a good week to own oil. Escalating conflict between the US and Iran pushed crude sharply higher and rattled global markets, while a fresh wave of selling in semiconductor stocks dragged US and Asian indices lower. Closer to home, the Bank of Canada held its key rate steady, and the TSX—less exposed to chipmakers—held up noticeably better than its US and Asian peers. Here’s how the week broke down across every major market, and what it means for your wallet. 🇨🇦 Canada: TSX Day Close Change Mon, Jul 13 35,252.72 -0.15% Wed, Jul 15 (BoC day) 35,416.20 +0.27% Thu, Jul 16 35,340.15 -0.21% Fri, Jul 17 ~35,262 -0.22% Week total (Fri-to-Fri) — ~flat (about -0.1%) The TSX had a choppy but ultimately quiet week compared with its global peers. Monday's session opened with the Strait of Hormuz blockade headlines and closed lower. Wednesday brought a relief rally after the Bank of Canada's rate hold, with financials ...
Post a Comment
Read more

article

Labels

Pentagon Under Scrutiny After Video Reveals Second Strike on Shipwrecked Suspects

File photo: A US military strike on a Venezuelan drug cartel vessel that had been on its way to the United States according to President Trump.

The Pentagon is facing mounting legal and ethical questions after newly surfaced footage appeared to show U.S. forces conducting a second strike on suspected drug traffickers who had already been shipwrecked.

The video, which has circulated widely online, depicts an initial strike against a vessel allegedly carrying narcotics, followed by a subsequent attack on survivors stranded in the water. Legal experts argue that the second strike could violate international humanitarian law, which prohibits targeting individuals who are hors de combat—those incapacitated or no longer posing a threat.

Human rights advocates have called for a transparent investigation, stressing that the footage raises serious concerns about rules of engagement and accountability in U.S. military operations. The Pentagon has not yet issued a detailed statement but confirmed that the incident is under review.

The controversy underscores broader debates about the use of force in counter-narcotics missions and the balance between national security objectives and adherence to international law.


Labels:

Comments

Post a Comment