Skip to main content

Featured

Oil Just Hit $110 — Could Canada's Energy Boom Offset the Tariff Pain?

  Published September 13, 2026 · 6 min read Brent crude touched nearly $110 US a barrel when trading opened Friday morning — its highest level since the spring — as renewed Iran-linked strikes on Saudi energy infrastructure rattled global supply. It settled back down to close the week around $104.61, but the direction of travel has been unmistakable: oil is up roughly 9-10% in the past week alone. That's bad news at the pump. But according to a CBC News analysis published this morning, it might not be bad news for Canada's economy overall. The argument: the roughly 0.5% hit to GDP from Trump's tariffs could be more than offset by the windfall Canada earns as one of the world's biggest oil exporters. For a personal finance reader, that's really two separate stories — one that costs you money, and one that might be quietly making some of your money back. Here's how to think about both sides of your own ledger. Why oil is spiking again The latest leg up traces to ...
Post a Comment
Read more

article

Labels

Former UK Minister Lord Mandelson Arrested Amid Epstein File Revelations

 

Peter Mandelson has been arrested at his home in Camden Town on suspicion of misconduct in public office.



British political figure Lord Peter Mandelson has been arrested in London on suspicion of misconduct in public office following newly released documents linked to the Jeffrey Epstein investigation. According to multiple reports, the former Labour minister and ex‑U.S. ambassador is alleged to have passed sensitive or market‑moving government information to Epstein during his time in office. 

Metropolitan Police officers detained the 72‑year‑old at his London home, where he was taken in for questioning. The allegations stem from emails dating back to 2009 that appear to show Mandelson sharing confidential assessments with Epstein, a convicted sex offender who died in 2019. 

The arrest follows the recent release of U.S. Department of Justice files related to Epstein, which have triggered renewed scrutiny of several high‑profile figures. Authorities are investigating whether Mandelson leaked market‑sensitive information during the global financial crisis, a claim he has previously denied. 

As the probe continues, Mandelson has not issued a public statement, though sources close to him maintain he did not act criminally or for personal financial gain. 

Labels:

Comments

Post a Comment