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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 ...
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Israel’s West Bank Land Registry Move Sparks Palestinian Outrage

 

Israeli's sit on the roof next to a flag, as they monitor a weekly settlers' tour in Hebron, in the Israeli-occupied West Bank, February 14, 2026. 


Israel’s cabinet has approved a plan to formally register land in parts of the occupied West Bank, a step that Israeli officials say will modernize property records and clarify ownership. The initiative would allow the state to designate certain areas as Israeli state land and streamline processes for settlement expansion.

Palestinian leaders have sharply condemned the decision, calling it a “de‑facto annexation” that further entrenches Israeli control over territory they envision as part of a future state. Several Arab governments have also criticized the move, arguing that it violates international law and undermines efforts to revive negotiations.

Supporters within the Israeli government argue that the registration process will reduce legal disputes and bring administrative order to the region. Opponents counter that it accelerates settlement growth and deepens the political divide, raising new concerns about the viability of a two‑state solution.


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