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

Royal Shockwave: Former Prince Andrew Arrested Amid Epstein-Linked Misconduct Probe

 

Britain's Andrew Mountbatten-Windsor, formerly known as Prince Andrew, looks round as he leaves after attending the Easter Matins Service at St. George's Chapel, Windsor Castle, England, April 20, 2025.                                    

Andrew Mountbatten-Windsor, formerly Prince Andrew, was arrested on Thursday on suspicion of misconduct in public office following renewed scrutiny of his ties to the late financier and convicted sex offender Jeffrey Epstein. The arrest, carried out by Thames Valley Police at the Sandringham estate, marks an unprecedented moment in modern British royal history.

Authorities are investigating allegations that Andrew may have shared confidential information with Epstein during his tenure as the UK's trade envoy. The arrest coincided with his 66th birthday and followed the release of extensive files related to Epstein, intensifying public and political pressure. 

King Charles expressed “deepest concern” and emphasized that “the law must take its course,” underscoring the seriousness with which the monarchy is treating the situation. Police have also conducted searches at multiple properties linked to Andrew as part of the ongoing investigation.

The case continues to unfold, with UK officials reiterating that no individual—royal or otherwise—is above the law. 

Labels:

Comments

Post a Comment