Lighting storm flashes in the sky over London, ON.
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Lighting storm flashes in the sky over London, ON.
The Federal Reserve’s signal that it will soon unwind its bond buying program is bolstering the case in financial markets for the so-called reflation trade, which lifted Treasury yields and boosted shares of banks, energy firms and other economically sensitive companies in the early months of 2021. Though monetary tightening is frequently seen as a drag on stocks, some investors view the Fed’s stance as a vote of confidence for the U.S. economy. "Normally, a hawkish turn would be bad for risk-on assets, particularly equities... the fact the Fed is putting this out there signals to the market that the economy is on pretty firm footing," said Ralph Bassett, head of North American equities at Aberdeen Standard Investments.
Professor Gordon Houlden of the University of Alberta China Institute discusses the release of Meng Wanzhou and what the resolution means for Canada/China relations.
CORAL GABLES, Fla. (AP) — Bad Bunny is the champion of the Billboard Latin Music Awards, taking home artist of the year honors and a whopping 10 trophies. Among the awards received Thursday by the urban music superstar were Hot Latin Song of the Year for “Dákiti” and album of the year for “YHLQMDLG.” “Thanks always to all the audience for all the support, for supporting the music we make, thanks to all those who worked on this anthem,” said Bad Bunny after receiving the Hot Latin Song award. “Th
News bulletin 2021/09/24 18:46View on euronews
A teenager accused of ramming a stolen car into a Regina police vehicle and nearly hitting two officers made his first appearance in court on Wednesday. The 16-year-old boy faces eight charges, including two counts of assaulting a peace officer with a vehicle. According to the Regina police, a constable with the canine unit was driving north on Broad Street shortly after midnight when a speeding vehicle passed in the opposite direction. A licence plate search indicated the red Hundai Elantra was
Camila Cabello, Bad Bunny, Rosalia and more arrive at the Latin Billboard Awards
SEOUL, South Korea (AP) — The influential sister of North Korean leader Kim Jong Un said Friday her country is willing to resume talks with South Korea if conditions are met, indicating it wants Seoul to persuade Washington to relax crippling economic sanctions. Kim Yo Jong’s statement came days after North Korea performed its first missile tests in six months, which some experts said were intended to show it will keep boosting its weapons arsenal if the U.S.-led sanctions continue while nuclear
The Northwest Territories is reporting 30 new cases of COVID-19 in the past 24 hours. The territorial case count now stands at 255, an increase of 19 since Wednesday. More than 60 per cent of the cases are in Yellowknife, Dettah and Ndilǫ, where there are 160 cases, an increase of 17 from a day earlier, according to a news release from the N.W.T. Office of the Chief Public Health Officer (OCPHO). Public exposure notices in Yellowknife Earlier Thursday, the territory issued public exposure notice
OTTAWA — The Supreme Court of Canada has kept alive the CBC's efforts to unseal evidence pertaining to a now-quashed murder conviction from more than 30 years ago. The top court ruled Friday that the Manitoba Court of Appeal has jurisdiction to reconsider a publication ban on an affidavit in the case of a Manitoba man who spent 23 years in prison for first-degree murder before the decision was overturned. The question of access to records remains open for the appeal court to weigh, even though t
WASHINGTON (Reuters) - "Are we related?" U.S. President Joe Biden asked India's Prime Minister Narendra Modi when they met at the White House on Friday. "Yes!" Modi joked in reply. At the start of his first bilateral White House meeting with Modi as leaders, Biden explained that he had learned about an Indian branch of the Biden family when he was first elected to Congress in 1972 and received a letter from someone called Biden living in Mumbai.
WASHINGTON (AP) — Speaking in personal terms, Interior Secretary Deb Haaland said extensive news media coverage of the disappearance and death of 22-year-old Gabby Petito while on a cross-country trip should be a reminder of hundreds of Native American girls and women who are missing or murdered in the United States. Haaland, the first Native American Cabinet secretary, said that her heart goes out to Petito's family, but that she also grieves for “so many Indigenous women'' whose families have
MONTREAL — The Quebec government will spend another $90 million to hire more than 100 police officers and experts to fight gun-related crime, Public Security Minister Geneviève Guilbault said Friday. Guilbault, surrounded by members of Quebec's various police forces at a news conference in Montreal, said the government's newest initiative to reduce gun violence and gun trafficking will be called Operation Centaur. The money will go toward new equipment and hiring 107 officers and other crime exp
A Nazi death squad member living in Waterloo and facing deportation to Germany has died. Caryn Lieberman reports.
Jetmakers see strong demand for airliners even as the industry braces for tough new environmental measures, but some financiers have raised doubts over forecasts that the $150 billion industry will return to pre-COVID growth in just a few years. Lessors and underwriters of securities that finance aircraft purchases met in London this week to survey COVID damage and contemplate the impact of moves to combat climate change through regulation and new technology. After trimming forecasts at the height of the pandemic, Boeing last week increased its 20-year demand forecast, citing the swift U.S. economic recovery.
COVID-19 vaccination has increased tension in communities across the country, and for some Manitoba parents divided over the issue, it's also led to legal bills. Earlier this week, a court case in Saskatchewan involving divorced parents who couldn't agree on the vaccine issue made national headlines, with the judge ultimately siding with the father, who wanted their 13-year-old daughter to get the shot. In a similar case in Quebec, a Superior Court judge ruled that a mother was allowed to have h
A 19-year-old woman died in single-vehicle crash Friday night in Yarmouth County. Yarmouth RCMP responded to a call on Highway 1 near Darlings Lake at 10:24 p.m. According to a news release, the car was heading south when it struck a guardrail and crashed. The driver from nearby Port Maitland, who was the only occupant of the car, was pronounced dead at the scene. RCMP are investigating. MORE TOP STORIES
An autopsy has confirmed actor Michael K. Williams, who played the shotgun-toting drug dealer Omar Little in the HBO crime drama “The Wire,” died of an overdose of drugs, the New York City medical examiner's office said on Friday. His death was accidental, Julie Bolcer, a spokeswoman for New York City's Office of the Chief Medical Examiner, said in an email. Williams, 54, was found dead in his Brooklyn apartment on Sept. 6, and police sources said at the time that drug paraphernalia was discovered at the scene.
Logan Giesbrecht left his dream job as an emergency room nurse when the mental health strain of an understaffed department became unbearable, even before the pandemic's fourth wave hit and anti-vaccination protesters began gathering outside hospitals. "The biggest frustration, and what I'm taking home from work, was basically doing the job of more than one nurse," said Giesbrecht, who feared low staffing levels would risk patient safety. He quit working at Royal Inland Hospital in Kamloops, B.C.
China is an "arch criminal" intent on bullying Taiwan and has no right to oppose or comment on its bid to join a pan-Pacific trade pact, Taiwan's government said in an escalating war of words over Taipei and Beijing's decision to apply. Chinese-claimed Taiwan said on Wednesday it had formally applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), less than a week after China submitted its application. China's Foreign Ministry said it opposed Taiwan "entering into any official treaty or organisation", and on Thursday Taiwan said China sent 24 military aircraft into the island's air defence zone, part of what Taipei says is an almost daily pattern of harassment.
If Meng Wanzhou resolves the federal charges against her in the U.S. and returns to China, Lynette Ong, an associate professor of political science at the University of Toronto and the Munk School of Global Affairs, says she is 'cautiously optimistic' that will lead to Michael Spavor and Michael Kovrig being allowed to return to Canada from China.(Credit: CBC/Ben Nelms)