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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.
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
NEW YORK (AP) — Prime Minister Imran Khan sought to cast Pakistan as the victim of American ungratefulness and an international double standard in his address to the United Nations General Assembly on Friday. In a prerecorded speech aired during the evening, the Pakistani prime minister touched on a range of topics that included climate change, global Islamophobia and “the plunder of the developing world by their corrupt elites” — the latter of which he likened to what the East India Company did
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
A former Louisiana State Police trooper has been charged with a civil rights violation for pummeling a Black motorist 18 times with a flashlight — the first criminal case to emerge from federal investigations into troopers' beatings of at least three Black men. A grand jury on Thursday indicted Jacob Brown for the 2019 beating following a traffic stop that left Aaron Larry Bowman with a broken jaw, broken ribs and a gash to his head. Brown was charged with one count of deprivation of rights unde
Parts of the province have already reached their entire September monthly averages, and these incoming bursts of moisture will blow right past them.
The Washington National Cathedral is replacing stained glass windows featuring Confederate symbols with racial-justice themed pieces in a display created by two Black American artists, the site said on Thursday. The announcement by the second largest U.S. cathedral comes a day after Richmond, Virginia, unveiled a new monument commemorating the end of slavery after pulling down a statue of Confederate General Robert E. Lee that had prompted protests over racial injustice. Lee also was featured in stained glass windows that the cathedral removed in September 2017, following white nationalist violence in Charlottesville, Virginia.
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)
News bulletin 2021/09/25 11:45View on euronews
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
While the U.S. Federal Reserve's next top regulatory official is still in the balance, one thing is certain: whoever gets the job will have a jam-packed agenda tackling the gamut, from capital rules and fair lending to digital assets and climate change. Appointed to the Fed board by former Republican President Donald Trump, Randal Quarles will end his term as vice chair for supervision - a powerful role overseeing the country's largest lenders - in October. President Joe Biden has yet to say who would replace him.
As provincial hospitals continue to struggle to meet surging COVID-19 patient demand, they have still not reached the threshold needed to activate the Alberta Critical Care Triage Framework which guides physicians through extremely tough decisions when demand for life-saving treatment outstrips available resources. But that harsh new reality is already facing some U.S. hospitals, where the pandemic is forcing doctors to prioritize patient care. Earlier this month Alaska's largest hospital, Provi
A former Canadian diplomat responds to the news of China releasing Michael Spavor and Michael Kovrig after the extradition case against Meng Wanzhou was ended by a B.C. court.
Anger, frustration at Boston rally as activists, political leaders and natives of Haiti harshly criticize racism in the brutal treatment, swift deportation of Haitian migrants at US-Mexico border (Sept. 24)
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
Ontario's mandatory training program for those who sell, serve, deliver or handle alcohol now includes training on how to recognize and respond to sexual violence in a bar or restaurant setting. Smart Serve Ontario officially launched the new module Friday at an event in Etobicoke, but it said it already started rolling out the training in late spring. "Recognized as the first line of defence within a variety of establishments, bartenders and servers are critical in the protection and wellbeing
An emergency dispatch center doesn’t exactly sound like the most visually exciting place to set an entire film. But the technical limitation of being imprisoned in a soulless office while high stakes action takes place off screen can be an inspired storytelling gimmick in the right hands, as it is in “ The Guilty,” directed by Antoine Fuqua, written by Nic Pizzolatto and starring Jake Gyllenhaal. A remake of a 2018 Danish film by the same name, Fuqua’s “The Guilty” puts the audience in a Los Ang
News bulletin 2021/09/24 18:46View on euronews
The decision to end all COVID-19 restrictions at the end of July was a mistake, according to one of the province's top infectious disease specialists. Dr. Gordon Dow, an infectious disease expert with Horizon Health, acknowledged at a public briefing Friday afternoon that officials underestimated the potential spread of the delta variant when it entered the green phase July 30. "Absolutely, all of us in this room right now, with the evidence of this rapid increase of delta virus in the province,
A social media challenge encouraging students to trash school bathrooms has Calgary school boards trying to flush the problem before it overflows. As part of a TikTok challenge called "Devious Licks," students record themselves vandalizing and stealing items from school washrooms and post it online. "To be blunt, we are tired of repeatedly closing washrooms each and every day," the Calgary Board of Education (CBE) wrote in a statement to parents recently. "It costs us time and money, and inconve