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Transatlantic Tensions Shake Global Markets After New Tariff Threats

                                                 The Pituffik Space Base (formerly Thule Air Base) in Greenland Global markets faltered as fresh tariff threats from U.S. President Donald Trump reignited fears of a renewed trade clash between Washington and key European partners. The announcement targeted several EU nations and immediately sent shockwaves through equities, currencies, and commodities. European stocks opened sharply lower, with export‑heavy sectors—particularly autos, luxury goods, and industrials—bearing the brunt of the selloff. Major multinational firms saw billions wiped from their market value within hours as investors braced for potential retaliatory measures from Brussels. The proposed tariffs, set to begin at 10% and potentially rise to 25% later in the year, stem from escalating geopolitical disagreements that have st...
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GTA under winter weather travel advisory with storm expected to dump up to 10 cm of snow

 

The Greater Toronto Area (GTA) is under a winter weather travel advisory as a storm is expected to dump up to 10 cm of snow. 

Environment Canada has issued travel advisories for nearly the whole Golden Horseshoe, with snow expected to start falling in the late afternoon or early evening. Winds of up to 70 km/h mixed with the falling snow could significantly reduce visibility for drivers. 

The snow is expected to transition to rain later tonight or early Saturday morning as temperatures rise above freezing. The TTC says it will deploy extra employees and maintenance vehicles through the transit system to spread salt, clear snow from surfaces, and keep signals, switches and overhead power operating in the event of the storm on Friday.

 

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