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  Tuesday, August 18, 2026 Tomorrow is the deadline day everyone's been counting down to, oil just hit its highest level in weeks, and gold won't quit. Here's what's actually moving your money today — and what to do about it. 1. Canada's Tariff Deadline Is Tomorrow — and There's Still No Deal The U.S. deadline for a new 50% tariff on a broad slate of Canadian goods — dairy, alcohol, and a long "motor vehicles" list that actually covers electronics, furniture, building materials, plastics, clothing, footwear, toys, machinery, cosmetics and agricultural goods — hits at 12:01 a.m. ET Wednesday, August 19. Canada's top negotiators, Dominic LeBlanc and Janice Charette, spent the weekend in Washington meeting U.S. Trade Representative Jamieson Greer, but the session wrapped Sunday without an announcement. LeBlanc's only comment on his way out: "we're going to continue working. Our job is not yet done." Unlike most past rounds, CUSMA eli...
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Battles Rage Around Rafah After US Halts Some Weapons to Israel

 

In the ongoing conflict between Israel and the Palestinian Islamist group Hamas, the southern Gaza city of Rafah has become a focal point. Here’s a brief overview of the situation:

  1. US Halts Shipment of Powerful Bombs:

    • As Israeli troops battled Hamas on the outskirts of Rafah, the United States made a significant move by halting a shipment of powerful bombs that Israel could potentially use in a full-scale assault.
    • This decision aims to prevent civilian casualties and further escalation in the region.

  2. Ceasefire Talks in Cairo:

    • Ceasefire negotiations have resumed in Cairo, with delegations from Hamas, Israel, the US, Egypt, and Qatar participating.
    • The remaining differences between Israel and Hamas are being addressed, and there is optimism that the Palestinian militant group’s latest ceasefire proposal can bridge the gaps.
    • CIA Director Bill Burns is also involved in these talks, traveling from Cairo to Israel to meet with Israeli Prime Minister Benjamin Netanyahu and officials.

  3. Challenges and Warnings:

    • Israel declared Hamas’ three-phase proposal unacceptable due to softened terms, but the revised proposal suggests that the remaining gaps can be closed.
    • Hamas warns that continued Israeli military aggression in Rafah could jeopardize any truce agreement.
    • The situation remains tense, with both sides closely monitoring developments.

  4. Humanitarian Impact:

    • The seizure of the main border crossing between Gaza and Egypt in Rafah has cut off a vital route for aid into the enclave.
    • Hundreds of thousands of displaced Palestinians in Gaza are facing homelessness and hunger.

In summary, the battles in Rafah continue, and the US’s decision to halt weapon shipments underscores the urgency of finding a peaceful resolution. The world watches as negotiations unfold, hoping for a breakthrough that will spare lives and bring stability to the region.


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