Skip to main content

Featured

TSX Eyes Gains as Trump-Xi Summit Looms and Oil Steadies Near $95

Canadian Money Brief · Monday, May 11, 2026 Canadian equities are set for a cautious but constructive open this Monday as investors balance a packed macro calendar against an energy sector still reeling from one of its most volatile weeks in recent memory. TSX at a Glance The S&P/TSX Composite closed Friday at 34,077.76 , up 221 points (+0.65%) to cap a week dominated by whipsaw oil moves and a fragile Middle East ceasefire. The energy sector has led TSX gains over the past seven days — up roughly 5% — even as WTI crude fell about 7% on the week, settling near $95.42 per barrel . That apparent contradiction reflects Canadian producers' longer-term optimism on supply tightness rather than any single day's price swing. For the year, the TSX is up approximately 35%, outpacing most major global benchmarks. The Big Story: Trump Heads to Beijing All eyes this week will be on Washington and Beijing. President Donald Trump is scheduled to arrive in China on Wednesday , with formal ...
Post a Comment
Read more

article

Labels

Sudan's Famine Crisis Worsens Amid Ongoing Conflict

 

War-hit Sudan is sliding deeper into a famine crisis, with worsening starvation and a surge in acute malnutrition, according to an independent group of food security experts. The Integrated Food Security Phase Classification (IPC) has identified famine in five areas, including the Zamzam camp in North Darfur, where about half a million people are taking refuge. The crisis has been exacerbated by a 20-month civil war between the military and the paramilitary Rapid Support Forces (RSF), which has led to one of the world's worst humanitarian crises.

The IPC report highlights that 24.6 million people, about half of Sudan's population, urgently need food aid. The conflict has severely disrupted farming activities, resulting in farmers abandoning their crops and widespread looting. The situation is particularly dire in Darfur and South Kordofan, where violence has led to scores of civilian casualties and displacement.

The Sudanese government has suspended its cooperation with the IPC, accusing it of issuing unreliable reports. However, the IPC warns that without an end to the conflict, the situation could worsen, with famine potentially spreading to additional areas.

The international community continues to call for urgent humanitarian aid and a peaceful resolution to the conflict to prevent further suffering and loss of life.




Labels:

Comments

Post a Comment