Global Markets: Israel squeezing Gaza from north and south

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Published: May 13, 2024

By Phil Franz-Warkentin

 

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally.

 

  • Israeli forces pushed into northern and southern regions of Gaza on Monday, intensifying the humanitarian crisis for the hundreds of thousands of Palestinians fleeing the fighting.

 

  • The value of building permits issued in Canada decreased by 11.7 per cent in March compared to the previous month, hitting C$10.5 billion, according to a report from Statistics Canada. The non-residential sector was down by 16.7 per cent at C$4.0 billion, while the residential sector decreased by 8.3 per cent at $6.5 billion.

 

  • Donald Trump’s former lawyer Michael Cohen is expected to give testimony at the former president’s trial in New York on Monday. Cohen worked for Trump’s real estate company for nearly a decade.

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