CFI backs community-led research in the North with $10 million in investments
New Northern Fund advances health and environmental management research while supporting regional economies Read More
Three Indian Tankers Reemerge, Pointing to Hormuz Traffic Uptick
(Bloomberg) — Three fully laden India-linked supertankers have re-emerged in the Gulf of Oman, adding to increased observed bi-directional traffic across the northern and southern routes of the Strait of Hormuz even as conflicting narratives over the status of transits persist. Read More
Fed’s Favorite Gauge Is Seen Showing Faster Inflation
(Bloomberg) — The latest update to the Federal Reserve’s favorite inflation gauge is unlikely to challenge a growing consensus at the US central bank around the need for interest-rate hikes this year. Read More
Osten & Victor Alberta Tennis Centre announces expansion as it celebrates 10 years of community impact
Proposed expansion will increase year-round access to tennis while building on a decade of service to Calgarians and Albertans Read More
Ukraine Targets Oil Refinery 2,000 Kilometers Inside Russia
(Bloomberg) — Ukraine targeted the Tyumen oil refinery in Russia’s Ural region, about 2,000 kilometers (1,240 miles) from the Ukrainian border, extending Kyiv’s campaign against Russia’s energy infrastructure. Read More
Ships Told They Can Use South Hormuz Route With Signals On
(Bloomberg) — Ships can consider transiting the Strait of Hormuz along the southern route at any time of day with their signals on, a key naval information group said, as energy traders and shipowners look for clues about how quickly and safely Hormuz traffic can return to normal. Read More
Europe’s Stocks Are Back in the Lead as Stagflation Risks Ease
(Bloomberg) — The prospect of peace in the Middle East is setting up European stocks for a standout second half, as investors bet on stronger economic growth and easing inflation. Read More
