WINNIPEG – The following is a glance at the news moving markets in Canada and globally.
– The Rafah border crossing, which allowed people to cross from Gaza into Egypt, was closed on Wednesday due to a “security circumstance” according to the United States State Department. As a result, no Canadians were able to leave the Gaza Strip on Wednesday. Israeli airstrikes pounded Gaza City on Thursday while ground forces fought Hamas militants just a short distance from the Shifa Hospital, Gaza’s largest. In Paris, mediators continued to negotiate for a three-day ceasefire in exchange for the release of a dozen hostages held by Hamas, according to officials. The deal is being brokered by the United States, Egypt and Qatar.
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– A Russian missile hit a Liberian-flagged freighter in the Ukrainian port of Odesa on Thursday, killing a port worker and injuring another as well as three Filipino crew members, according to Ukraine’s armed forces. The country’s infrastructure minister said the ship was intended to carry iron ore to China.
– SAG-AFTRA, the union representing Hollywood actors, reached a tentative agreement with the Alliance of Motion Picture and Television Producers (AMPTP) on Wednesday, with the 118-day work stoppage officially ending Thursday morning. The agreement, valued at more than US$1 billion, included increased minimum salaries, a “streaming participation” bonus and protections against unauthorized use of images generated by artificial intelligence.