A former Saudi secret service agent has accused the Saudi Crown Prince, Mohammed bin Salman, of conspiring to try to kill him. Saad Aljabri, who has close ties to Western secret services, claimed in a lawsuit in the U.S. that one such attempt was thwarted by Canadian agents in 2018.
The European Commission and the EU Diplomatic Service launched consultations pertaining to the EU policy in the Arctic Region. The main purpose of the consultation is to identify the strengths and shortcomings of the current strategy. The consultations are expected to be completed by November 2020.
Russian scientists at the National University of Science and Technology (MISIS), in collaboration with North Caucasus Federal University, were able to create new technology that is capable of identifying diamonds, their authenticity, and even if they have been heat treated.
The Coronavirus pandemic continues to impact the world. Currently, there are over 14.4 million infected, and over 640,000 deaths around the globe. In the United States, the numbers continue to rise, and many US States rolled back the White House reopening plan to the initial Phase 1.
Mohsen Baharvand, Deputy Foreign Minister of Iran for International and Legal Affairs, announced that the black box of Ukraine International Airlines Flight 752, which was shot down over the skies of Tehran by the Iranian Revolutionary Guard Corps on January 8, has been sent to France.
Realizing how competitive the returns have been and successful over time with the Dogs of the Dow and Dogs of the S&P 500, we launched their brother dog, the Dividend Dog of Canada and wow so far this puppy is barking good.
The performance is too good and too short to benchmark properly. The income is too high to feel completely comfortable yet; when you consider we’re still in a global pandemic this story is just too good to be true, but it is. In the first roughly two months since launch, this Canadian Dogs portfolio is up over 17% (where the Dow Jones ETF is up only 7.6%).
The issue of reading the black box of a Ukrainian passenger plane seems to be coming to an end. French officials have announced that they will begin reading the black box on July 20. The passenger plane was shot down by the Iranian Revolutionary Guard Corps on January 8.
On Monday June 8, Honda was forced to shut down its manufacturing plants around the globe. It forced the employees around the world to be off work. The reason behind the shutdown was a mass-scale cyber attack that affected electronic and computer equipment. It is reprehensible given the fact that world economies continue to suffer due to the coronavirus.
At least 4,000 people turned up for a Black Lives Matter Vigil in Calgary, at Olympic Plaza. People wore T-shirts that read “Being Black is not a crime,” and they chanted “Black lives matter.” The organizers said that the rally was about humanizing those that have been brutalized as their lives are remembered.
China’s authoritative decision to impose a national security law on Hong Kong continues to receive international condemnation, fueled by stern warnings of dire consequences from Western countries. The United Kingdom, United States, Canada, and Australia accused Beijing of violating its international obligations towards Hong Kong.
A Prosecutor investigating the case of a former US Navy officer accused of spying in Russia has requested 18 years in a maximum-security prison for the defendant, Paul Whelan. The trial wrapped up on May 25, 2020. It is expected that the verdict of the marine, who was detained in Moscow 17 months ago, will be announced by the court in June after final submissions.
One person has died after a Canadian Forces Snowbird plane crashed into a residential neighborhood in Kamloops, British Columbia. Another crew member was seriously injured. “It is with heavy hearts that we announce that one member of the CF Snowbirds team has died and one has sustained serious injuries,” the Royal Canadian Air Force said in a tweet.
Nordic Monitor published classified information about surveillance operations by the Turkish intelligence services in the US and other nations around the globe. According to the documentation, the Turkish President has been authorizing intelligence operations to spy on critics of Turkey. The documentation seems to have a stamp from the Turkish government agency established in 2016 under the Turkish National Security Agenda.
Canada’s Prime Minister, Justin Trudeau, announced a ban on the sale, use, and import of about 1,500 kinds of “assault-style” firearms, effective immediately on May 1st. The announcement comes less than two weeks after the Nova Scotia gun massacre, an incident Trudeau called “the deadliest rampage in our country’s history.”
A member of the Canadian Navy has died and five others are missing after a Canadian military helicopter crashed in the Mediterranean Sea yesterday. While confirming the incident, the Canadian Prime Minister Justin Trudeau said of the six people on board, only the body of Sub-Lieutenant Abbigail Cowbrough was found.
The Royal Canadian Mounted Police have been accused of failing to issue a timely public alert during a Nova Scotia shooting spree that left dozens dead. Critics say doing so could have saved lives. The RCMP say it did start the process of issuing an alert, but it took several hours to process it.
At least 19 people have been killed in a 12-hour shooting spree in Portapique, Nova Scotia, in Canada. Among the dead is a member of the Royal Canadian Mounted Police (RCMP), Constable Heidi Stevenson, who had responded to the call of duty. The attack, carried out by a lone gunman, is considered the deadliest in the country’s history.
Canadian Prime Minister Justin Trudeau is responding to economic pressures at the expense of what it has previously claimed about human rights. In what appears to be fears of penalties, and billions of dollars in fines, Canada is lifting a freeze with Saudi Arabia to sell light armored vehicles (LAVs).
The number of infected and mortality form the coronavirus continue to rise. Thus far, the COVID-19 pandemic around the world has not been contained. However, according to Chinese media Wuhan is lifting its restrictions and starting Wednesday April 8th the high speed trains will start running again.
Coronavirus continues to be a global pandemic, effecting global economies, while also being responsible for many deaths around the world. Currently, there are over 1.2 million cases globally. In the United States there are 336,958 cases of infection as of April 5th. There are stay at home orders across the US and Canada. This weekend has also been alarming with the number of US deaths reaching over 8,000.
The Trump administration ordered Minnesota mask manufacturer 3M “to prioritize U.S. orders over foreign demand,” late Thursday, citing its authority under the Defense Production Act (DPA), to try and ease critical shortages of N95 masks at US hospitals. This has sparked tensions with America’s allies, notably Canada and Germany, as they fight their own battles against COVID-19.
After the news that Prince Harry and Meghan Markle were moving from Canada to the United States, US President Donald Trump tweeted that “the U.S. will not pay for their security protection.” The couple, however, said they have no desire to seek security at the expense of the United States or any other government.
Coronavirus has been on every news channel and every online outlet, as many US States are under voluntary 14 days self quarantine and shelter in place orders.
The major developments around the Globe related to coronavirus:
- Indian Prime Minister Narendra Modi announced a 21-day shutdown would begin March 25th extending restrictions to the entire nation of more than 1.3 billion.
- The Tokyo Summer Olympics have been postponed until 2021.
- The rate of infection in New York is doubling every three days, with confirmed cases topping 25,000. More than 50,000 cases have been confirmed nationwide.
- The number of confirmed cases around the world passed 400,000, suggesting that the global pace of infection continues to increase. Italy reported 743 new deaths, bringing the country’s total to 6,820. France became the fifth country to mark more than 1,000 coronavirus deaths.
Due to the SARS-CoV-2 coronavirus pandemic, Canada and Australia have refused to participate in the Tokyo Olympics this summer. On Monday, the National Olympic Committee of Canada announced that it would not send athletes to the Games in 2020 due to the risk of contracting viral pneumonia COVID-19.
Many US States and Cities issued closure orders in an attempt to prevent the spread of coronavirus.
The list of state and city orders according to USA Today:
- Missouri’s two largest cities issued stay-at-home orders Saturday. The St. Louis mandate, which also applies to St. Louis County, begins Monday, and the one for Kansas City and its metro area goes into effect Tuesday.
- New Orleans Mayor LaToya Cantrell directed residents to stay at home.
- San Miguel County, Colorado, is under a shelter-in-place order until April 3.
- Athens-Clarke County, Georgia, is under a shelter-in-place order until April 7.
- Blaine County, Idaho, is under a shelter-in-place order.
- Gov. Andrew Cuomo on Friday announced that all New York residents must stay home “to the maximum extent possible.”
- The State of California is under a stay at home order.
- Illinois Gov. J.B. Pritzker announced a “stay-at-home” that will last until at least April 7.
- In Connecticut, Gov. Ned Lamont on Friday announced an executive order directing all nonessential businesses and not-for-profit entities to close.
- Oregon Gov. Kate Brown on Friday told residents to stay home, calling the directive “both an order and a public awareness campaign.”
- New Jersey Gov. Phil Murphy announced Saturday that he would be ordering residents to stay at home.
- Pennsylvania Gov. Tom Wolf ordered all “non-life-sustaining” businesses to close.
Currently, Canada has 1,087 cases of Coronavirus. Sadly, there has been 12 deaths reported due to the virus. The first case of Coronavirus in Canada was a 56-year-old man presented to our Emergency Department in Toronto with fever and non-productive cough. He arrived in Canada one day earlier after returning from a 3-month visit to Wuhan, China. Wuhan was the epicenter of the Coronavirus pandemic.
Currently, Canada has 415 confirmed cases of coronavirus in all 10 provinces. In an official announcement Canada closed its borders to all non-citizens. The only exemption is US citizens. Starting March 18th, all international flights will be restricted to airports in four major Canadian cities: Calgary, Montreal, Toronto and Vancouver. Nevertheless, commercial vehicles are still allowed travel through Canada/US border check points.
Canadian Prime Minister Justin Trudeau’s wife, Sophie Gregoire Trudeau, has tested positive for the new coronavirus, a spokesman for the Prime Minister’s Office said. Mrs. Gregoire Trudeau is doing well and will remain isolated, the statement read in part. “Following medical advice, she will remain in isolation for the time being. She is feeling well, is taking all the recommended precautions and her symptoms remain mild,” according to a statement tweeted by Cameron Ahmad, the prime minister’s communications director.
A monthly performance review of Durig’s high yielding Fixed Income 2 (FX2) Managed Income Portfolio which also explores the many benefits that the portfolio can provide to investors.
- Over 6% in Cash Generation Alone
- Year-to-Date Return of 6.20%
- Trailing 1 Year Return of 7.72%
- Trailing 3 Year Return of 9.03%
- Trailing 5 Year Return of 9.13%
- Annualized Return Since Inception of 8.72%
- Average Bond Maturity of 4 Years
- Alpha of 10.58 (vs. Benchmark)*
- Beta of -1.22 (vs. Benchmark)*
- Excess Return of 4.32% (vs. Benchmark)*
Canadian Foreign Minister Francois-Philippe Champagne promised that Iran would be “pressured” to respond to the “exact cause” of the downing of the Ukrainian aircraft. “The world is waiting for the answer and will not calm down until the right answer is received,” he said in London today. Foreign ministers of five countries whose citizens were killed by two Iranian Revolutionary Guards missiles fired on Ukrainian planes met on Tuesday to pressure Tehran into conducting “full and transparent” investigations into the tragedy.
Iran’s Armed Forces General Staff admitted on Saturday that, by “human error,” a missile launched by its army shot down the Ukrainian Airlines Boeing 737 plane with 176 people aboard. In a statement, the Iranian government said the aircraft was wrongly identified as a “hostile aircraft,” and hit it at the time the enemy threat was “at the highest level.” Tehran has apologized for the incident.
Canada and UK claim to have intelligence the Boeing downing that was operated by Ukrainian airlines was done by Iran. Recent reports state that there were over 60 Canadians out of 138 people on board en route to Canada. Many innocent lives were senselessly lost in this tragedy. Canada is a home to over 210,000 Iranian Canadians. There are no direct flights to Iran from Canada. That is one of the reasons many fly to Kyiv and transfer there to reach Canada.
It is official, Russia has been banned from participating in all major sporting events for the next four years. The WADA announcement came today in response to noncompliance by Russia. The World Anti-Doping Agency is a foundation initiated by the International Olympic Committee headquartered in Montreal to promote, coordinate and monitor the fight against drugs in sports. It was established in the 1999. It enforces The World Anti-Doping Code, which is the document that harmonizes regulations regarding anti-doping across all sports and all countries of the world. The Code provides a framework for anti-doping policies, rules, and regulations for sport organizations and public authorities.
The Canadian economy has wilted in the face of the U.S. trade war, weak oil prices, and rising borrowing costs. And now, the country is forecasted to reach 1.5 percent growth by the end of the year. Exports figures are expected to remain stagnant due to increasing protectionism among major economies, such as the United States and China.
The North Atlantic Treaty Organization (NATO) was formed in 1949. It was one of the first defense unions. The main reason for the creation of NATO was a need for a western unified alliance against the threat of the Soviet Union. After the collapse of the Soviet Union in the 1991, NATO integrated some former communist block Eastern European nations into the alliance.
The Human Genome Organization (HUGO) and the European Union developed genetic information privacy regulations to protect the public. A majority of experts have agreed for the need for genetic information privacy. In 2014 the HUGO Committee on Ethics, Law and Society (CELS) presented a human rights approach to an international code of conduct for genomic and clinical data sharing. The code of conduct is supposed to prevent human rights violations during the research of genomes, allowing enough protection to allow scientific research in the genome field.
This week Canadian Prime Minister Justin Trudueau has been re-elected for a second term. Trudeau is the leader of the Liberal Party which was only able to form a minority government this term. Trudeau is disliked in Western Canada. After the election the new movement #Wexit (Western Exit) is gaining popularity on social media. Within 24 hours a Facebook page for VoteWexit.com gained over 200,000 members.
Prime Minister Justin Trudeau’s Liberal Party won Canada’s parliamentary elections Monday night. The party has, however, lost its absolute majority. “Tonight Canadians rejected division and negativity. They rejected cuts and austerity. They elected a progressive agenda and strong action on climate change,” said an evidently relieved Trudeau in his victory speech in Montreal.
Once in a great while you find or learn something that is so unbelievably good, that you have to hear or read it over and over again, often from different sources or perspectives, before the truth of it actually starts to sink in and really make sense. Perhaps it’s that initial bewilderment that has served to curb much of any demand from the fixed income markets for this otherwise “golden” opportunity. Fortunately, this is great news for those that eventually arrive at a deeper understanding of why these Gran Colombia Gold bonds are so darn good… and it is why these bonds are well deserving of overweighting in our high performing FX2 fixed income portfolios.
After causing mass damages in the Bahamas, as well as North Carolina, Hurricane Dorian made landfall Saturday afternoon in Halifax, Nova Scotia. It uprooted trees, blew off roofs and disrupted electricity supply, leaving several in darkness. Hurricane Dorian reached the extreme east of Canada with strong winds on Sunday and left hundreds of thousands of people without power supply.
This week, Durig Capital looks to a Canadian issuer, a specialty pharmaceutical company that is successfully treating long-term HIV patients with its unique medicines so that patients have the opportunity to have a better quality of life. Theratechnologies (TSX:TH) has two landmark drugs, Trogarzo™ and EGRIFTA™ specifically developed to help HIV patients. The company has reported its second quarter results (for the three months ending May 31, 2019) and continues to see outstanding growth over its product lines.
Beyond Belief… this may be the most fascinating debt instrument we have ever reviewed.
Rising with the price of gold, the cash flow and yield of Gran Colombia Gold’s senior secured “Gold Notes” appears to be headed straight into the land of unbelief. Perhaps what we see here is either wrong… or something in this picture seems to have quietly escaped the attention or the view of most other investors in the high yield bond market. Granted, this is not a straightforward and easily understood issue because of the quarterly interest boost linked to its amortized quarterly redemption of principle when the price of gold is higher 1250 per ounce. However, it is precisely this “hard to be understood” feature that is driving its current push into the land of dreams.
One down, two to go. On Wednesday, the Mexican Senate passed the United States-Mexico-Canada Agreement, becoming the first nation, of three, to ratify the new trade deal. The agreement was met with little resistance, relative speed, and enthusiastic celebration from the Mexican government upon ratification. That was the easy part. The USMCA still faces an uphill battle in Washington, and a race against time in Ottawa.
It was good news all around on Friday, as President Trump announced a deal to lift steel and aluminum tariffs on Canada and Mexico. The tariffs had been a major obstacle to passing the United States-Mexico-Canada-Agreement
- SRI LANKA: No group has yet claimed responsibility for Easter Sunday’s terror attacks. Eight people have been arrested in connection with a series of suicide bombings, targeting churches and hotels across the country, which killed at least 290 and injured 450. They mark the worst acts of violence since the end of Sri Lanka’s decades-long civil war ten years ago.
This week, Durig Capital reviews the largest underground gold and silver producer in Colombia. Gran Colombia Gold has staged an amazing transformation from just a short three years ago, when Durig Capital began to carefully follow this issuer. After completing a well-timed and skillfully crafted restructure of its balance sheet early in 2018, the company has consistently continued to smash its production targets, and has once again impressed us with its most recent results for the fourth quarter and full-year 2018.
This week, Durig Capital reviews a Canadian heavy haul transportation and crane company. Entrec Corporation provides heavy haul transportation and crane solutions to the oil and gas, construction and power generation industries, among others. Entrec’s most recent results for both its fourth quarter and full year 2018 showcase healthy growth in the company’s U.S. operations. And given the volatility in oil and gas late last year, the company’s results are even more impressive.