Global National: June 2

Efforts to bring some kind peace in Gaza and Israel hit more roadblocks on Sunday – this time from “within” the Israeli government. On Friday, Israel proposed a peace plan that’s been backed by the U.S. It requires some negotiating with Hamas to bring stability to Gaza. But two of Israeli Prime Minister Benjamin Netanyahu’s most influential ministers are having none of it, saying there can be no end to the war unless Hamas is completely obliterated. And Canadians feeling the pressure of inflation could be in for some good news soon. There is a lot of pressure on the Bank of Canada to cut interest rates. The financial markets are banking on an 80 per cent chance that it will happen this week. South of the border, voters in Mexico went to the polls today, in an election billed as a choice between change and continuity. But whether they pick the front-runner Claudia Sheinbaum – from the current president’s party – or the challenger, history will be made. In other news, e-commerce app Temu is giving Amazon a real run for its money. And, according to privacy and cybersecurity experts, it’s giving existing laws the run-around. Plus, experts say our rapidly-heating planet is also having a dramatic impact on coral, including in Australia’s Great Barrier Reef. Awareness is growing on the role of warming ocean temperatures, and the resulting impact on these marine ecosystems.