Monday SITREP: Global Ratings

Stability Ratings, Protests in Turkey, Canada's Election set for April 28, and External and Internal Tensions In Israel

Happy Monday.

Three headlines to help you catch up quickly.

๐Ÿ‡น๐Ÿ‡ท  Anti-Government Protests Sweep Turkey

There were enormous protests across Turkey all weekend following last weekโ€™s arrest of Istanbulโ€™s Mayopr and prominent opposition leader Ekrem Imamoglu. The charges are viewed by many as fabricated, with the main aim of preventing Imamoglu โ€” a popular leader โ€” from participating in upcoming elections. [More - AlJazeera]

๐Ÿ‡จ๐Ÿ‡ฆ Carney Sets Election Date of April 28

Canadian Prime Minister Mark Carney called an April 28 election just nine days after taking office, framing the contest around Trump's recent threats to Canadian sovereignty and tariffs against Canadian goods. "President Trump claims that Canada isn't a real country. He wants to break us so America can own us. We will not let that happen," Carney told reporters, while promising tax cuts. Conservative leader Pierre Poilievre holds a slight overall polling lead but trails significantly among voters who prioritize the Trump issue. More - Bloomberg

๐Ÿ‡ฎ๐Ÿ‡ฑ Israel Expands Gaza Operations While Cabinets Targets Attorney General

Israel's Defense Minister Katz ordered the military to "seize additional territories" in Gaza and threatened permanent occupation if Hamas doesn't release all hostages. The directive followed the breakdown of ceasefire talks and Israel's resumption of bombing, which has killed over 430 Palestinians since Tuesday. Katz claimed Israel would implement "President Trump's voluntary transfer plan for Gaza residents," which UN officials have warned could constitute ethnic cleansing under international law. More - BBC

Meanwhile, Israel's cabinet passed a no-confidence vote against Attorney General Gali Baharav-Miara, following the dismissal of Shin Bet security chief Ronen Bar two days earlier. Baharav-Miara condemned the vote as an attempt to gain "limitless power" by weakening judicial oversight, while thousands of protesters demonstrated against what they view as a crackdown on critics of Netanyahu's government. Bar's removal came shortly after Shin Bet released a report acknowledging security failures before Hamas's October 7 attack. More - Al Jazeera

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Key Metrics

WTI is $67.84 (Down)

Low |-- < -----------------| High

Wheat is $190.103 (Up)

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EuroDollar is $1.08 (Down)

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Graphs are illustrative to show comparative price over last 180 days

Metrics via AlphaVantage updated Mar 23 2025 20:10 UTC

Global Stability Ratings

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