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Canadian woman arrested for Swiss machete murder plot on ex-partner: Police
Canadian woman arrested for Swiss machete murder plot on ex-partner: Police

Toronto Sun

time08-07-2025

  • Toronto Sun

Canadian woman arrested for Swiss machete murder plot on ex-partner: Police

Get the latest from Brad Hunter straight to your inbox Lufthansa aircrafts are parked at the airport in Frankfurt, Germany, Thursday, March 7, 2024. Photo by Michael Probst / AP A Canadian woman wanted by Swiss police for what authorities say was a botched murder-for-hire plot has been arrested. This advertisement has not loaded yet, but your article continues below. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. SUBSCRIBE TO UNLOCK MORE ARTICLES Subscribe now to read the latest news in your city and across Canada. Unlimited online access to articles from across Canada with one account. Get exclusive access to the Toronto Sun ePaper, an electronic replica of the print edition that you can share, download and comment on. Enjoy insights and behind-the-scenes analysis from our award-winning journalists. Support local journalists and the next generation of journalists. Daily puzzles including the New York Times Crossword. REGISTER / SIGN IN TO UNLOCK MORE ARTICLES Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account. Share your thoughts and join the conversation in the comments. Enjoy additional articles per month. Get email updates from your favourite authors. THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK. Create an account or sign in to continue with your reading experience. Access articles from across Canada with one account Share your thoughts and join the conversation in the comments Enjoy additional articles per month Get email updates from your favourite authors Don't have an account? Create Account Cops say that the unnamed woman allegedly paid three people to murder her ex-beau in Switzerland in 2018. When that backfired, she went on the run. Now, investigators say the woman — police did not release her name or hometown — was arrested at Frankfurt Airport in Germany on an international arrest warrant. Swiss police say the 49-year-old suspect was wanted for attempted murder. Cops say the suspect allegedly gave three people money to take her former lover off the board. He survived the machete attack but was seriously injured. The German Federal Police stated that the woman was arrested on Friday as she disembarked from a flight originating in Toronto. She is now in custody and awaiting extradition to Switzerland. If convicted, she faces a life sentence. Your noon-hour look at what's happening in Toronto and beyond. By signing up you consent to receive the above newsletter from Postmedia Network Inc. Please try again This advertisement has not loaded yet, but your article continues below. Meanwhile, a Canadian man who oversaw a widespread grandparent scam in several U.S. states has been arrested in Charletown, Indiana. Jia Hua Liu is accused of running a grandparent scam. Photo by Jefferson County Jail Cops say the scheme targeted elderly people and resulted in hundreds of thousands of dollars in losses. One Indiana resident was allegedly scammed out of $27,000 after he withdrew the cash from his retirement fund. He handed the money over to a man who visited his home. The scammer then fled. According to cops, Quebec resident Jia Hua Liu, 36, entered the U.S. in April. Investigators linked Liu to fraud cases in Indiana, Ohio, New Mexico and Tennessee. Police believe Liu's take was more than $400,000. Detectives also identified three more incidents in Indiana, Kentucky and Michigan. In those cases, concerned family members intervened and prevented an additional $70,000 in potential losses. This advertisement has not loaded yet, but your article continues below. The Clark County Prosecutor's Office has filed multiple felony charges against Liu, including theft, fraud, conspiracy and money laundering and an arrest warrant was issued. Liu was located at Louisville Muhammad Ali International Airport on July 2, preparing to board a departing flight, but was arrested without incident. Cops are still trying to identify more victims. 'This arrest is the result of tireless work by our detectives and strong cooperation between agencies,' said CPD Chief Eric Kruse. 'We're committed to protecting our elderly community members and bringing those who prey on them to justice.' bhunter@ @HunterTOSun Canada Sunshine Girls Toronto Blue Jays Canada Sunshine Girls

Cristiano Ronaldo signs new contract with Al-Nassr
Cristiano Ronaldo signs new contract with Al-Nassr

Yahoo

time26-06-2025

  • Sport
  • Yahoo

Cristiano Ronaldo signs new contract with Al-Nassr

Portugal's Cristiano Ronaldo celebrates after winning the Nations League soccer championship at the Allianz Arena in Munich, Germany, Sunday, June 8, 2025. (AP Photo/Michael Probst) Cristiano Ronaldo has signed a two-year contract extension with Saudi Arabian club Al-Nassr. The Portugal great's deal lets him continue playing until at least the age of 42 and will give him the chance to add to his record-breaking career. Advertisement 'A new chapter begins. Same passion, same dream. Let's make history together,' Ronaldo said in a social media post. ___ James Robson is at ___ AP soccer:

TACO time
TACO time

Winnipeg Free Press

time07-06-2025

  • Business
  • Winnipeg Free Press

TACO time

Opinion The stock market says, 'Yes.' And the bond market says, 'No.' This sums up much of the recent sentiment about the economy in the United States, and for that matter the global economy, amid the back-and-forth policies of U.S. President Donald Trump. Stocks have largely recovered their losses this year, as investors believe the One Big Beautiful Bill Act — with its tax cuts largely focused on the wealthy — will power a surge in growth. Michael Probst / The Associated Press files The curve of the German stock index DAX is seen in the background as U.S. President Donald Trump is shown on a TV screen at the stock market in Frankfurt, Germany. What's more, many investors ascribe to 'TACO', a term coined by a Financial Times columnist that stands for 'Trump always chickens out,' meaning most of the tariffs threats are bluster meant to make him appear to be a master deal-maker and they won't be here to stay. 'That is quite a diverging opinion from what the bond market is saying,' says Jonathan Baird, Toronto-based editor and publisher of the Global Investment Letter. Bond investors view the One Big Beautiful Bill as a recipe for inflation, eventually adding more than US$3.8 trillion to the annual budget deficit. Tariffs, too, are inflationary, which further make the case for more investors to sell their U.S. bonds. Average investors, not Wall Street, are likely feeling indecisive and maybe even fearful. A dose of caution is warranted, says John De Goey, portfolio manager with Design Wealth Management in Toronto, and author of Stand Up to the Financial Services Industry. Even without Trump-induced mayhem, 'stocks are very expensive and therefore very risky.' He points to the cyclically adjusted price-to-earnings — or CAPE — for the S&P 500. CAPE helps determine if an investment — based on a 10-year average of inflation-adjusted earnings — is valued appropriately. Right now, the S&P 500 is highly overvalued, according to CAPE. De Goey says the metric may not be a good predictor of bear markets. 'But it's extremely reliable for determining what the annualized return will be for the asset class … over the next decade,' he says. 'So when the S&P 500 is in the 30s or higher, the return over the next decade has historically been around zero.' The CAPE for the world's largest stock index has been about 35 in recent weeks. What's more, many seasoned investors see a decade ahead that could be similar to the 1970s when 'stagflation' weighed on markets. Characterized by higher than normal inflation and slow economic growth, stagflation can be toxic for stock and bond returns. 'I would suggest probably being as defensive as you're comfortable being,' says Baird, who expects stagflation to be a problem for the next few years. He doesn't recommend moving all of the portfolio to cash to preserve capital. That is tricky to time correctly on getting out of the market and, even more so, getting back into the market. Broadly, stagflation fighting strategies should focus less on growth stocks. Instead, consider companies selling goods and services consumers can't go without — like groceries and housing. Bonds should have shorter durations to reduce the impact of inflation. Commodity- and currency-based strategies can also provide some upside amid volatility. As well, alternative investments — private equity and credit, private real estate and hedge funds — are increasingly used by portfolio managers. 'The low-hanging fruit is increasing alternatives exposure,' De Goey says, noting these assets are less correlated to stock and bond markets, providing portfolio stability. Previously only available to wealthy investors, alternatives are now widely available as mutual funds and exchange-traded funds (ETFs). That said, investors should still own stocks, including those in the U.S., but they should consider reducing exposure to overvalued companies like the so-called Magnificent Seven (including Amazon Inc., Tesla Inc., Apple Inc. and Meta Inc.), says Jai Gandhi, investment adviser with Endeavour Wealth Management, iA Private Wealth in Winnipeg. 'We're not cutting our weight to the U.S. market compared with a year ago, but we're conscious of the high values of companies that hold more risk.' That said, owning good companies never goes out of style for long-term investors. 'We don't worry too much about short-term price movements,' says Hardev Bains, president and chief investment officer at Lionridge Capital Management in Winnipeg. Rather, the focus for Bains and other fundamental investors is owning companies with long-term profitability growth, strong balance sheets (significantly more assets than liabilities) and competitive advantages. These companies, however, are only purchased when their share price reflects fair value relative to those qualities. What's more, even holding great companies can be risky when they become steeply overvalued. At that point, it's worthwhile selling those holdings or at least reducing their portion in the portfolio. 'Part of our discipline is if we sell companies and can't find anything to buy — which happens in periods of expensive markets — we go to cash, as we're doing right now,' Bains says Companies may have great business models, but their share price today is generally too high to purchase with a margin of safety. Still, Lionridge's equity portfolio obviously must hold stocks — currently about 20 companies that are likely to weather stagflation and even a recession better than other stocks. A recession is likely already underway, De Goey notes, pointing to gross domestic product (GDP) in the first quarter contracting in the U.S. 'No reasonable person expects the economy to grow in Q2 given tariffs are now having more of an impact.' Monday Mornings The latest local business news and a lookahead to the coming week. The best companies should remain profitable, and market drops will put their shares on sale from time to time, Baird says. In the meantime, beware of FOMO — fear of missing out — when markets surge higher, he adds. That often leads to buying high and, worse, selling low in a knee-jerk reaction to markets plunging in fear. 'We're all fallible and prone to psychological traps,' Baird adds. 'So the biggest thing for any investor is managing our emotions.' Joel Schlesinger is a Winnipeg-based freelance journalist joelschles@

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