Features
New thriller by Israeli-Canadian Herschy Katz combines love of hockey with intrigue behind the Iron Curtain in 1972
By BERNIE BELLAN In 2019 I wrote a review of a book titled “The Clarinetist”. It had been sent to me by an expatriate Canadian who had moved to Israel in 1984 by the name of Herschel Katz.
As I noted in that review, the book was quite good for a first-time author. In it we were introduced to a young Montreal high school student by the name of Danny Kahn who ends up enmeshed in an intriguing situation having to do with the Montreal father of his girlfriend.
The father, it turns out, is tied in with some very shady characters and, one thing leading to another, Danny becomes involved in some hair-raising adventures that take him from Montreal to New York, and then Israel.
Katz had become a writer, he noted on the book jacket, because “Several years ago, the author worked as a part time book reviewer, then decided to try writing his own story.”
Now, two years later, Katz has come up with another mystery novel, again featuring Daniel Khan (who, I guess, has graduated from being called “Danny”). By this time Daniel has progressed to becoming a 22-year old medical student at McGill, also a writer for the McGill student newspaper. The book is titled “The Ninth Terrorist” and, after reading it, I sent Katz a note saying he had the makings of another Daniel Silva, who is one of the world’s most popular mystery writers and who has also created a recurrent hero by the name of Gabriel Allon.
As good as “The Clarinetist” was for a first-time effort, “The Ninth Terrorist” shows terrific improvement on Katz’s part in terms of plot structuring and dialogue. The book actually blends three different plots into one overarching story, which has to do with nefarious activities involving East Bloc bad guys in the 1970s – when the Soviet Union was still very much a Communist dictatorship and closely aligned with Palestinian terrorist organizations .
The story begins with the legendary “Summit Series” between Canada and the USSR in 1972, in which a team composed of Canada’s best professional hockey players from the NHL faced off against the powerful Soviet team in an eight-game series.
I had forgotten though, that at the same time as that series was being played, the Munich Olympics were also being staged and, anyone who was around then will no doubt recall how horrified we all were at the tragic murder of 11 Israeli athletes by members of the terrorist group known as “Black September”.
Into that backdrop of high drama Katz inserts Daniel Khan, who continues to display the ability as a clever agent that he first demonstrated in “The Clarinetist”. This time, however, Daniel is enmeshed in a series of events in which he has to play multiple roles, all the time fully aware that one slip-up could lead to his arrest and imprisonment in the Soviet Union.
Katz is clearly a great hockey fan and his depictions of the action during games are quite vivid. You don’t have to be a sports fan at all in order to enjoy the book though, as hockey merely serves as the excuse for Daniel to be able to go to the Soviet Union as a reporter. Still, setting so much of the action in venues that would resonate with Canadian sports fans makes “The Ninth Terrorist” all the more appealing.
I would note, too, that in my review of “The Clarinetist” I was somewhat critical of the dialogue in that book, writing that Katz could have used help in creating some more authentic sounding conversations between characters. This time around, the dialogue is much improved and sparkles with often very clever exchanges.
Turning Khan into a reporter is an especially credible device, as reporters have often served as agents for various intelligence services. The fact that Khan is a Canadian Jewish reporter who can easily substantiate his wanting to go to the Soviet Union (and who also speaks German, it turns out) certainly adds plausibility to his becoming an agent for not just one intelligence agency, but several, all of which are aware just how useful he can be to them.
One aspect of “The Ninth Terrorist”, however, that seems drawn straight out of the 1960s “Mission Impossible” television series (and later, the movies as well), is the use of facial disguises. Having a number of different characters put on masks that are so lifelike they can get you through any number of checkpoints is something that still remains a largely fictitious plot device – even at a time when 3D print technology has certainly made it more feasible.
Still, the ruse that Daniel Khan must employ in going back to the Soviet Union a second time – four months after the first Canada-Soviet series, certainly adds to the complexity – and intrigue of what is already a terrific spy novel. In fact, not only must he adopt a disguise at various times, he has to help others disguise themselves. At times it all becomes a little dizzying trying to remember just who it is that not only Daniel is pretending to be, but others as well.
Into this already fairly complicated plot Katz inserts a quite clever subplot having to do with someone who purportedly assisted the members of Black September when they went about kidnapping the 11 Israeli athletes in 1972. The individual, who is the “ninth terrorist” referred to in the title, turns out to be an extremely dangerous agent and Katz certainly makes this character come alive.
With action aplenty and very creative plotting, “The Ninth Terrorist” is an excellent thriller. When one considers that both “The Clarinetist” and “The Ninth Terrorist” have been self-published by Herschy Katz, one wonders how long it will be before he’s approached by a major publisher with a juicy offer to continue producing more in what could become a Daniel Khan series.
I asked Herschy how one could buy “The Ninth Terrorist”. (He had sent it to me as a pdf.) He replied that “My book is available directly from Pomeranz Booksellers in Jerusalem. www.Pomeranzbooks.com. My previous book, “The Clarinetist”, is also available through them.”
Both “The Clarinetist” and “The Ninth Terrorist” are now available on Amazon – Kindle for $9.99 CDN.
Then Herschy sent me another quite interesting tidbit of information after I told him that I was going to print an accompanying article, also about someone who entered into some subterfuge in the Soviet Union (in his case, smuggling tallisim and sidurim), during a hockey tournament. (See my story about Sherry Bassin on the opposite page.)
After I wrote Herschy about Sherry Bassin’s escapade, he sent me this note:
Dear Bernie,
A personal note about me you may want to add to your book review. My late father, Boris Katz, z”l, escaped Stalin in 1924 and came to Montreal as a young man. He and his nephew founded a business making men’s clothes, which became quite successful. During the 1950s, 60s and 70s, he would send packages of clothes to his family back in the USSR. Knowing how the Russian customs inspectors would steal the contents, he would pack extra jeans and put some American dollars inside the box, which, of course, were stolen. However, inside the cuffs and collars of the clothes that weren’t stolen, he sewed large amounts of cash, which his family ended up getting.
This tidbit I incorporated into my story, “The Ninth Terrorist”.
Herschy
I enjoy helping to publicize Jewish writers (in particular, writers from Israel) whose works might not otherwise receive much publicity because they’re self-published. In Herschy Katz’s case, providing a boost to a former Canadian who made aliyah 37 years ago, but who’s also remained a huge hockey fan, should be ample reason for some readers to want to proceed to buy “The Ninth Terrorist”. Herschy even sets some of the action in Winnipeg – in case you needed any more cajoling!
Features
Israel Has Always Been Treated Differently
By HENRY SREBRNIK We think of the period between 1948 and 1967 as one where Israel was largely accepted by the international community and world opinion, in large part due to revulsion over the Nazi Holocaust. Whereas the Arabs in the former British Mandate of Palestine were, we are told, largely forgotten.
But that’s actually not true. Israel declared its independence on May 14,1948 and fought for its survival in a war lasting almost a year into 1949. A consequence was the expulsion and/or flight of most of the Arab population. In the immediate aftermath of the Second World War, millions of other people across the world were also driven from their homes, and boundaries were redrawn in Europe and Asia that benefited the victorious states, to the detriment of the defeated countries. That is indeed forgotten.
Israel was not admitted to the United Nations until May 11, 1949. Admission was contingent on Israel accepting and fulfilling the obligations of the UN Charter, including elements from previous resolutions like the November 29, 1947 General Assembly Resolution 181, the Partition Plan to create Arab and Jewish states in Palestine. This became a dead letter after Israel’s War of Independence. The victorious Jewish state gained more territory, while an Arab state never emerged. Those parts of Palestine that remained outside Israel ended up with Egypt (Gaza) and Jordan (the Old City of Jerusalem and the West Bank). They were occupied by Israel in 1967, after another defensive war against Arab states.
And even at that, we should recall, UN support for the 1947 partition plan came from a body at that time dominated by Western Europe and Latin American states, along with a Communist bloc temporarily in favour of a Jewish entity, at a time when colonial powers were in charge of much of Asia and Africa. Today, such a plan would have had zero chance of adoption.
After all, on November 10, 1975, the General Assembly, by a vote of 72 in favour, 35 against, with 32 abstentions, passed Resolution 3379, which declared Zionism “a form of racism.” Resolution 3379 officially condemned the national ideology of the Jewish state. Though it was rescinded on December 16, 1991, most of the governments and populations in these countries continue to support that view.
As for the Palestinian Arabs, were they forgotten before 1967? Not at all. The United Nations General Assembly adopted resolution 194 on December 11, 1948, stating that “refugees wishing to return to their homes and live at peace with their neighbours should be permitted to do so at the earliest practicable date, and that compensation should be paid for the property of those choosing not to return and for loss of or damage to property which, under principles of international law or equity, should be made good by the Governments or authorities responsible.” This is the so-called right of return demanded by Israel’s enemies.
As well, the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) was established Dec. 8, 1949. UNRWA’s mandate encompasses Palestinians who fled or were expelled during the 1948 war and subsequent conflicts, as well as their descendants, including legally adopted children. More than 5.6 million Palestinians are registered with UNRWA as refugees. It is the only UN agency dealing with a specific group of refugees. The millions of all other displaced peoples from all other wars come under the auspices of the UN High Commissioner for Refugees (UNHCR). Yet UNRWA has more staff than the UNHRC.
But the difference goes beyond the anomaly of two structures and two bureaucracies. In fact, they have two strikingly different mandates. UNHCR seeks to resettle refugees; UNRWA does not. When, in 1951, John Blanford, UNRWA’s then-director, proposed resettling up to 250,000 refugees in nearby Arab countries, those countries reacted with rage and refused, leading to his departure. The message got through. No UN official since has pushed for resettlement.
Moreover, the UNRWA and UNHCR definitions of a refugee differ markedly. Whereas the UNHCR services only those who’ve actually fled their homelands, the UNRWA definition covers “the descendants of persons who became refugees in 1948,” without any generational limitations.
Israel is the only country that’s the continuous target of three standing UN bodies established and staffed solely for the purpose of advancing the Palestinian cause and bashing Israel — the Committee on the Exercise of the Inalienable Rights of the Palestinian People; the Special Committee to Investigate Israeli Practices Affecting the Human Rights of the Palestinian People; and the Division for Palestinian Rights in the UN’s Department of Political Affairs.
Israel is also the only state whose capital city, Jerusalem, with which the Jewish people have been umbilically linked for more than 3,000 years, is not recognized by almost all other countries.
So from its very inception until today, Israel has been treated differently than all other states, even those, such as the Democratic Republic of Congo, Somalia, and Sudan, immersed in brutal civil wars from their very inception. Newscasts, when reporting about the West Bank, use the term Occupied Palestinian Territories, though there are countless such areas elsewhere on the globe.
Even though Israel left Gaza in September 2005 and is no longer in occupation of the strip (leading to its takeover by Hamas, as we know), this has been contested by the UN, which though not declaring Gaza “occupied” under the legal definition, has referred to Gaza under the nomenclature of “Occupied Palestinian Territories.” It seems Israel, no matter what it does, can’t win. For much of the world, it is seen as an “outlaw” state.
Henry Srebrnik is a professor of political science at the University of Prince Edward Island.
Features
Why New Market Launches Can Influence Investment Strategies
New market launches play a critical role in shaping how investors plan, diversify, and execute their financial strategies. When a company transitions from private ownership to public trading, it creates fresh opportunities for capital participation, valuation discovery, and long-term growth assessment. An upcoming IPO often attracts retail and institutional investors alike, as it offers an opportunity to invest at an early public stage. These launches influence market sentiment, sector momentum, and portfolio allocation decisions, making them an important consideration for anyone seeking to align investment strategies with evolving market dynamics. Understanding how new listings affect pricing, risk, and long-term potential helps investors make more informed, disciplined choices.
Understanding the Role of New Market Launches
New market launches introduce fresh capital, innovation, and competition into public markets. They often signal broader economic trends and provide insights into emerging sectors. For investors, these launches are more than just new tickers—they shape market behavior and strategic planning.
● Expanding Market Opportunities
New listings expand the investable universe by introducing companies that were previously inaccessible. This allows investors to explore new industries, technologies, or business models, helping diversify portfolios and reduce reliance on mature or saturated sectors.
● Price Discovery and Valuation Dynamics
Initial listings go through a price-discovery phase in which demand and supply determine valuation. This process can create short-term volatility but also offers strategic entry points for investors who understand fundamentals and market sentiment.
● Capital Flow Redistribution
When new companies enter the market, capital often shifts from existing stocks to new offerings. This redistribution can influence sector performance and temporarily affect broader indices, thereby altering portfolio allocation strategies.
● Reflection of Economic Confidence
A steady flow of new listings often reflects positive economic sentiment and business confidence. Investors monitor these signals to gauge market health and adjust their equity exposure accordingly.
● Increased Market Liquidity
New launches contribute to overall market liquidity by increasing the number of tradable shares. Increased liquidity improves price efficiency and offers investors more flexibility in executing trades.
How New Listings Shape Investor Decision-Making
Investment strategies are not static; they evolve based on market conditions and available opportunities. New market launches influence how investors assess risk, timing, and portfolio balance.
● Risk Assessment and Appetite
Newly listed companies may carry higher uncertainty due to limited public financial history. Investors must evaluate their risk tolerance and decide whether early exposure aligns with their overall strategy.
● Portfolio Diversification
Including new listings can enhance diversification by adding exposure to different revenue models or growth stages. This helps balance portfolios that may be overly concentrated in established companies.
● Short-Term vs Long-Term Strategies
Some investors seek short-term gains driven by listing momentum, while others focus on long-term value creation. Understanding this distinction helps align new investments with broader financial goals.
● Sector Rotation Strategies
New listings often emerge from high-growth sectors. Investors may rotate capital into these sectors early, anticipating future expansion and innovation-led growth.
● Behavioral Influence on Markets
Public interest and media coverage surrounding new listings can influence investor behavior. Awareness of sentiment-driven movements helps investors avoid emotional decision-making.
Evaluating New Market Launches Effectively
Not all new listings present equal opportunities. A structured evaluation framework helps investors separate strong prospects from speculative risks.
● Business Model Strength
Understanding how a company generates revenue and maintains profitability is a fundamental part of evaluating new market entrants. A well-defined business model shows how products or services create value for customers and how that value is monetized. Scalable models, diversified revenue streams, and predictable income sources often indicate stronger resilience and long-term investment potential, especially in competitive or evolving industries.
● Financial Transparency
Clear and detailed financial disclosures help investors assess a company’s overall health and risk profile. Reviewing revenue growth, operating margins, debt obligations, and cash flow stability provides insight into financial discipline and sustainability. Transparent reporting practices reflect management accountability and reduce uncertainty, enabling investors to make informed decisions based on reliable data rather than speculation.
● Competitive Positioning
A company’s ability to compete effectively within its industry is a key determinant of future performance. Investors analyze market share, differentiation strategies, pricing power, and barriers to entry to understand competitive advantages. Strong positioning suggests the company can defend its market position, withstand competitive pressures, and capitalize on emerging opportunities over time.
● Management and Governance
Leadership quality plays a crucial role in long-term value creation. Experienced executives with a track record of execution, combined with robust corporate governance structures, signal operational credibility. Transparent decision-making, independent oversight, and ethical practices help reduce risk and align management actions with shareholder interests, particularly for newly listed companies.
● Growth Sustainability
While rapid expansion can attract attention, sustainable growth is what supports lasting returns. Investors assess whether realistic assumptions, operational capacity, and consistent market demand support growth projections. Balanced expansion strategies that prioritize profitability, efficiency, and long-term planning are often viewed as more reliable than aggressive growth that strains resources or increases financial risk.
Strategic Timing and Market Conditions
The success of an upcoming IPO is closely linked to strategic timing and prevailing market conditions, which significantly influence investor response and post-listing performance. Market sentiment plays a decisive role, as optimistic, growth-driven environments often generate strong demand for new listings, supporting positive price momentum after debut. In contrast, cautious or volatile markets can suppress enthusiasm, limiting upside potential even for fundamentally strong companies. Alongside sentiment, macroeconomic factors such as interest rate trends, monetary policy direction, and fiscal measures shape capital allocation decisions. Lower interest rates generally encourage investors to seek growth opportunities through IPOs, while tighter policy conditions may dampen risk appetite. Together, timing, sentiment, and policy context form a critical framework for investors to evaluate entry strategies for upcoming IPOs.
Conclusion
New market launches have a meaningful influence on investment strategies by introducing fresh opportunities, shifting capital flows, and shaping market sentiment. From diversification and growth exposure to timing and risk management, these listings require thoughtful evaluation and disciplined execution. By understanding their broader impact and aligning participation with financial goals, investors can integrate new opportunities into well-structured portfolios while maintaining balance and long-term focus.
Features
Are Niche and Unconventional Relationships Monopolizing the Dating World?
The question assumes a battle being waged and lost. It assumes that something fringe has crept into the center and pushed everything else aside. But the dating world has never operated as a single system with uniform rules. People have always sorted themselves according to preference, circumstance, and opportunity. What has changed is the visibility of that sorting and the tools available to execute it.
Online dating generated $10.28 billion globally in 2024. By 2033, projections put that figure at $19.33 billion. A market of that size does not serve one type of person or one type of relationship. It serves demand, and demand has always been fragmented. The apps and platforms we see now simply make that fragmentation visible in ways that provoke commentary.
Relationship Preferences
Niche dating platforms now account for nearly 30 percent of the online dating market, and projections suggest they could hold 42 percent of market share by 2028. This growth reflects how people are sorting themselves into categories that fit their actual lives.
Some want a sugar relationship, others seek partners within specific religious or cultural groups, and still others look for connections based on hobbies or lifestyle choices. The old model of casting a wide net has given way to something more targeted.
A YouGov poll found 55 percent of Americans prefer complete monogamy, while 34 percent describe their ideal relationship as something other than monogamous. About 21 percent of unmarried Americans have tried consensual non-monogamy at some point. These numbers do not suggest a takeover. They suggest a population with varied preferences now has platforms that accommodate those preferences openly rather than forcing everyone into the same structure.
The Numbers Tell a Different Story
Polyamory and consensual non-monogamy receive substantial attention in media coverage and on social platforms. The actual practice rate sits between 4% and 5% of the American population. That figure has remained relatively stable even as public awareness has increased. Being aware of something and participating in it are separate behaviors.
A 2020 YouGov poll reported that 43% of millennials describe their ideal relationship as non-monogamous. Ideals and actions do not always align. People answer surveys about what sounds appealing in theory. They then make decisions based on their specific circumstances, available partners, and emotional capacity. The gap between stated preference and lived reality is substantial.
Where Young People Are Looking
Gen Z accounts for more than 50% of Hinge users. According to a 2025 survey by The Knot, over 50% of engaged couples met through dating apps. These platforms have become primary infrastructure for forming relationships. They are not replacing traditional dating; they are the context in which traditional dating now occurs.
Younger users encounter more relationship styles on these platforms because the platforms allow for it. Someone seeking a conventional monogamous partnership will still find that option readily available. The presence of other options does not eliminate this possibility. It adds to the menu.
Monopoly Implies Exclusion
The framing of the original question suggests that niche relationships might be crowding out mainstream ones. Monopoly means one entity controls a market to the exclusion of competitors. Nothing in the current data supports that characterization.
Mainstream dating apps serve millions of users seeking conventional relationships. These apps have added features to accommodate other preferences, but their core user base remains people looking for monogamous partnerships. The addition of new categories does not subtract from existing ones. Someone filtering for a specific religion or hobby does not prevent another person from using the same platform without those filters.
What Actually Changed
Two things happened. First, apps built segmentation into their business models because segmentation increases user satisfaction. People find what they want faster when they can specify their preferences. Second, social acceptance expanded for certain relationship types that previously operated in private or faced stigma.
Neither of these developments amounts to a monopoly. They amount to market differentiation and cultural acknowledgment. A person seeking a sugar arrangement and a person seeking marriage can both use apps built for their respective purposes. They are not competing for the same resources.
The Perception Problem
Media coverage tends toward novelty. A story about millions of people using apps to find conventional relationships does not generate engagement. A story about unconventional relationship types generates clicks, comments, and shares. This creates a perception gap between how often something is discussed and how often it actually occurs.
The 4% to 5% practicing polyamory receive disproportionate coverage relative to the 55% who prefer complete monogamy. The coverage is not wrong, but it creates an impression of prevalence that exceeds reality.
Where This Leaves Us
Niche relationships are not monopolizing dating. They are becoming more visible and more accommodated by platforms that benefit from serving specific needs. The majority of people seeking relationships still want conventional arrangements, and they still find them through the same channels.
The dating world is larger than it was before. It contains more explicit options. It allows people to state preferences that once required inference or luck. None of this constitutes a takeover. It constitutes an expansion. The space for one type of relationship did not shrink to make room for another. The total space grew.