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Canada’s economic growth projected to be about 1% in the first half of 2024
Canada is a country with a thriving Jewish community and has traditionally offered the security of a strong economy for residents. The national economic outlook is naturally something that everyone in Canada’s Jewish community keeps track of – especially those involved in business in the various provinces.
With this in mind, the July 2023 Monetary Policy Report from the Bank of Canada made for interesting reading, projecting a moderate economic growth figure of around 1% for the first half of 2024. This is in line with growth figures that had been forecast for the second half of 2023, and sees the country’s economy remain on a stable footing.
Steady projected growth for first half of 2024
Although projected economic growth of around 1% in early 2024 is not as impressive as figures of around 3.4% in 2022 and 1.8% in 2023, it is certainly no cause for alarm. But what might be behind it?
Higher interest rates are one major factor to consider and have had a negative impact on household spending nationally. This has effectively seen people with less spending power and businesses in Canada generating less revenue as a result.
Interest rate rises have also hit business investments nationally, and less money is being channelled into this area to fuel Canada’s economic growth. When you also factor in how the weak foreign demand for Canadian goods and services has hit export growth lately, the projected GDP growth figure for early 2024 is understandable.
Growth in second half of 2024 expected
Although the above may make for interesting reading for early 2024, the Bank of Canada’s report does show that economic growth is expected to pick up in the second half of the year. This is projected to be due to the decreasing effect of high interest rates on the Canadian economy and a stronger foreign demand for the country’s exports.
Moving forward from this period, it is predicted that inflation will remain at around 3% as we head into 2025, and hit the Bank of Canada’s inflation target of 2% come the middle of 2025. All of this should help the country’s financial status remain stable and prove encouraging for business leaders in the Jewish community.
Canada’s economic growth mirrors iGaming’s rise
When you take a look at the previous growth figures Canada has seen and also consider the growth predicted for 2024 (especially in the second half of the year), it is clear that the country has a vibrant, thriving economy.
This economic growth is something that can be compared with iGaming’s recent rise as an industry around the country. In the same way as Canada has steadily built a strong economy over time, iGaming has transformed itself into a powerful, flourishing sector.
This becomes even clearer when you consider that Canadian iGaming has been a major contributor to the sustained growth seen in the country’s arts, entertainment and recreation industry, which rose by around 1.9% in Q2 of 2023. The healthy state of online casino play in Canada is also evidenced by how many customers the most popular casino platforms attract and how the user experience these operators offer has enabled iGaming in the country to take off.
This, of course, is also something that translates to the world stage, where global iGaming revenues in 2023 hit an estimated $95 billion. iGaming’s global market volume is also pegged to rise to around $130 billion by 2027. These kinds of figures represent a sharp jump for iGaming worldwide and show how the sector is on the ascent.
Future economic outlook for Canada in line with global expectations
When considering the Canadian economic outlook for 2024, it is often useful to look at how this compares with global financial predictions. In addition to the rude health of iGaming in Canada being reflected in global online casino gaming, the positive economic outlook for the country is also broadly in line with expectations for many global economies.
Global growth is also predicted to rise steadily in the second half of 2024 before becoming stronger in 2025. This should be driven by the weakening effects of high interest rates on worldwide economic prosperity. With rate cuts in Canada already expected after Feb 2024’s inflation report, this could happen in the near future.
The performance of the US economy is always of interest in Canada, as this is the country’s biggest trading partner. Positive US Q2 performances in 2023, powered by a strong labor market, good consumer spending levels and robust business investments, were therefore a cause for optimism. As a US economy that continues to grow is something that Canadian businesses welcome, this can only be a healthy sign.
Canada set for further growth in 2024
Local news around Canada can cover many topics but the economy is arguably one of the most popular. A projected GDP growth figure of around 1% for Canada’s economy shows that the financial state of the country is heading in the right direction. An improved financial outlook heading into the latter half of 2024/2025 would make for even better reading, and the national economy should become even stronger.
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The Israeli song that almost won Eurovision was about far more than the breakup of a love affair
Noam Bettan, Israel’s Eurovision candidate who took second place in the competition, sang in three languages, and chose to start his performance in Hebrew. Meanwhile, the winner — from Bulgaria — sang entirely in English.
In all the news coverage of Eurovision, the tradition of Jewish multilingualism — and Bettan’s moving pride in his languages — was left out. But it’s an important part of Bettan’s family history, and it’s also a repeating theme of Jewish history.
Bettan’s parents immigrated to Israel from Grenoble, France, and before that, the Bettans lived in Algeria. Noam Bettan was born in Israel and grew up in Ra’anana, which is home to many English speakers.
As a child, he found it difficult to connect with members of his own family, because he was the only one who was born in Israel. He was also the only one who spoke Hebrew as a mother tongue, he told Israel’s Walla in 2021.
“Michelle,” the song Bettan sang in competition, is a rare trilingual song. It starts in Hebrew, the language in which Bettan feels most at home. Then it moves to French, the language of Bettan’s parents; his French is impeccable, and it was a nod to the importance of non-English languages in a contest that often favors English.
Last year’s winner, Austria’s JJ, performed “Wasted Love” entirely in English. When Israel won Eurovision in 2018 with Neta Barzilai’s “Toy,” the performance was also entirely in English.
When Bettan reached the third language of his song, English, which he likely heard in Ra’anana’s streets growing up, he mentioned walking through the Tel Aviv neighborhood of Florentin. His English was fine, but not as strong as his French.
He then moved back to Hebrew, and visibly moved at the end of his own performance, with tears in his eyes, ended with Am Yisrael Chai — “the people of Israel live.”
To what extent do Bettan’s language skills represent Israel?
More than 80% of Israelis speak more than one language; around 85% have some English proficiency, because English is mandatory in schools. Two percent of Israelis speak French as a mother tongue.
About 1 in 5 Israelis speak fluent Russian. Ten percent of Israeli Jews understand some Arabic but only 2.6% can read and understand Arabic-language media, according to a 2018 study by Sikkuy, an NGO which promotes equality between Israeli Jews and Arabs. Meanwhile, 53% of Israeli Arabs rated their Hebrew “good” or “very good,” according to Israel’s Central Bureau of Statistics. An estimated 250,000 Israelis speak Yiddish, and around 140,000 speak Amharic.
In the controversy over this year’s Eurovision, in which Spain, the Netherlands, Ireland, Slovenia and Iceland, all quit to protest Israel’s inclusion, some online commentators claimed that Bettan was singing about more than a breakup with a woman named “Michelle.” They thought he was singing to Europe, including the countries that walked out because he was on stage.
Mitpalel alayich, sh’tizki le’ehov—“I pray over you, that you will be privileged to love,” he sang. Bein dim’aa l’dimaa, yesh mi sh’yishma. “Between one tear and another tear, there will be someone who hears….”
Some believed that he was singing about the complex Jewish relationship with the European continent, the site of the greatest slaughter in Jewish history, now seeing a resurgence of antisemitism. He was singing, in French, telling Europe — nicknamed “Michelle” — that he was leaving.
But then, at the end, he sang in Hebrew that he hoped something good would happen to us.
That’s the mindset of many Jews right now, who no longer feel welcome in their prior homes — whether that’s a city, a country, or a profession. That pain may have morphed into an award-winning, trilingual song heard by millions, transliterated into English here, which might be about a girl — or, perhaps, about an entire people.
The post The Israeli song that almost won Eurovision was about far more than the breakup of a love affair appeared first on The Forward.
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A Yiddish chorus in Sao Paulo, Brazil finds its voice again
אין סאַאָ־פּאַולאָ, דער גרעסטער שטאָט אין בראַזיל, האָט דער אײנציקער כאָר אין לאַנד װאָס זינגט אױסשליסלעך אױף ייִדיש, אַרױסגעגעבן אַן אַלבאָם װאָס קלינגט סײַ טיף פֿאַרװאָרצלט אין טראַדיציע, סײַ באַנײַעריש. דער אַלבאָם הייסט „שמשׂ“ (אַרויסגערעדט „שאַמעס“).
דעם אַלבאָם האָט דער „טראַדיציע כאָר“ צוגעגרייט אין דער באָם־רעטיראָ געגנט, װאָס איז אױסגעפֿורעמט געװאָרן דורך נאָכאַנאַנדיקע כװאַליעס אימיגראַנטן פֿון פֿאַרשײדענע לענדער און קהילות. דער דיסק הײבט זיך אָן מיט גרױסע שלאַגערס פֿון ייִדישן רעפּערטואַר און ברײטערט זיך אױס אין אומגעװײנטלעכע ריכטונגען, בתוכם אימפּראָװיזירונג, עלעקטראָנישער מוזיק און באַגעגענישן מיט אַנדערע מוזיקאַלישע טראַדיציעס.
די פּרעמיערע פֿונעם אַלבאָם האָט מען אָפּגעהאַלטן דעם 22סטן אַפּריל אין „פֿאָלקסהױז“, אַ װיכטיקן ייִדישן קולטור־צענטער אין שטאָט, װאָס איז געגרינדעט געװאָרן אין 1946 אין אָנדענק פֿון די קרבנות פֿון חורבן. זינט יענער צײַט אָריענטירט זיך דאָס „פֿאָלקסהױז“ לױט די ייִדישיסטישע און אַנטיפֿאַשיסטישע פּרינציפּן פֿון איקו״ף (דעם „ייִדישן קולטור־פֿאַרבאַנד“), און פֿירט אָן, ביז הײַנט, מיט אַ ייִדישער ביבליאָטעק, קולטורעלע און פּעדאַגאָגישע אַקטיװיטעטן, און מיטן ייִדישן כאָר.
לױט די קוראַטאָרן פֿון אַלבאָם — קאַיאָ־מאָטל לעשער, לאַוראַ װיאַנאַ און זשוליאַ מאָרעלי — פֿונקציאָנירט זײַן טיטל װי אַ שליסל־מעטאַפֿער פֿאַר דעם גאַנצן פּראָיעקט. די 99־יאָריקע דיריגענטקע הוגעטאַ סענדאַטש איז די צענטראַלע פֿלאַם, װאָס װײַזט דעם װעג פֿון דער רײַכער ירושה פֿון דער ייִדישער שפּראַך צו די נײַע דורות זינגערס און ליבהאָבערס פֿון ייִדיש אינעם פֿאָלקסהױז. שוין צענדליקער יאָרן וואָס סענדאַטש פֿירט אָן מיטן כאָר.
דער אַלבאָם, װאָס איז שױן צוטריטלעך אױף „סאַונד־קלאַוד“, װעט סוף מײַ אָנקומען אין „ספּאָטיפֿײַ“, און װעט אױך אַרױסגעגעבן װערן װי אַ װיניל־פּלאַטע אין סעפּטעמבער. ער איז סטרוקטורירט װי אַ פּאַלינדראָם, פּונקט װי דאָס װאָרט „שמשׂ“ אַלײן, און קען װערן אָפּגעשפּילט אין צװײ ריכטונגען, װאָרעם די כּמעט־סימעטרישע זײַטן א׳ און ב׳ שאַפֿן אַ דיאַלאָג צװישן געדעכעניש און נײַע דערפֿינדונגען.
אױף דער ערשטער זײַט פֿונעם אַלבום, טרעט אױף דער כאָר ווי אַ טראַדיציאָנעלערער אַנסאַמבל, מיט נײַע אַראַנזשירונגען פֿון זשאָאַאָ באַריסבע און הוגעטאַ סענדאַטש. דער רעפּערטואַר נעמט אַרײַן סײַ קלאַסיקערס װי די פּאַרטיזאַנער־הימנע „זאָג ניט קײן מאָל“, סײַ פֿאָלקס־ניגונים. דער טרומײטער פֿראַנק לאָנדאָן, צוזאַמען מיטן קלאַרנעטיסט אַלעקס פּאַרק און דעם פּיאַניסט דניאל שאַפֿראַן, מישן צונויף דאָס כאָר־געזאַנג מיטן אינסטרומענטאַלן קלאַנג פֿון כּלי־זמר־מוזיק.
אױף דער צווייטער זײַט, װערן די זעלבע לידער דעמאָנטירט און באַשאַפֿן אױף ס׳נײַ דורך אײַנגעלאַדענע קינסטלערס, װי אַרטאָ לינדסײ, װאָס אימפּראָװיזירט אויפֿן סמך פֿון „זאָג ניט קײן מאָל“; קאַרלאַ באָרעגאַס, װאָס פֿאַרװאַנדלט אַ װיגליד אין אַן עטערישער (ethereal, בלע״ז), קלינגעװדיקער לאַנדשאַפֿט; פּאַולעטע לינדאַסעלװאַ, װאָס מאַכט איבער דאָס ליד „שאַ, שטיל” אין אַ פּולסירנדיקער עלעקטראָנישער שאַפֿונג; און אַװאַ ראָשאַ, װאָס גיט דעם חסידישן ניגון „בים־באַם“ אַ נײַע אינטערפּרעטאַציע.
אַנדערע דיאַספּאָרישע טראַדיציעס קומען אױך אַרײַן אין שפּיל. אַ כאָר פֿון קאָרעאַנער מאַמעס, װאָס איז טעטיק אין באָם־רעטיראָ, זינגט אַ טײל פֿונעם קאָרעאַניש פֿאָלקסליד „דאָס ליד פֿון מײַן מאַמען“, בשעת די אַפֿראָ־בראַזיליאַנער גרופּע פֿון פֿרױען־פּײַקלערס, „אילו אָבאַ דע מין“, באַגלייט דעם ייִדישן שלאַגער „שפּיל זשע מיר אַ לידל“. דער דאָזיקער נוסח פֿון ליד איז באַשאַפֿן געװאָרן אין צוזאַמענאַרבעט מיט דער ישׂראלדיקער קינסטלערין יעל ברתּנא פֿאַר דער פּיעסע „מיר זײַנען דאָ!“, װאָס איז פֿאָרגעשטעלט געװאָרן אין טאַיִב־טעאַטער.
דער פּראָיעקט נעמט אױך אַרײַן אַ נאָטנהעפֿט מיט װערטער אױף ייִדיש, סײַ מיט ייִדישע אותיות, סײַ טראַנסליטערירט, און אױך אױף פּאָרטוגעזיש. די איבערזעצונגען זײַנען געמאַכט געװאָרן דורך דעם סאַאָ־פּאַולער ייִדישיסטישן קאָלעקטיװ „ייִדישע טרופּע“ און דורך דער דיריגענטקע הוגעטאַ סענדאַטש אַלײן. דער מאַטעריאַל װערט באַגלײט אױך פֿון טעקסטן װעגן דעם רעפּערטואַר און דער טראַדיציע פֿון כאָר־געזאַנג אױף דער ייִדישער שפּראַך.
„שמשׂ“ װירקט װי אַ שטילער מאַניפֿעסט. דער טראַדיציע־כאָר, װאָס שטײט אין דער מסורה פֿון ייִדישע כאָרן אין סאַאָ־פּאַולאָ, מיט אַ העכער הונדערט־יאָריקער געשיכטע, װײַזט אױף אַן אַנדער פֿאָרעם פֿון המשכדיקײט, װאָס באַנײַט זיך אין אױסטױש מיט נײַע קאָנטעקסטן, ריטמען און פּאַרטנערס.
אין „פֿאָלקסהױז“ בלײַבט די ייִדישע קולטור אַזױ לעבעדיק, גראָד װײַל זי בײַט זיך כּסדר און שטײט אין ענגער פֿאַרבינדונג מיט אַנדערע שפּראַכן און מינהגים. אַזױ אַרום דינט דער טיטל פֿון אַלבאָם מער װי נאָר אַ מעטאַפֿער. ער באַשרײַבט דעם פּראָיעקט אַלײן׃ אַ פֿלאַם, װאָס טײלט זיך מיט איר פֿײַער מיט אַנדערע, אָן צו פֿאַרלירן דערבײַ איר אײגן ליכט.
[דער אַרטיקל איז רעדאַקטירט געוואָרן מיט דער הילף פֿון גוסטאַװאָ־גרשום עמאָס]
The post A Yiddish chorus in Sao Paulo, Brazil finds its voice again appeared first on The Forward.
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Trump Says ‘Good Chance’ of Iran Nuclear Deal After Delaying Strike
US President Donald Trump delivers remarks on the White House campus in Washington, DC, US, May 18, 2026. Photo: REUTERS/Jonathan Ernst
US President Donald Trump said on Monday there was a “very good chance” the United States could reach an agreement with Iran to prevent Tehran from obtaining a nuclear weapon, hours after saying he had postponed a planned military attack to allow negotiations to continue.
“There seems to be a very good chance that they can work something out. If we can do that without bombing the hell out of them, I would be very happy,” Trump told reporters gathered for a drug price announcement.
Earlier in the day, Trump said he had paused a planned attack against Iran to allow for negotiations to take place on a deal to end the US-Israeli war, after Iran sent a new peace proposal to Washington.
Trump said he had instructed the US military that “we will NOT be doing the scheduled attack of Iran tomorrow, but have further instructed them to be prepared to go forward with a full, large scale assault of Iran, on a moment’s notice, in the event that an acceptable Deal is not reached.”
No such attack had previously been announced, and Reuters could not determine whether preparations had been made for strikes that would mark a renewal of the war Trump started in late February.
Under pressure to reach an accord that would reopen the Strait of Hormuz, Trump has previously expressed hope that a deal was close on ending the war, and similarly threatened heavy strikes on Iran if Tehran does not reach a deal.
In his post, he said the leaders of Qatar, Saudi Arabia, and the United Arab Emirates had requested that he hold off on the attack because “a Deal will be made, which will be very acceptable to the United States of America, as well as all Countries in the Middle East, and beyond.” He did not offer details of the agreement being discussed.
Trump’s post came after Iranian Foreign Ministry spokesperson Esmaeil Baghaei confirmed that Tehran’s views had been “conveyed to the American side through Pakistan” but gave no details.
A Pakistani source confirmed that Islamabad, which has conveyed messages between the sides in the war in the Middle East since hosting the only round of peace talks last month, had shared the latest proposal with Washington. But the source suggested progress had been difficult.
The sides “keep changing their goalposts,” the Pakistani source said, adding: “We don’t have much time.”
IRAN REMAINS DEFIANT
Iran remained defiant in statements issued on state media after Trump’s announcement, warning the US and its allies against making any further “strategic mistakes or miscalculations” in attacking Iran, while contending the Iranian armed forces were “more prepared and stronger than in the past.”
Iran‘s top joint military command, Khatam al-Anbiya, said Iran‘s armed forces are “ready to pull the trigger” in the event of any renewed US attack, according to Iran‘s Tasnim news agency.
“Any renewed aggression and invasion … will be responded to quickly, decisively, powerfully, and extensively,” the commander of Khatam al-Anbiya, Ali Abdollahi, was quoted as saying.
The Iranian peace proposal, as described by a senior Iranian source, appeared similar in many respects to Iran‘s previous offer, which Trump rejected last week as “garbage.”
It would focus first on securing an end to the war, reopening the Strait of Hormuz – a major oil supply route that Iran has effectively blockaded – and lifting maritime sanctions.
APPARENT SOFTENING BY WASHINGTON
Contentious issues around Iran‘s nuclear program and uranium enrichment would be deferred to later rounds of talks, the source said.
However, in an apparent softening of Washington’s stance, the senior Iranian source said on Monday that the United States had agreed to release a quarter of Iran‘s frozen funds – totaling tens of billions of dollars – held in foreign banks. Iran wants all the assets released.
The Iranian source also said Washington had shown more flexibility in agreeing to let Iran continue some peaceful nuclear activity under supervision of the International Atomic Energy Agency.
The US has not confirmed that it has agreed to anything in the talks.
Iran‘s Tasnim news agency separately quoted an unidentified source as saying the US had agreed to waive oil sanctions on Iran while negotiations were under way.
Iranian officials did not immediately comment on Tasnim’s report, which a US official, who declined to be named, said was false.
A fragile ceasefire is in place after six weeks of war that followed US-Israeli airstrikes on Iran, although drones have been launched from Iraq towards Gulf countries, including Saudi Arabia and Kuwait, apparently by Iran and its allies. Pakistan’s Foreign Ministry issued a statement on Monday condemning a drone attack on Sunday, in which Saudi Arabia said it had intercepted three drones that entered the country from Iraqi airspace.