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Once-hot Toronto housing hits deep freeze as lending rules bite

Bloomberg The only thing that might be colder than Toronto in January is the Canadian city’s housing market. While the bleak mid-winter is never the best time to sell a home in Canada, a string of open houses in the country’s largest city were chillingly empty on a recent afternoon. Tougher mortgage rules went into effect on January 1 just ...

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Putin stages Syria peace meet boycotted by Assad opponents

Bloomberg Russia is hosting a Syria peace summit in the Black Sea resort of Sochi, with its hopes for securing an internationally-backed plan dashed as the opposition boycotts the initiative. More than two years since Russia’s military intervention in the war-torn country, it’s succeeded in decisively shoring up ally Bashar al-Assad. But even as the Syrian leader closes in on ...

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US set to resume refugee admissions from 11 countries

WASHINGTON / Reuters The United States will resume admissions for refugees from 11 countries identified as presenting a high security risk, but with extra vetting for these mostly Middle Eastern and African nations, senior US officials said on Monday. The changes came after a 90-day review of refugee admissions from Egypt, Iran, Iraq, Libya, Mali, North Korea, Somalia, South Sudan, ...

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