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Montreal, Canada – Canadian human rights activists are demanding answers from their government after a former United Nations special rapporteur who investigated Israeli abuses against Palestinians was interrogated at the Canadian border on “national security” grounds.

Richard Falk, 95, was stopped at Toronto Pearson International Airport on Thursday and questioned for several hours. He said a security official told him that Canada had concerns that he and his wife, fellow legal scholar Hilal Elver, posed “a danger to the national security of Canada”.

The treatment of the couple has sparked anger and calls for an explanation from Ottawa.

“We need answers – and from the highest levels of government,” said Corey Balsam, national coordinator at Independent Jewish Voices-Canada, a group that supports Palestinian rights.

Despite the outcry, Canadian authorities have not publicly addressed the incident. But the office of Minister of Public Safety Gary Anandasangaree, who oversees the Canada Border Services Agency (CBSA), has acknowledged the case in a statement to Al Jazeera, saying he is seeking more information about what happened.

“National security safeguards are an integral part of our immigration and border-management framework and, while we cannot comment on specific cases, we are committed to ensuring that our border screening processes respect due process and international obligations,” Simon Lafortune, a spokesperson for Anandasangaree, told Al Jazeera in an email.

“To that end, Minister Anandasangaree has asked the CBSA to provide more specific details on how this particular incident occurred.”

Falk told Al Jazeera on Saturday that he and Elver were asked about their work on Israel, Gaza and genocide as well as about their participation in an event in Ottawa looking into Canada’s role in Israel’s war on Gaza, which a UN inquiry and numerous rights groups have described as a genocide.

After more than four hours of questioning, the pair – both US citizens – were allowed to enter Canada and take part in the Palestine Tribunal on Canadian Responsibility.

‘Patently ridiculous’

Alex Paterson, senior director of strategy and parliamentary affairs at the advocacy group Canadians for Justice and Peace in the Middle East, called the government’s treatment of the couple “patently ridiculous”.

“I think it just lays bare for everyone the reality that they wanted to hamper the tribunal’s work and try and keep Canadian complicity in Israel’s genocide … in the shadows,” Paterson told Al Jazeera on Monday.

He added that the Canadian government “has been trying to avoid questions of its complicity in arming the genocide, and that’s reason enough to do this”.

Since Israel’s war on Gaza began in October 2023, Canadian human rights advocates have been calling on the government to apply pressure on Israel, a longstanding ally, to end its attacks on the Palestinian enclave.

Those calls for concrete action from Canada have grown as Israel’s military assault and restrictions on aid have killed tens of thousands of people and pushed Gaza into a humanitarian crisis.

Last year, the Canadian government announced it was suspending some weapons export permits to Israel amid the atrocities in the territory.

Prime Minister Mark Carney, who took office in March, also voiced opposition to Israel’s blockade on aid to Gaza and a surge in Israeli military and settler violence in the occupied West Bank.

Meanwhile, along with several allies, Carney’s government recognised an independent Palestinian state in September.

But researchers and human rights advocates said loopholes in Canada’s arms export system have allowed Canadian-made weapons to continue to reach Israel, often via the United States.

They have also urged Canada to do more to stem continued Israeli attacks against Palestinians in Gaza and the West Bank and to support efforts to hold Israel accountable for serious abuses, including at the International Criminal Court.

‘Climate of governmental insecurity’

In his interview with Al Jazeera on Saturday, Falk, who served as UN special rapporteur on human rights in the occupied Palestinian territory from 2008 to 2014, said he believed his interrogation was part of a wider push to silence those who speak the truth about what is happening in Gaza.

“It suggests a climate of governmental insecurity, I think, to try to clamp down on dissident voices,” he said.

Al Jazeera has contacted multiple relevant Canadian government agencies to ask whether Ottawa views the 95 year old as a threat to national security – and if so, why.

A CBSA spokesperson said in an email on Monday that the agency could not comment on specific cases, but stressed that “secondary inspections are part of the cross-border process”.

“It is important to note that travellers referred to secondary inspection are not being ‘detained,’” spokesperson Rebecca Purdy said.

“Foreign nationals seeking entry into Canada can be subjected to a secondary inspection by an officer to determine admissibility to Canada. In some instances, the inspection may take longer due to information being gathered through questioning.”

Global Affairs Canada, the Canadian foreign ministry, has not yet responded to a request for comment from Al Jazeera sent on Saturday.

Balsam of Independent Jewish Voices-Canada said treating someone like Falk as a security threat sends a message that “actually none of us are safe from the suppression of dissent and crackdown on voices that are critical of the Israeli regime“.

“We all deserve an answer and an explanation from the government as to this incident, which casts a chill for all Canadians that are speaking out about human rights in general and Palestine in particular,” he told Al Jazeera.

WASHINGTON — Elections this week that energized Democrats and angered President Trump have cast a chill over efforts to end the record-breaking government shutdown, raising fresh doubts about the possibility of a breakthrough despite the punishing toll of federal closures on the country.

Trump has increased pressure on Senate Republicans to end the shutdown — now at 37 days, the longest in U.S. history — calling it a “big factor, negative” in the poor GOP showings across the country. Democrats saw Trump’s comments as a reason to hold firm, believing his involvement in talks could lead to a deal on extending health care subsidies, a key sticking point to win their support.

Senate Majority Leader John Thune opened what’s seen as a pivotal day in efforts to end the government shutdown by saying the next step hinges on a response from Democrats to an offer on the table.

“It’s in their court. It’s up to them,” Thune told reporters Thursday.

But Senate Democratic Leader Chuck Schumer held firm in opening remarks Thursday, saying voters “fired a political torpedo at Trump and Republicans” in Tuesday’s election.

“Donald Trump clearly is feeling pressure to bring this shutdown to an end. Well, I have good news for the president: Meet with Democrats, reopen the government,” Schumer said on the Senate floor.

Trump is refusing to meet with Democrats, insisting they must open the government first. But complicating the GOP’s strategy, Trump is increasingly fixated instead on pushing Republicans to scrap the Senate filibuster to speed reopening — a step many GOP senators reject out of hand. He kept up the pressure in a video Wednesday, saying the Senate’s 60-vote threshold to pass legislation should be “terminated.”

“This is much bigger than the shutdown,” Trump said. “This is the survival of our country.”

Senate Democrats face pressures of their own, both from unions eager for the shutdown to end and from allied groups that want them to hold firm. Many see the Democrats’ decisive gubernatorial wins in Virginia and New Jersey as validation of their strategy to hold the government closed until expiring health care subsidies are addressed.

“It would be very strange for the American people to have weighed in, in support of Democrats standing up and fighting for them, and within days for us to surrender without having achieved any of the things that we’ve been fighting for,” said Sen. Chris Murphy, D-Conn.

Meanwhile, talks grind on, but the shutdown’s toll deepens. On Wednesday, the Federal Aviation Administration announced plans to reduce air traffic by 10% across 40 high-volume markets beginning Friday to maintain safety amid staffing shortages. Millions of people have already been affected by halted government programs and missed federal paychecks — with more expected as another round of paydays approaches next week.

Progressives see election wins as reason to fight

Grassroots Democratic groups nationwide touted Tuesday’s election results as voter approval of the shutdown strategy — and warned lawmakers against cutting a deal too soon.

“Moderate Senate Democrats who are looking for an off-ramp right now are completely missing the moment,” said Katie Bethell, political director of MoveOn, a progressive group. “Voters have sent a resounding message: We want leaders who fight for us, and we want solutions that make life more affordable.”

Some Senate Democrats echoed that sentiment. Sen. Bernie Sanders, a Vermont independent who caucuses with Democrats and a leading voice in the progressive movement, said Democrats “have got to remain strong” and should secure assurances on extending health care subsidies — including “a commitment from the speaker of the House that he will support the legislation and that the president will sign.”

Still, how firmly the party remains dug in remains to be seen. Some Democrats have been working with Republicans to find a way out of the standoff, and they held firm after the election that it had not impacted their approach.

“I don’t feel that the elections changed where I was,” said Sen. John Hickenlooper, D-Colo. “I still feel I want to get out of the shutdown.”

Some Republicans also shared in Trump’s concerns that the shutdown is becoming a drag on the party.

“Polls show that most voters blame Republicans more than Democrats,” said Sen. Josh Hawley, a Missouri Republican. “That’s understandable given who controls the levers of power.”

Trump sets another shutdown record

While some Democrats saw Trump’s comments on the shutdown Wednesday as evidence he’d soon get more involved, he’s largely stayed out of the fray. Instead, the talks have intensified among a loose coalition of centrist senators trying to negotiate an end to the shutdown.

Trump has refused to negotiate with Democrats over their demands to salvage expiring health insurance subsidies until they agree to reopen the government. But skeptical Democrats question whether the Republican president will keep his word, particularly after his administration restricted SNAP food aid despite court orders to ensure funds are available to prevent hunger.

Trump’s approach to the shutdown stands in marked contrast to his first term, when the government was partially closed for 35 days over his demands for money to build a U.S.-Mexico border wall. At that time, he met publicly and negotiated with congressional leaders. Unable to secure the money, he relented in 2019.

This time, it’s not just Trump declining to engage in talks. The congressional leaders are at a standoff, and House Speaker Mike Johnson, R-La., sent lawmakers home in September after they approved their own funding bill, refusing further negotiations.

Johnson dismissed the party’s election losses and said he’s looking forward to a midterm election in 2026 that’ll more reflect Trump’s tenure.

In the meantime, food aid, child care money and countless other government services are being seriously interrupted. Hundreds of thousands of federal workers have been furloughed or are expected to work without pay.

Senators search for potential deal

Central to any resolution will be a series of agreements that would need to be upheld not only by the Senate but also by the House and the White House, which is not at all certain in Washington.

Asked if the House would guarantee a vote on extending health care subsidies if the Senate struck a deal, Johnson said Thursday, “I’m not promising anybody anything.”

Senators from both major parties, particularly the members of the powerful Appropriations Committee, are pushing to ensure the normal government funding process in Congress can be put back on track. Among the goals is guaranteeing upcoming votes on a smaller package of bills to fund various aspects of government such as agricultural programs and military construction projects at bases.

More difficult, a substantial number of senators also want some resolution to the standoff over the funding for the Affordable Care Act subsidies that are set to expire at year’s end.

With insurance premium notices being sent, millions of people are experiencing sticker shock on skyrocketing prices. The loss of enhanced federal subsidies, which were put in place during the COVID-19 pandemic and come in the form of tax credits, are expected to leave many people unable to buy health insurance.

Senate Majority Leader John Thune, R-S.D., has promised Democrats at least a vote on their preferred health care proposal, on a date certain, as part of any deal to reopen government. But that’s not enough for some senators, who see the health care deadlock as part of their broader concerns with Trump’s direction for the country.

Cappelletti, Mascaro and Jalonick write for the Associated Press.

An estimated half a trillion dollars was wiped out from the financial markets this week, as some of the biggest tech companies, including Nvidia, Microsoft, and Palantir Technologies saw a temporary but sizeable drop in their share prices on Tuesday. It may have been just a short-lived correction, but experts warn of mounting signs of a financial market crash, which could cost several times this amount.

With dependence on tech and AI growing, critics argue that betting on these profits is a gamble, stressing that the future remains uncertain.

Singapore’s central bank joined a global chorus of warnings from the IMF, Fed Chair Jerome Powell, and Andrew Bailey about overvalued stocks.

The Monetary Authority of Singapore said on Wednesday that such a trend is fuelled by “optimism in AI’s ability to generate sufficient future returns”, which could trigger sharp corrections in the broader stock market.

Goldman Sachs and Morgan Stanley predict a 10–20% decline in equities over the next one to two years, their CEOs told the Global Financial Leaders’ Investment Summit in Hong Kong, CNBC reported.

Experts interviewed by Euronews Business also agree that a sizeable correction could be on the way.

In a worst-case scenario, a market crash could wipe out trillions of dollars from the financial markets.

According to Mathieu Savary, chief European strategist at BCA Research, Big Tech companies, including Nvidia and Alphabet, would cause a $4.4 trillion (€3.8tn) market wipeout if they were to lose just 20% of their stock value.

“If they go down 50%, you’re talking about an $11tr (€9.6tr) haircut,” he said.

AI rally: Bubble or boom?

The US stock market has defied expectations this year. The S&P 500 is up nearly 20% over the past 12 months, despite geopolitical tensions and global trade uncertainty driven by Washington’s tariff policies. Gains have been strongest in tech, buoyed by optimism over future AI profits.

While Big Tech continues to deliver, with multibillion-dollar AI investments and massive infrastructure buildouts now routine, concerns are growing over a slowing US economy, compounded by limited data during the government shutdown. Once fresh figures emerge, they could rattle investors.

AI enthusiasm is most evident in Nvidia’s extraordinary stock gains and soaring valuation. The company is central to the tech revolution as its graphics processing units (GPUs) are essential for AI computing.

Nvidia’s shares have surged over 3,000% since early 2020, recently making it the world’s most valuable public company. Between July and October alone, it gained $1tr (€870bn) in market capitalisation — roughly equal to Switzerland’s annual GDP. Its stock trades at around 45 times projected earnings for the current fiscal year.

Derren Nathan, head of equity research at Hargreaves Lansdown, said: “Much of this growth is backed by real financial progress, and despite the massive nominal increase in value, relative valuations don’t look overstretched.”

Analysts debate whether the current market mirrors the dot-com bubble of 2000. Nathan notes that many tech companies that failed back then never reached profitability, unlike today’s giants, which generate strong revenues and profits, with robust demand for their products.

Ben Barringer, global head of technology research at Quilter Cheviot, added: “With governments investing heavily in AI infrastructure and rate cuts likely on the horizon, the sector has solid foundations. It is an expensive market, but not necessarily a screaming bubble. Momentum is hard to sustain, and not every company will thrive.”

BCA Research sees a bubble forming, though not set to burst immediately. Chief European strategist Mathieu Savary said such bubbles historically peak when firms begin relying on external financing for large projects.

Investments in assets for future growth, or capital expenditures, as a share of operating cash flow, have jumped from 35% to 70% for hyperscalers, according to Savary. Hyperscalers are tech firms such as Microsoft, Google, and Meta that run massive cloud computing networks.

“The share of operating earnings is likely to move above 100% before we hit the peak,” Savary added. This means that they may soon be investing more than they earn from operations.

Recent examples of Big Tech firms turning to external financing for such moves include Meta’s Hyperion project with Blue Owl Capital and Alphabet’s €3 billion bond issue for AI and cloud expansion.

While AI investment growth is hard to sustain, Quilter’s Barringer told Euronews: “If CapEx starts to moderate later this year, markets may start to get nervous.”

Other factors to watch include return on invested capital and rising yields and inflation pressures, which could signal a higher cost of capital and a bubble approaching its end.

“But we’re not there yet,” said Savary.

Further concerns and how to hedge against market turbulence

Even as tech companies ride the AI wave, inflated expectations for future profits may prove difficult to meet.

“The sceptics’ main problem may not be with AI’s potential itself, but with the valuations investors are paying for that potential and the speed at which they expect it to materialise,” said AJ Bell investment director Russ Mould.

A recent report by BCA reflects the mounting reasons to question the AI narrative, but the technology “remains a potent force”, said the group.

If investor optimism does slow, “a sharp correction in tech could still have ripple effects across broader markets, given the sector’s dominant weight in global indices,” Barringer said. He added that other regions and asset classes, such as bonds and commodities, would be less directly affected and could provide an important balance during a downturn.

According to Emma Wall, chief investment strategist at Hargreaves Lansdown, “investors should use this opportunity to crystallise impressive gains and diversify their portfolios to include a range of sectors, geographies and asset classes — adding resilience to portfolios. The gold price tipping up is screaming a warning again — a siren that this rally will not last.”

Netflix on Wednesday touted a surge in popularity for its low-cost streaming plan with ads, as it looks to tap into the lucrative the world of brands.

The streaming giant said it now has more than 190 million monthly active viewers watching ads through a plan that costs $7.99 a month. The lowest cost ad-free plan costs $17.99 a month.

In May, Netflix said it had 94 million monthly active users watching ads through the cheaper plan. That translated to roughly 170 million monthly active viewers, the company said at the time.

However, the Los Gatos, Calif.-based company is now using a different methodology to measure its audience watching ads, making exact comparison’s difficult.

Netflix now defines monthly active viewers as customers who watched at least 1 minute of ads on Netflix per month. It then multiplies that by the estimated average number of people in a household. Previously, Netflix had measured monthly active users based on the number of Netflix profiles watching content with ads.

The streamer said its previous measurement didn’t illustrate all the people who were in the room watching.

“Our move to viewers means we can give a more comprehensive count of how many people are actually on the couch, enjoying our can’t-miss series, films, games and live events with friends and family,”wrote Amy Reinhard, Netflix’s president of advertising in a post on the streamer’s website on Wednesday.

On Wednesday, Netflix executives said the growth in ad viewers was in line with their expectations.

“We are very satisfied with where we are at,” Reinhard, said in a press briefing. “We think there is a lot of opportunity to grow on this plan around the world, and we’re going to continue to make sure that we are offering our customers a great experience and a great buying experience on the advertising side.”

Netflix began its foray into ad-supported streaming in 2022, after it received pressure from investors to diversify how it makes revenue. Previously, Netflix mainly made money through subscriptions and for many years had been ad-adverse.

The company said last month it was on track to more than double its ad revenue in 2025, but did not cite specific figures. Netflix Co-CEO Greg Peters said in an earnings presentation in October that the ad revenue is still small relative to the size of the company’s subscription revenues, but advertisers are excited about Netflix’s growing scale.

“We see plenty of room for growth ahead,” Peters said.

On Wednesday, Netflix said it is expanding its options for advertisers, including demographic targeting in areas such as education, marital status and household income.

Netflix also said it has partnered with brands including brewing company Peroni Nastro Azzurro in ads for its romantic comedy series “Emily in Paris,” and tested dynamic ad insertion with programs including WWE Raw this quarter and will offer that feature in the U.S. and other countries for NFL Christmas Gameday.

Many streamers have been increasing the cost of their subscriptions in order to become more profitable. Earlier this year Netflix raised the prices on plans.