Markets update at midmorning

On the markets at midmorning (ET):The Toronto Stock Exchange’s S&P/TSX composite index was up 25.91 points to 15,917.54, after 90 minutes of trading.In New York, the Dow Jones industrial average was up 11.54 points to 23,412.40. The S&P 500 index was up 13.92 points to 2,574.32 and the Nasdaq composite index was up 98.41 points to 6,655.18.The Canadian dollar was trading at 77.57 cents US, down from Thursday’s average price of 77.94 cents US.The December crude contract was up 73 cents to US$53.37 per barrel and the December natural gas contract was down eight cents to US$2.97 per mmBTU.The December gold contract was up $1.30 to US$1,270.90 an ounce and the December copper contract was down one cent to US$3.17 a pound.

Hearings for Burkina FasoNiger border case end at UN International Court of

The Hague-based ICJ, also known as the World Court, has been asked to delineate the border between the two nations from the so-called Tong-Tong marker to the start of the Botou bend.During the hearings, Burkina Faso explained that the delimitation of the disputed part should be based on a 1927 French colonial decree, when both countries were part of French West Africa, while Niger contended that the decree was not precise enough to define the frontier in certain areas and asked the Court to delimit it by using a 1960 map of the French Institut Géographique as adjusted with factual evidence of territorial sovereignty.As a result, the frontier line put forward by Niger runs south-west of the one offered by Burkina Faso, with the biggest disagreement relating to the Bossebangou area in the centre of the disputed sector.Established in 1945 under the UN Charter, the ICJ is one of the six principal organs of the world body. It settles legal disputes between States and gives advisory opinions on legal questions that have been referred to it by authorized UN organs or specialized agencies. read more