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Global Markets: California issues ‘stay at home’ order

By MarketsFarm

WINNIPEG, March 20 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.

– California has issued a ‘stay at home’ order on Thursday, restricting travel in the state of 40 million people indefinitely. The move came as the COVID-19 death toll in the United States hit 200 people, with 10,000 confirmed cases. Travel restrictions between the U.S. and Canadian border are set to go into effect today.

– World pollution levels have dropped as a result of the COVID-19 pandemic and resulting social distancing measures, according to data compiled by NASA and the European Space Agency using satellite imagery of China and Northern Italy.

– Daytime home internet use in Canada has seen a dramatic increase as employees that can attempt to temporarily work from home, say the country’s major internet suppliers. Bell reported a 60 per cent increase in traffic, according to a CBC report. The increased usage is anecdotally slowing some internet movement.

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