By MarketsFarm WINNIPEG, April 29 – The following is a glance at the news moving markets in Canada and globally. – Canada’s real gross domestic product was up by 1.1 per cent on a monthly basis in February, marking the ninth monthly increase in a row. Preliminary estimates for March call for 0.5 per cent […] Read more
Global Markets: Rising inflation reported
Global Markets: U.S. GDP unexpectedly down in first quarter
By MarketsFarm WINNIPEG, April 28 – The following is a glance at the news moving markets in Canada and globally. – The United States economy experienced an unexpected contraction in the first quarter of 2022, with the country’s gross domestic product down by 1.4 per cent on an annualized basis. The decline was the first […] Read more
Global Markets: Fossil fuel woes felt around the world
Russia cuts gas to Poland, Bulgaria
Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 27 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Russia cut off gas supplies to Poland and Bulgaria on Wednesday after both countries refused to pay for the gas in Russian rubles. While Poland’s energy consumption is nine per […] Read more
Global Markets: Lavrov warns of war turning nuclear
'It should not be underestimated'
Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – As the United States and several other countries ramp up their military aid to Ukraine, Russia Foreign Minister Sergei Lavrov raised the spectre of a nuclear conflict on Tuesday. “The […] Read more
Global Markets: Missile strikes at five railway stations in Ukraine
Attacks come day after top U.S. officials meet with Zelensky
Compiled by Glen Hallick, MarketsFarm WINNIPEG, April 25 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Five railway stations in central and western Ukraine were struck by Russian missiles on Monday, according to Oleksander Kamyshin, the chair of Ukrzaliznytsia – the country’s state railway. While Kamyshin […] Read more
Global Markets: Russia wants to capture southern, eastern Ukraine: general
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Rustam Minnekayev, the deputy commander of Russia’s central military district, told state news agencies on Friday the country aims to seize the entire Donbas region and capture all of southern Ukraine. In response, the defence ministry of Ukraine […] Read more
Global Markets: Russia claims victory in Mariupol
WINNIPEG, April 21 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Russian President Vladimir Putin claimed victory in the eastern Ukrainian port city of Mariupol on Thursday despite not ordering troops to attack 2,000 Ukrainian soldiers holed up underneath a steel plant. Putin added that “combat […] Read more
Global Markets: Canada’s inflation rate rises to 6.7 per cent
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada announced on Wednesday that Canada’s annual inflation rate rose to 6.7 per cent in March, the highest level since January 1991. The rate was a full percentage point higher than the previous month. Transportation costs were […] Read more
Global Markets: Russia intensifies attacks on Donbas
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Russian forces have now shifted most of their focus on the Donbas region in eastern Ukraine with assaults beginning Monday along a 480-kilometre long front. Russian soldiers who retreated from the Ukrainian capital of Kyiv have since regrouped […] Read more
Global Markets: Russia attacks Ukrainian city of Lviv
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – At least seven people are dead and 11 were wounded after Russian forces fired missiles at the western Ukrainian city of Lviv on Monday. The city previously has not been attacked as much as other cities in the […] Read more