By MarketsFarm WINNIPEG, Aug. 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Democrat presidential nominee Joe Biden announced on Tuesday that first-term United States Senator Kamala Harris will be his running mate in November’s election. Harris is the first African-American woman, first Asian-American and the […] Read more
Global Markets: Harris’s political star rises, Morneau’s is sinking
Union, automakers begin contract talks
Global Markets: Russia claims it has coronavirus vaccine
Lack of data leads to skepticism
By MarketsFarm WINNIPEG, Aug. 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Russia announced on Tuesday the approval of a coronavirus vaccine. However, the news has been treated with skepticism by the medical community, citing safety concerns and the true effectiveness of the vaccine, according […] Read more
Global Markets: Canada retaliating against U.S. tariffs
Mass protests in Belarus, Lebanon
By MarketsFarm WINNIPEG, Aug. 10 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canada will impose C$3.6 billion of tariffs on products from the United States, Deputy Prime Minister Chrystia Freeland announced during a news conference on Friday. The move comes after U.S. President Donald Trump […] Read more
Global Markets: Good news, bad news for Canadian economy
U.S. sees job growth in July
By MarketsFarm WINNIPEG, Aug. 7 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Approximately 418,500 jobs were added to the Canadian economy in July, according to Statistics Canada on Friday. This marked the third consecutive month there has been job growth, which followed the turmoil created […] Read more
Global Markets: Cost of food rises globally in July
Index increases from 93.1 to 94.2
By MarketsFarm WINNIPEG, Aug. 6 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The world food price index increased in July, according to a report from the United Nations Food and Agriculture Organization on Thursday. The FAO said a basket of cereals, oilseeds, dairy products, meat […] Read more
Global Markets: Massive explosion devastates Beirut
Death toll reaches 100, expected to rise
By MarketsFarm WINNIPEG, Aug. 5 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The death toll from the Aug. 4 blast that levelled Beirut’s port and parts of Lebanon’s capital city reached 100 as of Tuesday. There are more than 4,000 injured and a great many […] Read more
Global Markets: Pandemic impeding education of over one billion children
China threatens TikTok retaliation
By MarketsFarm WINNIPEG, Aug. 4 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – More than one billion students around the world have had their education disrupted by the COVID-19 pandemic, according to the United Nations on Tuesday. Secretary-General Antonio Guterres told the media that the world […] Read more
Global Markets: Hong Kong to delay election one year
By MarketsFarm WINNIPEG, July 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Hong Kong’s upcoming September Legislative Council election will be delayed for a year, after current chief executive Carrie Lam invoked emergency measures amid concerns over the COVID-19 pandemic. The delay is seen as […] Read more
Global Markets: U.S. GDP falls record 32.9% in second quarter
By MarketsFarm WINNIPEG, July 30 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The United States gross domestic product fell by a record 32.9 per cent in the second quarter of 2020, according to data from the Bureau of Economic Analysis. The decline was at the […] Read more
Global Markets: 101.5 million-year-old microbes revived
By MarketsFarm WINNIPEG, July 29 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The European Union will spend US$73.9 million to acquire enough doses of the drug remdesivir from pharmaceutical company Gilead to treat 30,000 COVID-19 patients. Health Canada has also just approved the drug for […] Read more