GFM Network News


Global Markets: Threat of war looms over eastern Mediterranean

Greek/Turkish tensions over gas, oil exploration

By MarketsFarm WINNIPEG, Sept. 11 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Tensions are building up between Turkey and Greece, raising the specter of military action between the two NATO and European Union allies. Greece recently denounced Turkey’s move to survey oil and gas fields […] Read more

Global Markets: Trump claims he wanted to avoid pandemic panic

U.S. leads world with COVID-19 cases

By MarketsFarm WINNIPEG, Sept. 10 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – United States President Donald Trump admitted he knew all along how dangerous the COVID-19 pandemic was going to be. In a recorded interview with journalist Bob Woodward, Trump claimed he didn’t want to […] Read more


Global Markets: Coronavirus vaccine trials halted

By MarketsFarm WINNIPEG, Sept. 9 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – A trial for a coronavirus vaccine was halted on Wednesday by the World Health Organization, after a study participant contracted an unexplained illness. The vaccine was being developed by AstraZeneca along with the […] Read more

Global Markets: Biden could keep Trump’s tariffs on China

Trade deficit hits 12-year high

By MarketsFarm WINNIPEG, Sept. 8 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – There are reports on Tuesday stating that Democratic nominee Joe Biden might maintain some of the tariffs on China that were imposed by the Trump administration, should he be elected president in November. […] Read more


Global Markets: U.S. jobs growth slows

By MarketsFarm WINNIPEG, Sep. 4 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Jobs growth in the United States slowed in August, with nonfarm payrolls increasing by 1.371 million jobs. That compares with an increase of 1.734 million the previous month, as government financial aid ran […] Read more



Global Markets: Promising U.S. manufacturing data

By MarketsFarm WINNIPEG, Sept. 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. United States manufacturing activity showed growth in August, marking the largest rate of expansion since late 2018. Data from the Institute for Supply Management showed expansion was faster than economists predicted, boosted by orders […] Read more

Global Markets: Worst quarter ever for Canada

But economy makes gains in June, July

By MarketsFarm WINNIPEG, Aug. 28 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Predictions by economists of the Canadian economy having the worst quarter on record proved to be true on Friday. Statistics Canada reported the country’s GDP plummeted by an annualized 38.7 per cent in […] Read more


Global Markets: U.S. Fed refocuses outlook on employment

Inflation to be 2% over time

By MarketsFarm WINNIPEG, Aug. 27 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Jerome Powell, the chair of the United States Federal Reserve, announced on the Thursday that the central bank will seek an inflation rate that averages two per cent over time. The Fed’s policy […] Read more

Global Markets: Champagne, Wang discuss Canadians in Chinese custody

Spavor, Kovrig facing espionage charges

By MarketsFarm WINNIPEG, Aug. 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canadian Foreign Minister Francois-Philippe Champagne and Chinese state councilor Wang Yi discussed the plight of Michael Spavor and Michael Kovrig, the two Canadians detained in China since December 2018. Spavor and Kovrig were […] Read more