By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. At least 23 people are now dead in Kenya with more than 200 injured after widespread protests against the country’s government turned violent. Protest organizers said on Wednesday they will keep […] Read more
Global Markets: Death toll rising in Kenya
Country-wide protests against tax hikes, spending cuts
Global Markets: Canadian inflation rises to 2.9 per cent
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Canada’s annual inflation rate accelerated to 2.9 per cent in May from 2.7 per cent the previous month, according to a report from Statistics Canada. The growth in the Consumer Price Index […] Read more
Global Markets: Battery plant fire in South Korea
By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. A fire at a lithium battery plant near Seoul, South Korea, killed at least 22 workers and injured eight more, according to reports. The fire began after batteries exploded while they were being […] Read more
Global Markets: Killer record heat persists
Thousands dead throughout Northern Hemisphere
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. As record heat continued to bring scorching temperatures on Friday to regions of the Northern Hemisphere, the death toll has risen into the thousands of people. Hundreds of Muslim pilgrims died […] Read more
Global Markets: New records for fossil fuels
Useage up 1.5 per cent from 2022
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Fossil fuel consumption and energy emissions in 2023 hit all-time highs worldwide, according to a report from the Statistical Review of World Energy released on Thursday. The report said global primary […] Read more
Global Markets: Nvidia – the world’s most valuable company
Shares up 1,100 per cent since their low
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Reports said Nvidia became the world’s most valuable company on Tuesday after its shares increased 3.5 per cent at US$3.34 trillion. The drive for artificial intelligence has skyrocketed demand for Nvidia’s […] Read more
Global Markets: Extreme heat for Eastern Canada
Will like 40 degrees Celsius
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Temperatures throughout much of Eastern Canada will feel like the low 40 degrees Celsius on Tuesday, according to reports. As well, Environment and Climate Change Canada issued heat warnings this morning […] Read more
Global Markets: Peace summit ends with disunity
Five countries refuse to sign final communique
By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Following the ‘peace summit’ in Switzerland during the weekend, the 90-plus countries that participated failed to agree on the final communique. India, Indonesia, Mexico, Saudi Arabia and South Africa declined to […] Read more
Global Markets: Storms cause power outages in Eastern Canada
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Tens of thousands of residents across Ontario and Quebec were without power on Friday after severe thunderstorms passed through both provinces. At least 60,000 hydro customers in Eastern Canada were affected by 800 outages from Timmins, […] Read more
Global Markets: Canada uses frozen assets to help Ukraine
Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Canada will contribute C$5 billion to assist in Ukraine’s fight against Russia as part of a plan with other G7 leaders. The United States has proposed using the interest on 200 billion euros in frozen assets […] Read more