By MarketsFarm WINNIPEG, Aug. 3 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The Bank of England raised its key interest rate by a quarter of a percentage point on Thursday, taking it to a 15-year high of 5.25 per cent. The BoE also warned that […] Read more
Global Markets: Bank of England raises interest rates
Global Markets: Russia attacks Ukrainian inland port
By MarketsFarm WINNIPEG, Aug. 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Ukraine’s main inland port across the Danube River from Romania was attacked by Russia on Wednesday, destroying buildings and halting ships from moving grain from the country’s major alternative route to the […] Read more
Global Markets: Drone strikes hit Moscow office tower again
By MarketsFarm WINNIPEG, Aug. 1 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. A Moscow office tower containing three Russian government ministries was struck by a drone for the second time in three days on Tuesday. Ukraine has not directly claimed responsibility for the strikes […] Read more
Global Markets: Uncertainty in Niger following coup
By MarketsFarm WINNIPEG, July 31 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The situation in Niger remains uncertain days after a military junta seized power in a coup. West African nations have given the coup leaders one week to reinstate the country’s democratically elected […] Read more
Global Markets: Economy grew somewhat in May
Declines in energy, residential construction sectors
WINNIPEG, July 28 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Statistics Canada reported on Friday that the country’s economy grew by 0.3 per cent in May, a pinch lower than the 0.4 per cent increase initially projected. The 2.1 per cent drop in the energy […] Read more
Global Markets: U.S. Fed, ECB raise interest rates
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The United States Federal Reserve raised its key interest rates by 25 basis points to a range of 5.25 to 5.5 per cent on Wednesday, the highest level since 2001. It was the 11th time in 17 months […] Read more
Global Markets: Major cabinet shuffle in works
Most ministers leaving due to their retirements
Compiled by MarketsFarm WINNIPEG, July 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Canadian Prime Minister Justin Trudeau is set to shake-up his cabinet on Wednesday, with several key ministers on their way out – most due to their pending retirements from federal politics. […] Read more
Global Markets: Israelis take to the street
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Thousands of protesters took to the streets and confronted police in Israel on Monday after the right-wing government led by Prime Minister Benjamin Netanyahu passed a controversial law prohibiting the Supreme Court from reviewing some government decisions. Opposition […] Read more
Global Markets: Trudeau to shuffle cabinet
Mendicino said to be moving out of Public Safety
Compiled by MarketsFarm WINNIPEG, July 24 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Canadian Prime Minister Justin Trudeau asked on Monday for cabinet ministers to return to Ottawa by Tuesday. Reports said that besides a series of meetings, Trudeau will shuffle his cabinet on […] Read more
Global Markets: Deal reached in B.C. port strike again
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The International Longshore and Warehouse Union (ILWU) Canada announced on Thursday it has reached a deal with the British Columbia Maritime Employers Association (BCMEA) for the second time in a week. The union’s contract caucus will vote on […] Read more