By MarketsFarm WINNIPEG, Dec. 12 – The following is a glance at the news moving markets in Canada and globally. Iran has carried out its second public execution of a protester, hanging Majidreza Rahnavard from a crane less than a month after he fatally stabbed two members of a paramilitary force. At least […] Read more
Global Markets: Iran carries out public execution
Global Markets: Putin threatens to cut Russian oil production
G7, EU cap Russian oil at US$60/barrel
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 9 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Russian President Vladimir Putin stated on Friday that his country’s oil industry may cut production in response to the G7/European Union’s cap on its crude oil. Any notable cut […] Read more
Global Markets: Griner returning to the U.S.
Whelan remains in Russian prison
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 8 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. United States basketball star Brittney Griner was released from a Russian penal colony on Thursday, in exchange for notorious arms dealer Viktor Bout. Griner was arrested at a Moscow […] Read more
Global Markets: BoC announcement today
Interest rates rising to 4 or 4.25 per cent
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 7 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The Bank of Canada (BoC) is scheduled to make its latest interest rate announcement at 9 am CST on Wednesday. Analysts have been split over the amount of the […] Read more
Global Markets: The amount Canadians owe rises
Auto loans, credit cards behind increase
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 6 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Multinational credit bureau Equifax stated on Tuesday that credit card debt in Canada rose 7.3 per cent in the third quarter compared to the same time last year. Equifax […] Read more
Global Markets: Price cap on Russian oil starts today
Places upper limit of US$60 per barrel
Compiled by Glen Hallick, MarketsFarm WINNIPEG, Dec. 5 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. The Group of Seven major economies’ cap on Russian oil imports kicked in on Monday, pegged at US$60 per barrel. The cap is said to halt “Russia profiting from […] Read more
Global Markets: Unemployment declines slightly, says StatCan
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada (StatCan) reported on Friday that the country’s unemployment rate declined slightly to 5.1 per cent in November according to its labour force survey. The report also said that 10,000 jobs were added to Canada’s economy during […] Read more
Global Markets: U.S. House passes bill to avert rail strike
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The United States House of Representatives voted on Wednesday to approve a bill which would avert a potential rail strike. The measure was approved by a vote of 290-137 and will then move on to the U.S. Senate. […] Read more
Global Markets: Bank of Canada reports first-ever quarterly loss
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – The Bank of Canada (BoC) announced on Tuesday it lost C$522 million in the third quarter, the first loss in its 87-year history. The central bank’s financial report stated that interest from its own assets did not exceed […] Read more
Global Markets: Canadian economy grows in third quarter
WINNIPEG – The following is a glance at the news moving markets in Canada and globally. – Canada’s real domestic product increased by 0.7 per cent in the third quarter, according to a report released by Statistics Canada (StatCan) on Tuesday. The figure exceeded the national data agency’s preliminary estimate for growth, which was 0.4 […] Read more
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