By Glen Hallick
Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally.
- The Bank of England said on Thursday it will hold its interest rate at 5.25 per cent. Six of the nine members of the central bank’s Monetary Policy Committee voted to freeze rates. BoE Governor Andrew Baily indicated there would not be further rate increases any time soon, with borrowing costs “under review.” Yesterday, the United States Federal Reserve kept its rates at 5.25 to 5.5 per cent.
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Glacier FarmMedia | MarketsFarm – The following is a glance at the news moving markets in Canada and globally. –…
- Farmers throughout the European Union continued to protest against new green regulations and cheap imports on Thursday. Protesters in Brussels threw eggs and rocks and the EU Parliament, set off fireworks and started fires, according to reports. Farmer demonstrations continued in Italy, Spain, France, Portugal, Greece and Germany.
- The leaders of EU unanimously agreed on Thursday to a four-year aid package for Ukraine worth 54 billion Euros. Starting in March, the funding is to go to paying pensions, salaries, and other costs, but did not include military aid.
- An earthquake of magnitude 3.7 struck the Ottawa Valley-St. Lawrence region at 7:37 Thursday morning, according to Earthquakes Canada. There have been no reports of damage or injuries. The United States Geological Survey recorded a magnitude 3.2 earthquake near Huntingdon. Que.
