WINNIPEG, Sep. 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.
– The trial of 14 alleged accomplices in the 2015 attack on French magazine Charlie Hebdo began in Paris on Wednesday. Twelve people were killed in the attack claimed by al Qaeda on Jan. 7, 2015. In the following days, a police officer and four people at a kosher supermarket were also killed by an associate of the two Charlie Hebdo attackers. The three attackers were all killed by police. The defendants face charges including supplying weapons and aiding terrorism.
– The United States will not join an international effort to develop and distribute a COVID-19 vaccine because President Donald Trump’s administration does not want to work with the World Health Organization, according to reports. More than 150 countries, including Canada, are working with the COVID-19 Vaccine Global Access Facility, or COVAX – which is a cooperative effort with the WHO.
– Canada’s Farm Product Price Index (FPPI) was down by 0.8 per cent in June compared to the same month the previous year, according to a report from Statistics Canada, due to lower prices for grain, hogs, and cattle. The COVID-19 impact on the red meat sector was cited as the main reason for a 4.0 per cent drop in the livestock index. The hog index was down 19.0 per cent, while cattle and calves were only down 0.1 per cent. Grains were down 2.2 per cent, but oilseeds increased 0.8 per cent and speciality crops, including pulses, were up 27.4 per cent.