Global Markets: UN Security Council to vote on Gaza ceasefire

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Published: March 25, 2024

By Phil Franz-Warkentin

 

Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally.

 

  • The United Nations Security Council is set to vote Monday on a resolution demanding an immediate humanitarian ceasefire in Gaza during the Muslim holy month of Ramadan. Russia and China vetoed a similar proposal on Friday for a “sustained ceasefire” but do support the latest resolution shorter-term resolution put forward by the 10 elected council members. The United States has warned that the latest resolution could hurt negotiations.
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  • Boeing CEO Dave Calhoun announced that he will step down from his position with the airplane making company by the end of the year. Boeing is facing heavy regulatory scrutiny after one of its 737 MAX planes experienced a midair panel blowout in January.

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