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Global markets

Global Markets: More economic stimulus needed to fend off depression

Boeing cutting 400 jobs in Winnipeg

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Reading Time: < 1 minute By MarketsFarm WINNIPEG, May 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Outgoing Bank of Canada Governor Stephen Poloz commented on Monday that the Canadian economy continues to require large amounts of economic stimulus due to the COVID-19 pandemic. Poloz, who steps down next week, […] Read more
Global markets

Global Markets: New Cold War emerging accuses China

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Reading Time: < 1 minute By MarketsFarm WINNIPEG, May 25 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – China accused the United States of trying to create a new Cold War. China’s foreign minister said the Trump administration has been blaming China for the COVID-19 pandemic, been critical of its handling […] Read more
Global markets

Global Markets: Super cyclone hits Bangladesh/India

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Reading Time: < 1 minute By MarketsFarm WINNIPEG, May 20 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Super cyclone Amphan, the largest storm to form in the Bay of Bengal in 21 years, made landfall on the border area between Bangladesh and India on May 20. Millions of people have […] Read more
Global markets

Global Markets: Trump threatens WHO funding

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Reading Time: < 1 minute By MarketsFarm WINNIPEG, May 19 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – United States President Donald Trump is threatening to permanently halt funding for the World Health Organization (WHO). Trump initially suspended contributions a month ago, and is now requesting a commitment to “major substantive […] Read more
Global markets

Global Markets: U.S. retail sales fall drastically

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Reading Time: < 1 minute By MarketsFarm WINNIPEG, May 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Retail sales in the United States fell by 16.4 per cent from March to April, setting a new record decline. The previous record was set during the month prior, when sales dropped by 8.3 […] Read more
Global markets

Global Markets: Four Canadian oil firms blacklisted by wealth management fund

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Reading Time: < 1 minute By MarketsFarm WINNIPEG, May 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Norges Bank Investment Management, a branch of Norway’s central bank, has excluded several Canadian oil firms due to “unacceptable greenhouse gas emissions.” Canadian Prime Minister Justin Trudeau said the decision emphasizes that climate change […] Read more
Global markets

Global Markets: Jilin imposes COVID-19 lockdown

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Reading Time: < 1 minute By MarketsFarm WINNIPEG, May 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. China’s Jilin city has imposed lockdown measures, which include restricting travel, closing off residential areas, and banning social gatherings after an outbreak of confirmed COVID-19 cases. The first case was reported a week ago, […] Read more
Global markets

Global Markets: Clusters of new COVID-19 cases in China

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Reading Time: < 1 minute WINNIPEG, May 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. As countries around the world test varying stages of re-opening measures, China’s health authority said the resurgence in cases of COVID-19 cases in recent days implies that measures cannot be relaxed yet. The country’s lockdown measures […] Read more

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