Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. Thousands of United Kingdom farmers protested in London Tuesday, demonstrating against proposed law changes to inheritance taxes. If implemented, the Labour Party law would make inheritance tax payable on farms worth more than 1 million […] Read more
Global Markets: U.K. farmers protest
Global Markets: Canadian inflation accelerates
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. Canada’s Consumer Price Index was up by 2.0 per cent on an annual basis in October, up from the 1.6 per cent year-on-year inflation in September, reported Statistics Canada. Gasoline prices were down by 4.0 […] Read more
Global Markets: U.S. allows Ukraine use of long-range missiles
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. Longer-range missiles supplied to Ukraine by the United States have been authorized for use for strikes deeper inside Russia by U.S. President Joe Biden, marking another escalation in the conflict as it hits its 1,000-day […] Read more
Global Markets: Postal workers on strike
Mail, parcel delivery to stop
Reading Time: < 1 minute The following is a glance at the news moving markets in Canada and globally. Mail delivery in Canada largely ground to a halt on Friday, as approximately 55,000 members of the Canadian Union of Postal Workers went on strike. Canada Post stated mail and parcels won’t be delivered during the strike. Federal Minister of […] Read more
Global Markets: Euro approaching parity with U.S. dollar
Sliding away from highs in September
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The Euro dropped to one-year lows as of Thursday, as the European Union currency continued its slide towards parity with the United States dollar. Currently at US$1.05, the Euro has lost […] Read more
Global Markets: U.S. inflation bumps up
U.S. Fed likely to cut interest rates further
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The Consumer Price Index in the United States climbed 0.2 per cent in October and rose 2.6 per cent from the previous October, the Bureau of Labor Statistics reported on Wednesday. The […] Read more
Global Markets: Postal strike looming
CUPW issues strike notice
Reading Time: < 1 minute By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The Canadian Union of Postal Workers issued a 72-hour strike notice on Tuesday. That means Canada could be hit with a postal strike as early as Friday. Reports said the CUPW […] Read more
Global Markets: German coalition government collapses
Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Germany’s coalition government led by Chancellor Olaf Scholz collapsed overnight with opposition parties now calling for a non-confidence vote and new elections. The coalition broke down after Scholz, of the Social Democratic party, dismissed finance minister Christian […] Read more
Global Markets: Trump wins U.S. election
Reading Time: < 1 minute Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Republican Donald Trump won the United States presidency in Tuesday’s election, defeating Democratic candidate Kamala Harris in both the electoral college and popular vote. Trump becomes the first person since the late 1800s to hold non-sequential presidential […] Read more
Global Markets: U.S. presidential election today
Reading Time: < 1 minute Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally. Voters in the United States head to the polls today to vote in their next president. Democrat Kamala Harris and Republican Donald Trump are vying for the country’s top job, with long lines at polling […] Read more