Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Israel has seized control of the Rafah border crossing in southern Gaza, escalating tensions in the region mere hours after Hamas reportedly accepted a ceasefire proposal mediated by Egypt and Qatar. Israel said […] Read more
Global Markets: Israel seizes Rafah border crossing
Global Markets: Israel calls for Rafah evacuation
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. The Israeli military has ordered an evacuation of Rafah ahead of an anticipated assault on the southern Gaza city. The move came as both Hamas and Israel blamed each other for a […] Read more
Global Markets: U.S. jobs report falls short of expectations
Possible sign of economic slowdown
Reading Time: 2 minutes The following is a glance at the news moving markets in Canada and globally. Unemployment in the United States rose to 3.9 per cent in April, according to the Department of Labor on Friday. The latest employment report said only 175,000 jobs were created in April compared to 315,000 in March. Ahead of the […] Read more
Global Markets: Police move on UCLA protesters
Reading Time: < 1 minute By Phil Franz-Warkentin Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Hundreds of armoured police officers attempted to remove protesters and dismantle a pro-Palestinian encampment at the University of California, Los Angeles, Thursday morning. Tensions at college campuses have intensified in recent weeks […] Read more
Global Markets: Trans-Mountain expansion opens today
Pipeline's capacity nearly triples
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. After four years of construction, the Trans-Mountain oil pipeline expansion is set to officially open on Wednesday. The project increased the pipeline’s capacity to 890,000 barrels per day from 300,000, making […] Read more
Global Markets: Slower than expected economic growth
Similar pace projected for March
Reading Time: 2 minutes By Glen Hallick Glacier Farm Media MarketsFarm – The following is a glance at the news moving markets in Canada and globally. Statistics Canada reported on Tuesday the country’s gross domestic product rose 0.2 per cent in February after the economy expanded 0.5 per cent in January. Analysts’ expectations were for 0.3 per […] Read more
Global Markets: Dam burst, flooding devastate Kenya
Dozens of tornadoes strike U.S. Midwest
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. More than 30 people were killed on Monday with dozens of other still missing in Kenya after a dam burst. Heavy rains brought flash flooding to the African country, including the […] Read more
Global Markets: Egypt sends delegation to Gaza
Reading Time: 2 minutes Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Egypt sent a delegation to Israel on Friday in an effort to broker a ceasefire deal with Hamas in Gaza, according to two Egyptian officials. The talks will discuss a limited exchange of hostages held by […] Read more
Global Markets: Canadian job vacancies, earnings up
Reading Time: 2 minutes Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – Statistics Canada reported on Friday that the number of job vacancies in the country increased to 656,700 in February, up 21,800 from January but down 178,400 from February 2023. The additional job vacancies were mostly seen in […] Read more
Global Markets: Competition Bureau concerned with Bunge, Viterra deal
Reading Time: 2 minutes Glacier FarmMedia MarketsFarm – The following is a glance at the news moving markets in Canada and globally. – A report released by Canada’s Competition Bureau on Tuesday said that the proposed merger between agricultural business giants Bunge and Viterra would result in “substantial anti-competitive effects and a significant loss of rivalry.” The report also cited […] Read more