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Global Markets: Armenia, Azerbaijan reach peace deal

Russia brokers agreement, sending in peacekeepers

By MarketsFarm

WINNIPEG, Nov. 10 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.

– After six weeks of bloody conflict, Armenia and Azerbaijan signed a peace agreement that will see Russia deploy peacekeepers on Tuesday between the warring sides in the disputed Nagorno-Karabakh region. Armenian Prime Minister Nikol Pashinyan said the Russian brokered deal is “unspeakably painful” and is facing widespread outrage from Armenians. Azeri President Ilham Aliyev applauded the agreement, suggesting it permits Turkey to deploy peacekeepers as well. However Russia stated that wasn’t part of the deal. While Nagorno-Karabakh is part of Azerbaijan, its population is mostly ethnic Armenian.

– In Canada, British Columbia Premier John Horgan strongly urged people on Monday to cut back on their social interactions to reduce the number of reported cases of COVID-19 in the province. A group of doctors in Alberta have called on Premier Jason Kenny to impose a two-week lockdown to help stem of the number new cases there. Saskatchewan, Manitoba, Ontario and Quebec are still tackling significant numbers of cases. Meanwhile, Atlantic Canada continues to see small numbers, due to the region’s ‘bubble’ strategy. Overall, Canada has had more than 272,000 cases of the coronavirus, with about 10,600 deaths, and nearly 221,800 recoveries.

– United States President Donald Trump launched a lawsuit on Monday against the Pennsylvania Secretary of State and a number of election officials, alleging they ran an unfair election. Trump is demanding Pennsylvania not certify former Vice-President Joe Biden’s win in the state on the weekend. Also the Republican incumbent wants a permanent injunction on all mail-in ballots there were allowed to ‘cure.’ That being the legal process in which a voter who sent their ballot without its secrecy envelop or a signature and is contacted by an election official to be informed they can vote by provisional ballot.

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