Global Markets: Heavy rains trigger landslides in India

Published: July 30, 2024

By Phil Franz-Warkentin

 

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

 

  • Heavy rains in India triggered multiple landslides in the southern state of Kerala, killing at least 93 people and injuring many more. Northwest Pakistan was also dealing with flash flooding, with at least 14 people killed in the latest incident.

 

  • Protests in Venezuela left at least two people dead so far, as supporters and opponents of President Nicolas Maduro clash following a questionable election. Official results claimed Maduro won a third term, but independent exit polls and many international watchers question the credibility of the election with data pointing to an overwhelming win for the opposition candidate Eduardo Gonzalez.

 

  • Britain is urging its citizens to leave Lebanon, warning that tensions along the country’s border with Israel could quickly worsen. Tensions are mounting between Lebanon and Israel after a rocket strike from Hezbollah killed 12 children playing soccer in the Golan Heights on Saturday and Israel retaliated with drone strikes.

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