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Global markets

Global markets

Global Markets: Canada asks for ‘Buy American’ exemption

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WINNIPEG, Jan. 26 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Canada’s Deputy Prime Minister Chrystia Freeland told CBC on Monday both Prime Minister Justin Trudeau and United States President Joe Biden have discussed the possibility of Canada being exempt from Biden’s newly-implemented “Buy American” provision. […] Read more
Global markets

Foreign investment nearly cut in half

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WINNIPEG, Jan. 25 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – A report released by the United Nations Conference on Trade and Development (UNCTAD) on Jan. 24 revealed that foreign direct investment (FDI) fell by 42 per cent in 2020 from US$1.5 billion to US$859 million. […] Read more
Global markets

200,000 businesses could shutter

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WINNIPEG, Jan. 22 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The Canadian Federation of Independent Business released the results of a survey on Jan. 21, revealing as many as 181,000 businesses are considering closing their doors due to lockdowns and financial hardships brought on by […] Read more
Global markets

Bank of Canada holds interest rate

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WINNIPEG, Jan. 21 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – After releasing its Monetary Policy Report on Jan. 20, the Bank of Canada announced it was not changing its key interest rate, which will remain at 0.25 per cent. Despite the central bank predicting Canada’s […] Read more
Global markets

Global Markets: Canada’s economy off to slow start

Expectations of 0.7 per cent growth in first quarter

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By MarketsFarm WINNIPEG, Jan. 19 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – A Reuters poll of more than 40 economists expects Canada’s economy to remain mostly stagnant for the first quarter of 2021 before returning to “pre-COVID” levels sometime later in the 2021 fiscal year. […] Read more
Global markets

Global Markets: Biden could cancel Keystone-XL Pipeline come Wednesday

Pipeline nixed by Obama, approved by Trump

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By MarketsFarm WINNIPEG, Jan. 18 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Documents surfaced over the weekend that Joe Biden could nix the Keystone-XL Pipeline on Wednesday, shortly after he has been sworn-in as the next President of the United States. The controversial pipeline was […] Read more
Global markets

Global Markets: Yemen facing widespread famine

U.S. warned terrorist designation a mistake

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By MarketsFarm WINNIPEG, Jan. 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – The United Nations warned the United States on Thursday that the latter’s move to designate Houthi rebels in Yemen’s ongoing civil war as a terrorist group could lead to widespread famine in the […] Read more
Global markets

Global Markets: Debate on impeachment underway

Democrats have support from some Republicans

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By MarketsFarm WINNIPEG, Jan. 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Debate in the United States House of Representatives on the articles of impeachment began on Wednesday. It marks the second time President Donald Trump has faced impeachment. Despite Trump leaving office on Jan. […] Read more

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