Global Markets: Iran strikes oil facilities

Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – Iran attacked a Saudi refinery on the Red Sea as well as facilities in Qatar and Kuwait on Thursday, in retaliation for Israel’s strike on the South Pars offshore oil field on Wednesday. A vessel was […] Read more



Global Markets: Israel claims deaths of Iranian officials

Glacier FarmMedia – The following is a glance at the news moving markets in Canada and globally.      – Israel’s defence minister said its military killed Iranian security chief Ali Larijani and Gholan Reza Soleimani, the head of the Revolutionary Guard’s Basij militia, in a “wave of strikes” on Tuesday. Both Larijani and Soleimani were […] Read more

Global Markets: StatCan reports lower inflation

The following is a glance at the news moving markets in Canada and globally.      – Statistics Canada reported on Monday that the country’s annual inflation rate declined to 1.8 per cent in February, down a half point from January and slightly under economists’ expectations. Affecting inflation was the federal government’s tax holiday on certain […] Read more


Global Markets: Canadian unemployment rate rises in February

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Canada’s unemployment rate edged up 0.2 points in February to 6.7 per cent, reported Statistics Canada. Employment declined by 84,000, with the largest losses in Quebec, British Columbia, Saskatchewan and Manitoba. Employment increased in Newfoundland and Labrador and […] Read more

Global Markets: Iran war continues

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. The ongoing war in the Middle East showed no signs of easing on Thursday, with continued attacks from both sides. Iran’s new Supreme Leader Mojtaba Khamenei issued his first statement since the start of the war but did […] Read more


Global Markets: Cargo ships hit off Iran coast

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. Three cargo ships were reportedly struck off the coast of Iran on Wednesday, with Iranian drones also targeting the Dubai airport and oil facilities in neighbouring countries. The United States said it had sunk several Iranian vessels, including […] Read more