Global Markets: Amy Coney Barrett continues confirmation hearing

By MarketsFarm

WINNIPEG, Oct. 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.

United States Supreme Court nominee Amy Coney Barrett will appear before senators for the third day of her confirmation hearing. Republicans are anxious to replace the late Justice Ruth Bader Ginsburg, locking in a 6-3 conservative court. Democrats believe Barrett will be seated on the court in time to cast a vote to undo the Affordable Care Act next month, causing millions of Americans to lose healthcare coverage during a pandemic.

At least 16 people are dead in India following widespread rains and flooding in Hyderabad. The record-breaking rains caused walls and houses to collapse, according to local media reports. Nine people died in one instance when a wall fell onto a home on Tuesday night, said regional legislator Asaduddin Owaisi.

Lebanon and Israel have began discussions regarding their disputed maritime border. The discussion was mediated by U.S. officials, with Lebanon’s head of delegation saying he hopes negotiations will resolve the border dispute “within a reasonable time.”

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