Global Markets: India’s election moves into third phase.

By MarketsFarm

WINNIPEG, April 23 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.

– Voting continues today in India as its massive national election has entered the third of its seven phases. The election began April 11 and continues until May 19, with the results announced in the days afterward. There are more than 840 million people eligible to vote and India’s parliament has 545 seats. Narendra Modi and his Bharatiya Janata Party are seeking a second term. Rahul Gandhi and his Congress Party are looking to unseat the BJP.

– The death toll in the bombings in Sri Lanka has risen to 321. The Islamic State is among the terrorist groups who have claimed responsibility. On Easter Sunday, several bombs exploded in churches and luxury hotels in Colombo, the country’s capital city. More than 500 people were wounded as well. A cabinet minister in Sri Lanka’s government suggested the bombings were in retaliation for the slaying of 50 people at two mosques in Christchurch, New Zealand on March 15.

– Voters in Prince Edward Island will elect a government today in the province’s first bona fide three-way race. The Green Party is looking to make a breakthrough in the province against the Progressive Conservatives and the governing Liberals. This is the second of up to five provincial/territorial elections in 2019, plus the federal election in October.

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