Global Markets: Trump calls for halt to COVID-19 relief talks

By MarketsFarm

WINNIPEG, Oct. 7 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.

– United States President Donald Trump abruptly halted COVID-19 relief talks on Tuesday, claiming the Democrats, led by House Speaker Nancy Pelosi, were “not negotiating in good faith.” Trump wants to delay the negotiations until after the election, despite current economic problems in the country. World equity markets dropped sharply in immediate reaction, but were recovering somewhat on Wednesday.

– The neo-fascist Golden Dawn party in Greece has been found guilty of operating as a criminal organization by a Greek court. The ruling comes after a five-year trial, with numerous former members of parliament found guilty of leading a criminal organization and others for participating in the organization. Golden Dawn members were also found guilty of murder and attempted murder as part of the multifaceted trial.

– Hurricane Delta made landfall in Mexico near Cancun on Wednesday, knocking out power lines and trees in the region. The area is usually a top tourist destination, but only a fraction of the usual vacationers were forced to evacuate as the pandemic has already decimated the tourist industry.

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