Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally.
- Inflation in the United States saw an unexpected slowdown in November, coming in at 2.7 per cent from 3.0 per cent in September. The October report was missed due to the government shutdown, while the November numbers were likely distorted. Inflation was still well above the Federal Reserve’s target of 2.0 per cent.
- A winter storm that closed roads across Alberta and Saskatchewan on Wednesday moved into Manitoba, resulting in road and school closures across the province. Temperatures are forecast to drop sharply in the wake of the storm.
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Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally. United States President…
- Thousands of farmers in Brussels blocked streets in the Belgian capital with hundreds of tractors on Thursday, protesting a trade agreement between the European Union and the South American Mercosur block. Farmers also reportedly threw potatoes and eggs at police, and set off fireworks and firecrackers.
- U.S. President Donald Trump made no new major announcements during his prime-time address to the nation Wednesday evening. Rather, he spent much of the 18-minute speech blaming the country’s economic problems on his predecessor Joe Biden and immigrants. He did promise payments of US$1,776 each to the nation’s 1.4 million military personnel.
