Global Markets: U.S. South Korea military exercises proceed over objections

By Commodity News Service Canada

Aug. 17 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally.

– The United States says it will go ahead with joint war games with South Korea as scheduled, despite pressure from North Korea and China to stop the controversial operation.

– The United Kingdom said talks with the European Union on Britain’s future relationship with the EU after Brexit were expected to proceed in October as planned. The EU recently said progress first needed to be made on other areas before such talks could be held and the target date was fast disappearing.

– Saudi Arabia has said it will allow into their country Qatari citizens making the haj religious pilgrimage to Mecca. Saudi Arabia, the United Arab Emirates Egypt and Bahrain cut diplomatic relation and instituted sanctions again Qatar in June, after saying Qatar supported terrorists.

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