Global Markets: World Food Program wins Nobel Peace Prize

By MarketsFarm

WINNIPEG, Oct. 9 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.

– The United Nations’ World Food Program has won the Nobel Peace Prize for its work in combating hunger. The agency provided assistance to an estimated 100 million people in 88 countries last year, bringing food to areas in conflict at a time when the COVID-19 pandemic has hampered commercial transportation.

– Armenia and Azerbaijan have agreed to truce talks in Moscow in an effort to ease the tensions in the Nagorno-Karabakh region that have escalated over the past few weeks. Hundreds of people have died in the fighting, including at least one Canadian-Armenian – Krisdapor Artin.

– Hurricane Delta is expected to make landfall on Louisiana’s coast later on Friday as either a category three or category two storm. The hurricane is on track to hit an area that is still recovering from Hurricane Laura at the end of August.

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