Global Markets: New Cold War emerging accuses China

By MarketsFarm WINNIPEG, May 25 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – China accused the United States of trying to create a new Cold War. China’s foreign minister said the Trump administration has been blaming China for the COVID-19 pandemic, been critical of its handling




Global Markets: Super cyclone hits Bangladesh/India

By MarketsFarm WINNIPEG, May 20 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – Super cyclone Amphan, the largest storm to form in the Bay of Bengal in 21 years, made landfall on the border area between Bangladesh and India on May 20. Millions of people have


Global Markets: Trump threatens WHO funding

By MarketsFarm WINNIPEG, May 19 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. – United States President Donald Trump is threatening to permanently halt funding for the World Health Organization (WHO). Trump initially suspended contributions a month ago, and is now requesting a commitment to “major substantive

Global Markets: U.S. retail sales fall drastically

By MarketsFarm WINNIPEG, May 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Retail sales in the United States fell by 16.4 per cent from March to April, setting a new record decline. The previous record was set during the month prior, when sales dropped by 8.3


Global Markets: Four Canadian oil firms blacklisted by wealth management fund

By MarketsFarm WINNIPEG, May 14 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. Norges Bank Investment Management, a branch of Norway’s central bank, has excluded several Canadian oil firms due to “unacceptable greenhouse gas emissions.” Canadian Prime Minister Justin Trudeau said the decision emphasizes that climate change

Global Markets: Jilin imposes COVID-19 lockdown

By MarketsFarm WINNIPEG, May 13 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. China’s Jilin city has imposed lockdown measures, which include restricting travel, closing off residential areas, and banning social gatherings after an outbreak of confirmed COVID-19 cases. The first case was reported a week ago,


Global Markets: Clusters of new COVID-19 cases in China

WINNIPEG, May 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally. As countries around the world test varying stages of re-opening measures, China’s health authority said the resurgence in cases of COVID-19 cases in recent days implies that measures cannot be relaxed yet. The country’s lockdown measures