Global Markets: One in four Canadians eating less: poll

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Published: June 7, 2022

WINNIPEG – The following is a glance at the news moving markets in Canada and globally.

– A poll from Food Banks Canada, conducted by Mainstream Research, found that one quarter of Canadians reported eating less than they should because they did not have enough money for food. One in five Canadians also reported going hungry at least once between March 2020 and March 2022. The automated telephone interview poll surveyed 4,009 adults from Feb. 25 to March 2. Food Banks Canada expects this summer to be the toughest in the organization’s history.

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– In a letter dated Monday, Tesla and SpaceX CEO Elon Musk stated he is considering pulling his US$44-billion bid for social media platform Twitter after accusing the company of refusing to give him information about spam bot accounts. The letter was included with a filing by Twitter to the United States Securities and Exchange Commission. The letter also said that Musk has asked Twitter since April for the information so he could evaluate how many of Twitter’s 229 million accounts are fake.

– In a world first, European Union countries and lawmakers agreed on Tuesday to a single mobile charging port for cell phones, tablets and cameras by 2024. The port, the USB-C, is already used for Android-based devices, meaning that Apple and other companies will have to make the switch. Half the chargers sold with mobile phones in Europe in 2018 was a USB micro-B connector, while 29 per cent had a USB-C connector and 21 per cent used a Lightning connector, according to a European Commission study.

– British health officials reported 77 more cases of monkeypox on Monday, raising the total to more than 300 cases in the largest outbreak outside Africa. On Sunday, the World Health Organization reported 780 cases in more than two dozen countries where the virus had not been reported in before this year. Most of the cases in the U.K. were found in gay or bisexual men, but health officials warned anyone can be infected through close contact with a patient, the patient’s clothes or their bed sheets.

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