By MarketsFarm
WINNIPEG, March 15 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.
- The details of an incident that saw a Russian fighter jet collide with a United States surveillance drone over the Black Sea remain unclear, with both sides offering conflicting reports blaming the other. The crashed drone, which likely contained sensitive technology, has not yet been recovered, according to reports.
- Canadian home sales were up by 2.3 per cent in February, according to a report from the Canadian Real Estate Association. The rise came after home sales hit their lowest level since 2009 the previous month.
- Cyclone Freddy has killed at least 200 people in Malawi and Mozambique, injuring hundreds more. The record-breaking storm first developed near Australia in February and has wrecked havoc across the Indian Ocean, intensifying seven times and generating more energy during its life than an entire typical U.S. hurricane season.