Global Markets: FBI searches Trump’s Mar-a-Lago estate

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Published: August 9, 2022

By MarketsFarm

WINNIPEG, Aug. 9 – The following is a glance at the news moving markets in Canada and globally.

– The FBI conducted a raid on former United States President Donald Trump’s Mar-a-Lago estate in Florida on Monday, according to reports. Acting on a search warrant, the unannounced raid was said to be tied to allegations that Trump had taken classified records from the White House to Mar-a-Lago. In a statement, Trump described the actions as “persecution” and “not necessary or appropriate.”

– Kenyans go to the polls Tuesday to elect a new president, with a close race expected to replace outgoing leader Uhuru Kenyatta. Top candidates Raila Odinga and William Ruto have both pledged to deal with unemployment and corruption in the East African nation.

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– The ongoing war in Ukraine saw increased offensive measures from Russia in eastern regions of the embattled country, with waves of ground and air attacks near Donetsk reported. Conflicting reports from the battlefield left it unclear how the balance was shifting in the region. Meanwhile, Ukrainian President Volodymyr Zelensky issued a request Monday that Western nations ban all Russian citizens as a way to stop the aggressor from annexing more of Ukraine’s territory.

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