Glacier FarmMedia | MarketsFarm — The following is a glance at the news moving markets in Canada and globally.
- Canadian Finance Minister Chrystia Freeland announced her resignation from Prime Minister Justin Trudeau’s Cabinet Monday morning, hours before she was set to deliver the fall economic statement. In a letter posted to social media, Freeland said she had been offered another position but “upon reflection, I have concluded that the only honest and viable path is for me to resign from the Cabinet.”
Read Also
Global Markets: Chevron secures major win
By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets…
- A Russian oil tanker split apart in the Kerch Strait that connects the Black Sea and the Sea of Azov near Crimea on Sunday. Details on the extent of the spill were unavailable, with the vessel having the capacity to hold 4,200 tonnes of crude oil. A second vessel in the area also reportedly sustained damage and was in distress due to heavy storm activity.
- German Chancellor Olaf Scholtz faces a confidence vote in parliament today that he is expected to lose. The vote comes after the country’s governing coalition fell apart in November. Losing the confidence vote would set the stage for an early election as soon as February.
