Global Markets: French/Muslim tensions mount

By MarketsFarm

WINNIPEG, Oct. 28 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.

– Tensions continue to rise between France and Muslim-majority countries, with Turkish President Tayyip Erdogan claiming western countries want to “relaunch the Crusades.” The latest back-and-forth was sparked after a French teacher was beheaded two weeks ago for showing cartoons of the Prophet Mohammad to his class that were originally printed in Charlie Hebdo magazine. The satirical magazine’s latest cover features a caricature of Erdogan.

– Lockdown measures in Melbourne, Australia were lifted on Wednesday after 111 days. Residents of the country’s second-largest city must still wear masks and are restricted in their travel, but stores, restaurants and other businesses can reopen. The move came after the city marked its first consecutive days of zero new COVID-19 cases since the beginning of June.

– The Los Angeles Dodgers beat the Tampa Bay Rays 3-1 to secure a 4-2 win in the best-of-seven Major League Baseball (MLB) World Series on Tuesday night. It was the Dodgers first win in 32 years. LA shortstop Corey Seager was named most valuable player. The victory was marred somewhat when Dodgers third baseman Justin Turner was withdrawn in the middle of the game after it was confirmed that he had tested positive for COVID-19. That was the first positive test in the MLB in nearly two months. While initially isolating, Turner returned after the game to celebrate with teammates.

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