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Global Markets: Lockdown measures back on in Austria

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Published: November 22, 2021

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

– Lockdown measures have been reimposed in Austria, as the European country works to slow the COVID-19 fourth wave. Non-essential shops, cafes, and other businesses will all be shuttered for 10 days, with the government also introducing measures to make vaccination compulsory by Feb. 1, 2022. Roughly a third of eligible Austrians are still unvaccinated, marking one of the highest rates in Western Europe. Germany is also considering stricter measures.

– Five people were killed and more than 40 injured when an SUV drove through a Christmas parade in Waukesha, Wisconsin on Sunday. Terrorism has not been ruled out, but the cause of the incident is still unknown.

– Jerome Powell will stay on as head of the United States Federal Reserve for a second term, after being tapped for the four-year position by the White House on Monday.

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