WINNIPEG – The following is a glance at the news moving markets in Canada and globally.
– United States President Joe Biden and Russian President Vladimir Putin spoke for nearly an hour on Thursday as tensions grow over Russia’s military buildup on its own border with Ukraine. Biden stated once again that any aggression by Russia would be met with new sanctions. In response, Putin’s foreign affairs advisor Yuri Ashakov said that would be a “colossal mistake” with “grave consequences”. Last week, Russia tested hypersonic ballistic missiles from a frigate and a submarine. While analysts from the West question how advanced the missiles are, they concede the weapons can evade defenses.
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– The Ontario government is delaying the start of school by two days to Jan. 5, it announced on Thursday. The province will also provide N95 masks for staff in schools and child care settings, as well as 3,000 HEPA filter units to school boards. PCR COVID-19 testing will also be restricted to symptomatic people in certain groups, including health care workers and those experiencing homelessness.
– Many parts of the world took part in festive, yet muted celebrations to welcome in 2022. A lights display was projected onto landmarks in Auckland, New Zealand, while fireworks lit up the sky over the Sydney Harbour Bridge in Australia. South Korea held a pre-recorded bell-ringing ceremony, Hong Kong hosted a concert with 3,000 in attendance and New Year’s prayers in Thailand were held online.
