By MarketsFarm
WINNIPEG, Aug. 11 – The following is a glance at the news moving markets in Canada and globally.
– Satellite images of a Russian air base in Crimea show extensive damage, suggesting Ukraine may have increased its long-range missile capacity and potentially changing the course of the war, according to reports. Russia has denied that the damage was caused by precision strikes, while Ukraine has not yet publicly claimed responsibility.
– North Korean leader Kim Jong-un was “seriously ill with a high fever” after contracting COVID-19, but the country is now declaring a “shining victory” over the virus, according to the dictator’s sister, Kim Yo-jong. The isolated country claims to have had no cases of COVID during the first two years of the pandemic, with about 4.8 million cases of “fever” reported over the past three months. Yo-jong blamed the outbreak on leaflets sent over the border in balloons from South Korea.
Read Also
Global Markets: Carney imposes tariffs to protect Canadian steel industry
By Glen Hallick Glacier Farm Media | MarketsFarm – The following is a glance at the news moving markets…
– McDonald’s will begin reopening restaurants in Ukraine over the next few months, according to the company. The move was seen as a show of support to the war-torn country and comes as the company has sold off 850 restaurants in Russia after three decades of first opening in Moscow.
