By MarketsFarm
WINNIPEG, June 23 – The following is a glance at the news moving markets in Canada and globally.
– Ukraine is moving closer to membership in the European Union with leaders of the 27-nation bloc voting to unanimously approve their candidacy on Thursday. Ukraine made the request shortly after the Russian invasion at the end of February, but negotiations for full membership could take several years.
– Germany has triggered the second stage of a three-part emergency gas plan due to concerns over shortages as Russian supplies dwindle and costs soar. While the latest move is largely symbolic, rationing could be a possibility as tensions between Europe and Russia escalate.
– Leaders of the 54 Commonwealth nations, including Canadian Prime Minister Justin Trudeau, will meet in Rwanda this week for their first in-person gathering since the COVID-19 pandemic. Food security, climate change and global poverty are all expected to be on the agenda, with the background of the Russian war in Ukraine also a feature.
