Global Markets: Zelensky to address UN Security Council

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Published: April 5, 2022

By MarketsFarm

WINNIPEG, April 5 – The following is a glance at the news moving markets in Canada and globally.

– Ukrainian president Volodymyr Zelensky will address the United Nations’ Security Council on Tuesday in a largely symbolic gesture. His speech comes as reports of civilian deaths and other alleged war crimes carried out by Russian forces come to light. While Zelensky is expected to ask for more weapons, Russia holds a veto on the Security Council.

– The European Union is expected to be proposing a ban on imports of Russian coal, chemicals and wood, according to reports. Increased sanctions against Russian banks were also being discussed, while a number of European nations were expelling Russian diplomats on Tuesday.

– Billionaire Elon Musk will join Twitter’s board of directors, the company announced Tuesday – a day after it was revealed that Musk had become the social media platform’s top shareholder. Musk is an active Twitter user, but has also criticized its policies on free speech in the past.

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