Global Markets: European nations recognize Venezuela’s Guaido

By Commodity News Service Canada

WINNIPEG, Feb. 4 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally.

– Nine European nations including France, Germany, and Britain, are now recognizing Venezuelan opposition leader Juan Guaido as the interim president of the South American country. The coordinated European move comes as an ultimatum from the United States calling for current president Nicolas Maduro to hold new elections expires.

– The New England Patriots beat the Los Angeles Rams 13-3 in Super Bowl LIII, in a defensive game that saw Patriots quarterback Tom Brady win his record sixth championship.

– Electric car maker Tesla Inc. is buying battery company Maxwell Technologies Inc. for US$218 million, according to reports.

– Third-party candidate Nayib Bukele won the presidency of El Salvador in Sunday’s election, putting an end to three decades of a two-party system in the country. Bukele is a former mayor of the capital city San Salvador and obtained more votes than the two other candidates combined. His win was seen as a rebuke of violence and corruption in the country.

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