Global Markets: G7 foreign ministers meet in person

By MarketsFarm

WINNIPEG, May 3 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.

– Foreign ministers from the G7, including Canadian Minister of Foreign Affairs Marc Garneau and Minister of International Development Karina Gould, are meeting in person for the first time in over a year in London, England this week. In addition to the response to the pandemic, the meetings will also include discussions on food security, human rights, climate change, and girls education. In addition to Canada and the United Kingdom, the G7 includes the United States, Germany, France, Japan, and Italy. Representatives of a number of other countries will also be in attendance.

– COVID-19 infections in India rose to nearly 20 million on Monday, with more than 300,000 new cases reported. Hospitals across the country are reportedly filled to capacity, with medical oxygen supplies running short. Many countries, including Canada, have restricted travel with India.

– The United States and NATO began the formal withdrawal of troops from Afghanistan over the weekend with U.S. President Joe Biden having promised to have completely left the country by the end of summer. The war in Afghanistan has been ongoing for nearly two decades, with about 2,500 to 3,500 U.S. troops and an additional 7,000 NATO soldiers still stationed in the country. Violence in Afghanistan between the Taliban and the Afghan government is still ongoing, with a suicide truck bomb last week killing 21 people.

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