WINNIPEG – The following is a glance at the news moving markets in Canada and globally.
– In the latest document by Gaza’s General Authority of Crossings and Borders released on Wednesday, 40 names with Canada as their country of origin were listed. The Canadian government confirmed that 75 Canadians were able to leave the Palestinian territory and cross into Egypt on Tuesday. Global Affairs Canada said government officials were there to assist Canadians crossing the border and to facilitate transportation to Cairo. It also said that Israel has assured Canada more than 400 of its citizens will be able to cross “in the coming days”. The Israeli military said on Wednesday that airstrikes killed a top Hamas weapons maker and several fighters as troops advanced to the centre of Gaza City. The G7 released a joint statement on Wednesday, asking for a humanitarian pause to the fighting and a “peace process”, stressing a two-state solution.
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– A series of elections in the United States ended up successful for Democrats on Tuesday despite weak polling numbers for President Joe Biden. Kentucky governor Andy Beshear won a second term in office against Republican challenger and the state’s attorney general Daniel Cameron. Meanwhile, Virginia Democrats retained control of the state’s Senate as well as flipped the state’s House of Delegates to the behest of Republican governor Glenn Youngkin. Ohio residents voted to enshrine reproduction rights in the state’s constitution as well as allow the legal use and possession of marijuana by people 21 years of age or older.
– Portugal prime minister Antonio Costa resigned from his position on Tuesday after prosecutors announced he was under investigation for alleged corruption regarding lithium and hydrogen deals. Costa had been the prime minister for eight years while leading the Socialist Party. President Marcelo Rebelo de Sousa will decide whether the Socialist Party can maintain its majority government or dissolve parliament and force an election.
