Global Markets: Suu Kyi supporters call for release of Myanmar leader

By MarketsFarm

WINNIPEG, Feb. 2 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.

– Party members of the detained Myanmar leader Aung San Suu Kyi are calling for the immediate release of the Nobel Peace Prize laureate, a day after she was arrested as part of a military coup. Suu Kyi was reportedly in good health, although her whereabouts are unknown. The military junta overthrew the democratically elected government and claimed power on Monday, accusing Suu Kyi’s party of fraud and declaring a state-of-emergency. The United States and other countries have threatened sanctions, while China has downplayed what state-media there described as a ‘cabinet reshuffle.’

– The Sputnik V coronavirus vaccine developed in Russia is 91.6 per cent effective against COVID-19, according to recently released trial results. There had been some concern over the efficacy of the vaccine when it was first announced months ago, but the latest data shows that shows similar results to vaccines developed by Pfizer and Moderna.

– U.S. Vice-President Kamala Harris spoke with Canadian Prime Minister Justin Trudeau on Monday, marking her first call with an international leader. She reportedly told Trudeau that the U.S. would do everything it could to help free Canadians Michael Spavor and Michael Kovrig from Chinese imprisonment. Climate change, COVID-19, and economic issues were also reportedly discussed.

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