By MarketsFarm
WINNIPEG, July 12 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.
- Vermont is recovering from heavy flooding after receiving two months worth of rain in the span of two days. A state of emergency was declared for the entire state on Tuesday, with the flooding causing tens of millions of dollars of damage and displacing thousands of people.
- As NATO leaders meet in Lithuania this week, China has expressed its anger at a communique from the military alliance that portrays China as a threat to NATO’s interests and security. The first meeting of the NATO-Ukraine Council was also a part of the NATO summit, as Ukrainian President Volodymyr Zelenskyy continues to press for his country’s inclusion in NATO.
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- The union representing roughly 160,000 actors, SAG-AFTRA, is set to go on strike at midnight tonight if a deal with film and television studios is not reached. The labour dispute comes at the same time as the 11,500 members of the Writers Guild of America (WGA) are already on the picket lines, stalling the production of many television shows.