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CANADA FX DEBT-Canadian dollar hits 7-week low, pressured by Fed uncertainty
  + stars: | 2021-06-15 | by ( Fergal Smith | ) www.reuters.com sentiment -1.00   time to read: +2 min
The loonie was trading 0.4% lower at 1.2192 to the greenback, or 82.02 U.S. cents, after earlier touching its weakest level since May 6 at 1.2204. Earlier this month, it touched its strongest in six years at 1.2007. Canadian housing data for May was mixed. Canadian consumer price data is due on Wednesday, which could offer clues on the Bank of Canada policy outlook. On Monday, it touched its lowest intraday level in more than three months at 1.365%.
Persons: Fergal Smith TORONTO, We've, Edward Moya, Moya, Fergal Smith, Jonathan Oatis, Peter Cooney Organizations: Canadian, U.S, Federal Reserve, Oil, Housing, Bank of Canada Locations: New York, pare, Canada
There is no proof that spike proteins created in response to mRNA vaccines are harmful to the body, scientists have told Reuters. He said: “We made a big mistake… we thought the spike protein was a great target antigen, (but) we never knew the spike protein itself was a toxin and a pathogenic protein.”He speculated that COVID-19 shots could lead to cardiovascular problems and infertility, because “by vaccinating people we are inadvertently inoculating them with a toxin” (timestamp 8.27). Crucially, these spike proteins declined in the subsequent weeks, and no spike proteins were detected after the second injection. By contrast, people who catch the coronavirus and become infected with COVID-19 can develop high levels of the spike protein that can cause adverse effects. This includes pharmacologist Sabina Vohra-Miller (www.vohramillerfoundation.ca/), who produced a Twitter infographic explaining that spike proteins from the vaccine are harmless and do not impact infertility (here).
Persons: immunologist Byram, Alex Pierson, Hal Turner, Rather, David Walt, , Walt, Sabina Vohra, Miller, Read Organizations: Reuters, Health, Japan’s Pharmaceuticals, Medical Devices Agency, PFIZER, Pfizer, Pharmaceutical, Economic Area Locations: Canadian, Japan, United States
Canadian home sales fell 7.4% in May from April, while the average selling price was down 1.1% from the previous month, according to CREA data. It was the second consecutive month of declines after a blazing start to the year. Canada’s housing market surged in late 2020 and early 2021, with home prices escalating sharply amid investor activity and fear of missing out. Home prices fell in April and May of last year amid first-wave COVID-19 shutdowns. Canadian housing starts, meanwhile, rose 3.2% in May compared with April as multiple urban starts jumped, offsetting a drop in single-detached starts, separate data from the Canadian Mortgage and Housing Corporation showed.
Persons: Cliff Stevenson, , buoying, urbanites, , Bob Dugan, Julie Gordon, Jonathan Oatis Organizations: Canadian Real Estate Association, Canadian Mortgage and Housing Corporation Locations: OTTAWA, Canada, Provinces, Toronto, Vancouver, Montreal, Ottawa
Airbus says it has no plans to build bigger single-aisle jet
  + stars: | 2021-06-15 | by ( ) www.reuters.com sentiment -0.99   time to read: +2 min
A logo of Airbus is seen at the entrance of its factory in Blagnac near Toulouse, France, July 2, 2020. Airbus executives on Monday said they were happy with the current wings and engines on the existing portfolio. Traditionally dominated by Boeing, the freighter business is underserved by Airbus, Chief Commercial Officer Christian Scherer said. Airbus is seeing some pricing pressure in the jet market in the wake of the COVID-19 crisis but is putting emphasis on protecting value rather than chasing prices, Scherer added. Airbus also hit back at concerns raised by Boeing over the design of its newest narrow-body jet, the A321XLR.
Persons: Benoit Tessier, Christian Scherer, Scherer Organizations: Airbus, REUTERS, Boeing, Thomson Locations: Blagnac, Toulouse, France, Canadian, China
CANADA FX DEBT-Canadian dollar hits 1-month low as copper prices slide
  + stars: | 2021-06-15 | by ( Reuters Staff | ) www.reuters.com sentiment -1.00   time to read: +2 min
The loonie was trading 0.4% lower at 1.2193 to the greenback, or 82.01 U.S. cents, the biggest decline among G10 currencies. Earlier in the session, it touched its weakest level since May 13 at 1.2199. Canadian housing starts rose 3.2% in May compared with the previous month as multiple urban starts jumped, data from the Canadian Mortgage and Housing Corporation showed. A preliminary estimate from Statistics Canada showed producer prices in Canada rising by 3.1% in May from April, pushed higher mainly by softwood lumber. Data on Canadian consumer prices is due on Wednesday, which could offer clues on the Bank of Canada policy outlook.
Persons: Fergal Smith, Jonathan Oatis Organizations: Canadian, U.S ., Federal Reserve, Canadian Mortgage and Housing Corporation, Statistics Canada, Bank of Canada Locations: TORONTO, China, Canada, pare
Pedestrians walk past the Reserve Bank of Australia building in central Sydney, Australia, February 10, 2017. This is the first time the Reserve Bank of Australia (RBA) laid out how it might revise its bond buying campaign. “Observing that the bond purchase programme had been one of the factors underpinning the accommodative conditions necessary for the economic recovery, members thought it would be premature to consider ceasing the programme," minutes of its June policy meeting showed. Economists are divided on the approach the central bank might adopt with some predicting another A$100 billion round and others forecasting a flexible programme. The central bank did not give any indication on whether it agreed with the market.
Persons: Steven Saphore, Philip Lowe, Luci Ellis, Lowe, Su, Lin Ong, Taylor Nugent Organizations: Reserve Bank of Australia, REUTERS, Reserve Bank of Australia's, RBC, BoC, New, Thomson Locations: Sydney, Australia, Europe, United States, New Zealand, Canadian
A mansion overlooking downtown Aspen has sold for $72.5 million, according to two people familiar with the deal. Appraiser Jonathan Miller said the transaction sets a price record for a single-family home in the upscale Colorado ski town. Mr. Sanders was formerly chairman and chief executive of Sanford C. Bernstein, according to a biography on his company’s website. The roughly 22,000-square-foot, 11-bedroom compound, which includes a guesthouse, was purchased in 2009 for $43 million, according to public records. Mr. Sanders later renovated the property, according to a person familiar with the situation.
Persons: Jonathan Miller, Lewis, Sanders, Sanders Capital, Sanford C, Bernstein, Patrick Dovigi, Dovigi Organizations: Street Journal, New, Sanders, Green Locations: Aspen, Colorado, Vail, Colo, New York, AllianceBernstein, Canadian
U.S., Canada set to discuss lifting of border restrictions -sources
  + stars: | 2021-06-15 | by ( David Shepardson | ) www.reuters.com sentiment -1.00   time to read: +2 min
REUTERS/Lars Hagberg/File PhotoU.S. and Canadian officials are set to meet Tuesday to discuss how to eventually lift pandemic-related border restrictions between the two countries, but no immediate action is expected, sources briefed on the matter told Reuters on Monday. The measures, which also apply to the U.S.-Mexico border, do not affect trade or other essential travel. The current restrictions are set to expire June 21, but U.S. and industry officials expect they will be extended again. Reuters reported previously that U.S. and airline officials do not think U.S. restrictions will be lifted until around July 4 at the earliest. Canada last week took a cautious first step, saying it was prepared to relax quarantine protocols for fully vaccinated citizens returning home starting in early July.
Persons: Lars Hagberg, Biden, Justin Trudeau, Joe Biden Organizations: Canada, REUTERS, Reuters, Monday, European Union, Canadian, U.S, Thomson Locations: United States, Lansdowne , Ontario, Canada, Monday ., U.S, Mexico, United Kingdom, EU, Europe, Ireland, China, India, South Africa, Iran, Brazil
Russian mercenaries, supported by at least one combat helicopter, attacked the neighborhood as they hunted for rebels known as the Seleka. One 20-year-old man, Abdoulaye, told CNN that he came out with several others, hands in the air. CNN and The Sentry obtained confidential UN documents that support the accusations against the Russian mercenaries made by witnesses and victims. Late in December, Russian mercenaries opened fire on a truck that failed to stop at a checkpoint. One man alleged that Russian mercenaries carried out summary executions of suspected rebels in a village near gold and diamond deposits.
Persons: Fatouma, George Clooney, John Prendergast, Abdoulaye, FACA, Djibrila, Sorcha MacLeod, MacLeod, UNWG, Valery Zakharov, Faustin, Vladimir Putin, Yevgeny Prigozhin, Ange Kazagui, Ivan Mechetin, Malik, MINUSCA, he'd, Nimery, Mankeur Ndiaye, President Touadera, Ndiaye, Jean, Pierre Lacroix, Prigozhin, Wagner, Midas, Touadera, Emmanuel Macron, Dmitri Polansky Organizations: Central African Republic, CNN, CAR, Central African, Sentry, UN, Mercenaries, FACA, Rights, University of Copenhagen, Rwandan, UN Human, Medecins San Frontieres, MSF, MINUSCA, Central African Armed Forces, Human, Sewa Services, Wagner PMC, Lobaye Invest, Ministry of Mines, The Locations: Bambari, Central African Republic, al Taqwa, Libya, Russia, Russian, Bossangoa, Bria, MINUSCA, Bangassou, Moscow, Bangui, Canadian, Ndassima, Central Africa, Russians, Berengo, France
Cronos $110 Million Deal With PharmaCann, More Dealmaking in New York
  + stars: | 2021-06-15 | by ( Yeji Jesse Lee | ) www.businessinsider.com sentiment -0.98   time to read: +2 min
Canadian cannabis giant Cronos recently struck a deal with private US company PharmaCann. PharmaCann is one of the few cannabis companies operating in New York. On Monday, Cronos Group, a Canadian cannabis company backed by Altria, said it agreed to make a "strategic investment" in US cannabis company PharmaCann, which has operations in New York. The Cronos-PharmaCann deal comes a few months after US cannabis company Ascend Wellness said it would take a majority stake in MedMen's New York operations for $73 million. Several other cannabis companies are also likely targets in the lucrative New York market.
Persons: Altria, Cronos, Cantor Fitzgerald Organizations: Cronos, Holdings, Constellation Brands, Stifel, Wellness Locations: York, New York, Canadian, PharmaCann, New York , Illinois , Ohio, Maryland , Pennsylvania, Massachusetts, Canada, MedMen's New York
Only one of the 10 medical cannabis companies in New York isn't owned by a multistate operator. Analysts at Stifel said they expect adult-use cannabis sales to start in late 2022, and that the state's market could exceed $5 billion. Cronos Group, a Canadian cannabis company backed by Altria, said in June that it's making a "strategic investment" in private US cannabis company PharmaCann, which has operations in New York. AP Photo/Julio Cortez, FileCompanies eyeing New York's adult-use market have been carefully watching the legislation for months now. The company announced in late March that it had agreed to purchase private New Jersey-based cannabis company Garden State for $101 million.
Persons: Stifel, Altria, New York Jeffrey Schultz, Feuerstein Kulick, Schultz, it's, MedMen, We've, Howard Schacter, Hillary Peckham, Peckham, she's, Cronos, Bill Doran, Benesch Friedlander, Doran, Moelis, Cowen, Vivien Azer, Matilde Campodonico, Norman Birenbaum, Birenbaum, Julio Cortez, Ayr, Jennifer Drake, Boris Jordan, We're, Joe Bayren, Ben Kovler, Andrew Cuomo Organizations: Capital Advisors, Cresco Labs, Green Thumb Industries, Fiorello Pharmaceuticals, Cronos, New York, iAnthus, NY, Columbia, Labs, Health, MedMen, Left Coast Ventures, Moelis, Company, Wellness Holdings, AP, Care, Companies, Ayr Wellness, Garden State, Thumb, Gov Locations: York, New York, MedMen's New York, Canadian, PharmaCann, New, NY, Caliva, Ayr, New Jersey, Garden
Canada's Green Party in turmoil, leader resists calls to step down
  + stars: | 2021-06-15 | by ( ) www.reuters.com + 0.00   time to read: +2 min
Canada's Green Party leader Annamie Paul attends a vigil organised after four members of a Muslim family were killed in what police describe as a hate-motivated attack at London Muslim Mosque in London, Ontario, Canada, June 8, 2021. A Green Party spokesperson declined to comment on the report, but said the party's "federal council" would meet later on Tuesday. I believe that I have been given the instructions to work on behalf of Canadians for a green recovery," Paul said at a news conference in Ottawa. Atwin has said that her exit was in large part due to a dispute over the party's stance on Israel. While the Greens are the smallest faction in parliament, they perform well in British Colombia and hold two seats there.
Persons: Annamie Paul, Carlos Osorio, Paul, Jenica, Atwin, Noah Zatzman, Steve Scherer, Julie Gordon, Jonathan Oatis Organizations: Canada's Green Party, REUTERS, Carlos Osorio OTTAWA, Green Party, Canadian Broadcasting Corp, CBC, Greens, Canadian, Twitter, Facebook, Thomson Locations: London, London , Ontario, Canada, Israel, Quebec, Ottawa, British Colombia
CANADA FX DEBT-Canadian dollar recovers from Friday's 4-week low as oil rises
  + stars: | 2021-06-14 | by ( Fergal Smith | ) www.reuters.com sentiment -0.95   time to read: +2 min
Canadian factory sales decreased by 2.1% in April from March, Statistics Canada said. The price of oil, one of Canada's major exports, was supported by economic recovery. U.S. crude prices rose 0.9% to $71.56 a barrel, while the Canadian dollar was trading 0.2% higher at 1.2143 to the greenback, or 82.35 U.S. cents. Speculators have cut their bullish bets on the Canadian dollar, the strongest G10 currency this year, data from the U.S. Commodity Futures Trading Commission showed on Friday. Canada's 10-year yield touched its lowest level since March 3 at 1.365% before recovering to 1.381%, up 1.3 basis points on the day.
Persons: Price, Fergal Smith TORONTO, Omar Abdelrahman, Abdelrahman, Fergal Smith, Bernadette Baum Organizations: greenback *, U.S, Statistics, U.S . Commodity Futures Trading, Reserve Locations: Statistics Canada, U.S
Farewell for Canadian Muslim family killed in truck attack
  + stars: | 2021-06-14 | by ( ) www.reuters.com sentiment -1.00   time to read: 1 min
Three generations of a Canadian Muslim family were killed while out on an evening walk near their home in London, Ontario, when a man rammed them with his pickup truck in what police said was a premeditated hate crime.
Locations: London , Ontario
Taiwan says will be ‘force for good’ after unprecedented G7 support
  + stars: | 2021-06-14 | by ( ) www.reuters.com + 0.99   time to read: +2 min
Leon Neal/Pool via REUTERSTaiwan will be a “force for good” and continue to seek even greater international support, the presidential office said, after the Chinese-claimed island won unprecedented backing from the Group of Seven of major democracies. Taiwan and G7 member countries share basic values ​​such as democracy, freedom, and human rights, he added. Taiwan will continue to deepen its partnership with G7 states and other like-minded countries and strive for greater support from the international community, he said. Taiwan will also "firmly contribute the greatest force for good" for peace, stability, and prosperity in the Indo-Pacific region, Chang added. While most countries, including G7 members, have no formal diplomatic ties with Taiwan, the grouping along with other Western allies have been bolstering their backing for the island.
Persons: Boris Johnson, Joe Biden, Emmanuel Macron, Justin Trudeau, Scott Morrison, Angela Merkel, Cyril Ramaphosa, Moon Jae, Leon Neal, Xavier Chang, Chang Organizations: British, Canadian, Australia's, REUTERS, Sunday, World Health Organization, Thomson Locations: U.S, German, Carbis Bay, Cornwall, Britain, REUTERS Taiwan, China, Xinjiang, Hong Kong, Taiwan Strait, Taiwan
United States President Joe Biden's plan to unite Washington's closest allies and take on China just scored a big political win. The G7 confronted China on just about every sore spot, from allegations of human rights abuses and forced labor in Xinjiang to ongoing political disputes over Hong Kong, Taiwan and the South China Sea. China still fired back against the statement, accusing the G7 of deliberately slandering China" and "arbitrarily interfering in China's internal affairs." Under Biden, the United States recently expanded a ban on American investment in dozens of Chinese firms. In his statement reported by Xinhua, the Chinese President said it was important to "maintain overall social stability and create a good atmosphere for the Party's centenary."
Persons: Joe Biden's, Washington's, Xi, Donald Trump, Trump, Angela Merkel, Emmanuel Macron, Yoshihide Suga, Queen Elizabeth II, Justin Trudeau, Mario Draghi, Joe Biden, Biden, China's mercantilist, Alex Capri, Hinrich, , Xi Jinping, Qu Yuan Organizations: CNN, US, United, Washington, Embassy, Canadian, Trump, Huawei, Hinrich Foundation, National University of Singapore, Mecrator Institute of China Studies, Eurasia Group, CNN . Rescue, Xinhua, Communist Locations: China, States, United Kingdom, Germany, France, Italy, Canada, Xinjiang, Hong Kong, Taiwan, South China, Taiwan Strait, London, Italian, St Austell , Cornwall, England, Beijing, Europe, United States, Britain, Asia, Korea, New Zealand, China's Hubei Province, China's Hubei, Zhangwan, Shiyan, Heilongjiang province, Shenzhen, Hubei, Tianjin
Power's 2021 Canada Banking Mobile App Satisfaction Study. CIBC supports the most in-demand features Insider IntelligenceMeanwhile, RBC came in second at 836 and Scotiabank rounded out the podium at 830. The bank's new mobile banking features could have aided its scores, though not all of the features resonate with Canadian banking customers, per Insider Intelligence 's inaugural Canada Mobile Banking Emerging Features Benchmark report. The feature was the lowest in demand for the Customer Service section of our survey, with just 5.1% deeming it "extremely valuable." >> Browse Our CoverageCurrent subscribers can access the entire Insider Intelligence content archive here.
Persons: it's Organizations: CIBC, Intelligence, Banking, RBC, Scotiabank, Canada Mobile Banking, Digital Money Management Locations: Power's
Key win for Enbridge oil line as Minnesota court affirms regulator approval
  + stars: | 2021-06-14 | by ( Nia Williams | ) www.reuters.com sentiment -0.66   time to read: +2 min
A series of demonstrations in protest of the Line 3 pipeline, built by Enbridge Energy, in Solway, Minnesota, U.S., June 8, 2021. The decision marks another hurdle cleared for Enbridge's efforts to replace the aging pipeline that carries Alberta oil sands crude through the state. Replacing the pipeline would allow Enbridge to roughly double its capacity to 760,000 barrels per day. Enbridge expects the line to come into service in the fourth quarter of this year. "Today's court decision is a step backwards, but not the end of this years-long fight to protect the health and livability of our state and climate," said Brent Murcia, of the Youth Climate Intervenors.
Persons: Nicholas Pfosi, Lucinda Jesson, Enbridge, Brent Murcia Organizations: Enbridge Energy, REUTERS, Minnesota, Enbridge Inc, Canadian, Midwest refiners, Minnesota Public Utilities, Thomson Locations: Solway , Minnesota, U.S, Alberta, North Dakota, Minnesota
Canadian man accused of murdering Muslim family members to face terror charges
  + stars: | 2021-06-14 | by ( Steve Scherer | ) www.reuters.com sentiment -1.00   time to read: +2 min
People transport three flag-wrapped coffins at the funeral of the Afzaal family that was killed in what police describe as a hate-motivated attack, at the Islamic Centre of Southwest Ontario, in London, Ontario, Canada June 12, 2021. REUTERS/Alex FilipeA Canadian man who is accused of deliberately running over five members of a Muslim family with his truck, killing four of them, now faces terrorism charges in addition to counts of first-degree murderand attempted murder, prosecutors said on Monday. Nathaniel Veltman, 20, was arrested shortly after the June 6 attack in a parking lot in London, Ontario, a short distance from the city's oldest mosque. The five members of the Afzaal family were out for an evening walk near their home when they were run over on the sidewalk. read moreIt was the worst attack against Canadian Muslims since a man gunned down six members of a Quebec City mosque in 2017.
Persons: Alex Filipe A, murderand, Nathaniel Veltman, Veltman, Zoom, Salman Afzaal, Chrystia Freeland Organizations: Islamic, of Southwest, REUTERS, London Free Press, Canadian, Thomson Locations: of Southwest Ontario, London , Ontario, Canada, London, Toronto, Quebec
G7 split on reallocating $100 billion IMF funds to COVID-hit nations
  + stars: | 2021-06-13 | by ( Reuters Staff | ) www.reuters.com sentiment -0.99   time to read: +1 min
Leon Neal/Pool via REUTERSCARBIS BAY, England (Reuters) - Group of Seven leaders were trying to resolve differences over a proposal to reallocate $100 billion from the International Monetary Fund’s warchest to help countries struggling to cope with the COVID-19 crisis. An almost final version of the G7 communique seen by Reuters showed Germany and Italy had yet to back the inclusion of the $100 billion figure in the final statement by leaders. The IMF’s members agreed in April to a $650 billion increase in IMF’s Special Drawing Rights and the G7 countries are considering whether to reallocate $100 billion of their rights to help poor countries fight the COVID pandemic. SDRs are the IMF’s reserve asset, and are exchangeable for dollars, euros, sterling, yen and Chinese yuan or renminbi. Member states can loan or donate their SDR reserves to other countries for their use.
Persons: Boris Johnson, Joe Biden, Emmanuel Macron, Justin Trudeau, Yoshihide Suga, Charles Michel, Mario Draghi, Scott Morrison, Angela Merkel, Cyril Ramaphosa, Moon Jae, Leon Neal, Kristalina Georgieva Organizations: British, Canadian, European, Australia's, Seven, International Monetary, Reuters, IMF Locations: U.S, Japanese, Italian, German, Carbis Bay, Cornwall, Britain, CARBIS BAY, England, Germany, Italy
China tells G7 leaders 'small' groups don't rule the world on final day of summit
  + stars: | 2021-06-13 | by ( ) www.nbcnews.com sentiment -0.73   time to read: +2 min
China on Sunday pointedly cautioned Group of Seven leaders that the days when "small" groups of countries decided the fate of the world was long gone, hitting back at the world's richest democracies which have sought a unified position over Beijing. "The days when global decisions were dictated by a small group of countries are long gone," a spokesman for the Chinese embassy in London said. "We always believe that countries, big or small, strong or weak, poor or rich, are equals, and that world affairs should be handled through consultation by all countries." The G7 are planning to offer developing nations an infrastructure scheme that could rival Xi's multi-trillion-dollar Belt and Road initiative. Beijing has repeatedly hit back against what it perceives as attempts by Western powers to contain China, and says many major powers are still gripped by an outdated imperial mindset after years of humiliating China.
Persons: Xi Jinping, Justin Trudeau, Xi's Organizations: Seven, Beijing, NBC, Canadian Locations: China, London, Soviet Union, England, United States, Canada, Britain, Germany, Italy, France, Japan, Carbis, People's Republic, Beijing
China cautions G7: 'small' groups don't rule the world
  + stars: | 2021-06-13 | by ( ) www.reuters.com sentiment -0.63   time to read: +2 min
China on Sunday pointedly cautioned Group of Seven leaders that the days when "small" groups of countries decided the fate of the world was long gone, hitting back at the world's richest democracies which have sought a unified position over Beijing. "The days when global decisions were dictated by a small group of countries are long gone," a spokesman for the Chinese embassy in London said. "We always believe that countries, big or small, strong or weak, poor or rich, are equals, and that world affairs should be handled through consultation by all countries." read moreThe G7 are planning to offer developing nations an infrastructure scheme that could rival Xi's multi-trillion-dollar Belt and Road initiative. read moreBeijing has repeatedly hit back against what it perceives as attempts by Western powers to contain China, and says many major powers are still gripped by an outdated imperial mindset after years of humiliating China.
Persons: Xi Jinping, Justin Trudeau, Xi's Organizations: Seven, Beijing, Canadian, Thomson Locations: China, London, Soviet Union, England, United States, Canada, Britain, Germany, Italy, France, Japan, Carbis, People's Republic, Beijing
G-7 nations agree to boost climate finance, details missing
  + stars: | 2021-06-13 | by ( ) www.cnbc.com sentiment -0.98   time to read: +2 min
Alongside plans billed as helping speed infrastructure funding in developing countries and a shift to renewable and sustainable technology, the world's seven largest advanced economies again pledged to meet the climate finance target. A spokesman for British Prime Minister Boris Johnson said individual nations were expected to set out the size of the increases "in due course." There was a clear push by leaders at the G-7 summit in southwestern England try to counter China's increasing influence in the world, particularly among developing nations. "As democratic nations, we have a responsibility to help developing countries reap the benefits of clean growth through a fair and transparent system. The G-7 has an unprecedented opportunity to drive a global Green Industrial Revolution, with the potential to transform the way we live."
Persons: Angela Merkel, Ursula von der Leyen, Emmanuel Macron, Yoshihide Suga, Queen Elizabeth II, Justin Trudeau, Boris Johnson, Mario Draghi, Charles Michel, Joe Biden, Japan —, Johnson Organizations: Canadian, British, European, United, The, Reuters, Industrial Locations: Italian, The Eden, St Austell , Cornwall, England, United States, Britain, Canada, France, Germany, Italy, Japan
Canada's Trudeau says he discussed border with Biden, but no deal
  + stars: | 2021-06-13 | by ( ) www.reuters.com + 0.58   time to read: +2 min
U.S. President Joe Biden and Canada's Prime Minister Justin Trudeau attend a session during the G7 summit in Carbis Bay, Cornwall, Britain, June 11, 2021. REUTERS/Kevin Lamarque/Pool/File PhotoCanadian Prime Minister Justin Trudeau said on Sunday he has spoken with U.S. President Joe Biden about how to lift pandemic-related border restrictions between the two countries but made clear no breakthrough has been achieved. The border measures do not affect trade flows. Canada is resisting calls for the border measures to be relaxed, citing the need for more people to be vaccinated. "Many countries, like Canada, continue to say that now is not the time to travel," Trudeau added, though he said it is important to get back to normalcy as quickly as possible.
Persons: Joe Biden, Justin Trudeau, Kevin Lamarque, Trudeau, Biden Organizations: Canada's, REUTERS, Canadian, U.S, Liberal, Thomson Locations: Carbis Bay, Cornwall, Britain, Canada, United States
Factbox: China, climate and vaccines - what the G7 agreed this weekend
  + stars: | 2021-06-13 | by ( ) www.reuters.com + 0.00   time to read: +4 min
CLIMATE CHANGE - The G7 said it would meet a long overdue funding pledge of $100 billion a year by rich countries to help poorer ones cut emissions and cope with global warming. The G7 also promised to halt and reverse biodiversity loss by 2030. read moreCOVID VACCINES - Leaders agreed to donate 1 billion COVID-19 vaccine doses over the next year to poorer countries. RUSSIA - The G7 demanded Russia take action to halt cyber attacks that demand ransoms from businesses in the West. read moreBIDEN AND THE WORLD - Biden was welcomed with open arms by the other G7 leaders after the isolationist stance of Donald Trump. "It’s great to have a U.S. president who’s part of the club and very willing to cooperate," France's Macron said.
Persons: Boris Johnson, Joe Biden, Emmanuel Macron, Justin Trudeau, Yoshihide Suga, Charles Michel, Mario Draghi, Scott Morrison, Angela Merkel, Cyril Ramaphosa, Moon Jae, Leon Neal, Britain's Boris Johnson, Johnson, BIDEN, Biden, Donald Trump, who’s, France's Macron Organizations: British, Canadian, European, Australia's, U.S, United Nations, IMF, International Monetary Fund, Thomson Locations: U.S, Japanese, Italian, German, Carbis Bay, Cornwall, Britain, United States, Japan, Germany, France, Italy, Canada, England, CHINA, Xinjiang, Hong Kong, Africa, Asia, RUSSIA, Russia, Moscow, London, United Kingdom
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