Glacier FarmMedia COVID-19 & the Farm

Global Markets: Vast majority of Canadians have low opinion of China

By MarketsFarm

WINNIPEG, March 16 (MarketsFarm) – The following is a glance at the news moving markets in Canada and globally.

– An opinion poll released on Tuesday by the Angus Reid Institute found that Canadians’ views towards China are at an all-time low. Seventy-five per cent of the poll’s respondents agreed that Canada-China relations won’t improve while the latter keep Michael Kovrig and Michael Spavor behind bars. About 11 per cent of those polled supported improving trade relations with China and 14 per cent had a favourable view of China. Kovrig and Spavor were detained by Chinese officials shortly after the December 2018 arrest of Huawei executive Meng Wanzhou at the request of the United States. While ‘the Two Michaels’ languish in Chinese jails awaiting trial on espionage charges, Meng is under house arrest in her Vancouver mansion as her extradition process continues.

– With at least a dozen states in the U.S. easing their COVID-19 restrictions, there are warnings on Tuesday that the door could be wide open for one or more of the new strains of the coronavirus to take hold. That includes the more deadly B.1.1.7 variant from the United Kingdom that’s already generated cases in 48 states as well as in Washington, D.C., according to the Centers for Disease Control (CDC). “We could go in either direction. What happens now is really up to us and whether we keep up masking and avoiding indoor gatherings as we should be until the point that we’re vaccinated,” emergency physician Dr. Leana Wen told CNN.

– Following 37 instances of blood clots after 17 million people received the Oxford-AstraZeneca COVID-19 vaccine in Europe, the World Health Organization (WHO) and the European Medicines Agency (EMA) are having meetings on Tuesday to review reports. Both organizations, which are conducting separate reviews, urged countries to continue giving the Oxford-AstraZeneca vaccine. However, France, Germany, Italy and Spain have temporarily halted its use as a precautionary measure. Meanwhile, Belgium, the Czech Republic, Poland and Ukraine said they are continuing with the vaccine.

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