Decline in farm and fishery exports to blame for 0.4% economic growth
Canada’s economy had its weakest back-to-back growth in four years. The Canadian Press cited a report from that Statistics Canada that says the economy expanded less than half a percent over the most recent quarter. The biggest declines in exports were in farm and fishing products along with crude-oil shipments. On a positive note though, household spending was up to the highest in two years.
Tensions between Canada and China over Huawei executive arrest escalating
China warned Canada to be aware of the consequences if they help the U.S. in the case against a Huawei executive. The situation is believed to have caused the arrest of two Canadians in China who are accused of stealing state secrets. Both men have been denied contact with lawyers and family members.
African Swine Fever spreads to South Korea
South Korea is trying to prevent the spread of African Swine Fever after an outbreak on a farm near the Chinese border. Officials reported that almost 100 percent of the pigs at the facility were lost to the disease. Over one million pigs have been killed in China as the disease ravages livestock in the country and have spread to bordering ones.
