UK-US Tech Deal: $42B investment in AI, quantum, and nuclear energy
In a landmark agreement during President Donald Trump's state visit, the UK and US have unveiled a $42 billion "Tech Prosperity Deal," focusing on adv...
Canada's government faces uncertainty as Finance Minister Chrystia Freeland resigns, leaving the country vulnerable to looming U.S. tariffs under President-elect Donald Trump.
Canada’s government is facing political turmoil after Finance Minister Chrystia Freeland abruptly resigned on Monday, leaving Prime Minister Justin Trudeau’s administration adrift just weeks before the inauguration of a U.S. administration that has threatened severe tariffs on Canadian exports.
Freeland stepped down after Trudeau offered her a lesser role in cabinet, citing disagreements over the prime minister's push for increased spending. She warned that excessive spending could weaken Canada’s ability to withstand the economic fallout from potential tariffs imposed by U.S. President-elect Donald Trump.
As the head of a special cabinet committee on Canada-U.S. relations, Freeland had been instrumental in coordinating with Canada’s 10 provinces to prepare a unified response to Trump’s trade policies.
Her departure came as a shock, particularly to Alberta Premier Danielle Smith, who criticized the government for leaving provincial leaders blindsided. Smith revealed that premiers learned of Freeland’s resignation halfway through a critical meeting about Canada-U.S. relations.
The resignation has further deepened internal divisions within Trudeau’s ruling Liberal Party. Disgruntled legislators, some of whom have been urging Trudeau to resign for months, gathered in Ottawa to express their frustration over the party’s declining popularity.
With national elections due no later than October 2025, the Liberals are trailing in the polls, putting Trudeau under increasing pressure to step aside.
Freeland’s departure comes at a precarious time for Canada’s economy. During Trump’s first presidency in 2017, he threatened to dismantle the North American Free Trade Agreement (NAFTA), a move that could have devastated Canada’s U.S.-dependent economy.
Freeland, then foreign minister, played a pivotal role in renegotiating the deal, helping to secure the United States-Mexico-Canada Agreement (USMCA).
With Trump poised to return to power and hinting at renewed tariffs, Canada now finds itself without one of its most experienced negotiators at a crucial moment. Trudeau's government faces mounting pressure to stabilize the leadership vacuum and reassure Canadians that the country is prepared to navigate the economic and political challenges ahead.
AnewZ has learned that India has once again blocked Azerbaijan’s application for full membership in the Shanghai Cooperation Organisation, while Pakistan’s recent decision to consider diplomatic relations with Armenia has been coordinated with Baku as part of Azerbaijan’s peace agenda.
A day of mourning has been declared in Portugal to pay respect to victims who lost their lives in the Lisbon Funicular crash which happened on Wednesday evening.
A Polish Air Force pilot was killed on Thursday when an F-16 fighter jet crashed during a training flight ahead of the 2025 Radom International Air Show.
At least eight people have died and more than 90 others were injured following a catastrophic gas tanker explosion on a major highway in Mexico City’s Iztapalapa district on Wednesday, authorities confirmed.
In a landmark agreement during President Donald Trump's state visit, the UK and US have unveiled a $42 billion "Tech Prosperity Deal," focusing on advancements in AI, quantum computing, and civil nuclear energy.
Benfica squandered a two-goal advantage, falling 3-2 at home to Qarabag in their Champions League opener. Oleksiy Kashchuk's late strike secured a historic comeback for the Azerbaijani side.
The International Atomic Energy Agency said on Tuesday its team at Ukraine's Zaporizhzhia nuclear power plant heard shelling close to the site and observed black smoke rising from three nearby locations.
U.S. President Donald Trump arrived in Britain late on Tuesday for his second state visit, where the UK and US plan to announce major investment deals and strengthen their “special relationship,” Prime Minister Keir Starmer said.
Protesters gathered outside Windsor Castle on Tuesday ahead of Donald Trump’s state visit, unfurling banners as police stepped up security around the royal residence.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment