live U.S.-Iran standoff continues as Hormuz shipping and diplomacy remain uncertain
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to res...
Prime Minister Justin Trudeau addressed internal turmoil within the Liberal Party after Finance Minister Chrystia Freeland resigned on December 17, fueling calls for his departure.
On December 17, Prime Minister Justin Trudeau publicly acknowledged the internal turmoil within his ruling Liberal Party following the sudden resignation of Finance Minister Chrystia Freeland.
Speaking at the Liberal Party’s National Caucus gathering, Trudeau downplayed the severity of the situation, likening it to family disputes, and emphasized the party's ability to overcome challenges. "Like most families, sometimes we have fights around the holidays, but of course, like most families, we find our way through it," he told the audience.
Freeland’s resignation, which took place just ahead of a crucial economic update and a new U.S. administration set to impose potential tariffs on Canadian exports, has escalated pressure within the Liberal Party.
Some Liberal MPs, dissatisfied with Trudeau’s leadership, have begun calling for his resignation. Trudeau has thus far rejected these calls, but with growing frustration among party members, the political landscape appears increasingly uncertain.
Freeland, 56, who also served as Deputy Prime Minister, had played a key role in managing Canada-U.S. relations. She was deeply involved in coordinating with the 10 provinces to ensure a unified Canadian response to U.S. policies.
However, after Trudeau offered her a diminished role, Freeland cited concerns that Trudeau’s push for increased spending could undermine Canada's economic resilience, especially as the U.S. President-elect Donald Trump prepares to introduce tariffs that could harm the Canadian economy.
Freeland’s sudden departure leaves the Liberal government facing one of its most significant crises since Trudeau took power in 2015. The move comes at a time when the Liberals are trailing behind the Conservative Party in the polls ahead of the 2025 federal election.
The resignation also comes just hours before Freeland was scheduled to present a fall economic update that revealed a C$61.9 billion deficit for the 2023/24 budget—far exceeding earlier predictions.
As the Liberal Party grapples with internal divisions and external challenges, analysts warn that Trudeau's leadership may be increasingly difficult to maintain in the face of growing pressure and a rapidly shifting political landscape.
The collective-defence agreement between Türkiye, Saudi Arabia and Pakistan signals that regional powers no longer want to rely solely on external security guarantees. Whether it becomes a stabilising deterrent or another axis of rivalry remains unresolved.
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to resolve the conflict remained stalled. Nine commodity vessels transited the key waterway on Wednesday, unchanged from the previous day, according to Kpler data.
Shipping through the Strait of Hormuz has slowed, according to the latest data, as uncertainty over the waterway’s reopening kept most shipowners away. Six commodity vessels crossed the strait on Tuesday, down from nine the day before and below the 10-day daily average of 11.
Iran has said the Strait of Hormuz will remain closed until the U.S. fulfils the terms of an interim deal, including lifting the maritime blockade and sanctions and releasing Iran’s frozen assets.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 19th of August, covering the latest developments.
Shipping traffic through the Strait of Hormuz remains limited on Thursday, with no increase in vessel crossings as U.S.-Iran talks to resolve the conflict remained stalled. Nine commodity vessels transited the key waterway on Wednesday, unchanged from the previous day, according to Kpler data.
Australia on Thursday condemned Israel’s decision to close its criminal investigation into the deaths of Australian aid worker Zomi Frankcom and six World Central Kitchen colleagues killed in Gaza in April 2024.
North Korea has fired more than 10 short-range ballistic missiles after U.S. President Donald Trump reduced American participation in joint military exercises with South Korea in an effort to revive dialogue with Pyongyang.
Georgia’s foreign trade data for January-July 2026 shows Kyrgyzstan, China and Russia as its top three export markets, highlighting its Middle Corridor ambitions and complex economic ties with Moscow.
Kazakhstan will vote on 23 August in its first parliamentary election under the new Constitution, choosing 145 members of the new Kurultai under a fundamentally changed electoral system based entirely on party lists.
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