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...
Canadian Prime Minister Mark Carney faces a critical test on Monday when Parliament votes on his first budget, with a defeat potentially triggering a second federal election in less than a year.
Carney’s Liberals are a few seats short of a majority in the 343-seat House of Commons, meaning they will need some opposition MPs to support the budget or abstain from voting. The vote is scheduled for 6:45 p.m. Eastern Time (23:45 GMT).
On paper, Carney appears safe as the left-leaning New Democrats, who lost nearly three-quarters of their seats in the April election that brought Carney to power, have indicated they will not bring him down. The party is low on funds and lacks a permanent leader.
The Globe and Mail reported on Monday that a senior Liberal source expected the government to narrowly win the vote. If it loses, Carney could either call an election or negotiate a deal with the New Democrats, whereby they would support him in exchange for increased social spending.
Carney’s predecessor, Justin Trudeau, struck a similar deal with the New Democrats that lasted two-and-a-half years.
Recent polls suggest the Liberals would retain power if an election were held now. The right-of-centre Conservative Party, which lost the April election, is facing internal divisions, with leader Pierre Poilievre due for a performance review in January.
Carney’s budget, an economic plan for the coming fiscal year, proposes doubling the fiscal deficit to counter U.S. tariffs and fund defence and housing programmes. While it includes cuts to the federal workforce, the budget does not feature the level of austerity some had feared.
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.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment