Former central banker Mark Carney has won the race to lead Canada’s ruling Liberal Party and will succeed Justin Trudeau as prime minister, official results showed on Sunday. His leadership begins at a critical time, with looming elections and rising trade tensions with the U.S.
Carney, 59, defeated former Finance Minister Chrystia Freeland in a leadership contest where over 150,000 party members cast their votes. His victory marks the first time a political outsider with no previous government role has become Canada’s prime minister.
A former governor of both the Bank of Canada and the Bank of England, Carney positioned himself as the best candidate to handle trade disputes with U.S. President Donald Trump, who is threatening additional tariffs on Canada’s economy.
During his campaign, Carney backed retaliatory tariffs against the U.S. and pushed for a stronger investment strategy to boost Canada’s economy, arguing that growth under Trudeau had been insufficient.
Trudeau announced his resignation in January after nine years in power, amid plummeting approval ratings. Carney, the frontrunner in the leadership race, secured the most endorsements and raised the most funds among four Liberal candidates.
His leadership has already boosted the Liberal Party’s momentum, as Trump’s tariff threats and jokes about annexing Canada have sparked national unity debates. A general election is expected soon, with Carney preparing to defend his new position.
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President Donald Trump has paid his respect to the Late Queen Elizabeth by laying a wreath on her tomb.
Georgia has officially closed one of the last remaining chapters of its post-Soviet financial history: the repayment of its longstanding debt to Russia.
Russia resumed regular domestic passenger flights to the southern city of Krasnodar on Wednesday, fully reopening a key regional airport that was closed for more than three years due to security concerns linked to the war in Ukraine.
China has launched its first direct break-bulk shipping service to Peru’s Chancay port, marking a new stage in connectivity between Asia and South America under the Belt and Road Initiative.
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.
President Donald Trump has paid his respect to the Late Queen Elizabeth by laying a wreath on her tomb.
Russia resumed regular domestic passenger flights to the southern city of Krasnodar on Wednesday, fully reopening a key regional airport that was closed for more than three years due to security concerns linked to the war in Ukraine.
Iran’s Foreign Minister Abbas Araghchi held a joint telephone conversation with his counterparts from France, Germany and the UK as well as the EU foreign policy chief as Iran and Europe are at loggerheads over the future of sanctions against Tehran’s nuclear program.
Yulia Navalnaya, the wife of late Russian opposition leader Alexei Navalny, has revealed that her husband has been poisoned.
On Wednesday, the European Commission proposed suspending free-trade arrangements on Israeli goods due to the ongoing Gaza conflict. This move is part of the EU's efforts to address the war's humanitarian and political impacts, but it lacks sufficient support from EU member states to pass.
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