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.
A Jan. 6 rioter who was pardoned by President Donald Trump has been charged with making terroristic threats after allegedly sending text messages that...
Netflix (NFLX) missed Wall Street third-quarter earnings targets due to an unexpected expense from a dispute with Brazilian tax authorities, though it...
Uzbekistan and Saudi Arabia have strengthened their strategic economic partnership with new projects in the capital’s development plan, including th...
European nations are working with Ukraine on a new ceasefire proposal along current battle lines, aiming to keep the United States in a central role, ...
The leaders of 19 European Union nations have called on the bloc to launch a renewed effort to “review, reduce and restrain” legislation in order ...
A Jan. 6 rioter who was pardoned by President Donald Trump has been charged with making terroristic threats after allegedly sending text messages that threatened to kill House Democratic Leader Hakeem Jeffries, according to a felony complaint filed in New York state court.
Uzbekistan and Saudi Arabia have strengthened their strategic economic partnership with new projects in the capital’s development plan, including the construction of the ‘Riyadh Quarter’ in New Tashkent and the launch of a new international airport.
European nations are working with Ukraine on a new ceasefire proposal along current battle lines, aiming to keep the United States in a central role, four European diplomats told reporters on Tuesday.
The leaders of 19 European Union nations have called on the bloc to launch a renewed effort to “review, reduce and restrain” legislation in order to boost economic competitiveness, according to a letter seen by Reuters on Tuesday.
At least 69 people have died and almost 150 injured following a powerful 6.9-magnitude earthquake off the coast of Cebu City in the central Visayas region of the Philippines, officials said, making it one of the country’s deadliest disasters this year.
A tsunami threat was issued in Chile after a magnitude 7.8 earthquake struck the Drake Passage on Friday. The epicenter was located 135 miles south of Puerto Williams on the north coast of Navarino Island.
The war in Ukraine has reached a strategic impasse, and it seems that the conflict will not be solved by military means. This creates a path toward one of two alternatives: either a “frozen” phase that can last indefinitely or a quest for a durable political regulation.
A shooting in Nice, southeastern France, left two people dead and five injured on Friday, authorities said.
Snapchat will start charging users who store more than 5GB of photos and videos in its Memories feature, prompting backlash from long-time users.
President Donald Trump rejected a request from leading Democratic lawmakers to meet until the three-week-old U.S. government shutdown is brought to an end on Tuesday.
A Colombian court has overturned former President Álvaro Uribe’s convictions for fraud and bribery, halting a years-long legal saga that had made him the country’s first ex-leader to face criminal sentencing.
A Jan. 6 rioter who was pardoned by President Donald Trump has been charged with making terroristic threats after allegedly sending text messages that threatened to kill House Democratic Leader Hakeem Jeffries, according to a felony complaint filed in New York state court.
Netflix (NFLX) missed Wall Street third-quarter earnings targets due to an unexpected expense from a dispute with Brazilian tax authorities, though it offered a slightly stronger-than-expected forecast for the rest of the year.
Uzbekistan and Saudi Arabia have strengthened their strategic economic partnership with new projects in the capital’s development plan, including the construction of the ‘Riyadh Quarter’ in New Tashkent and the launch of a new international airport.
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