Mark Carney is Canada’s new prime minister, taking office amid a trade war with U.S. President Donald Trump.
Economist and political newcomer Mark Carney has been sworn in as Canada’s new prime minister, replacing Justin Trudeau, who served for nine years.
The 59-year-old takes office amid an ongoing trade war with U.S. President Donald Trump, who has threatened tariffs that could severely impact the Canadian economy.
Carney has reshaped his 24-person cabinet, cutting nearly half the ministerial positions inherited from Trudeau, with a focus on handling relations with Washington.
The new prime minister has pledged to take a different approach in dealing with Trump than his predecessor. While he stated he had no immediate plans to speak with the U.S. president, he firmly rejected any suggestion of annexation, declaring that Canada “will never, ever in any way, shape, or form be part of the United States.”
Canadian Prime Minister Carney has strongly asserted that Canada will never merge with the United States, reaffirming the country's commitment to its sovereignty and independence.
Mark Carney will be sworn in as Canada’s prime minister on Friday, marking a historic rise for the ex-central banker with no prior political experience.
Canada has initiated a formal dispute complaint against the United States at the World Trade Organization (WTO) over its imposition of import duties on certain steel and aluminium products from Canada.
Ukraine has received the first installment of 2.5 billion Canadian dollars (approximately $1.7 billion) from Ottawa under the G7's Extraordinary Revenue Acceleration (ERA) initiative, the Ukrainian Finance Ministry announced on March 13.
The Bank of Canada trimmed its key policy rate by 25 basis points on Wednesday, lowering it to 2.75%, as concerns mount over inflationary pressures and weaker economic growth driven by renewed trade uncertainties and tariff threats.
Frederic Arnault, one of the five children of LVMH, opens new tab chairman and CEO Bernard Arnault, will become chief executive of the group's high-end Italian cashmere label Loro Piana in June, the world's biggest luxury group said in a statement.
The United States of America on Friday gave marching orders to the South African Ambassador Ebrahim Rasool declaring him ‘persona non grata’ - the latin phrase for “unwelcome person”.
XPeng Motors plans to mass-produce flying cars by 2026, becoming the first company globally to do so. CEO He Xiaopeng also highlighted advancements in autonomous driving and humanoid robotics as part of the company’s future tech initiatives.
World leaders welcomed the 30-day ceasefire proposal that Ukraine has agreed to, calling it a step toward ending the conflict with Russia.
Regarding the Armenia-Azerbaijan process, we cannot forget the years of occupation, and we will not forget them, President Ilham Aliyev said in his speech at the opening ceremony of the 12th Global Baku Forum.
In Tuesday’s closely watched parliamentary election, Greenland’s pro-business opposition Demokraatit party took a commanding lead after over 90% of the ballots were counted.
BioNTech forecasts a revenue decline for 2025, expecting between 1.7 billion and 2.2 billion euros, down from 2.75 billion euros last year. This drop is due to Pfizer write-downs and stable vaccination rates. BioNTech also plans significant job cuts and new hires.
The United States of America on Friday gave marching orders to the South African Ambassador Ebrahim Rasool declaring him ‘persona non grata’ - the latin phrase for “unwelcome person”.
UK Prime Minister Keir Starmer will host a virtual meeting with around 25 world leaders today as part of the Coalition of the Willing, reinforcing efforts to secure a just and lasting peace for Ukraine.
Frederic Arnault, one of the five children of LVMH, opens new tab chairman and CEO Bernard Arnault, will become chief executive of the group's high-end Italian cashmere label Loro Piana in June, the world's biggest luxury group said in a statement.
The United States of America on Friday gave marching orders to the South African Ambassador Ebrahim Rasool declaring him ‘persona non grata’ - the latin phrase for “unwelcome person”.
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