Former Bank of England governor named new prime minister of Canada
Sunday, 9 March 2025 Former Bank of England governor Mark Carney will become the new prime minister of Canada after winning the Liberal Party leadership race.
Trump has announced a 25% tariff increase on Canadian steel and aluminum, escalating trade tensions between Washington and Ottawa. The decision comes just days after Canadian Prime Minister Mark Carney warned of potential economic fallout from U.S. trade policies. Trump justified the move by citing...
The system for regulating water companies should be overhauled and replaced with one body for England and one body for Wales, a landmark review of the sector has advised. The much-anticipated report from the Independent Water Commission, led by former Bank of England deputy governor Sir Jon Cunliffe, outlines 88 recommendations to the UK and Welsh governments. Water minister Emma Hardy says she cannot guarantee the government will implement all 88 recommendations. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
In a seismic shift in foreign policy, Canada has announced it will formally recognise the State of Palestine at the 80th UN General Assembly session in September 2025. Prime Minister Mark Carney declared the move essential to preserve hopes of a two-state solution—calling current efforts "eroded before our eyes." The decision follows similar recognitions by France and the UK, creating a powerful bloc pushing for Palestinian statehood. However, Carney made the recognition conditional—insisting on PA reforms, 2026 elections excluding Hamas, and full demilitarisation. Israel has blasted the decision, calling it a "distorted campaign of international pressure" and warning it legitimises Hamas's October 7 atrocities. Palestinian President Mahmud Abbas hailed the move as “historic.” The tension between international recognition and Israeli resistance could reshape global diplomacy on the conflict.
#Canada #Palestine #Israel #UNGeneralAssembly #TwoStateSolution #MarkCarney #PalestinianState #Gaza #Hamas #Abbas #MiddleEast #IsraelPalestine #PeaceProcess #UNGA2025 #France #UK #Ottawa #Jerusalem #Diplomacy #BreakingNews
Also Read
Far-Right Minister Itamar Ben-Gvir's Visit to Jerusalem Site Stirs Controversy :: https://www.oneindia.com/international/far-right-minister-itamar-ben-gvir-controversial-visit-jerusalem-011-3831673.html?ref=DMDesc
Israel's First Reaction On Ireland And Norway Over Recognition Of Palestinian State :: https://www.oneindia.com/international/israels-first-reaction-on-ireland-and-norway-over-recognition-of-palestinian-state-3831297.html?ref=DMDesc
Biden hails Australia as "anchor to peace and prosperity" in the Pacific :: https://www.oneindia.com/international/biden-hails-australia-as-anchor-to-peace-and-prosperity-in-the-pacific-gen-3667943.html?ref=DMDesc
~HT.318~ED.102~GR.124~
Amid escalating trade hostilities from Trump’s high‑tariff agenda, Canada is forging a bold new path. Industry Minister Mélanie Joly announced Ottawa’s plan to defend jobs and supply chains by intensifying economic diplomacy and forging trade ties beyond the U.S. “While the U.S. becomes weaker,” Joly declared, “we will become stronger.”
With Washington threatening a sweeping 35% tariff starting August 1—and even mooting 50% levies on copper and 200% on pharmaceuticals—Canada is accelerating deals with the EU and diversifying its export strategy. Prime Minister Mark Carney called urgent cabinet and provincial meetings to map out the response and signal unity. Ottawa remains poised not just to withstand the U.S. onslaught but to come out fortified. As global unpredictability grows, Canada is betting big on economic resilience and a multipolar trade future.
#canadatrade #trumptariffs #economicdiplomacy #tradewar #diversification
#ottawastrength #usacceleration #eutrade #supplychain #globalmarkets
#protectjobs #markcarney #melaniejoly #canadianexports #tariffthreat
#northamerica #economicstrategy #canadagetsstronger #trumpeconomics #worldtrade
Tensions between the U.S. and Canada are boiling over as President Donald Trump announces a massive 35% tariff on Canadian imports, set to take effect August 1. Canadian Prime Minister Mark Carney vows to protect workers and industries, warning of strong retaliation. With Trump linking the tariffs to Canada’s fentanyl response and trade imbalances, Carney dismisses the accusations and pledges to stand firm. Is North America heading toward a full-blown trade war?
#TradeWar #TrumpTariffs #CanadaVsUS #MarkCarney #USCanadaTensions #TariffDeadline #EconomicCrisis #FentanylCrisis #Protectionism #BreakingNews
~HT.410~GR.124~PR.274~ED.102~
U.S Escalates Global Trade War: U.S. President Donald Trump has announced a sweeping 35% tariff on Canadian imports starting August 1st — warning that the rate will increase if Canada retaliates. In a fiery letter sent to Canadian PM Mark Carney via social media, Trump doubled down on his protectionist policies, also targeting U.S. allies like Japan and South Korea with blanket tariffs ranging from 15% to 20%. Copper imports have been hit with a staggering 50% duty.
Global markets are rattled. Allies are on edge. Is this the return of full-blown tariff wars? Or a strategic push to revive American manufacturing?
Canadian officials have vowed to protect workers. But will this trigger a broader trade showdown?
#TrumpTariffs #TradeWar #USCanada #MarkCarney #GlobalTradeCrisis #CopperTariff #USJapan #TradeWar2025 #EconomicNews #BreakingNews #USPolitics #DonaldTrump #Protectionism #TariffWar #CanadaUS
~HT.410~PR.274~GR.122~ED.102~
Tensions flared at the G7 summit in Canada as U.S. President Donald Trump launched into an unfiltered rant about mass deportations, only to be abruptly cut off mid-speech by Canadian Prime Minister and G7 chair Mark Carney. As Trump accused Democrats of using "millions of illegal immigrants to cheat in elections," Carney stepped in and ended the press conference, prompting a wave of reactions across social media.
#Trump #G7Summit #MarkCarney #Deportations #TrumpSpeech #ImmigrationCrisis #MassDeportation #ICE #USPolitics #Canada #TrumpRant #ViralMoment #GlobalBacklash #G7Canada #PoliticalDrama #TrumpVsCarney #TruthSocial #StephenMiller #BlueStates #PressConferenceClash
Also Read
Donald Trump Says Iran Will Not Win War, Should Push For Talk Before It's Too Late :: https://www.oneindia.com/international/donald-trump-says-iran-will-not-win-war-should-push-for-talk-before-its-too-late-4183539.html?ref=DMDesc
Donald Trump Supported Israel's Plan To Kill Iran's Supreme Leader Ayatollah Ali Khamenei: US Officials :: https://www.oneindia.com/international/donald-trump-supported-israels-plan-to-kill-iran-supreme-leader-ayatollah-ali-khamenei-us-offici-4182653.html?ref=DMDesc
US To Impose Travel Restrictions On 36 Countries: Check List Here :: https://www.oneindia.com/international/us-to-impose-travel-restrictions-on-36-countries-check-list-here-4182641.html?ref=DMDesc
~PR.274~HT.408~ED.102~
David Newyork David NY David NYC New York City Manhattan America USA Times Square 42nd Street Washington Square Park Union Square Park Madison Square Park Donald Trump Elon Musk China Canada Mexico..
David Newyork David NY David NYC New York City Manhattan America USA Times Square 42nd Street Washington Square Park Union Square Park Madison Square Park Donald Trump Elon Musk China Canada Mexico..
Danish Defense Minister Troels Lund Poulsen has condemned US President Donald Trump’s renewed push to annex Greenland, calling it “escalating tensions” and disrespectful. Danish Defense Minister..
Ex-Governor of the Bank of England, Mark Carney had previously steered Canada through the Great Recession as the governor of the Bank of Canada, the country's... DNA
Canada is poised to welcome a new prime minister as the Liberal Party selects a successor to Justin Trudeau, who resigned in January. The leadership race is led... IndiaTimes