Former central banker Mark Carney won the race to become leader of Canada's ruling Liberal Party and will succeed Justin Trudeau as prime minister, official results showed on Sunday.
Carney will take over at a tumultuous time in Canada, which is in the midst of a trade war with longtime ally the United States and must hold a general election soon. Carney, 59, defeated former Finance Minister Chrystia Freeland who came in second place in a contest in which just over 150,000 party members voted.
Trudeau announced in January that he would step down after more than nine years in power as his approval rating plummeted, forcing the ruling Liberal Party to run a quick contest to replace him.
Carney, a political novice, argued that he was best placed to revive the party and to oversee trade negotiations with President Donald Trump, who is threatening additional tariffs that could cripple Canada's export-dependent economy.
The EU is exploring emergency interventions to its maritime trade restrictions, moving to temporarily freeze the...
Dmitry Medvedev, deputy chair of the Security Council of Russia and the country’s former president, cautioned...
Russian President Vladimir Putin’s recent diplomatic push into Central Asia yielded high-minded rhetoric but few substantive...
Trump’s Board of Peace for Gaza has raised no money into its official World Bank fund...
