WEATHER ALERT
Allies preserve unity even as Trump's tariffs and Canada taunts overshadow G7 meeting
Read full article: Allies preserve unity even as Trump's tariffs and Canada taunts overshadow G7 meetingTop diplomats from the Group of 7 industrialized democracies are jointly expressing support for Ukraine and a U.S. ceasefire proposal in the three-year-old war.
Canada's next prime minister Carney says transition will be quick after meeting with Trudeau
Read full article: Canada's next prime minister Carney says transition will be quick after meeting with TrudeauCanada’s next prime minister has met with outgoing Prime Minister Justin Trudeau and is vowing a quick transition.
Canada's next prime minister has managed the financial crisis, Brexit and now Trump's trade war
Read full article: Canada's next prime minister has managed the financial crisis, Brexit and now Trump's trade warCanada’s next prime minister has helped run two Group of Seven economies in crisis and will now try to steer Canada through a looming trade war brought by U.S. President Donald Trump, a threat of annexation and an expected federal election.
Ex-central banker to replace Trudeau as Canada's prime minister after winning Liberal Party vote
Read full article: Ex-central banker to replace Trudeau as Canada's prime minister after winning Liberal Party voteFormer central banker Mark Carney will become Canada’s next prime minister after the governing Liberal Party elected him its leader as the country deals with U.S. President Donald Trump’s trade war and annexation threat, and a federal election looms.
Canada's Liberal Party in search of a new leader while dealing with Trump threats, pending election
Read full article: Canada's Liberal Party in search of a new leader while dealing with Trump threats, pending electionCanadian Prime Minister Justin Trudeau’s Liberal Party finds itself in search of a new leader while dealing with U.S. President-elect Donald Trump’s threats to impose steep tariffs on Canadian goods and with Canada’s election just months away.
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UN envoy lays out strategy for financing climate battle
Read full article: UN envoy lays out strategy for financing climate battleFormer governor of the Bank of England Mark Carney, who is the U.N.s special envoy for climate change, laid out a strategy for financing efforts to cut carbon emissions, on Monday Nov. 9, 2020, calling on companies to be more transparent about their efforts. (AP Photo/Kirsty Wigglesworth, FILE)LONDON – The U.N.’s special envoy for climate change on Monday laid out a strategy for financing efforts to cut carbon emissions, calling on companies to be more transparent about their efforts and the impact rising temperatures will have on their operations. He said Monday that companies need to go further by disclosing the risks climate change poses to their businesses and their plans for the future. Investors such as banks, insurance companies and investment funds should also disclose how their choices are aligned with climate goals, he said. “Climate change is a global challenge.
Bank of England awaits election outcome before moving rates
Read full article: Bank of England awaits election outcome before moving ratesLONDON Under normal circumstances, the Bank of England would be looking to cut interest rates. On Thursday, the Bank of England is widely predicted to keep its main interest rate at 0.75% despite the gloomy economic backdrop. "The upcoming general election has added to the fog of political uncertainty already hanging over the U.K. economy because of Brexit," said Kallum Pickering, senior economist at Berenberg. Not everyone is convinced, with Johnson's political opponents arguing for alternative courses from scrapping Brexit to another referendum on Britain's membership. They claim his Brexit deal will just lead to further uncertainty that keeps investment in check and potentially forces the Bank of England to cut interest rates.