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Mark Carney announces his candidacy to replace Trudeau as Prime Minister of Canada

Former Bank of Canada governor (2008-2013) Mark Carney announced on Thursday that he will present his candidacy to lead the Liberal Party and become the country’s prime minister.

Carney, 59, who was also governor of the Bank of England (2013-2020), is the first of the main candidates to publicly communicate his desire to replace Justin Trudeau, who announced his resignation in December.

In a speech in the city of Edmonton, in the west of the country, he acknowledged that “the system is not working as it should” and that many people do not find affordable housing or a family doctor.

With a centrist and nationalist language, Carney declared that “these are normal times for us” and warned that “in just four days Donald Trump will become the 47th president (of the United States), a man who threatens his closest and most faithful allies, including Canada, with economic strength.”

In this sense, he explained that he wants to be the leader of the Liberal Party and Canadian Prime Minister because Canada faces “unprecedented challenges.”

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Carney also referred to the leader of the Conservative Party, Pierre Poilievre, whom polls point so far as the winner of the next general elections, and criticized that he is worried “looking for the support of Donald Trump and Elon Musk.”

“Sending Poilievre to negotiate with Trump is the worst possible idea,” he added.

The former governor of the Bank of Canada recalled the seven years he spent at the head of the Bank of England: “In the United Kingdom I saw from the front row what happened there after years in which the conservatives shouted that the country was broken.”

“Conservatives don’t shout that Canada is broken because they want to fix it, what they want is permission to destroy it,” he said.
Carney concluded by pointing out that he will win the next elections to “build a strong economy for all and to defend Canada against Trump.”

The Liberal Party will reveal on March 9 the name of Trudeau’s substitute, who on December 16 announced that he will resign when the political formation chooses his substitute.

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Chrystia Freeland, until December vice prime minister of the country, is expected to announce her candidacy next week, which will make her Carney’s main rival.

The opposition parties, which have a majority in Parliament, have already announced that as soon as the sessions of Parliament resume on March 24, they will present a motion of censure to hold early elections.

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International

Iranian leader warns foreign powers have “no place” in Strait of Hormuz

Iran’s Supreme Leader, Mojtaba Khamenei, said Thursday that the Persian Gulf is entering a new era marked by a “bright” future without the presence of the United States in the region.

His remarks came during the commemoration of Persian Gulf Day, amid ongoing regional tensions following recent military confrontations involving Iran, the United States, and Israel.

“Today, two months after the largest military buildup and aggression by the bullies of the world in the region and the humiliating defeat of the United States, a new chapter is being written for the Persian Gulf and the Strait of Hormuz,” Khamenei stated.

The Iranian leader insisted that the future of the region would be free from American influence and focused instead on the internal development and prosperity of Gulf nations.

“By the power and strength of God, the bright future of the Persian Gulf region will be a future without the United States and dedicated to the progress, welfare, and prosperity of its nations,” he said.

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Khamenei also questioned the effectiveness of U.S. military bases in the region, arguing that they do not provide security even for Washington’s allies.

“Foreigners who come from thousands of miles away and commit evil and malicious acts have no place there except at the bottom of its waters,” he declared.

In addition, the Iranian leader defended new measures being prepared by Tehran to regulate maritime traffic through the Strait of Hormuz, including fees for vessels passing through the strategic waterway. According to Khamenei, the policies would generate economic benefits and greater stability for the region.

Regional tensions remain high following the conflict that erupted on February 28 between the United States and Israel against Iran, leading to strategic blockades in the Strait of Hormuz, a route through which nearly 20% of the world’s oil supply previously passed. The situation has disrupted maritime trade and contributed to rising global oil prices.

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Central America

U.S. and Regional Allies Back Panama Amid Dispute With China

The United States, Bolivia, Costa Rica, Guyana, Paraguay and Trinidad and Tobago issued a joint statement in support of Panama’s sovereignty, arguing that China’s recent actions represent an attempt to politicize maritime trade and undermine the sovereignty of nations in the hemisphere.

“We are closely monitoring China’s selective economic pressure and recent actions affecting vessels flying the Panamanian flag,” the statement released Tuesday said. “Panama is a pillar of our maritime trading system and, as such, must remain free from undue external pressure.”

The statement comes amid growing tensions surrounding the Panama Canal and the operation of key ports linked to global trade.

At the end of January, Panama’s Supreme Court invalidated the legal framework supporting the 1997 concession that granted Panama Ports Company, a subsidiary of CK Hutchison, the right to operate the Balboa and Cristóbal terminals located on the Pacific and Atlantic entrances of the Panama Canal.

The ruling followed mounting pressure from the United States to curb Chinese influence around the strategic waterway, through which roughly 5% of global maritime trade passes.

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CK Hutchison, which managed the ports for nearly three decades, rejected the court’s decision and accused Panamanian authorities of illegally confiscating its assets. The company has launched international arbitration proceedings against Panama, seeking more than $2 billion in damages.

Following the court ruling, reports emerged of increased detentions and inspections of Panamanian-flagged vessels in China, actions widely viewed as retaliatory measures.

On Wednesday, China’s Foreign Ministry dismissed the joint statement as “completely unfounded and misleading,” accusing the United States of politicizing port operations and warning that Beijing would take steps to protect its interests in Panama.

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International

King Charles III Says U.S.-UK Alliance Is “Irreplaceable and Unbreakable”

King Charles III of the United Kingdom reaffirmed the strength of the British-American relationship on Tuesday during a speech before the United States Congress, describing the alliance between the two nations as “irreplaceable and unbreakable.”

The address, delivered at the Capitol, marked the first speech by a British monarch before Congress since Queen Elizabeth II in 1991 and comes at a time of political tensions between Donald Trump’s administration and the Labour government of Prime Minister Keir Starmer.

“As President Trump himself observed during his state visit to Britain last autumn, the bond of kinship and identity between the United States and the United Kingdom is invaluable and eternal. It is irreplaceable and unbreakable,” the king said.

While reflecting on the upcoming 250th anniversary of U.S. independence, which will be commemorated this year, Charles III stated that the partnership between the two countries “was born out of disagreement, but is no less strong because of it.”

The monarch emphasized the democratic values shared by both nations and noted that major global changes have occurred whenever the two allies found common ground.

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“When we have found that way to agree, great changes have taken place not only for the benefit of our peoples, but for all peoples,” he said.

King Charles also quoted British Prime Minister Keir Starmer, who recently described the relationship as “an indispensable alliance.”

Concluding his speech, the monarch described the shared history of the United States and the United Kingdom as “a story of reconciliation, renewal, and an extraordinary partnership.”

He added that Washington and London have forged “one of the most consequential alliances in human history.”

“I pray with all my heart that our alliance continues to defend our shared values, together with our partners in Europe, the Commonwealth, and around the world, and that we ignore calls urging us to become increasingly isolationist,” Charles III stated.

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The king ended by urging both nations to “recommit to one another in selfless service to our peoples and to all peoples of the world.”

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