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Carney, the ex-CenBanker who said 'no' to Trump

Canadian Prime Minister Mark Carney, a former central banker, defied US President Donald Trump during trade negotiations, sparking a trade war that threatens Canada's economy. The prime minister defended this decision, stating "We are masters in our own house" after breaking off talks with the US. Despite potential risks, Carney enjoys widespread support, with 76 percent of Canadians praising his stance against Washington, according to a recent poll.

Genevieve Tellier, a political science professor at the University of Ottawa, attributes Carney's success to his broad public backing and the government's resolve. Carney, 61, previously held leadership roles at Goldman Sachs and the Bank of England, where he navigated economic disruptions such as the 2008 financial crisis and the UK's Brexit withdrawal from the EU.

As Canada seeks new trade alliances and strengthens military spending, Carney aims to establish a sustainable economic future amid changing global dynamics.

Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at economictimes.indiatimes.com →

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Japan's Crown Prince, Crown Princess Return Home from Paraguay

Tokyo, Aug. 26 (Jiji Press)--Japan's Crown Prince Akishino and Crown Princess Kiko arrived at Tokyo's Haneda Airport on Wednesday morning, returning home after their official trip to Paraguay.

  • Crown Prince Akishino and Crown Princess Kiko returned to Tokyo on August 26.
  • It was their first visit to Paraguay in twenty years.
  • They expressed hope for Japanese immigrants' development and strengthened relations.

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