Amid a generational crisis in Canada’s relationship with the United States, the Liberal Party of Canada on Sunday chose an unelected technocrat with deep experience in financial markets to replace Justin Trudeau as party leader and the country’s prime minister, and to take on President Trump. Mark Carney, 59, who steered the Bank of Canada…
It was the summer of 2007. Deep inside Canada’s finance ministry, high-ranking officials were staring down the barrel of a global financial meltdown. They weren’t sure exactly when, or how, the market would crash, but as Mark Carney tells it, “We knew that the thing was going to fall apart.” It was a turning point…
Syria’s leader called for unity Syria’s interim president, Ahmed al-Shara, appealed yesterday for calm and unity after violence erupted last week between fighters affiliated with his government and those loyal to the ousted dictator Bashar al-Assad. More than 1,000 people have been killed, including about 700 civilians, mostly by government forces, according to the Syrian…
As President Trump puts new tariffs on goods from China and threatens a trade war with allies like Mexico and Canada, one global company is likely to suffer less than most of its competitors: Tesla. But the electric car maker led by Elon Musk, which accounts for a third of the billionaire’s wealth, is also…
Itay Svirsky, 40, was a therapist who loved philosophy. Eden Yerushalmi, 24, was training to become a Pilates instructor. Alex Lobanov, 32, a father of three, never met his youngest child. They are among the 41 hostages killed since being taken captive by Hamas and its allies during their Oct. 7 attack on Israel, according…
In 301 A.D., the Emperor Diocletian made a bold but ultimately unsuccessful bid to address the inflation that was rampaging across the eastern half of the divided Roman Empire. Prices of everything from purple thread and feathers to slaves and cattle were dictated by his Edict on Maximum Prices. Violators faced the death penalty. Diocletian…
In England, the Tuesday before lent is traditionally celebrated by eating a stack of pancakes. But in Atherstone, a small town about 100 miles northwest of London, the locals gathered for a more bloody ritual: At 3 p.m. on the town’s main street, a ball was thrown out of the second-story window of a mortgage…
As it moves to transform U.S. relations with Russia, the Trump administration is talking with Moscow about readmitting potentially scores of Russian diplomats into the United States after years of expulsions. But the good-will gesture, which would be reciprocated by Moscow, could be a kind of Trojan horse, experts and diplomats warn, as the Kremlin…
Syria’s interim president, Ahmed al-Shara, appealed on Sunday for calm and for unity as he moved to reassure the nation after days of clashes that a monitoring group said had killed hundreds of people. “We must preserve national unity and civil peace,” he said from a mosque in Damascus, according to video that circulated online….
The airport in Hamburg, Germany’s second largest city, said it had canceled all flights on Sunday because of a one-day strike over pay by ground staff called by a labor union that started its action earlier than expected without little warning. The airport had been expected to carry more than 40,000 passengers on Sunday, with…
