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After Liberal resurgence, a shot at greater global role

Hindustan Times Bengaluru

|

April 30, 2025

Canadian Prime Minister Mark Carney completed a comeback victory for the governing Liberals in Monday's elections, positioning himself for a global role as a champion of multilateralism against US President Donald Trump's more protectionist policies.

- Reuters

OTTAWA:

"Canada is ready to take a leadership role in building a coalition of like-minded countries who share our values," Carney said on April 3 in Ottawa. "We believe in international cooperation. We believe in the free and open exchange of goods, services and ideas. And if the United States no longer wants to lead, Canada will."

Australia holds an election on May 3, and the major parties have closely watched the polling surge towards Carney, Australian political strategists said. As in Canada, voter concern over the global fallout from Trump's policies has tilted support towards the centre-left Labour Party. Former Canadian diplomat Colin Robertson, who knew Carney when he worked at the Finance Ministry, said Carney is Canada's best-equipped prime minister since the 1960s, given his experience leading the Bank of England and Bank of Canada.

"He goes in extremely well-prepared, with a superb Rolodex, and people will take his call and look to him because their challenges are economic right now," he said. Carney will likely start by expanding Canadian trade with Europe, Australia and Asian democracies such as Japan, Robertson said, blunting some of the economic damage from newly imposed US tariffs on cars, steel and aluminium.

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Operation Sindoor has filled every Indian with pride, Prime Minister Narendra Modi said on Sunday as he credited the achievement for making this year's festive season more vibrant.

time to read

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India, EU step up efforts to seal trade deal by Dec

Hectic parleys at the political level are on to conclude trade negotiations between India and the EU by December, with commerce minister Piyush Goyal’s two-day Brussels visit on Monday coinciding with a three-day India visit of a seven-member European Parliament's Committee on International Trade (INTA) the same day.

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Tight liquidity may spur RBI move

The RBI could step in soon likely via open market operation bond purchases or forex swaps

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US hikes Canada tariffs by 10% over ‘fraud’ Reagan ad

US President Donald Trump said he was hiking tariffs on Canadian goods by an additional 10% in the latest fallout over a Canadian anti-tariff ad that featured late US leader Ronald Reagan.

time to read

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Now, being called Bihari a matter of pride: Nitish

Being called a Bihari is a matter of pride now, not an insult, for the people of state, Bihar CM Nitish Kumar said on Sunday, asserting that law and order has remarkably improved in the poll-bound state after the government led by him came to power in November 2005. He also took a veiled swipe at the Rashtriya Janata Dal (RJD), saying that before 2005, there was complete anarchy in Bihar.

time to read

2 mins

October 27, 2025

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