News

Trudeau resigns amid declining popularity and political strife

Trudeau resigns amid plummeting popularity, internal battles, and political paralysis in Canada; Freeland may succeed him.

Published

1 year ago

January 7, 2025

ticker NEWS

Trudeau resigns amid plummeting popularity, internal battles, and political paralysis in Canada; Freeland may succeed him.

Canadian Prime Minister Justin Trudeau has announced his resignation following a significant drop in popularity within his party and among the public.

The announcement came during a press conference where Trudeau addressed the challenges his government has faced. His decision was influenced by the recent resignation of Deputy Prime Minister Chrystia Freeland.

Trudeau has served as leader of the Liberal Party for just over nine years. During the press conference in Ottawa, he highlighted the internal battles within his party that have hindered progress.

He said that Canada deserves a real choice in the upcoming election and acknowledged that he could not provide the best option while fighting internal conflicts. Trudeau stated that he views himself as a “fighter” but recognised that parliament has been “paralysed” for months.

He has requested the suspension of parliament until March, pointing to the need for a political reset.

With Trudeau’s resignation, the Liberal Party will need to elect a new leader, who will subsequently become Canada’s next Prime Minister. The general election is required by late 2025, and Trudeau will remain in office until a successor is chosen.

Freeland is considered a potential frontrunner, alongside former Bank of Canada governor Mark Carney. Trudeau’s government has faced significant challenges, including trailing behind the Conservative Party in public opinion polls. Recent events, including the withdrawal of support from the New Democratic Party, have added to the pressure for his resignation.

News

Global stocks wobble as Davos kicks off and Trump reshapes geopolitics

Global markets faced volatility amid Davos discussions on inflation and Trump’s Greenland deal, heightening geopolitical risks.

Published

23 hours ago

January 23, 2026

Harvey Vargas

Global markets faced volatility amid Davos discussions on inflation and Trump’s Greenland deal, heightening geopolitical risks.

Global stock markets endured a volatile week as world leaders gathered in Switzerland for the World Economic Forum, with investors closely watching signals on inflation, interest rates and geopolitical risk.

The Davos meetings set a cautious tone, as uncertainty weighed on market sentiment across regions.

Adding to the tension, Donald Trump announced a deal involving Greenland, reigniting debate over strategic assets and global influence. The unexpected move injected fresh geopolitical risk into markets already grappling with an unsettled global outlook.

Kyle Rodda from Capital.com, breaks down how markets are reacting, what the Greenland announcement could mean for investors, and what to watch next as Davos concludes.

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News

Zelenskyy reveals planned UAE talks with Russia and the United States

Zelenskyy announces trilateral talks with Russia and the US in UAE, urging stronger European political will at the World Economic Forum.

Published

1 day ago

January 23, 2026

Ahron Young

Zelenskyy announces trilateral talks with Russia and the US in UAE, urging stronger European political will at the World Economic Forum.

Volodymyr Zelenskyy says trilateral talks with Russia and the United States are planned in the United Arab Emirates as efforts to end the war intensify.

He also criticised European leaders at the World Economic Forum, calling for stronger political will.