Canada PM Trudeau to announce resignation as early as Monday, Globe and Mail reports

The Prime Minister of Canada, Justin Trudeau, walks through the streets of the capital before attending the APEC CEO Summit, a business event held in parallel with the APEC Summit, on November 15, 2024, in Lima, Peru.

Klebher Vasquez | Anadolu | Getty Images

Canadian Prime Minister Justin Trudeau is expected to announce as early as Monday that he will resign as Liberal Party Leader, The Globe and Mail reported on Sunday, citing three sources.

The sources told the Globe and Mail that they don’t know definitely when Trudeau will announce his plans to leave but said they expect it will happen before a key national caucus meeting on Wednesday.

Ontario Premier Doug Ford on Trump's proposed tariffs on Canada

It remains unclear whether Trudeau will leave immediately or stay on as prime minister until a new leader is selected, the report said.

Trudeau took over as Liberal leader in 2013 when the party was in deep trouble and had been reduced to third place in the House of Commons for the first time.

Source

World

UK’s long-term borrowing costs hit highest level since 1998

January 7, 2025

View looking towards the Royal Exchange and in the City of London where the glass architecture of the tower 22 Bishopsgate disappears into mist on 6th November 2024 in London, United Kingdom. Mike Kemp | In Pictures | Getty Images U.K. borrowing costs ticked higher on Tuesday, after an auction of 30-year Treasury gilts brought […]

Getty Images, Shutterstock gear up for AI challenge with .7 billion merger

World

Getty Images, Shutterstock gear up for AI challenge with $3.7 billion merger

January 7, 2025

Shutterstock chief technology officer James Chou (C) rings the opening bell at the New York Stock Exchange on February 14, 2014 in New York City. D Dipasupil | Getty Images Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock image powerhouse geared for the artificial intelligence era, […]

World

China says 95 dead after 7.1-magnitude earthquake strikes Tibet

January 7, 2025

HONG KONG — A 7.1-magnitude earthquake struck near one of Tibet’s holiest cities Tuesday, killing at least 95 people, Chinese state media reported. The earthquake, which was recorded just after 9 a.m. (8 p.m. ET Monday), was centered at a depth of nearly 6 miles, according to the U.S. Geological Survey. The tremor, which Chinese authorities […]