Carney and barker
Canada, the US, Ukraine, Russia, Romania, Iran, and Syria.
The five things you need to know today:
CANADA. UNITED STATES. In the archetypal globalist, Trump meets his match.
UKRAINE. RUSSIA. Forcing a reluctant peace may require bigger trade-offs.
ROMANIA. The far right sends a bat signal to Washington and Moscow.
IRAN. Tehran might be willing to engage, but only if it ends up stronger.
SYRIA. A regional insurgency will only become a risk if others join.
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CANADA. UNITED STATES. Lame duck no more
In the archetypal globalist, Trump meets his match.
Former central banker Mark Carney won 86% of votes in the Liberal Party's contest to replace Justin Trudeau Sunday. Donald Trump had told Trudeau he wanted to revise the border and Great Lakes water rights, the New York Times said.
INTELLIGENCE. Trump’s harrying of Trudeau, threatening not just tariffs but intelligence-sharing and borders, led to the prime minister’s departure but has ironically revived Liberal fortunes, with Carney increasingly in scope to win the next unwinnable election. And while Carney represents almost everything Trump hates about the elite, he’ll be a formidable opponent insofar as this gives Trump’s domestic and foreign opponents someone to rally around.
FOR BUSINESS. Trudeau’s social and economic overreach, and seemingly unserious persona, damaged his third term. Carney has both technocratic credentials and personal gravitas. Trump may decide now is the time for a re-set, for if he doesn’t, he’ll take more heat for the resultant economic fall-out on both sides than Carney. It’s a similar story in Mexico, where so far Trump’s moves have only strengthened Claudia Sheinbaum, who now enjoys 85% approval.
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UKRAINE. RUSSIA. Nailing Jeddah to a wall
Forcing a reluctant peace may require bigger trade-offs.
US officials travelled to Jeddah Sunday for talks with Volodymyr Zelensky on Tuesday and potentially a Russian delegation Wednesday. Donald Trump said he expected results and was "just about" ready to end an intelligence pause.
INTELLIGENCE. Trump continues to use flattery with Moscow and threats with Kyiv to push them to a negotiation
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