Election Financial News

Mark Carney, who navigated crises when he was the head of the Bank of Canada from 2008, and then in 2013 when he became the first noncitizen to run the Bank of England — helping to manage the worst impacts of Brexit in the U.K. — will now try to steer Canada through the trade war brought by Trump. Mark Carney's path to the top job in Canadian politics has been unusual but, as he said when he launched his campaign to succeed Prime Minister Justin Trudeau, so are the circumstances. Former central banker Mark Carney was sworn in as Canada’s new prime minister on Friday, and will now try to steer his country through a trade war brought by U.S. President Donald Trump, a threat of annexation and an expected federal election. Carney, 59, replaces Prime Minister Justin Trudeau, who announced his resignation in January but remained in power until the Liberal Party elected a new leader. Carney is widely expected to trigger a general election in the coming days or weeks. Carney has called the threats posed by US President Donald Trump «the most serious crisis of our lifetime.»

The ruling Liberal Party overwhelmingly backed Carney to replace Justin Trudeau, betting his experience leading two central banks through historic crises will re-assure Canadians facing a potentially devastating trade war. Carney, who turns 60 on Sunday, is a political novice who has never won an elected public office but his campaign skills will be tested soon with Canada likely headed for a general election in weeks. The threats posed by Trump are expected to dominate the vote. The US president has sought to bludgeon Canada, imposing sweeping import tariffs and threatening further levies while claiming the country is not «viable» on its own and should be annexed by Washington.

Treasury chief Rachel Reeves before a key statement about the state of the public finances later this month. Official figures Friday showed that the economy, the world's sixth-largest, saw output drop by 0.1% during the month, in contrast to expectations for a modest increase and December's solid 0.4% gain. The Office of National Statistics said the weak performance was largely due to bad weather affecting the manufacturing and construction sectors, despite a solid performance by the services sector, which accounts for around 80% of the British economy. Though monthly figures are notoriously volatile and prone to future revision, the decline puts in sharp relief the struggles the Labour government, elected last July after 14 years in opposition, is having in generating growth. Prime Minister Keir Starmer has said raising the U.K.'s economic growth is his government's number one priority over the next five years. Since the global financial crisis in 2008-9, the British economy's growth performance has been historically lackluster.

Uttar Pradesh Police Recruitment and Promotion Board (UPPRPB) has announced the selection of 60,244 candidates for police constable posts under Direct Recruitment-2023. The results were published on the UPPRPB's website on Thursday. The recruitment exam, initially held on February 17 and 18 last year, was cancelled due to allegations of a paper leak. The incident had also become a political issue during the general elections, prompting the state government to introduce strict security measures at the exam centres when it was held again in August. The recruitment drive had attracted a massive response, with 48,17,441 candidates applying for 60,244 positions.

MAGA movement on his podcast, This Is Gavin Newsom, bridging unlikely political divides. Their hour-long discussion avoided culture wars, focusing instead on economic populism, revealing unexpected alignments like shared skepticism of tax breaks for corporations and Elon Musk’s influence. Bannon pitched his vision of curbing corporate power, praising progressive Democrats like Rep.

Nirmala Sitharaman on Thursday attacked the DMK-led government's move to change the logo of Rupee for the budget. The logo for the budget, released by the government on Thursday carried 'Ru', the first letter of the Tamil word 'Rubaai' which denotes the Indian currency in the vernacular language. «All elected representatives and authorities are sworn under the Constitution to uphold the sovereignty and integrity of our nation. Removing a national symbol like '₹' from the State Budget documents goes against that very oath, weakening the commitment to national unity. This is more than mere symbolism—it signals a dangerous mindset that weakens Indian unity and promotes secessionist sentiments under the pretence of regional pride. A completely avoidable example of language and regional chauvinism,» said Sitharaman in a post on X. The ruling DMK in Tamil Nadu on Thursday stoutly defended its party-led government replacing the Indian rupee symbol with a Tamil letter in its logo for the budget 2025-26, saying there was nothing wrong in using the native language. No rule barred the dispensation from such a move, the party argued. The opposition AIADMK and BJP flayed the MK Stalin-led government over the matter, calling it a ploy to divert public attention from other issues. State Finance Minister Thangam Thennarasu is scheduled to table the budget for 2025-26 on Friday in the TN Assembly.

Muhammad Yunus on Thursday extended the magistracy power of the military forces for 60 more days for the third time amid a nationwide law and order situation. «Commissioned officers holding the rank of captain and above in the Bangladesh Armed Forces have been granted special executive magistrate powers across the country,» a Public Administration Ministry statement said here. According to the statement, navy and air force officers too would hold the authority of executive magistracy while performing duties in aid of civil administration, including the military and navy officers serving on deputation in paramilitary Bangladesh Coast Guard and Border Guard Bangladesh (BGB). The renewal of the government order came as a nationwide operation called Operation Devil Hunt is underway as the country vandalism afresh since February 5. Protestors that day first demolished the 32 Dhanmondi residence of Bangladesh's founding father Sheikh Mujibur Rahman using excavators coinciding with a scheduled virtual speech by his daughter and deposed prime minister Sheikh Hasina from India, where she fled last year after the students' massive protest that ousted her Awami League government. The protesters subsequently attacked or set on fire the houses and business establishments of Awami League leaders and activists throughout the country. They were confronted while attacking a fugitive former minister's village home in suburban Gazipur on the outskirts of the capital.

Siddaramaiah has thrown his weight behind his Tamil Nadu counterpart MK Stalin’s initiative to bring all likeminded political parties together on the issue of delimitation of constituencies. On his behalf, Dy CM DK Shivakumar will attend the joint action committee meeting Stalin has called in Chennai on March 22. Siddaramaiah, in a letter to the TN CM on Thursday, said his March 7 letter “raises very important issues of autonomy of States which have serious implications on the principles governing our polity. Particularly the issues of delimitation of the Parliamentary and Assembly Constituencies based on new population benchmarks. These issues have to be discussed at length by the like minded states.” He added he wished to participate in the meeting but was not able to do so in view of his prior commitments and Shivakumar will represent Karnataka. “We remain committed to protecting federal principles and the rights of states,” the CM said in a post on X. «First JAC meeting in Chennai on March 22, 2025. Let us stand together not as separate political entities but as protectors of our people's future,» Stalin wrote in an earlier post on X. Congress and DMK are part of the INDI alliance, the political grouping that fought the BJP and its alliance in the Lok Sabha elections, last year.

According to a letter sent to clients, Jupiter has elected to close the Luxembourg domiciled fund, launched in February 2020, after its assets under management had fallen to around €16m. As a result, the company concluded that it did not expect the mandate to «attract significant future inflows in the short to medium term» and liquidating the fund was therefore «in the best interest of shareholders». Jupiter outflows surge to £10.3bn amid value desk redemptions This closure follows the pattern and rationale of Jupiter's recent fund axings, as it continues to move through its long t...

Trump presidency. But did any CEOs expect fierce trade wars with America’s closest allies? And did any investors expect the current nosedive in the markets? America’s businessman president is turning out to be a capital-basher like no other. The S&P Index has just recorded its worst performance compared with the rest of the world this century. The dollar is weakening, inflationary pressure is rising and credible voices are predicting a recession.

Reports that Elon Musk intended to give $100 million to MAGA super PACs surfaced just hours after Donald Trump declared he would purchase a Tesla, stoking conjecture about their connection, as per a report by The Independent.

Demokraatit Party obtained the highest number of voter support. The outcome emerged during a period when the territory has experienced increased global attention from the US. As per reports, voters prioritized social matters such as healthcare and education before the question of independence from Denmark.

Sarah McBride, D-Del, the first openly transgender person elected to Congress was misgendered by Republican colleagues during a House Foreign Affairs Subcommittee hearing on Tuesday. The incident later escalated into a heated exchange and drew further attention to the challenges McBride faces in Congress.

Denmark. According to the poll results of the Greenland elections, released on Wednesday, the Demokraatit Party emerged victorious on 10 out of the 31 seats in the Inatsisartut parliament, gaining more than a three-fold increase in its legislative strength.

WFI swung to action, announcing that the selection trials for the upcoming Asian Championship will be held at Delhi's Indira Gandhi Sports Complex on March 15. It will be first proper trial under the supervision of the new WFI administration as it was suspended three days after it conducted election on December 21, 2023 to pick new office bearers.

Subscribe to enjoy similar stories. Whether John Maynard Keynes said, “When the facts change, I change my mind" is often disputed, but the witticism has never seemed more apt. German chancellor-to-be Friedrich Merz, long a fiscal hawk as the leader of Germany’s centre-right Christian Democratic Union (CDU), recently made an about-turn on the virtues of higher deficit spending after being briefed on the country’s dwindling growth prospects and witnessing geopolitical gyrations in the US, which seems keen to patch up with Russia, potentially leaving its European allies in the lurch.

SYDNEY: When Australian Dick Friend bought a Tesla in 2015, he was so impressed with its environmental credentials and performance that he and his wife bought two more of the electric vehicles, plus shares in the Elon Musk-led company. Now, however, he is selling his Tesla stock and will not replace one of his cars, wrecked in an accident last year, citing his objections to Musk's right-wing tilt and his growing role in the administration of Donald Trump. «The cars are brilliant, but we don't like the direction of the owner and we're voting with our feet,» said Friend, who splits time between homes in Hobart and Melbourne. Tesla sales in the four months since Trump's election were down 35% compared with the same time last year, according to data from Australia's Electric Vehicle Council, with a spate of vandalism in Australia and New Zealand over the last week also adding to evidence of contagion from Musk's role in the Trump administration.

municipal elections began on Wednesday at 8 am and the results will be announced on the same day. Voting for the election took place on March 2 for mayor/president and ward members across municipal corporations, councils, and municipalities.

Tim Walz, known for his straightforward style and background as a teacher and National Guard veteran, has openly reflected on the Democratic Party’s recent election strategy. As the former running mate to Kamala Harris in their 2024 bid against Donald Trump and JD Vance, Walz argued that Democrats erred by avoiding bold risks. He suggested the campaign should have engaged more directly with voters through town halls, even if it meant facing tough criticism, rather than sticking to cautious messaging.

White House meeting, Musk—who leads the Department of Government Efficiency (DOGE)—reportedly sparred with Secretary of State Marco Rubio and Transportation Secretary Sean Duffy over aggressive federal workforce cuts. Trump downplayed the disagreements, calling both Musk and his Cabinet “special people” and suggesting occasional arguments were normal in a high-stakes administration.

Biju Janata Dal (BJD) and Trinamool Congress — met the Election Commission of India separately on Tuesday over the allegations of irregularities in voter numbers, demanding action by the poll body. The BJP also visited the poll panel in West Bengal over the alleged fake voters in the state, claiming that Bangladeshi infiltrators and Rohingyas have been included in voters' list. The BJP also alleged the state government of West Bengal has played a role in settling a significant number of Bangladeshi infiltrators and adding them to the voter list. This has weakened our electoral process and these voter lists should be scanned, the BJP demanded. The delegation of Trinamool Congress, led by its Rajya Sabha floor leader Derek O'Brian, met the poll panel over the issue of duplicate Electoral Photo Identity Cards (EPIC). The party, in its memorandum, said that the issue of duplicate EPIC numbers was kept buried, allegedly for several years, until it was flagged by the party supremo and West Bengal chief minister Mamata Banerjee.