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Hopes Rise for Iran War Deal, but Nuclear Standoff Keeps Global Markets on Edge

  Hopes for Deal to End Iran War Grow, but Nuclear Issues Keep Markets Volatile Growing optimism around a possible agreement to end the Iran war has provided some relief to global markets, but the underlying nuclear disputes remain unresolved — and that uncertainty continues to shape economic sentiment worldwide. Recent signals of progress in ceasefire discussions have already triggered sharp market reactions. Reports of “constructive conversations” between the U.S. and Iran pushed oil prices down and lifted global equities, underscoring how sensitive markets remain to any sign of de‑escalation. The conflict has kept the Strait of Hormuz — a chokepoint for roughly 20% of global oil supply — partially closed, creating what analysts describe as one of the largest energy supply disruptions in modern history.  Even temporary ceasefire announcements have produced dramatic swings. A recent two‑week truce sent global stocks surging and crude prices plunging more than 16%, reflecting ...
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Freeland and Carney Poised to Enter Liberal Leadership Race

In a significant political development, former finance minister Chrystia Freeland and ex-central banker Mark Carney are expected to enter the race for the Liberal Party leadership. This follows Prime Minister Justin Trudeau's announcement that he will step down once a successor is chosen.

Freeland, who has been a prominent figure in Trudeau's cabinet, is currently leading in public opinion polls. Carney, known for his tenure as the Governor of the Bank of Canada, is also a strong contender. The leadership vote is set for March 9, ahead of the 2025 national elections.

The Liberal Party faces significant challenges, including economic issues and declining support. The new leader will need to address these concerns and devise a strategy to counter the opposition Conservatives.


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