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Mojtaba Khamenei’s Rise Sparks Market Turmoil as Hardliners Mobilize

People attend a gathering to support Iran's new supreme leader Mojtaba Khamenei, amid the U.S.-Israeli conflict with Iran, in Tehran, Iran, March 9, 2026.  Iran’s hardline factions mounted a powerful show of support for newly appointed Supreme Leader Mojtaba Khamenei , rallying across Tehran in a display that signaled a tightening of conservative control and diminished hopes for de-escalation in the Middle East.  The demonstrations, marked by mass gatherings and imagery linking Mojtaba to his late father, Ayatollah Ali Khamenei, underscored the regime’s consolidation at a moment of heightened regional conflict.  Analysts warn that the hardliners’ unified backing suggests Iran is unlikely to soften its stance amid ongoing tensions with the U.S. and Israel. Global markets reacted sharply. Fears that prolonged instability could further disrupt energy supplies sent oil prices soaring and triggered steep declines in major stock indices. With one of the most significan...
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Canada and EU Forge Strategic Alliance Amid Global Arms Race


In a rapidly shifting geopolitical landscape, Canada and the European Union (EU) are strengthening their defense ties to address growing security concerns. This collaboration aims to bolster each other's military capabilities and reduce reliance on traditional allies, particularly the United States.

The partnership comes as Europe accelerates its rearmament efforts in response to heightened threats from Russia. Canada, with its robust defense manufacturing sector, is poised to play a pivotal role in this alliance. Canadian firms are expected to contribute to the production of European fighter jets, military equipment, and advanced technologies, marking a significant shift in Canada's defense strategy.

For Canada, this partnership offers an opportunity to diversify its defense exports and integrate into European supply chains. The EU, on the other hand, benefits from Canada's expertise in areas such as aerospace, naval defense, and cybersecurity. This collaboration underscores a mutual commitment to enhancing transatlantic security and addressing shared challenges.

As the global arms race intensifies, this alliance signals a strategic recalibration of military partnerships, reflecting the evolving dynamics of international relations.



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