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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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Air Canada Expands Global Routes as Canadians Look Beyond the U.S.

People walk near the Air Canada check-in area inside Terminal 1 of Toronto Pearson International Airport, in Mississauga, Ont., on Wednesday, Aug. 13, 2025. 

Air Canada is increasing flights across Canada and to international destinations as travellers show less interest in visiting the United States. The airline has strengthened its domestic network while boosting capacity in Europe, the Caribbean, and Latin America.

The shift reflects changing travel patterns, with Canadians showing renewed enthusiasm for overseas trips and sun destinations. Domestic travel is also seeing a surge, helping the airline balance reduced demand for cross-border routes.

By expanding its reach beyond the U.S., Air Canada is positioning itself to capture demand in regions where travellers feel more confident. The strategy highlights resilience and adaptability in a competitive aviation market, while offering passengers more options both at home and abroad.


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