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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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Divided Reactions in Acadie-Annapolis as MP Chris d’Entremont Joins Liberals

Prime Minister Mark Carney walks with MP Chris d'Entremont to a meeting of the Liberal caucus on Parliament Hill in Ottawa, on Wednesday, Nov. 5, 2025. 

Nova Scotia’s political scene was shaken this week when Chris d’Entremont, MP for Acadie-Annapolis, announced he was leaving the Conservative caucus to join the governing Liberals. The decision, made shortly after the federal budget was tabled, has left his riding split.

For some, the move is seen as a strategic choice that could bring more influence and federal investment to the region. Supporters argue that being part of the governing party gives d’Entremont a stronger hand in securing funding for local projects and infrastructure.

Others, however, feel deeply disappointed, saying the switch betrays the trust of voters who elected him as a Conservative. Critics insist that he should have sought a new mandate before crossing the floor, rather than changing allegiances mid-term.

In his announcement, d’Entremont emphasized that his decision was guided by the needs of his constituents, pointing to priorities such as economic development and community infrastructure.

Nationally, the move narrows the gap between the Liberals and a majority government, raising questions about whether other MPs might follow suit.

Locally, though, the debate is far from settled. Some residents welcome the potential benefits of stronger ties to Ottawa, while others remain skeptical, worried that political loyalty has been sacrificed for short-term gain.


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