Mark Carney Steps Up: Central Banker Becomes Canada's Prime Minister

Mark Carney, a former central banker, becomes Canada's prime minister after winning the Liberal Party leadership. His term begins amidst tensions, including a trade conflict with the U.S. European arms imports rise significantly, and Russian forces gain ground in Kursk. Meetings attempt to resolve the Ukrainian conflict.

Mark Carney, the former central banker, has been elected as Canada's new prime minister. The official results declared on Sunday revealed his victory in the race to lead Canada's Liberal Party, succeeding Justin Trudeau.

This leadership change comes at a time of considerable tension, particularly due to ongoing trade conflicts with the United States under President Donald Trump's administration. The nation is also gearing up for a general election.

Meanwhile, the European arms imports have seen a significant rise, fueled by Ukraine's demand following Russia's invasion. Similarly, Russian troops have claimed three new settlements in the Kursk region as Ukrainian peace talks continue to unfold.

(With inputs from agencies.)