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President-elect

Donald Trump

has said the US will use “economic force” against its close ally

Canada

, doubling down on threats to impose protectionist tariffs on one of the US’s biggest trading partners.

The remarks are likely to further fuel political turmoil in Canada after the resignation …

Anti-money laundering officials in Bangladesh have demanded bank account details for Tulip Siddiq, the UK anti-corruption minister, in the latest escalation of the inquiries into her family’s financial interests.

The Bangladesh Financial Intelligence Unit (BFIU), which investigates money laundering and suspicious transactions, wrote to the country’s main banks on Tuesday …

A coalition of environmental groups has

sued

the US Food and Drug Administration (FDA) over the use of highly toxic phthalates in plastic food packaging because the chemicals have been found to leach at alarming rates and present a serious health risk, especially for developing children.

The …

The leader of Austria’s anti-immigration, pro-Kremlin Freedom party has said he intends to invite the mainstream centre-right party for coalition talks, potentially paving the way for the far right to rule the country for the first time since the second world war.

Herbert Kickl, whose party won the

Justin Trudeau’s

announcement that he will step down

in the coming months means Canada’s Liberal party needs a new leader. With the government likely to fall when parliament returns in March, the party will be keen to put someone in place as soon as possible.

The party’s …

The price of household staples including food and drink could climb by as much as 20% in 2025 if challenges with sourcing and transporting goods continue, an industry body has warned.

The cost of electronics, machinery, chemicals and petroleum products could also rise, said the Chartered Institute of Procurement and …

The UK government’s long-term borrowing costs have reached the highest level since 1998 amid investor concerns over Britain’s sluggish growth prospects and stubbornly high inflation.

The yield – in effect the interest rate – on UK 30-year government debt rose by as much as four basis points to 5.22% on …

Mark Carney, who has said he is

considering a run to replace Justin Trudeau as the Canadian premier

, spent seven years in the UK as the Bank of England governor.

Carney was headhunted in 2013 by the then chancellor, George Osborne, after serving as the governor of …

The former Bank of England governor Mark Carney, a climate-focused economist who became the first non-Briton to run the Bank, is considering entering the race to replace Justin Trudeau as Canada’s prime minister.

Trudeau

announced on Monday

he would step down after nearly 10 years in power …

Hello, and welcome to TechScape. Happy New Year! May dry January leave us all with fewer headaches. Today in TechScape: Meta promotes a Trumpian bulldog, TikTok faces mounting problems that aren’t a ban, Meta faces backlash against its approach to AI and Elon Musk meddles abroad.

Nick Clegg leaves Meta …

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