logo
Correction: Canada minerals story

Correction: Canada minerals story

Economist9 hours ago

On June 11th we published a story on Canadian trade talks titled 'Carney's colossal Canada-US pact'. We withdrew the story shortly after publication because we were not satisfied with the sourcing.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Canada agrees to ratify Britain's accession to major trans-Pacific trade pact
Canada agrees to ratify Britain's accession to major trans-Pacific trade pact

Rhyl Journal

time9 minutes ago

  • Rhyl Journal

Canada agrees to ratify Britain's accession to major trans-Pacific trade pact

Ottawa will seek to introduce legislation to its parliament this autumn to formally approve Britain's entry to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The UK joined the bloc in 2024, but Canada is yet to ratify its accession – meaning Britain still faces pre-CPTPP trade barriers in exporting to the country. Following a bilateral meeting between the Prime Minister and his Canadian counterpart Mark Carney on Sunday, Downing Street said: 'Prime Minister Carney confirmed that Canada would ratify the UK's accession to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), seeking to introduce legislation to their parliament in the autumn. 'This will bring huge benefits to UK businesses by lowering tariffs when buying from and selling to Canada. 'They also agreed to set up a joint taskforce to turbocharge progress on other areas of mutual benefit, including technology and artificial intelligence – in support of shared growth and our national security. 'The taskforce will also look to make progress on the wider UK-Canada Free Trade Agreement.'

European leaders plan to ask Donald Trump to justify his confidence of Israel-Iran ceasefire
European leaders plan to ask Donald Trump to justify his confidence of Israel-Iran ceasefire

The Guardian

timean hour ago

  • The Guardian

European leaders plan to ask Donald Trump to justify his confidence of Israel-Iran ceasefire

European leaders gathering for a G7 summit with Donald Trump in the Canadian Rockies plan to spend the opening day asking Donald Trump to justify his confidence that Israel and Iran will make a deal that will mean 'peace soon'. As the military exchanges worsen and the death toll mounts on both sides, European leaders are intending to pin the US president down on his whole Iran strategy, including getting a definitive response on whether he will use his influence over Israel's prime minister, Benjamin Netanyahu, to call a ceasefire, or instead let the war run its course. Trump's largely unsubstantiated remarks about 'peace soon' suggest the US president surprisingly believes a ceasefire is imminent. This would allow the rescheduling of US talks with Iran on its civil nuclear programme that had been set for Sunday but were cancelled after Israel launched its assault on Thursday night. The Israel-Iran hostilities – and their potential to upend the world economy – have at least initially usurped the G7 summit agenda, which had been set to be dominated by disputes over the war in Ukraine and US tariffs. In a bid to avoid public conflict, Canada, the summit host, has dropped the idea of a joint communique, and wants the seven leaders to focus on critical mineral supply lines, artificial intelligence, China and energy security. A total of 15 world leaders are due to attend the two and a half-day gathering in Kananaskis, just south of the Canadian resort town of Banff. In a close echo of Europe's largely unavailing efforts to make Trump more resolute in demanding a ceasefire from Russia in Ukraine, European leaders want to see if Trump has a plan for de-escalation in Iran. So far they have found Washington's messages to be contradictory, possibly reflecting divisions inside the administration. The French president, Emmanuel Macron, the German chancellor, Friedrich Merz, the Canadian prime minister, Mark Carney, and the UK prime minister, Keir Starmer, are trying to converge on a common line on Iran that goes beyond broad calls for de-escalation and restraint. Only Macron has attended a G7 summit before. On the way to the summit, which formally starts on Monday, Merz called for diplomacy to be given space, but added Iran cannot have nuclear weapons, and urged the country to stop bombing civilian targets in Israel. France, Germany and the UK, previously closely involved in the talks on Iran's nuclear programme, have been left in the cold by Trump, who insisted on seeking a bilateral deal with Iran. With so many pressing issues on the agenda, Europe will be cautious in deciding how much political capital to expend on calls for a ceasefire. Iran's foreign minister, Abbas Araghchi, has said Israel's attacks were intended to sabotage diplomacy and that Iran's counterattacks will cease as soon as Israel's barrage ends. 'If the aggression stops, our reaction will also end,' Araghchi briefed foreign diplomats in Tehran on Sunday. Tehran denied a Cypriot claim that it had been asked to send private messages to the US, or that it had told intermediaries that the talks due to have been held in Oman would have been productive. Trump, as he has in the past, has blown hot and cold, praising Israel's offensive as excellent while denying Iranian allegations that the US has taken part in the attacks – an assurance Iran does not find credible. He warned Tehran not to widen its retaliation to include US facilities or interests. Sign up to Headlines Europe A digest of the morning's main headlines from the Europe edition emailed direct to you every week day after newsletter promotion Speaking after a phone call with the Russian president, Vladimir Putin, he said 'we can easily get a deal done between Iran and Israel, and end this bloody conflict.' He gave no details, but the sticking point in the talks had been whether the US would permit Iran to retain a residual domestic uranium enrichment program. Iran insisted that despite the rapid increase in its highly enriched uranium stockpile, its nuclear programme remains entirely civilian in purpose. Israel claims Iran had a covert programme that represented a threat to its existence, and might even have been on the verge of giving terrorist groups access to nuclear weapons. The 2015 Iran nuclear deal, to which Iran broadly wished to revert, allowed Iran to enrich at low purity levels and be subject to monitoring. Europe's fear is that the conflict is quickly spiralling out of control, and the Israeli government's agenda is not just to expunge any traces of Iran's nuclear sites, but also to attempt to trigger regime change in Tehran, including by assassinating not just its military but political leadership. Israel has formally denied this. Sir Richard Dearlove, the former head of MI6, said: 'I think regime change is on the cards. I think the Israelis will take out the supreme leader if they can, as they took out [Hezbollah leader] Hassan Nasrallah in Beirut.' There will be growing pressure on Iran's current leadership to conclude that only nuclear weapons can protect Iran, making it more likely that the west would support an attempt to engineer the fall of the theocratic regime. With its 'axis of resistance', or forward defence strategy, in disarray due to assaults on Hamas and Hezbollah, and with Israel enjoying near impunity in the skies above Iran, Tehran is left dependent on its missile supply stock holding out and the security of its Fordow nuclear plant buried deep underground in the mountains north-east of Qom.

Football could introduce new transfer rule to let players buy out their contracts in radical move that would slash fees
Football could introduce new transfer rule to let players buy out their contracts in radical move that would slash fees

Scottish Sun

time5 hours ago

  • Scottish Sun

Football could introduce new transfer rule to let players buy out their contracts in radical move that would slash fees

All recommendations within this article are informed by expert editorial opinion. If you click on a link in this story we may earn affiliate revenue. Scroll down to see how some stars' values will be impacted by the proposed change MON£Y BAWL Football could introduce new transfer rule to let players buy out their contracts in radical move that would slash fees Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) MASSIVE transfer fees could soon become a thing of the past — with players' chiefs wanting stars to have freedom to break their contracts for a fixed compensation payment. The international players' union FifPro has accused Fifa of dragging its feet over new transfer rules after the European Court agreed that ex-Arsenal and Chelsea star Lassana Diarra was illegally "handcuffed" by Russian side Lokomotiv Moscow a decade ago. Sign up for Scottish Sun newsletter Sign up 5 A major case involving ex-Chelsea star Lassana Diarra could make massive transfer fees a thing of the past Credit: Getty 5 The ruling from the European Court means inflated transfer fees could be a thing of the past Credit: EPA 5 The likes of Alexander Isak would be able to buy out their contract rather than being marooned while clubs argue over a transfer fee Credit: Alamy Major agents claimed the October ruling was the first step towards a US-style 'free agency' for players, with fees becoming a thing of the past and stars only liable to pay the balance of their contracts when they switch clubs. Top clubs and Fifa are battling to resist such a move, while this summer Prem clubs already splashed out £375million before the full market officially opens tomorrow. But now FifPro has told stars and their lawyers to be ready to test Fifa's failure to react and use European law to push for freedom of movement. FifPro legal chief Alexandra Gomez Bruinewoud said: 'Every worker should have the right to end a contractual relationship. READ MORE IN FOOTBALL PLAYING AWAY? Kieran Trippier parties with mystery blondes as star's wife consults lawyers 'Knowing how much you will have to pay as compensation is part of that right. 'Also, the fact you leave your job should not prevent you from being hired in another job, which is what was happening in football.' Even the giants of the game may be forced into a major rethink by the repercussions of a row sparked in Moscow a decade ago. Former Chelsea, Arsenal and Portsmouth midfielder Diarra may not have really impacted the Prem in his four seasons, which brought just 44 top-flight games. BEST ONLINE CASINOS - TOP SITES IN THE UK Yet Diarra's win at the European Court of Justice looks increasingly likely to significantly change the way the transfer market works. If FifPro is right, the result will be for all players to have the right to break their contracts. Transfer fees could be SCRAPPED forever after Lassana Diarra wins landmark court case against Fifa It would see players worth £100m on the open market suddenly available for a fraction of that sum. Of course, any new regulations will not be introduced this summer. Fifa rushed through a series of temporary transfer regulations, with dire warnings of the 'collapse' of the transfer market unleashing 'chaos'. But FifPro remains unconvinced the latest moves from Zurich meet the demands of EU law. One insider explained: 'This could be the last few years of the inflated transfer fees we have all seen. 'The European Court has said that football must operate within EU law. 5 'Football is the outlier. There's no other industry — other than maybe thoroughbred horses — where you see employees change hands for millions of pounds and it is time for the game to be brought in step.' Gomez Bruinewoud added: 'The judges in the Diarra case explained why the system was against EU law. 'I'm not afraid to say the same Fifa rules are probably also against most national labour laws.' Top players will benefit from higher wages and longer deals, though with budgets finite, that would mean less cash and shorter deals for players further down the pecking order — and limited job security in the lower tiers. Prem club bosses also fear the consequences, arguing the effective abolition of fees would blow up the entire footballing pyramid as money would no longer 'trickle down'. It is likely that, as with the Jean-Marc Bosman courtroom saga that turned European football on its head 30 years ago, it will need another player to be the test case to break the current system. But it seems that challenge is a matter of time from being made. And with the players' union backing, the most fundamental change the game has ever seen. 5 TRANSFER NEWS LIVE - KEEP UP WITH ALL THE LATEST FROM A BUSY SUMMER WINDOW WATCH EVERY MATCH OF THE CLUB WORLD CUP 2025 LIVE ON DAZN

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store