Canada Election Summary and the Downside of Trump’s Tariff Vacillations

Andrew Sheves Good morning.

🇨🇦 Canadians vote on Monday (although a record number have already voted early) and the BBC has a neat summary of how the two parties compare on key issues. Unsurprisingly, both reject President Trump’s idea that Canada become America’s 51st state.

🤷 Bloomberg notes that the significant impact of Trump’s on-again, off-again tariff vacillations is global uncertainty for both governments and businesses. [More - Bloomberg]

Remember, I mentioned the AI forecasting tournament?

It turns out that the bots are doing quite well. Read to the bottom for more.

Africa Stability Ratings and News Summary

More Unstable

🇩🇿 Algeria, 🇧🇯 Benin, 🇧🇫 Burkina Faso, 🇧🇮 Burundi, 🇨🇲 Cameroon, 🇨🇫 Central African Republic, 🇹🇩 Chad, 🇰🇲 Comoros, 🇨🇩 Democratic Republic Of The Congo, 🇩🇯 Djibouti, 🇬🇶 Equatorial Guinea, 🇪🇷 Eritrea, 🇸🇿 Eswatini, 🇪🇹 Ethiopia, 🇬🇦 Gabon, 🇬🇭 Ghana, 🇬🇳 Guinea, 🇬🇼 Guinea-Bissau, 🇨🇮 Ivory Coast, 🇰🇪 Kenya, 🇱🇸 Lesotho, 🇱🇷 Liberia, 🇲🇬 Madagascar, 🇲🇼 Malawi, 🇲🇱 Mali, 🇲🇷 Mauritania, 🇲🇺 Mauritius, 🇲🇦 Morocco, 🇲🇿 Mozambique, 🇳🇪 Niger, 🇳🇬 Nigeria, 🇨🇬 Republic of the Congo, 🇸🇱 Sierra Leone, 🇿🇦 South Africa, 🇸🇸 South Sudan, 🇸🇩 Sudan, 🇹🇿 Tanzania, 🇹🇬 Togo, 🇺🇬 Uganda, 🇪🇭 Western Sahara, 🇿🇼 Zimbabwe

More Stable

No countries were more stable over this period

Unchanged

🇦🇴 Angola, 🇧🇼 Botswana, 🇨🇻 Cape Verde, 🇳🇦 Namibia, 🇷🇼 Rwanda, 🇸🇳 Senegal, 🇸🇴 Somalia, 🇸🇹 São Tomé and Príncipe, 🇬🇲 The Gambia, 🇿🇲 Zambia

Regional News Summary

Political tensions are escalating in the Democratic Republic of Congo (DRC) as the government has banned the People’s Party for Reconstruction and Democracy (PPRD), led by former President Joseph Kabila, due to alleged connections with the M23 rebel group. This significant move is likely to hinder Kabila’s political ambitions and reshape the DRC’s political landscape [SOURCE - BBC].

In a related context, Bangladesh has called on the United Nations to increase troop deployments for peacekeeping missions, including in the DRC. This request underscores the international community’s commitment to fostering stability in the region [SOURCE - The Daily Star].

Meanwhile, Algeria is making strides in its pharmaceutical sector as Bangladesh’s One Pharma plans to export drugs to the country, enhancing trade relations. Additionally, Algeria has been identified as having the fourth-largest gold reserves globally, despite lacking operational gold mines, presenting a unique economic scenario [SOURCE - The Daily Star] [[SOURCE - DNA

Carpe tomorrow!