Haiti’s embattled prime minister resigns amid chaos

​Haiti's Prime Minister Ariel Henry speaks while addressing the nation, at an unidentified location on a date given as March 11, 2024, in this screengrab obtained from a handout video.
Haiti's Prime Minister Ariel Henry speaks while addressing the nation, at an unidentified location on a date given as March 11, 2024, in this screengrab obtained from a handout video.
Prime Minister of the Republic of Haiti via X/Handout via REUTERS

Haitian Prime Minister Ariel Henry announced his resignation overnight amid mounting international pressure for him to step down. The move follows weeks of civil unrest and violence by rival gangs in the Caribbean country.

Henry said he would turn over power to a transitional council made up of political leaders, the private sector, civil society, and a religious representative. The handover marks the end of Henry’s unelected term as Haiti’s acting president, a post he has held since President Jovenel Moïse was assassinated in 2021.

The precise membership of the transitional council has not been named, but the gangs that now control some 80% of Port-au-Prince, the capital, are now pushing to be included in the political solution. So is convicted drug trafficker Guy Philippe, who says he can bridge between the gangs and ordinary society.

The international community, however, is not eager to invite either to the table and is setting its hopes on a Kenyan-led intervention force to help the Haitian police win back control of the streets. Washington announced it would commit another $100 million to the force and $33 million in humanitarian aid, bringing total US pledges to $333 million.

More from GZERO Media

Special Counsel Jack Smith.
REUTERS/Jonathan Ernst

Half of special counsel Jack Smith’s report into Donald Trump’s alleged attempt to overturn his 2020 election loss was released early Tuesday, detailing how Trump engaged in an “unprecedented criminal effort” to maintain power after losing the election. It concludes that “the admissible evidence was sufficient to obtain and sustain a conviction at trial.”

Alice Weidel, AfD national chairman, waits on the sidelines of her party's national convention for a TV interview to begin. The AfD wants to adopt its election program in Riesa.
Sebastian Kahnert/dpa via Reuters Connect

European media is abuzz with a new term embraced by Alternative for Germany, or AfD, party chair Alice Weidel during her disturbing speech at the far-right party’s leadership conference on Saturday: “remigration.”

South Korean President Yoon Suk-yeol speaks on the government budget at the National Assembly in Seoul, South Korea, 25 October 2022.

JEON HEON-KYUN/Pool via REUTERS

3: Despite being impeached and having a warrant out for his arrest, South Korean President Yoon Suk Yeol received his scheduled 3% pay raise on Monday, raising his annual salary to 262.6 million won, or $178,888.

As the macro landscape evolves and new market dynamics emerge, corporations and investors must understand the trends driving capital allocation, sector shifts, and emerging opportunities to position themselves for success. While there is growing optimism in the market, critical questions persist about geopolitical risks, the impact of tariffs and trade policies, the long-term outlook for the USD, and how to interpret the economic narratives and structural changes likely to shape the immediate future. Get insights from RBC Capital Markets experts on the economy, markets, and deal activity.

Former (and incoming) President Donald Trump and Ukraine's President Volodymyr Zelenskiy meet at Trump Tower in New York City, on Sept. 27, 2024.
REUTERS/Shannon Stapleton

President-elect Donald Trump promised on the campaign trail to end the war in Ukraine “on Day One” of his administration. His supporters have long argued Trump should be taken seriously but not literally, and his team has since rolled back that expectation and insists on a 100-day ceasefire timeline instead.