The World This Hour - The World This Hour for 2025/03/16 at 01:00 EDT

Episode Date: March 16, 2025

The World This Hour for 2025/03/16 at 01:00 EDT...

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Starting point is 00:01:02 start listening today. From CBC News, the world this hour. I'm Khalil Hassan Ali. Canada is part of the so-called Coalition of the Willing. It's Western countries helping Ukraine militarily and financially. As Chris Reyes tells us, it's to fill a gap left by the US, which has signaled it may no longer provide security guarantees to Kiev. President Trump has offered Putin the way forward to a lasting peace.
Starting point is 00:01:30 Now we must make this a reality. So this is the moment to keep driving towards the outcome that we want to see. UK Prime Minister Keir Starmer spoke shortly after gathering dozens of world leaders, including Prime Minister Mark Carney, for a virtual summit to bolster support for Ukraine amidst a U.S.-proposed ceasefire deal. During the UK-led meeting, Zelensky called on European allies to consider putting troops in his country. The contingent must be stationed on Ukrainian soil. Zelensky also added that it's too early to talk about concessions in territory. Earlier this week, President Putin said he's open to the Trump ceasefire proposal, but
Starting point is 00:02:10 has stopped short of backing it. Putin has raised concerns about who would police the ceasefire. The UK is expected to convene another meeting next week with military planners in support of Ukraine's security. Chris Reyes, CBC News, New York. Prime Minister Mark Carney begins a three-day European tour on Sunday. First stop, he will go to Paris to meet with French President Emmanuel Macron. Then it's off to London to see British Prime Minister Keir Starmer and audience with King
Starting point is 00:02:40 Charles. Here, we'll turn to Canada on Tuesday with a stop in Nunavut. The US military has carried out deadly airstrikes on Iranian-backed Houthi rebel targets in Yemen. The Houthi-run Health Ministry reports at least nine deaths and nine injuries. President Donald Trump says he ordered the strikes in response to attacks on international shipping and aircrafts in and around the Red Sea. Attacks, the militants claim, were a show of support for Hamas in Gaza to Serbia. An estimated 100,000 people converged in Belgrade on Saturday to protest the country's
Starting point is 00:03:22 President Aleksandar Vucic. The rally is believed to be the biggest anti-government protest ever held in the country. This is the biggest challenge to Vucic's grip on power after 13 years in charge. The almost daily protest began after at least 14 people died in a railway station collapse last November, which some blame on corruption under Vucic's leadership. At least 32 people are dead following a multi-threat storm in the U.S. Midwest and South. There have been thunderstorms and tornadoes which have battered the area since Friday. James Holland lives in Arkansas. His home was damaged, but he is thankful his family is okay.
Starting point is 00:04:00 They're alive and breathing, so that's the main part. You can replace the house, but you can't replace the person. The severe weather is expected to last into Sunday morning. And if the Hudson's Bay Company can't secure financing to keep itself afloat, the once iconic Canadian company could begin the process of liquidating. As Phillip Lee Shanuck reports, it could start as early as next week. For more than 9,300 people, they could be out of a job. Employment lawyer Andrew Hatney represents some of them.
Starting point is 00:04:29 The payment or non-payment of severance and given the financial reporting we see publicly, that looks ominous. And then there's the pension. The company only has three million in cash and owes more than 400 million to secured creditors such as the Bank of America and US hedge funds. Employees are considered unsecured creditors along with landlords and suppliers like Ralph Lauren, Chanel and Jason Thompson. We don't have loads of cash sitting on hand.
Starting point is 00:05:00 Thompson owns Superior Strategies, an indigenous business supply company in Thunder Bay. He says the Bay owes him $80,000 for cash register thermal paper. The Hudson's Bay Company will be in a Toronto court Monday hoping to figure out a restructuring plan to avoid closing for good. Philip E. Shannok, CBC News, Toronto. That's the World This Hour. For CBC News, I'm Khalil Hassan Ali.

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