The World This Hour - The World This Hour for 2025/04/04 at 20:00 EDT
Episode Date: April 5, 2025The World This Hour for 2025/04/04 at 20:00 EDT...
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From CBC News, the world this hour, I'm Julianne Hazelwood.
It's the second day of huge drops on financial markets around the world.
American markets are plunging even further than yesterday
after China announced new counter-tariffs
against the United States.
Anis Haydari reports.
The market's reaction is delivering a verdict,
and we should take that seriously.
According to Brendan Lacerda,
global investors do not like what they see right now.
He's a senior economist with Moody's Analytics.
So this is sort of a new stage of the tariff war,
with China being very forceful in their response. Markets around the world started the day with big drops. Today,
responding to Chinese counter tariffs on anything imported from the US. The New York Stock Exchange
down. NASDAQ, Toronto Stock Exchange down. Some of these losses the biggest since 2020. And it's not
just market investors facing financial problems. US Federal Reserve Chair Jerome Powell. It is now becoming clear that tariff increases
will be significantly larger than expected and the same is likely to be
true of the economic effects which will include higher inflation and slower
growth. As for how much inflation, how much of a slowdown and how long it lasts,
Powell says unclear. And he's hit our CBC News, Calgary. Federal party leaders campaigned in vote-rich Quebec today.
The province is crucial to the Liberals' plans
for a majority government.
But as Rafi Bouchicani tells us,
the other parties are not giving up.
The Quebec people constitute a nation within Canada,
and I observe that this is also the judgment of Parliament
and the proclamation 15 years ago.
Liberal leader Mark Carney trying to set the record straight.
Last night during a French language interview he called the province a distinct society,
an outdated term from the 90s.
It's one of a few gaffes related to Quebec he has committed during the campaign.
So far though, opinion polls put the Liberals ahead of their main competition here, the
Bloc Québécois. But leader Yves-François Blanchet says he's not worried.
You know what? In 2019 and in 2021, the Bloc Québécois completed the campaign much higher
than it had started it.
Blanchet is also dealing with a push from the conservatives, who believe they have a shot at
winning a handful of writings. Today, Pierre Paliere is campaigning in Trois-Rivières
writing the block barely held four years ago. Rafioub Ducan, YonCBC News, Montreal.
The conservative leader says if elected he would toughen the laws around
intimate partner violence. Pierre-Paul L'Evre says he would create a new criminal
offense for domestic violence that would include longer
sentences.
We will end the senseless practice of downgrading murder of an intimate partner to manslaughter
simply because the murderer claims that it was a crime of passion.
A conservative government will make sure that anyone who murders their intimate partner,
their child or their partner's child will have a first degree conviction.
Poliev says a conservative government would also make detention, not bail, the default
in cases of intimate partner violence.
A Russian missile strike has killed at least 18 people in eastern Ukraine.
Local officials say nine of them were children.
It happened in Kriviry, the hometown of President Vladimir Zelensky.
The president says Russian promises of a ceasefire end with missiles, drones, bombs or artillery.
Zelensky calls it one of Moscow's deadliest attacks this year. Moscow claims the strike
targeted a gathering of Ukrainian servicemen and foreign instructors.
Ukraine says that's untrue and that the attack targeted a residential area with a playground.
President Donald Trump is throwing another lifeline to TikTok.
He is extending a deadline to keep the app running in the US.S. for an additional 75 days.
That gives his administration more time to broker a deal with an American buyer.
China's bite dance has insisted the app is not for sale.
But Trump says there's been tremendous progress on a potential sale, and he doesn't want the
app to go dark in the meantime.
And that's your World This Hour.
You can listen to us wherever you get your podcasts updated every hour, seven days a week.
For CBC News, I'm Julianne Hazelwood.