The World This Hour - The World This Hour for 2025/04/04 at 22:00 EDT
Episode Date: April 5, 2025The World This Hour for 2025/04/04 at 22:00 EDT...
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From CBC News, the world is sour.
I'm Khalil Hassan Ali.
We begin with breaking news in the National Hockey League.
Here's a pass with Etchkin.
Scores!
The grade eights stand side by side League.
Alexander Ovechkin of the Washington Capitol scored his 894th goal tonight in front of
his home fans.
This ties in with Wayne Gretzky for the league's all-time goal-scoring record.
Ovechkin started the night two off the mark. His next opportunity
to break Gretzky's record is Sunday against the New York Islanders. It was another day
of declines on trading floors around the world. How investors feel about US tariffs is certainly
coming through across global markets. Peter Armstrong has more on where the trading week
ended and what people are most worried about.
These losses are staggering. More than $ trillion dollars in value has been wiped out.
The S&P fell more than nine percent in five days. The Nasdaq has fallen 20 percent from the peak.
The chances of a recession are certainly rising. JP Morgan says there's like a 60 percent chance
of a global recession. Chances of a U.S. recession have risen to 30% because if these tariffs are
implemented and actually begin to really bite, they'll hurt consumers, they'll shrink business
margins, they'll hurt the entire American economy.
Canada lost 33,000 jobs last month.
These losses came in before tariffs really started to bite.
One economist said that it looks like the wheels may be starting to come off the Canadian
labor market, so that just doesn't leave a lot of wiggle room ahead of the impact of
the trade war that we know is going to have when it hits the Canadian economy.
Peter Armstrong, CBC News, Toronto.
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 Volodymyr Zelenskyy.
President says Russian promises of a ceasefire end with missiles, drones, bombs or artillery.
Zelenskyy calls it one of Moscow's deadliest attacks this year.
Moscow claims the strike targeted a gathering 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. A tsunami warning has been
issued for Papua New Guinea and several neighboring South Pacific islands. It comes after a 6.9
earthquake struck off the coast. The US Geological Survey
says it could produce tsunami waves of one to three meters in height. No warnings have been issued
for Australia or New Zealand. The future of CBC in Tehidio, Canada is in the spotlight on the
campaign trail, while Liberal leader Mark Carney has pledged to boost funding and modernize the
mandate, while Conservative
leader Pierre Poliev says he would scrap the CBC.
Cameron McIntosh reports.
Liberal leader Mark Carney vowing to modernize and strengthen CBC Radio Canada, promising
more local news and supports for promoting Canadian culture.
Carney is calling for $150 million in additional spending on CBC Radio Canada's $1.38 billion
budget as CBC pursues a new mandate.
Our plan will safeguard a reliable Canadian public square in a sea of misinformation and
disinformation.
For years, Conservative leader Pierre Poliev has insisted CBC has lost relevance, promising
to defund it.
My approach won't have an impact on Radio Canada.
He said he'd keep French services but did not mention English CBC by name as he took
aim at Carney for making another spending prompt.
The Green Party and NDP have also expressed support for CBC Radio Canada.
A CBC spokesperson said, during the election campaign period, we do not have any comment
on the party's positions.
Cameron McIntosh, CBC News, Winnipeg.
US President Donald Trump is throwing another lifeline to TikTok.
He's extending a deadline to keep the app running in the US for an additional 75 days,
which gives his administration more time to broker a deal with an American buyer.
China's ByteDance insists the app is not for sale, but Trump says there's been progress on a potential sale and he doesn't want the app to go dark.
In the meantime, that's the World of Sour. For CBC News, I'm Khalil Hassan Ali.