The World This Hour - The World This Hour for 2025/04/05 at 00:00 EDT

Episode Date: April 5, 2025

The World This Hour for 2025/04/05 at 00:00 EDT...

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Starting point is 00:00:00 Every language is a note in the symphony of our heritage. Together, they create a harmony that cannot be silenced. Discover your voice on the new APTN Languages TV channel. From CBC News, the world this hour, I'm Kalil Hassanali. A long-standing record in the NHL has some company. Here's a pass with Etchkin. Scores!
Starting point is 00:00:51 some company. Alexander Ovechkin of the Washington Capitol scored his 894th goal Friday night in front of his home fans. This ties him with Wayne Gretzky for the league's all-time goal scoring record. Ovechkin started the night too off the mark. His next opportunity to break the record is Sunday against the New York Islanders. It was another day of declines on trading floors around the world. How investors are feeling about US tariffs is coming through across global markets. Peter Armstrong has more on where the trading week ended and what people are most worried about.
Starting point is 00:01:25 These losses are staggering. More than six trillion dollars in value has been wiped out. The S&P fell more than 9% in five days. The Nasdaq has fallen 20% from the peak. The chances of a recession are certainly rising. JP Morgan says there's like a 60% chance of a global recession. Chances of a US 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.
Starting point is 00:01:55 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 labour 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
Starting point is 00:02:22 say nine of them children. It happened in the hometown of President Volodymyr 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. Ukraine says the attack targeted a residential area with a playground. Moscow claims the strike targeted a gathering of Ukrainian servicemen and foreign instructors. A tsunami warning has been issued for Papua New Guinea and several neighbouring South Pacific islands. It comes after a 6.9 magnitude earthquake struck off the coast. The US Geological Survey says it could produce tsunami waves of one to three meters in
Starting point is 00:03:10 height. The future of the CBC in Radio Canada is in the spotlight on the campaign trail. 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 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.
Starting point is 00:03:37 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 Polyov has insisted CBC has lost relevance, promising to defund it. My approach won't have an impact on Radio Canada.
Starting point is 00:04:04 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.
Starting point is 00:04:30 He's extending a deadline to keep the app running in the US for an additional 75 days. It 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 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 in the dark in the meantime. That's the World of Sour. For CBC News, I'm Khalil Hassan Ali.

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