The World This Hour - The World This Hour for 2025/04/07 at 12:00 EDT

Episode Date: April 7, 2025

The World This Hour for 2025/04/07 at 12:00 EDT

While there are plenty of toxic social media personalities, few are as vicious and influential as Andrew Tate. Online, he brags about being a misogynist and his videos have been viewed billions of times. Now, Tate and his brother are under investigation for human trafficking. I'm Kathleen Goltar and this week on Crime Story, I speak with two journalists who spent four years inside Andrew Tate's Manosphere.

Find Crime Story wherever you get your podcasts. From CBC News, it's the world this hour. I'm Joe Cummings. We go first to New York. That is the opening bell from the floor of the New York Stock Exchange, and as expected, share prices are plunging again right across the board. It's more of what we saw last week as investors continue to react to the Trump administration's tariff campaign. Here's Peter Armstrong.

This is steep. This is moving fast. This was also widely expected. Everyone said after the carnage on Friday that the Trump administration spend the weekend working, negotiating, trying to find an off ramp to this that didn't happen. So we're seeing what we're seeing. China posted its worst day on the stock market since 2008. Hong Kong, its worst since 1997. And now we're looking at North American markets. Everything is down. And the problem here is we don't

really, at a fundamental level, know what the administration wants. And the goalposts keep moving. Is it China saying they'll lift their tariffs? Is it various countries saying they'll restructure their national sales taxes and VATs? No one knows. And remember, a stock sell-off isn't just a reflection of the real economy. It can add to those concerns. Stocks fall, investment drives up, that slows hiring, that slows business growth. That can in turn slow the economy and help cause a downturn that was initially started on the markets.

Peter Armstrong, CBC News, Toronto. Meanwhile, Canada has requested a dispute consultation with the World Trade Organization. It's in response to the Trump tariff action against the Canadian auto sector. Canada says the measures violate US obligations under various trade provisions that in some cases date back more than 30 years. At the same time, the European Union trade ministers are in Luxembourg discussing their response to the Trump tariffs. Ireland's trade minister, Simon Harris, says the trading relationship between the EU and the United States is an important one and ideally, the

EU wants to make a deal. I suppose the outstanding question is, is the United States up for one? And what we have to consider here today, what can we do strategically to help further, I suppose, increase our own leverage to get the United States around a negotiation table. Harris says although Ireland and the United States have a close diplomatic relationship, his country is firmly with the EU. Now to the federal election campaign and NDP leader Jagmeet Singh. He is in Toronto today meeting with workers who recently lost their jobs in the Hudson's Bay bankruptcy. We also found it so offensive not just the fact that you weren't getting your

severance then we learned that the executives were getting all the bonuses and nothing for no severance for the workers. That is just so insulting, so wrong. Singh says if he becomes minister, he will pass legislation that ensures workers get paid ahead of creditors when a company declares bankruptcy. As for the rest of the campaign schedule today, Liberal leader Mark Carney is in Victoria. The Conservatives Pierre Poliev is in B.C. as well. He's in Terrace. The Bloc Québécois' Yves-Francois Blachette is in Montreal.

And Green Party co-leader Elizabeth May is in Guelph, Ontario. Still with the campaign, today is the deadline for all parties to submit their final nomination papers. And at this point, the three big parties are all confirming that they will have candidates running in every riding. Kate McKenna has more. The Liberals, Conservatives and NDP all say they're running a full slate of 343 candidates

in this federal election. The Green Party hasn't responded to a request for comment, but has committed to running in every riding. The deadline to finalize nominations is today at 2 o'clock. Last week, parties dropped a number of candidates after controversial comments they had made resurfaced. We may be seeing more of that this week. After today, if parties remove someone from their ticket, they can't replace them.

For that reason, sometimes parties withhold opposition research they've done until after the candidate deadline so that if more controversial comments arise, parties won't be able to put up a backup contender, essentially taking them out of that ridings race. Kate McKenna, CBC News, Ottawa. And that is The World This Hour. For news anytime, go to our website, cbcnews.ca. For CBC News, I'm Joe Cummings.