The World This Hour - The World This Hour for 2025/04/07 at 13:00 EDT

Episode Date: April 7, 2025

The World This Hour for 2025/04/07 at 13:00 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, the world this hour, I'm Gina Louise Phillips. Stock markets around the world are in free fall again today. The sell-off began in Asia, spread to Europe, and now North American markets are seeing steep losses across the board as well. All that as investors and governments are trying to make sense of the Trump tariffs. Peter Armstrong explains. Peter A. Amstrong, Ph.D. We just had a wild swing in markets as a social media account claimed. The White House was considering a 90-day pause. Markets surged, they quickly bounced back into positive territory, but then as people asked where the source was coming from, it turned out, as best we can tell at least, this was coming from a senior advisor to the White House who was asked about the idea of

implementing a pause and would only say the president will do what he does. And now, markets are all back in the red. One reporter says this swing of the rumor, the correction, the rally and the sell-off moved about $4 trillion in market value in about 15 minutes. Just one more indication of just how wild and volatile markets are on this story.

Peter Armstrong, CBC News, Toronto. President Donald Trump is undeterred by the stock market collapse of recent days. In fact, he is threatening new tariffs on China in a social media post this morning. He says if China does not back down on its 34% retaliatory tariff by tomorrow, he will impose an additional levy of 50%. Trump also writes all trade talks with China will be terminated. On the campaign trail now, Pierre Polyaev is talking about helping seniors' investments

weather the current stock market turmoil. The Conservative leader is also getting in a dig at U.S. economic policy. We know that seniors should not pay the price for Donald Trump's economic vandalism over the last several days. And that is why we will allow our seniors to keep their money invested until they regain their lost amounts. Poliev was in Terrace, B.C., talking up conservative policy aimed at speeding up approvals for energy projects. He is promising

one governmental agency that would carry out a single environmental review for major projects, and those evaluations would be done within six months to one year. Liberal leader Mark Carney announced a similar policy earlier in his campaign. NDP leader Jagmeet Singh is in Toronto. He has been meeting with Hudson's Bay workers who lost their jobs when the retail giant announced 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 prime minister, he will pass legislation that ensures workers get paid ahead of creditors when a company declares bankruptcy. Blue Jays star Vladimir Guerrero Jr. and his team have agreed to a big contract extension according to multiple reports. Lisa Shing has more on the deal worth half a billion dollars. And it'll bring up Vlad Guerrero Jr. A historic contract for homegrown star Vladimir Guerrero Jr. According to media reports, it's a 14-year deal worth $500 million US starting next year pending a physical.

Guerrero is in the final year of his current contract. Without an extension, the four-time All-Star could have hit free agency this fall. Some fans are ecstatic. I think it's really exciting. I think Vlad's a great addition to the city and it's great to see how much he loves Toronto. Others think it's a gamble. It's good as long as the team progresses through, you know, it's a bet. The Blue Jays have yet to confirm the contract though Guerrero's would be the second largest in baseball history. That's behind outfielder Juan Soto's 765 million 15 year contract with the New York Mets this season. Lisa Shing CBC News Toronto. And that is the world this hour. Remember you can hear us anytime on cbcnews.ca. I'm Gina Louise Phillips.