The World This Hour - The World This Hour for 2025/05/08 at 13:00 EDT

Episode Date: May 8, 2025

The World This Hour for 2025/05/08 at 13:00 EDT

When a body is discovered 10 miles out to sea, it sparks a mind-blowing police investigation. There's a man living in this address in the name of a deceased. He's one of the most wanted men in the world. This isn't really happening. Officers are finding large sums of money. It's a tale of murder, skullduggery and international intrigue. So who really is he? I'm Sam Mullins and this is Sea of Lies from CBC's Uncovered, available now.

From CBC News, the world this hour, I'm Mandi Sham. We begin with breaking news from the Vatican. A new pope has been elected. A crowd of thousands in St. Peter's Square roared with excitement the moment white smoke poured from the chimney of the Sistine Chapel. One hundred and thirty-three cardinals made their decision on the second day of their conclave. We are still waiting for word on the name of the next leader of the Catholic Church.

He will succeed Pope Francis. The leaders of the US and UK have announced an agreement on a potential trade deal. We're sending a message to the world that Britain is open for business. British Prime Minister Keir Starmer says the pact will boost trade and create jobs. The US has agreed to cut tariffs on UK autos from 27.5 percent to 10. It will also remove levies on steel and aluminum. In exchange, the U.K. will open its market to more American beef and ethanol. It would be the first deal for President Donald Trump since he launched his global trade war.

The deal includes plans that will bring the United Kingdom into the economic security alignment with the United States. We feel very, very comfortable with that because it's been a great ally, truly one of our great allies. Many details of the deal are still to be worked out. Ontario has announced it will become the first province in Canada to build small modular reactors. They are nuclear power generators, small enough to be transported by trucks.

Philipp Lee Shanuck has details. This is a made in Canada vision for energy security and affordability. In Darlington, about an hour's drive east of Toronto, Ontario Energy Minister Stephen Lecce touts non-Canadian technology that New Brunswick, Saskatchewan and Alberta are also piloting. He says the first reactor will be up and running by decades end at the cost of seven billion dollars. Lecce says he's aware that New Brunswick's planned project is already in financial trouble. First of its kind technology poses opportunities and challenges but we are totally confident

that we have created the discipline, the track record. Four reactors are planned at the cost of 20 billion dollars. While US and Asian companies develop the technology, unlike Canada's can-do design, Lecce says 80% of what's budgeted will go to Ontario companies, which is part of a strategy to make Canada an exporter of this technology. Philip Lee Shannock, CBC News, Toronto. A state of emergency remains in effect for a Newfoundland community threatened by an out of control wildfire. Curtis Saleni is the mayor of Small Point Adams Cove, Blackhead Broad Cove. As far as we know right now, there's been no injuries. There's been property damage and homes lost. But everyone is currently safe. They have somewhere to go.

The town is home to about 400 people. So far, more than 20 homes have been either destroyed or damaged by fire. A Thanksgiving service was held in Westminster Abbey. 80 years ago today, Nazi Germany's unconditional surrender took effect. The ceremony was attended by veterans, members of the royal family and world leaders. Crystal Guimansing reports from London. Let us pray for peace in Europe and across the world. Alexander Churchill, the 10-year-old great-great-grandson of wartime Prime Minister Winston Churchill, lit a candle of peace and performed a reading.

His prayer in Westminster Abbey made before 78 veterans of the Second World War. The service possibly the last gathering of its kind to include dozens of veterans, many now in their mid-90s. King Charles and Prince William laid wreaths at the start of the service. Prime Minister Keir Starmer performed a psalm earlier in the day he honored his granddad's service and that generation.

Writing on social media, without their bravery, the freedom and joy of today's celebrations may never have come to pass. Crystal Gaman Singh, CBC News, London. And that is your World This Hour. For CBC News, I'm Mandi Shamm.