The World This Hour - The World This Hour for 2025/05/12 at 15:00 EDT

Episode Date: May 12, 2025

The World This Hour for 2025/05/12 at 15:00 EDT

Other People's Problems was the first podcast to take you inside real-life therapy sessions. I'm Dr. Hilary McBride, and again, we're doing something new. The ketamine really broke down a lot of my barriers. This work has this sort of immediate transformational effect. Therapy Using Psychedelics is the new frontier in mental health. Come along for the trip. Other People's Problems Season 5, available now. From CBC News, the world this hour, I'm Stephanie Scanderis. Alberta is freezing its industrial carbon price at $95 per ton of emissions effective immediately. Premier Danielle Smith says the move is meant to keep the energy industry competitive and

provide it with certainty. We have a reasonable system in place that's working, but any additional increases past $100 per ton will wipe out any of the benefits we've seen. That means fewer jobs for Albertans, less revenue to invest in our public services, and decreased innovation across our industries. The price had been set to rise to $110 per ton next year and to continue increasing to $170 per ton by 2030. The government says the freeze is indefinite.

The last living American hostage abducted by Hamas is now in Israeli custody. Eden Alexander was serving at an Israeli military base near the Gaza border when he was taken in the October 7 attacks. It was the best news that we had for 584 days. This is a new day. Alexander's relatives, including Doron Zechser, say they're thankful for U.S. efforts. Washington negotiated the handover with Hamas without Israeli involvement. Hamas says the release was a gesture of goodwill in efforts to revive ceasefire talks and the delivery of humanitarian aid. Israel has blockaded Gaza for two months.

A report from the world's leading monitor on hunger says the entire population of 2.1 million people is now at risk of famine. India's prime minister says he will retaliate if a fragile ceasefire with Pakistan is violated. The nuclear armed neighbors agreed on a pause in fighting after blows were exchanged last week. Fighting was sparked by a deadly attack in the disputed region of Kashmir, which India linked to Pakistan. Rebecca Bundon has more.

Terrorism. Zero tolerance. Addressing the nation for the first time following India's military operation last week, India's Prime Minister Narendra Modi issued a warning to Pakistan, saying he's watching closely. New Delhira Modi issued a warning to Pakistan, saying he's watching closely. New Delhi accuses the country of funding terrorism, something Islamabad denies.

The two countries were locked in military clashes for days last week until a ceasefire was reached on Saturday. President Donald Trump says the US brokered the agreement and has offered to work with both countries on a solution for the long disputed Kashmir region. Modi says that India is only willing to talk to Islamabad about terrorism and what he referred to as Pakistan occupied Kashmir. Rebecca Bundon for CBC News, Mumbai. We achieved a total reset with China.

US President Donald Trump announcing an agreement with China to temporarily slash reciprocal tariffs. For 90 days, the US will cut the extra tariffs it imposed on Chinese imports in April. They will fall from 145 percent to 30 percent. Chinese duties on US imports will fall from 125 percent to 10 percent. I think it's going to be fantastic for China. I think it's going to be fantastic for us and I think it's going to be great for unification and peace. The agreement does not affect tariffs on cars, steel, aluminum and pharmaceuticals. The trade war between the world's biggest economies had shaken markets

and sparked fears of a recession. Today, markets rose in reaction to the news. Turkey's president says the window of opportunity for Russia-Ukraine talks should not be squandered. Recep Tayyip Erdogan says he would be glad to host the two countries as they attempt to negotiate an end to the war. President Donald Trump says he is open to flying to Turkey for a meeting, and Ukrainian President Volodymyr Zelensky says he would attend. He is also demanding an immediate ceasefire. Russian President Vladimir Putin has not confirmed whether he supports the proposal first put forward by Trump. And that is your World This Hour. For CBC News, I'm Stephanie Scanderis.