The World This Hour - The World This Hour for 2025/08/26 at 09:00 EDT

Episode Date: August 26, 2025

The World This Hour for 2025/08/26 at 09:00 EDT

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And remember, when you play, local charities win. See how we play. Visit charitablegaming.ca. Please play responsibly. Charitable gaming, community good. from cbc news it's the world this hour i'm joe cummings on his visit today to germany prime minister mark carney has signed a canadian german critical minerals partnership carney says canada has underdeveloped its deposits of nickel and coal

bolt among other minerals and this has allowed other countries to dominate the global market He says the new partnership comes as Germany is in the process of moving away from its reliance on China and Russia. Now, the prime minister is also discussing submarines today, specifically a bid by a German-Norwegian company, TKMS, to rebuild the Canadian fleet. Murray Brewster has the details. It has been announced that Canada has narrowed the list of contenders to build the Navy's new submarines to two bidders, TKMS and South Korea's Hanwa Ocean. The Prime Minister met with German Chancellor Friedrich Mers and is slated to participate in a business roundtable with the goal of diversifying Canada's trade and coming up with a critical minerals partnership. However, as with many elements of his European trip this week,

defense and security issues are near the top of Carney's agenda. Federal officials speaking on background said the debate within government now is whether to go the route of requesting proposals or straight into contract negotiations with the preferred bidder. high-stakes multi-billion-dollar gambit to replace Canada's aging and largely inoperable Victoria-class submarines, the German-designed Norwegian-partnered Type 212 CD is perhaps the most well-known and heavily marketed of the contenders. Cabinet is not expected to decide until next year the earliest which way to proceed. Marie Brewster, CBC News, Berlin. Demonstrations are being held across Israel as part of what's being called a day of struggle.

It's one of many demonstrations that are blocking roads and highways in and out of Israeli cities. It's an effort to pressure Prime Minister Benjamin Netanyahu to sign off on a ceasefire agreement that Hamas has already agreed to. It involves a release of half of the remaining hostages being held in Gaza. Netanyahu is insisting all hostages must be released at once. U.S. President Donald Trump says he's firing one of the governors of the Federal Reserve. The dismissal of Lisa Cook came on social media, but Cook says she has no intention of leaving her job. Lisa Sching has more. This all has to do with Trump demanding the Federal Reserve lower interest rates.

And for months, blaming it, its chair, Jerome Powell, for taking too long to do that and threatening to fire him. And to fire Lisa Cook, who's the first black woman to serve on the Fed's board. Trump posted a letter addressed to Cook on social media. alleging she may have falsified records to get favorable terms on a mortgage, saying it's deceitful and potentially criminal. This is Trump in Washington last week. What she did was a bet, so I'll fire her if she doesn't resign. So technically the central bank's founding statute allows him to fire governors for cause,

typically for misconduct or wrongdoing. So Cook and her lawyer are fighting the dismissal, saying Trump has no grounds to do this. hasn't been charged with anything or convicted. Lisa Scheng, CBC News, Washington. The Canadian Songwriters' Hall of Fame has announced this year's inductees. Andy Kim is among the notable talents, making up the class of 2025. He's joined by Montreal-born Gino Vanelli, Toronto's Jane Sibri, and the rock group Triumph. The Hall of Fame induction ceremonies will be spread over.

two cities, the first event set for Toronto on October, the second, coming a month later in Montreal. The songwriter's Hall of Fame was founded 27 years ago, and previous inductees include the likes of Neil Young, Leonard Cohen, Sarah McLaughlin, and Gordon Lightfoot, to name just four. And that is the world this hour. For news anytime, go to our website, cbcnews.ca. For CBC News, I'm Joe Cummings. Thank you.