The World This Hour - The World This Hour for 2025/08/29 at 06:00 EDT
Episode Date: August 29, 2025The World This Hour for 2025/08/29 at 06:00 EDT...
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from cbc news it's the world this hour i'm joe cummings the day after keve was hit by a devastating
russian missile and drone bombardment the u defense ministers are meeting in denmark for talks on
the ukrainian war effort yesterday yesterday's barrage was by far the biggest of the summer
claiming at least 23 lives in the capital julia chavis
Chapman has more now on the response from Ukraine's allies.
EU officials are working to put more pressure on Moscow.
That could include placing secondary sanctions on Russia's trading partners.
Radik Sikorsky is Poland's foreign minister.
An invader only stops fighting when he thinks he cannot win.
And Putin still thinks he can win.
But Europe can't end the war alone.
Donald Trump has favored dialogue over weaponry,
so far without any impact on the ground.
He was not happy about this news, but he was also not surprised.
That was Trump's spokesperson Caroline Levitt.
The White House has now announced an $825 million sale of arms,
including missiles that can reach a distance of 450 kilometers.
It's thought to be the first offer of new weapons to Ukraine under Donald Trump's administration.
Ukrainian officials are in New York today for talks with Trump's team
about possible security guarantees.
Julia Chapman, CBC News, London.
Israel's military has announced it is suspending midday pauses
to allow the delivery of humanitarian aid to Gaza City.
The city now described by Israeli officials as a dangerous combat zone
was among the few places where fighting pause last month
to allow food and aid supplies to enter during a designated time period.
The move comes as Israel prepares to broaden its offensive,
mobilizing tens of thousands of troops to seize Gaza City.
Now to the Canadian economy and today's GDP update.
This is a look at how the economy performed over the second quarter,
and most analysts are expecting to see a general softening right across the board.
Philip de Montany reports.
Canadian GDP expanded by 2.2% in the first three months of the year,
largely due to a surge in exports ahead of U.S. tariffs.
Now, for the next three months, the second quarter of 2025,
economists are forecasting much more timid growth at about 0.2%.
Some think we've even slipped into a slight contraction,
like Jimmy Jean, Chief Economist at Desjardin.
It's pretty weak overall.
I think there's a consensus around the fact that the Canadian economy will suffer.
Couple that with softening inflation and with most of Canada's counter-tariffs coming off next
month, Jean says it sets the stage for the Bank of Canada to lower its key interest rate.
I think it will put them in a position of being more comfortable with enacting a rate cut.
The Bank of Canada expects growth to pick up to about 2% over the second half of 2025.
Philippe de Montsegis, CBC News, Toronto.
Emergency officials in Nova Scotia say 20 homes have been destroyed by the Long Lake Wildfire
that continues to burn out of control in the Annapolis Valley.
Valley. It's been burning now for two weeks. It is 8,000 hectares in size, and it has forced
thousands of people from their homes. Nicole Sagan has more.
Still in a bit of a shock at the moment.
Just two weeks away from welcoming their first child, Megan Yelland and Michael Zeman
have no house to bring the baby home to. The home they moved into less than a year ago
and set up a nursery in destroyed by the Long Lake Wildfire, which now covers more than 82
square kilometers in the west of the province.
The couple got the call from officials earlier this week.
They said we need to see you tomorrow,
and I just called him a mess saying it's gone.
Provincial officials say 20 homes were destroyed Sunday
as hot, dry weather and strong winds pushed the fire to double in size.
The province has announced financial support for evacuees,
but many in the community are demanding more answers about where they can live while they rebuild.
Nicholas Sagan, CBC News, Halifax.
And that is The World This Hour.