The World This Hour - The World This Hour for 2025/08/29 at 07:00 EDT

Episode Date: August 29, 2025

The World This Hour for 2025/08/29 at 07:00 EDT...

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Starting point is 00:00:26 Certain conditions apply. from cbc news it's the world this hour i'm joe cummings israeli officials say the remains of two hostages have been recovered in gaza one has been identified as the body of elan vise from kubutbury the other at this point has yet to be publicly identified meanwhile the israeli military is now referring to gaza city as quote a dangerous combat zone. From outside Gaza City, that's the sound of bomb blasts and gunfire. The IDF says it's now operating with great force on the outskirts of the city,
Starting point is 00:01:16 and the tactical pause that was allowing for the delivery of some food supplies is now over. The day after Keeve was hit by a devastating Russian missile and drone bombardment, the EU defence ministers are meeting in Denmark for talks on the Ukrainian war effort. Yesterday's barrage was by far the biggest of the summer, claiming at least 23 lives in the capital. Julia 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.
Starting point is 00:01:52 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.
Starting point is 00:02:28 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. Thailand's constitutional court has removed the country's prime minister and dissolved her cabinet. In Bangkok, that's ahead of the court ruling that, that's ahead of the court ruling, that Pesong Shinawatt violated constitutional ethics in a telephone call with the head of the Cambodian Senate. The conversation was about easing border tensions. But when a tape of the discussion was leaked in June, it revealed the Prime Minister appearing to be critical of a senior Thai general.
Starting point is 00:03:17 Shinawat has only been in office for a year. Her father served as Prime Minister for five years before he was ousted in a military coup in 2006. 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 Montanay has more. 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.
Starting point is 00:03:50 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,
Starting point is 00:04:20 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 Montseries, CBC News, Toronto. And that is The World This Hour. Remember, you can listen to us wherever you get your podcast. The World This Hour is updated every hour seven days a week.
Starting point is 00:04:50 For CBC News, I'm Joe Cummings. Thank you.

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