The World This Hour - The World This Hour for 2026/01/06 at 09:00 EST

Episode Date: January 6, 2026

The World This Hour for 2026/01/06 at 09:00 EST

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from cbc news it's the world this hour i'm joe cummings the more than 30 countries that make up the coalition of the willing are meeting today in paris for talks on ending the war in ukraine canada is at the table with prime minister mark carney insisting there is reason for optimism i will use the assessment of president zalinski that in his judgment we are 90% of the way there to peace. The final elements need to be negotiated on a tripartite basis, the United States, Ukraine, and Russia. However, those final elements are proving to be problematic. They include Ukraine's demand for long-term security guarantees. The Coalition of the Willing is in the process of finalizing much of the support that Ukraine

is calling for, but Russia remains opposed to many of the measures. The Trump administration briefed congressional leaders last night on the military operation that led to the arrest of Venezuelan President Nicholas Maduro. Secretary of State, Marco Rubio, and Defense Secretary Pete Hegzeth led the two-hour briefing. But Senate Minority Leader Chuck Schumer says it included no details on what happens next. Their plan for the U.S. running Venezuela is vague based on wishful thinking. and unsatisfying. U.S. President Donald Trump says there are no immediate plans for an election,

and that means, at least for the time being, that it appears Venezuela will be governed by the White House. Lily Lowry has more. The Trump administration has put out some conflicting reports, but a vision is beginning to crystallize. White House Deputy Chief of Staff and Homeland Security Advisor Stephen Miller provided insight into the administration's thinking, describing to CNN what sounded almost like conservatorship.

We have a complete embargo on all of their oil and they're a ability to do commerce. So for them to do commerce, they need our permission. For them to be able to run an economy, they need our permission. So the United States is in charge. The United States is running the country during this transition period. Delcy Rodriguez, who was sworn in yesterday as president, is a longtime ally of Nicholas Maduro, but she represents a government that the U.S. and many other countries view as illegitimate.

Still, at this point, messaging out of Washington has been supportive of her new role, so long as she falls in line and does what the U.S. asks. Willie Lowry, CBC News, Washington. Meanwhile, President Trump is openly saying that with Maduro deposed, U.S. oil companies can now start making money in Venezuela. And that is a concern for many within the Alberta oil patch. Anisa Dori explains. We need to build more major infrastructure.

Tristan Goodman heads up the Explorers and Producers Association of Canada in Calgary, representing most Canadian oil and gas producers. If the United States is able to ramp up energy imports from Venezuela, he says Canada will need to be ready to sell to other customers. But he also says that isn't a major problem right now. This is going to take a decade plus or maybe even longer. Analysts say it could take quite a while for Venezuela to compare. compete with Canadian products. Mark Parsons is ATB Financial's chief economist in Edmonton.

Parsons agrees, for now, the impact to Canada is muted. But to prevent future problems for the industry, if Venezuelan exports rise up, Parsons says Canada needs more ways to sell overseas. What we can control is our ability to export into new markets. So whether it's a trade war with the U.S. or a U.S. fight with Venezuela, Canadian energy experts predict what they'll need is more pipeline. And he said R8, CBC News, Calgary. On this, the fifth anniversary of the January 6th attack on the U.S. Capitol, the official plaque honoring those who attempted to defend the Capitol buildings is nowhere to be found. It's not on display on the Capitol grounds, as is required by law.

That's whereabouts are not publicly known, though it's believed to be somewhere in storage. And that is the world this hour. For CBC News, I'm Joe Cummings. Thank you.