World Report - April 08: Tuesday's top stories in 10 minutes
Episode Date: April 8, 2025North American markets looking up on opening, after a chaotic Monday. Thousands of Conservative supporters show up to Pierre Poilievre rally, featuring former prime minister Stephen Harper. ...Liberal leader Mark Carney says Canada is fighting US tariffs on every front. High-level indirect talks between the US and Iran expected this weekend. Ukrainian President Volodymyr Zelenskyy says his troops have captured 2 Chinese fighters working with Russia in eastern Ukraine.At least 18 people are dead after the roof of a nightclub collapsed in the Dominican Republic.2SLGBTQ+ people in Nova Scotia say they feel unsafe after sex shop and bookstore repeatedly vandalized.
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When a body is discovered 10 miles out to sea, it sparks a mind-blowing police investigation.
There's a man living in this address in the name of a deceased.
He's one of the most wanted men in the world.
This isn't really happening.
Officers are finding large sums of money.
It's a tale of murder, skullduggery and international intrigue.
So who really is he?
I'm Sam Mullins and this is Sea of Lies from CBC's Uncovered, available now.
This is a CBC Podcast.
This is World Report.
Good morning.
I'm Marcia Young. The New York Stock Exchange kicking off a more positive
trading day. Yesterday saw global indexes fall before steadying as investors brace for
US President Donald Trump's new tariffs. So far, things are looking up on Wall Street.
The CBC senior business correspondent, Peter Armstrong joins me now in studio. And Peter,
what are we seeing so far? Yeah very different feeling on Wall Street
today very different results optimism abounds stocks are climbing right across
the board frankly all of the indexes are up but for all of the technical jargon
about why this is happening at 200 a moving averages and right sizing of
forecast expectations what's happening here is a, a bet that a deal to avoid global economic catastrophe
is going to be made.
Remember the next round of tariffs
kick in at midnight tonight.
So let's not get ahead of ourselves
and assume a deal will be made before that.
But investors seem to be saying
that they think a deal is in the works.
But look, we've got no way of knowing
what that deal might look like, what it might take.
So beware of what they call the suckerers rally, where in the midst of a
sell off, investors find a reason to declare a bottom. You see that surge like we're seeing
now, that lasts until the next batch of bad news and then the sell off kicks in yet again.
So what are we watching for over the course of the day?
News from the White House. And we've just got some, a new social media post from Donald Trump saying he had a great call with acting president
of South Korea. The quote there is their top team is on a plane heading to the US and things
are looking good. Treasury Secretary Scott Bessent walking in to the White House today
said this morning, I think you're going to see a couple of big trading partners do deals
very quickly. That's good news. It's encouraging.
But now we get to see what a deal actually looks like, if a deal can be made, and then
can such a deal be a model for everybody else.
All right. Thank you so much, Peter.
You bet.
The CBC Senior Business Correspondent, Peter Armstrong, live in studio. Conservative leader
Pierre Polyev is holding some huge rallies in this election campaign. But his event last The party estimates 12,000 people showed up. As Olivia Stefanovic reports,
Poliev was not the only person supporters came out to see.
Canada right now needs change more desperately than it perhaps ever has.
Former Prime Minister Stephen Harper taking the stage
to say that he's not going to be the only one to see the election. now needs change more desperately than it perhaps ever has.
Former Prime Minister Stephen Harper taking the stage in a large warehouse outside of
Edmonton to give party leader Pierre Poliev's campaign a boost.
I am the only person who can say that both of the men running to be prime minister once
worked for me.
Harper endorsed Poliev in front of a crowd of thousands
who lined up for hours to get into the rally.
They cheered as Harper took a few swipes at Liberal leader Mark Carney,
who was governor of the Bank of Canada when he was in power.
I say that as the guy who actually did lead Canada through the global financial crisis.
Harper also tried to blunt criticism about Poliev being a career politician
by describing his political experience as the single most important skill set for a prime minister.
Poliev said it was a thrill being on stage with Harper.
He is the greatest mentor I could ever ask for.
It's the first time Harper is out campaigning with a conservative leader since his government
was defeated by the liberals in 2015, making a rare but significant appearance to build
momentum for the conservatives as they try to win back their lead in the
polls.
Olivia Estefanovic, CBC News, Nisku, Alberta.
The Liberal and the NDP leaders are both out west today.
Mark Carney held a rally for supporters in Richmond, BC last night.
He is keeping his message focused on the battle against U.S. tariffs.
The Americans understand money, lawyers, and Fox News.
So we're fighting them with tariffs,
we're fighting them in the courts,
and as I said last night, I wasn't joking.
We sent Doug Ford down onto Fox News to home.
And he's doing a damn good job, he's doing a damn good job.
Jagmeet Singh is also in the lower mainland.
The NDP leader will join the picket line besides striking workers with the BC General Employees
Union and he's also scheduled to meet the union of British Columbia Indian Chiefs Grand
Chief Stuart Phillip.
Green Party co-leader Elizabeth May is in Guelph, Ontario again today.
She's expected to unveil her party's healthcare platform.
Iran's foreign minister is confirming
there will be high-level indirect talks between the US
and Iran this weekend.
US President Donald Trump says Iran cannot have nuclear weapons,
and he signaled yesterday he wanted to reach a deal.
As Crystal Gomancing reports,
these talks could enhance regional security.
I think if the talks aren't successful with Iran, I think Iran is going to be in great danger.
U.S. President Donald Trump says Iran can't have nuclear weapons, and a deal is preferable,
but not the only option on the table. It was Trump in 2018 who pulled the US out of the JCPOA,
the Obama-era Accord Restricted Iran's Civilian Nuclear Enrichment Program, providing some
assurances it could not pose an enhanced threat to regional partners, including Israel.
Well, this is a really important step forward.
Sanam Vakil is the director of the Middle East and North Africa program at Chatham House,
a U.K.-based policy institute.
This time around, he is trying to pressure through more sanctions and oversight of those
sanctions as well as threatening the Iranians that there might be military activity.
But the aim is, yet again, to get that bigger, better deal.
There is deep mistrust on both sides. Iran's supreme leader last month said negotiations
with the U.S. would not be wise or honorable. Overnight, Abbas Arachi, Iran's foreign minister,
posted on social media that Saturday's talks would be an opportunity for the U.S. as well as a
test. He is expected to be involved in the talks this weekend with U.S. special
envoy to the Middle East, Steve Witkoff. Crystal Gamansing, CBC News, London.
Ukrainian President Volodymyr Zelensky says his troops have captured two
Chinese fighters working with Russia in eastern Ukraine.
He says this is an important moment he needs to discuss with Ukraine allies.
Here is Zelensky speaking through an interpreter.
I understand that we are a strong country, but we cannot fight multiple countries at
the same time, all of whom want something on our land.
He says he hopes this incident will prompt the United States to speak with Ukraine more
often.
Ukraine's foreign minister has summoned the Chinese charge d'affaires to discuss this
incident.
At least 18 people are dead after the roof of a nightclub collapsed in the Dominican
Republic.
It happened early today in the capital of Santo Domingo.
Officials say more than 120 people were injured.
President Luis Abdenator wrote on social media that all rescue agencies are helping those
affected.
Several people are still feared trapped in the rubble.
It is not yet clear what caused the roof to collapse.
In Nova Scotia, some 2SLGBTQ plus people say they no longer feel as safe as they once did.
That's because of incidents of vandalism targeting the community.
Recently a sex shop and a bookstore in Halifax were vandalized three times in one month.
The CBC's Andrew Lamb reports.
These incidents have made Kay Skinner feel less safe.
The vice chair of Lunenberg County Pride says she sometimes
intentionally hides her queerness to avoid hate.
It's really hard knowing that I've done so much work to be an
openly queer woman for myself, that I'm now having to go back
to a space where I'm
pretending that I'm not part of the 2SLGBTQI community in specific community
spaces. In Halifax, the most recent incident of vandalism at the iconic
queer-owned store Venus Envy included a handwritten letter left in the doorway.
The store said in a statement that the letter referenced the extermination of
queer people.
Jay Roy is trans and owns a comic shop in the municipality.
He says he was heartbroken to hear what happened.
It's not the first time we've seen it, unfortunately, this kind of act in Nova Scotia.
Helen Kennedy is head of the Canadian advocacy organization EGAL.
She believes hate has been emboldened by US President Donald Trump's executive orders
targeting the 2SLGBTQ plus community.
Now it's basically giving people permission to engage in these types of negative
discriminatory activities towards members of the 2SLGBTI community, in particular
trans and gender diverse people.
But Kennedy says the hate was already here in Canada regardless of what's happening in the US
and that we all need to take responsibility for that.
Andrew Lamb, CBC News, Hello Facts.
And that is the latest national and international news from World Report News Anytime at cbcnews.ca.
I'm Arsia Young. For more CBC podcasts, go to cbc.ca.