World Report May 09: Friday's top stories in 10 minutes
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May 9, 2025 Pope Leo XIV makes headlines as he holds his first Mass at the Sistine Chapel. Tensions rise as the US vice-president states the India-Pakistan conflict isn't America's business. Oil prices are falling, stirring economic concerns for Canada and the US. Meanwhile, Putin frames the Ukraine war as a fight against fascism, despite numerous ceasefire violations. In a high-stakes legal scenario, the challenges faced by a witness in a sex assault trial unfold. Lastly, a Soviet-era spacecraft is set to re-enter Earth’s atmosphere, raising eyebrows.
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American Pope Inspires Optimism
- Pope Leo XIV, the first American-born pope, has inspired widespread optimism and celebration across the U.S.
- From Villanova University to Los Angeles cathedrals, his international background resonates widely.
U.S. Non-Intervention Stance
- U.S. Vice President J.D. Vance states the India-Pakistan conflict is not America's business.
- The U.S. prefers encouraging de-escalation over direct involvement in the nuclear neighbors' conflict.
Oil Price Impacts Differ North America
- Oil price drops to $60 per barrel since January are hurting U.S. producers more than Canadian ones.
- Canadian firms maintain profitability with stronger cost structures, benefiting from a weaker dollar.