Concerns Trump tariff threat could trigger Canada recession
Jan 7, 2025
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Concerns are rising in Canada about a potential recession due to looming U.S. tariff threats. This situation is compounded by significant political changes, including the recent resignation of the Prime Minister, prompting discussions on trade diversification. President Biden's offshore drilling ban reflects a commitment to environmental policy amidst energy debates. Meanwhile, New York introduces a new congestion charge, sparking debates about urban transit challenges and equitable solutions for working-class citizens.
Business leaders express major concerns over potential recession risks in Canada stemming from Trump's tariff threats.
Biden's ban on new offshore drilling reflects significant environmental policy changes impacting the energy sector in the U.S.
Deep dives
The Radical Power of Youth
The podcast highlights the extraordinary impact that young individuals have had throughout history, demonstrating the radical power of youth in driving social change and resistance. It features stories of twelve remarkable young people, including figures like Nelson Mandela, who challenged injustices and fought against oppression, and Lakshmi Bhai, India's warrior queen, who led her troops against the British Empire. These narratives emphasize the urgency and fervor with which young people address societal issues, often risking their lives for their beliefs. The common thread in these tales is the willingness of youth to act on their convictions, showcasing that significant change can emerge from passionate, youthful endeavors.
Historical Figures and Their Courage
The episode draws attention to various historical figures who exemplify bravery and commitment to their principles, ranging from artists to athletes. It discusses Julian of Norwich, one of the first female authors in English, who chose isolation to pursue her writing and spiritual beliefs, and Lady Jane Grey, who faced execution rather than renounce her faith. The stories reflect a profound level of personal sacrifice and moral conviction, illustrating how these individuals inspired others by prioritizing a greater cause over their own safety. Such narratives serve not only to inform listeners of past struggles but also to motivate younger generations to uphold their principles and create change.
Forgotten Heroes and Their Legacy
The podcast also sheds light on lesser-known yet significant figures, such as Vasily Arkhipov, whose actions arguably prevented a nuclear disaster during the Cold War. His critical decision-making under extreme pressure exemplifies how the courage of individuals, often unrecognized, can have far-reaching consequences. These stories remind us of the diverse forms heroism can take, showing that historical impact is not always associated with fame or recognition. By narrating these accounts, the podcast seeks to inspire listeners to acknowledge the sacrifices made by young leaders throughout history and the critical role they play in shaping our world.
The Canadian Federation of Independent Business tells the BBC that business fears a recession as a result of Donald Trump’s tariff threats. Also, President Jo Biden announces a ban on new offshore oil and gas drilling in most US coastal waters. And how popular is New York's newly introduced congestion charge?
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