let s speak to james smith, developed markets economist at ing. people are talking of a mild recession. what does that mean? quite often when we talk about recessions and the gdp numbers we think of two courses of negative growth being a technical recession. but that doesn t always feel like a recession to people. when we see a recession to people. when we see a recession we associate it with widespread job losses, people spending less money, people trying to save more, because they re uncertain about what is to come. we are not necessarily seeing that now. the fall in gdp we saw in the third quarter was small, we might see another slight fall in the fourth quarter. but it is not comparable to recessions in the past such as 2008 and the covid recession. so it is worth putting that in context. fix, worth putting that in context. a recession is two sets of three months where growth has been negative. in terms of what it means for people, what will this mean? the uk economy is
a mild recession . earlier i spoke to james smith. so we talk about recessions and the gdp numbers. us economists, we often think of two quarters of negative growth has been what we might call a technical recession. but i think it s worth remembering that doesn t always feel like a recession to people. often when we see a recession, we associate that with maybe widespread job losses, people spending a lot less money, people, you know, trying to save more because they re uncertain about what s to come. we re not necessarily seeing all of that right now. and of course, the fall in gdp we saw in the third quarter was very small, 0.i. we might see another slight fall in the fourth quarter, but it s not comparable to, you know, some of the famous recessions we ve seen in the past, 2008, of course, the covid recession as well. so it s worth putting that in context. just to let people know what recession is, it s two sets of three months. we ve seen growth negative in terms of wha
welcome to bbc welcome to bbc news. welcome to bbc news. police welcome to bbc news. police in welcome to bbc news. police in prague have revealed new details about 30 s mass shooting at charles university. iii about 30 s mass shooting at charles university. 1a were killed and a suspected gunman also died at the scene. police have linked the massacre to a deadly attack in a cheque for us last week and have confirmed that lenka hlavkova, the head of the institute of musicology, was one of those shot dead yesterday. i said the university people have been leaving flowers and candles and saturday has been declared a national day of mourning across the czech republic. at a news conference police showed bodycam video from officers and you can see them entering the building to find them entering the building to find the gunmen. police at the time between receiving the first emergency call and officers stepping into the building was four minutes. police said the gunman took his own l
Welcome, everybody live at the l. A. Times book festival. We hope youre having an extraordinary day. Welcome also are friends coming in via this recording for cspans book tv. We are thrilled to be with you. My name is martha jones and i have the distinct pleasure of moderating the panel today. The legacy of slavery through the generations. My first task is to introduce the extraordinary authors. I begin to my left. Carry greenwich is the author of the grimkes the legacy of slavery in an american family. Congratulations on being a finalist this year before the l. A. Times book prize. Rachel jamison webster, author of Benjamin Banneker and us 11 generations of an american family. Welcome, rachel. Williams, author of, i saw death coming, a history of terror and survival in the war against reconstruction. And, the author of master slave husband wife and epic journey from slavery to freedom. You can already hear where this conversation will go and i am thrilled to help facilitate it. To sta
right now in texas, the manhunt is intensifying for the suspect police say fatally shot five of his neighbors execution style. what we know about the victims including one who was just 9 years old. flood waters are still rising in parts of iowa as residents are using boats to salvage what they can from their underwater homes. we ll take you live to davenport. and on this international workers day, as many as 1 million demonstrators are taking to the streets of france amid president macron s decision to raise the nation s retirement age. we ll take you live to paris. and we begin with breaking news on the state of the u.s. banking system. overnight, federal regulators moved to close down first republic bank and sell its assets to jpmorgan chase. this morning first republic s 84 branches in eight states reopened as branches of jpmorgan chase. this is the third and actually the biggest u.s. bank to fail this year. it s also the second largest bank by assets to fail in u.s.