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Two countries. terms of power relations between the two countries- two countries. really good to have ou with two countries. really good to have you with us- two countries. really good to have you with us. thank two countries. really good to have you with us. thank you. two countries. really good to have you with us. thank you. we - two countries. really good to have you with us. thank you. we will. two countries. really good to have i you with us. thank you. we will keep a close eye on whether there are any further developments as far as lurch trade talks are concerned. as we said, the uk government are not expecting them to happen for a couple of months yet. in other news.. the uk economy has entered a significant downturn according to the latest manufacturing data. uk composite pmi unexpectedly fell to 47.9 in august, down from 50.8 a month earlier. analysts had forecast a reading of 50.3. anything below 50 indicates a contraction. analysts are blaming high interest rates for ....
Last month s purchasing managers index a measure of the health of the economy was 10.9. the figure was well below the 50.3 economists had forecast. faltering activity in the uk was mirrored in the eurozone, where the index fell to a 33 month low of a7. both figures will be closely monitored by bank of england and ecb policymakers ahead of their next interest rate decisions. joining me now is chris williamson, chief business economist at s&p global market intelligence. s&p global is the company behind the pmi data. good to see you. does this mean the uk is heading into a recession? mat uk is heading into a recession? not a recession uk is heading into a recession? iirrt a recession yet, but certainly a downturn. the figures are consistent with the economy contracting midway through the third quarter. we have seenin through the third quarter. we have seen in ice growth the spring after the problems of last autumn with the trust budgets and so forth, but ....
The actual ballot count. but i want to bring in nbc s so walk us through the latest on what you are hearing. yeah, lindsey. this is turning into a very tense election night in turkey. we just got some updated numbers via turkish state media. they are now saying more than 80% of ballot boxes are opened, and president erdogan is leading in something like 50.3% of the vote. a couple points ahead of his challenger. now, the key thing here is, if erdogan can stay above 50%, he will win this election in the first round. if he falls below it, then this is going to a second round. i should tell you, the opposition are saying, we should not trust what is coming out in state media. they say these ballot boxes are being selectively opened in an order that appears to make ....