Employees who have been out of work now for months. The Second Quarter Gross Domestic Product plummeted 32. 9 between april and june. Thats almost a full third and its the sharpest decline we have seen in u. S. History. The drop in gdp is nearly 4 times worse than it was at the peak of the financial crisis in the Fourth Quarter of 2008 the previous record was 10 in the First Quarter of 1958. Turning over to the stock market and see how stocks are reacting to this dire news. The dow jones is down by almost 200 points, just a little bit more than that right now. S p is suffering a loss of not quite one half of 1 . The nasdaq is the only right spot if you count the addition of 52 points. Nasdaq is up by one half of 1 . You can see stocks mostly regained their footing after a very steep drop at the opening bell and after we got that labor news. Californias jobless claims were down last week despite a nationwide increase. Our state reported 249,000 workers filed firsttime claims during the
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Under attack in response to the argentinians withdrawing from a Cooperation Agreement over the Falkland Islands, the foreign secretary has announced a visit to the overseas territory in solidarity. But another overseas territory is under attack too , territory is under attack too, too. Britain is set to hand over the Chagos Islands to an ally of the Chagos Islands to an ally of the Chinese Communist ists amidst a contentious un court ruling. State of the nation starts now. Starts now. To defiantly holding the state of the nation flabellum tonight is britains longest ever serving political editor. Now proudly gb news senior commentator , the great nigel commentator, the great nigel nelson. As always , i want to nelson. As always, i want to hear from you. Its a crucial part of the programme. Email me mail mog at gbnews. Com. But now thats what weve been waiting for news day with for the news of the day with polly middlehurst. Jacob thank you and good evening to you. Well, the top story t
Youre watching dw news agent coming up today, an interview with 3 loc as president ronald week reminiscing that his government is under pressure as it tries to spear the country out of economic crisis, while facing calls for accountability over its past. The w ask some difficult questions of demand and power. More right to ask me to put well, i think the Public Interest in the question, i thought the my name is melissa chan, thanks for joining us. We take a closer look at sri lanka today with a special d. W interview with president , brand new york, with grimacing that the country has faced crisis after crisis. Both political and economic. And there is no clarity on how the government and the people can recover and get back on their feet. We start with an overview of the state of that nation as just over a year ago, protestors and colombo storms. The president ial residents, angered by months of blackouts, fuel and food shortages. They demanded a new leader. What they got was one you w
Scrub. And what is the worst terrys epi side . Why . Why, why do, why do treat tentative for rest . Take good. I dont, i actually dont. Uh, i, you know, a lot of good things here. So a lot of people would be good. So is this just, i mean, you know, i dont know why. Yeah. You only asking, tentative, so im not asking so far what im saying. So theres a very just a 2nd. Theres a very concrete accusation window section of the b i. Yes. Because the media view that conversation, why should i do it . Well, i mean, im all my time getting that medical session, the form of data thought c id has made documentation. Why do you want to talk . No, its, its really not just trial for the Public Church on the scene for an investigation. Thats actually a farmer, precedent under whom you served. Look, i mosque, you thought you didnt ask me that when i press 2 and you said that uh that the want to that the follow up is have been tasked. So you, you gave me the generator for the book has got splitting the a