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Transcripts For BBCNEWS BBC News 20240706

japan says north korea s latest missile test is outrageous and unacceptable, after it fired a suspected medium or long range ballistic missile into the sea of japan. it prompted the japanese government to tell residents on the island of hokkaido to seek shelter, but the missile splashed down outside its territory. jean makenzie has more seoul. north korea has launched a suspected long range missile this morning, potentially an intercontinental ballistic missile. so these are the missiles that can, in theory, reach all the way to the us mainland. it appeared for one moment this morning that it was going to touch down very close to japanese territory. or at least that s what the japanese government thought when they issued that warning to the residents on hokkaido. but, actually, north korea has done what it normally does when it fires these long range missiles it s fired it right up into space. but what this false alarm shows is that this region is now on high alert when it

Transcripts for BBCNEWS BBC News 20240604 08:41:00

for february do as you say showed zero growth in february. that is flatlining pretty much. now, this is an estimate but it is lower than people thought it would be. but you have to offset that against what happened the previous month. if we go back to january, the initial estimate in january was of go back to january, the initial estimate injanuary was of growth of 0.3%. that has been upgraded to 0.4%. it might not sound like much but it is significant. so overall, what this means is we are about where economists thought where we should be that growth is a very, very light, if at all. what we are not seeing is a consistent picture. so the retail sector, for example, has actually been doing rather well. people have been flocking to the shops, even though there is a cost of living crisis, even though people are struggling to pay their bills, they are going to shop and especially discount stores. another sector which did rather better than expected was construction, which is well above wh

Transcripts for BBCNEWS Outside Source 20240604 18:38:00

they been conducting those strikes leading to critical ukrainian national infrastructure and i would expect them to continue.- national infrastructure and i would expect them to continue. thank you for “oininu expect them to continue. thank you forjoining us- let s look at another element of the war in ukraine now. we ve just heard the latest assessment from the international monetary fund and it has cut its global growth forecasts because of the conflict. the imf makes bi annual assessments. let s look at key elements of this latest one. it mentions unsurprisingly ukraine and says economy is forecast to suffer a 35 % collapse this year. also unsurprisingly, it mentions heavily sanctioned russia where economic output is forecast to drop by 17 %. the imf has also revised its growth forecast in the eurozone to 2.8 percent, down nearly 1% from its estimate injanuary. it says germany that s europe s biggest economy will take the heaviest hit, because of its reliance on ru

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