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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 ....
counter offensive against russian forces. in a rare interview, oleksiy danilov describes the planned assault as an historic opportunity . now on bbc news.political thinking with nick robinson. hello and welcome to political thinking, a conversation with rather than an interrogation of someone who shapes our political thinking about what has shaped theirs. every so often there s an issue that bubbles up. if you ll forgive the metaphor, and reaches beyond the westminster bubble. the issue we re talking about today is the issue of sewage, the quality of our waterways, our rivers and our seas. my my guest this week is the man who is insured that no political figure can and should ignore the question of the waterways. he is keen angler, campaigner, and original lead singer with the undertones, fergal sharkey, a man who left the stage in order to campaign for musician s right before taking up his current position another one of the country s leading environmental campaigners ....
the global monetary pivot that was what some commentators were declaring on wednesday, after the us federal reserve said it had probably finished raising interest rates, and signalled it was planning to start cutting them next year. but clearly, neither the european central bank nor the bank of england got the memo. they left their rates on hold and said it was too early to talk about cutting them. in fact, here in the uk, three members of the bank of england monetary policy committee actually voted to raise the interest rate above its current level of 5.25%. the bank is worried that inflation the rate that prices are rising is still not under control. our economics editor faisal islam reports # last christmas, i gave you my heart.# liverpool s christmas market the festive spirit is here, but little sign of a marked upturn in the economy. people here continuing to have to cope with new surges in the cost of living, even as inflation slows. i sold my car last wee ....
on the debt ceiling. this is all about the amount of money the us government is allowed to borrow which has a self imposed limit, a ceiling. without a raise, this would leave the us unable to pay its bills. on tuesday, president biden met with top lawmakers in washington, who are currently blocking raising that ceiling but they came away without a breakthrough. nomia iqbal was there. both sides came out of the meeting which lasted more than an hour, announcing there was no deal. both showing they are entrenched in their positions. the republican speaker of the house, kevin mccarthy, attacked president biden for not negotiating. his opponents came out a short while either later saying republicans refused to take default off that table and mrjeffries called the publicly party as a party of magyar extremists. they have two weeks otherwise the us will default to not pay their bills and it would lead to economic ruin, leading to stock markets plummeting and millions ofjobs ....
civil servants just staff. but with nurses, teachers, civil servants just some - staff. but with nurses, teachers, civil servantsjust some of - staff. but with nurses, teachers, civil servantsjust some of those | staff. but with nurses, teachers, l civil servantsjust some of those in civil servants just some of those in dispute, we have one big question this morning can we avoid a summer of strikes? in the last half hour, the health secretary has written to pat cullen, the woman who ll lead the nurses onto the picket lines for their most serious strike. she s here in the studio. and so will be the the cabinet minister, tory chairman, greg hands. how will the government stop that strike from happening? but you might wonder, does labour have a better answer? the shadow health secretary, wes streeting, is with us. and we ll lift our eyes to the heavens thejupiter icy moons explorer begins its eight yearjourney hunting for life beyond earth. professor carole mundell i ....