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Transcripts For BBCNEWS World 20240706

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

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Transcripts For BBCNEWS BBC 20240706

one from the netherlands and two from the united arab emirates. all those killed were czech nationals. the shooting happened in the heart of prague as the gunman opened fire at charles university s faculty of arts in the city s old town, which is a major tourist attraction. authorities evacuated staff and students, who were told to stay put and lock themselves inside classrooms. as you can see from these pictures some climbed on to rooftops and window ledges to escape the gunfire. police said the gunman took his own life following the attack. he s been named by local media as 24 year old student david kozak. a member of the prague police force gave this description of the response to the incident using footage filmed by cameras mounted on police officers to illustrate what had happened. translation: this classroom was, the attack was three translation: this classroom was, the attack was three hours, translation: this classroom was, the attack was three hours, make

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Transcripts For BBCNEWS World 20240706

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

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Transcripts For BBCNEWS BBC 20240706

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

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