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traditional definition of being in a recession. the second quarter gross domestic product g.d.p. shrank at annual rate of nine tenths of a percentage point. that s the second straight quarterly deficit and that checks the box, historically considered as recessionary. president biden says it s no surprise the economy is slowing down because of inflation. but he insists he has the nation on the right path and, quote: it doesn t look like a recession to me. the president also spent time today on a call with his chinese counterpart in a time increasing tension with communist china. white house correspondent peter doocy starts us off tonight live from the north lawn. good evening, peter. peter: good evening, bret. the numbers are right there in black and white. the u.s. economy shrunk for a second consecutive quarter. but, until large, well-respected groups, nonpartisan groups of economists issue some sort of a formal declaration that a recession is underway, then official ....
by that, they mean temperatures of 90 degrees or more. let s get the read from mark meredith at the white house. you might recall that mark was whining about this just yesterday. on double duty now. how are you holding up, my friend? reporter: says the man in the air-conditioned studio. neil: i m going to turn the thermostat down a little more. [laughter] reporter: unbelievable. good morning from a very steamy white house. 88 degrees, we re expecting the high to be 97. we also expect the president to stay in the white house isolating. white house says we should be getting an update from the president s doctors a little bit later on today. they re not going to be providing that on camera, however, the white house has been going to great lengths to show that the president is still able to carry out his duties. late yesterday as we were coming on the area for air for your show, we saw the president holding an event with his commitment take, we team, and then at his ....
You say on the telly, we might not have any mps left if rishi sunak doesnt Change Course. And if youre paul scully, whos another former minister who was also on our programme, you say, its all looking pretty terrible and the party needs to take a breath, show some humility and stick to the centre. So its not a very pretty set of realities, but there are differing realities, but not a very pretty set of realities for rishi sunak today. So i offerfrom radio 4 land today Gavin Barwell, who was theresa mays adviser. Now, of course, she saw a chance to go for an election and was then humbled by it, was then replaced as Prime Minister. He said the conservatives are on course for a defeat, possibly a huge one. But he said keir starmer is not loved, hasnt necessarily got the blair power. Henry, whats your verdict now that all the ....
our royal correspondent, nicholas witchell, looks back at king charles first year on the throne. the end came amid the tranquillity of balmoral, exactly as the late queen had wanted. at 3:10, at the moment of her death, the crown passed and the reign of charles iii began. no british monarch had waited longer to succeed to the throne and few monarchs can have been as aware as he was of the scale of the challenge. to succeed such a revered sovereign and maintain the monarchy s position. on this, the first anniversary of the late queen s death, the king paid tribute to her. we recall with great affection, her long life, devoted service and all she meant to so many of us. i am deeply grateful too for the love and support that has been shown to my wife and myself during this year, as we do our utmost to be of service to you all. in the year since the late queen s death, the transition to charles has gone smoothly, perhaps more smoothly than many had expected. there s been a ....