WEBVTT 1 00:00:14.250 --> 00:00:20.110 Good morning. It's twenty past six in the morning on Saturday the 24th of October. 2 00:00:20.230 --> 00:00:23.040 This is Not Perfect News. I'm James. 3 00:00:23.160 --> 00:00:24.060 And I'm Julie. 4 00:00:24.180 --> 00:00:25.630 Here are today's main stories. 5 00:00:25.750 --> 00:00:30.580 Seven people have been killed in a gunman attack at a church funeral in Jordan. 6 00:00:30.700 --> 00:00:34.890 A magnitude seven earthquake has struck the remote region of Tibet. 7 00:00:35.010 --> 00:00:42.160 The British government is urging emergency preparedness as ministers advise the public against stockpiling alcohol. 8 00:00:42.280 --> 00:00:51.610 Coming up, artificial intelligence, technology, and today's feature: AI stocks fall globally amid surging datacenter costs and rising oil prices. 9 00:00:51.730 --> 00:00:56.640 This programme is researched and voiced using AI, and every source is on our website. 10 00:00:56.760 --> 00:00:58.400 Here's Julie with the world news. 11 00:00:59.100 --> 00:01:06.010 Thanks, James. Seven people have been killed and dozens injured after gunmen opened fire at a church funeral in Jordan. 12 00:01:06.130 --> 00:01:09.630 Jordanian authorities are treating the shooting as a terrorist act. 13 00:01:09.750 --> 00:01:14.740 A magnitude seven earthquake has struck Tibet, leaving at least sixteen people dead. 14 00:01:14.860 --> 00:01:18.920 Hundreds of homes have collapsed in the northern regional city of Nagqu. 15 00:01:19.040 --> 00:01:23.380 United States President Donald Trump has praised UK Prime Minister Andy Burnham. 16 00:01:23.500 --> 00:01:27.990 The praise follows the government decision to approve production at the Jackdaw gas field. 17 00:01:28.110 --> 00:01:29.940 Here's James with the UK news. 18 00:01:30.640 --> 00:01:42.750 Thanks, Julie. The government has launched a three year campaign urging households to keep three days of emergency supplies at home. Andy Burnham has advised the public against stockpiling alcohol in their emergency kits. 19 00:01:42.870 --> 00:01:53.780 The Duchess of Sussex says she is deeply distressed over allegations involving child sexual abuse images against her father. Authorities in the Philippines are investigating Thomas Markle following the claims. 20 00:01:53.900 --> 00:02:06.460 Australian Greens Senator Jordon Steele-John will not attend parliament after facing allegations of serious misconduct towards women. The senator has denied the claims, alleging that an internal faction is playing political games. 21 00:02:06.580 --> 00:02:09.170 Here's Julie with the technology and AI news. 22 00:02:09.870 --> 00:02:17.560 Thanks, James. Spains main opposition party has sparked outrage and a legal complaint by using a deepfake in an election video. 23 00:02:17.680 --> 00:02:22.600 The party defended the move as a tool to highlight political hypocrisy rather than deceive voters. 24 00:02:22.720 --> 00:02:29.940 Meta has approved a new agreement to assist chief executive Mark Zuckerberg with a potential California wealth tax. 25 00:02:30.060 --> 00:02:35.110 The arrangement provides him with a new class of stock and dividends to cover tax liabilities. 26 00:02:35.230 --> 00:02:36.780 Here's James with today's feature. 27 00:02:37.480 --> 00:02:44.860 Thanks, Julie. Artificial intelligence stocks dropped sharply on Thursday, and that dragged financial markets lower across the globe. 28 00:02:44.980 --> 00:02:51.010 The market downturn coincided with a sudden surge in oil prices to their highest levels since May. 29 00:02:51.130 --> 00:02:59.150 That jump came amid growing concerns regarding potential conflict with Iran, prompting investors to seek safe haven assets. 30 00:02:59.270 --> 00:03:05.060 As a result, the benchmark S and P five hundred suffered its worst single day since July. 31 00:03:05.180 --> 00:03:11.610 At the same time, United States Treasury yields fell sharply as investors rushed to buy government bonds. 32 00:03:11.730 --> 00:03:17.680 For ordinary people, this sudden shift matters because it tests the true resilience of the broader stock market. 33 00:03:17.800 --> 00:03:23.600 It also raises questions about the long term financial sustainability of the current technology boom. 34 00:03:23.720 --> 00:03:27.840 Analysts are currently debating the exact drivers behind this widespread sell off. 35 00:03:27.960 --> 00:03:36.400 Some experts argue that soaring energy prices and heavy datacenter expenditure will severely squeeze the profit margins of major tech firms. 36 00:03:36.520 --> 00:03:43.120 They point out that geopolitical instability in the Middle East poses a persistent threat to continued technology sector growth. 37 00:03:43.240 --> 00:03:48.740 On the other hand, optimists believe that market corrections help flush out speculative excess from the system. 38 00:03:48.860 --> 00:03:55.010 They suggest this creates healthier valuations for the long term development of artificial intelligence infrastructure. 39 00:03:55.130 --> 00:04:02.160 Others add that the strong demand for safe haven assets demonstrates the underlying depth of global financial mechanisms. 40 00:04:02.280 --> 00:04:08.460 Looking ahead, the duration of the oil price surge and its long term impact on supply chains are yet to be determined. 41 00:04:08.580 --> 00:04:15.600 The exact extent to which rising datacenter operational costs drove the sell off also remains unquantified. 42 00:04:15.720 --> 00:04:22.080 High infrastructure costs and traditional macroeconomic shocks are simply colliding in real time. 43 00:04:22.200 --> 00:04:28.410 It turns out that even the most advanced intelligence in the world still needs a lot of oil to keep the lights on. 44 00:04:28.530 --> 00:04:34.240 It really does make you wonder how much power a simple server rack actually consumes on a busy Tuesday. 45 00:04:34.360 --> 00:04:39.110 Well, enough to make the global markets twitch whenever the price of crude oil ticks upward. 46 00:04:39.230 --> 00:04:42.380 Quite a heavy price to pay for the future of digital innovation. 47 00:04:43.080 --> 00:04:46.220 Before we go, a reminder of today's main stories. 48 00:04:46.340 --> 00:04:51.480 Seven people have been killed in a gunman attack at a church funeral in Jordan. 49 00:04:51.600 --> 00:04:55.870 A powerful magnitude seven earthquake has struck the remote region of Tibet. 50 00:04:55.990 --> 00:05:00.930 You'll find all our sources, the transcript and chapters at news.notperfect.biz. 51 00:05:01.050 --> 00:05:05.800 This programme is made with AI, so please check the linked sources for anything important. 52 00:05:05.920 --> 00:05:08.070 That's all from us this morning. I'm Julie. 53 00:05:08.190 --> 00:05:10.860 And I'm James. Thanks for listening, and goodbye.