{
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  "segments": [
    {
      "speaker": "James",
      "startTime": 14.25,
      "endTime": 18.68,
      "body": "Good morning. It's quarter past six in the morning on Friday the 6th of November."
    },
    {
      "speaker": "James",
      "startTime": 18.8,
      "endTime": 21.0,
      "body": "This is Not Perfect News. I'm James."
    },
    {
      "speaker": "Julie",
      "startTime": 21.12,
      "endTime": 21.94,
      "body": "And I'm Julie."
    },
    {
      "speaker": "James",
      "startTime": 22.06,
      "endTime": 24.06,
      "body": "Here are today's main stories."
    },
    {
      "speaker": "James",
      "startTime": 24.18,
      "endTime": 28.44,
      "body": "Donald Trump issues a warning regarding potential military action in Iran today."
    },
    {
      "speaker": "James",
      "startTime": 28.56,
      "endTime": 32.89,
      "body": "The California governor has commuted all death row sentences in the state."
    },
    {
      "speaker": "James",
      "startTime": 33.01,
      "endTime": 36.46,
      "body": "The Bank of England raises interest rates to four per cent."
    },
    {
      "speaker": "James",
      "startTime": 36.58,
      "endTime": 46.64,
      "body": "Coming up, artificial intelligence, technology, and today's feature: Nasdaq Suffers Worst Day in 18 Months Amid AI Slowdown and Regulatory Concerns."
    },
    {
      "speaker": "James",
      "startTime": 46.76,
      "endTime": 51.56,
      "body": "This programme is researched and voiced using AI, and every source is on our website."
    },
    {
      "speaker": "James",
      "startTime": 51.68,
      "endTime": 53.61,
      "body": "Here's Julie with the world news."
    },
    {
      "speaker": "Julie",
      "startTime": 54.31,
      "endTime": 59.63,
      "body": "Thanks, James. Donald Trump has stated that the United States may have to destroy the rest of Iran."
    },
    {
      "speaker": "Julie",
      "startTime": 59.75,
      "endTime": 65.44,
      "body": "Reports also indicate that Iran has sent a nuclear proposal to Washington through Qatari mediators."
    },
    {
      "speaker": "Julie",
      "startTime": 65.56,
      "endTime": 74.24,
      "body": "California Governor Gavin Newsom has commuted the death sentences of all five hundred and forty-eight inmates on death row to life in prison without parole."
    },
    {
      "speaker": "Julie",
      "startTime": 74.36,
      "endTime": 80.38,
      "body": "Elon Musk spent nearly four hundred and seventy-four million dollars supporting Republican candidates in the midterms."
    },
    {
      "speaker": "Julie",
      "startTime": 80.5,
      "endTime": 85.64,
      "body": "Despite this record spending, Democrats still secured majorities in both houses."
    },
    {
      "speaker": "Julie",
      "startTime": 85.76,
      "endTime": 87.63,
      "body": "Here's James with the UK news."
    },
    {
      "speaker": "James",
      "startTime": 88.33,
      "endTime": 94.61,
      "body": "Thanks, Julie. The Bank of England has raised interest rates from three point seven five per cent to four per cent."
    },
    {
      "speaker": "James",
      "startTime": 94.73,
      "endTime": 99.7,
      "body": "All nine members of the committee backed an increase, marking the first rise in over three years."
    },
    {
      "speaker": "James",
      "startTime": 99.82,
      "endTime": 106.22,
      "body": "Comedian Russell Brand has been found guilty of one count of rape and three counts of sexual assault at Southwark Crown Court."
    },
    {
      "speaker": "James",
      "startTime": 106.34,
      "endTime": 110.94,
      "body": "He has been remanded in custody and now faces a significant prison sentence."
    },
    {
      "speaker": "James",
      "startTime": 111.06,
      "endTime": 118.21,
      "body": "Metropolitan Police Commissioner Sir Mark Rowley is warning that policing faces failure without major structural reform."
    },
    {
      "speaker": "James",
      "startTime": 118.33,
      "endTime": 124.52,
      "body": "He argues that consolidating the forty-three separate forces is essential to tackle modern crime."
    },
    {
      "speaker": "James",
      "startTime": 125.22,
      "endTime": 129.5,
      "body": "The Nasdaq share index has suffered its worst day in eighteen months."
    },
    {
      "speaker": "James",
      "startTime": 129.62,
      "endTime": 133.17,
      "body": "The index dropped five point five per cent during trading on Thursday."
    },
    {
      "speaker": "James",
      "startTime": 133.29,
      "endTime": 139.4,
      "body": "This sharp decline wiped out more than two trillion dollars in market value by the close of the day."
    },
    {
      "speaker": "Julie",
      "startTime": 139.52,
      "endTime": 145.11,
      "body": "Investors are increasingly worried about a potential slowdown in the artificial intelligence sector."
    },
    {
      "speaker": "Julie",
      "startTime": 145.23,
      "endTime": 152.32,
      "body": "The Guardian reports that markets are also reacting to the prospect of tougher regulation following the recent midterm election results."
    },
    {
      "speaker": "Julie",
      "startTime": 152.44,
      "endTime": 158.96,
      "body": "Some analysts argue that the massive spending on infrastructure may take much longer to generate real profits than many had hoped."
    },
    {
      "speaker": "Julie",
      "startTime": 159.08,
      "endTime": 167.67,
      "body": "Others remain optimistic, noting that market corrections are a normal part of the economic cycle and help clear out unsustainable valuations."
    },
    {
      "speaker": "Julie",
      "startTime": 167.79,
      "endTime": 171.55,
      "body": "Despite the volatility, companies are pushing ahead with their plans."
    },
    {
      "speaker": "Julie",
      "startTime": 171.67,
      "endTime": 178.9,
      "body": "Airbnb has confirmed it intends to release an artificial intelligence travel agent in the first half of twenty twenty-seven."
    },
    {
      "speaker": "James",
      "startTime": 179.02,
      "endTime": 187.05,
      "body": "Market watchers will now be looking to see if these regulatory fears lead to actual policy changes or if this was simply a period of profit-taking."
    },
    {
      "speaker": "James",
      "startTime": 187.17,
      "endTime": 194.05,
      "body": "The long-term success of the sector now depends on how quickly these expensive technologies can become profitable consumer products."
    },
    {
      "speaker": "James",
      "startTime": 194.17,
      "endTime": 198.36,
      "body": "It seems the machines might be smart, but the markets are feeling a bit nervous."
    },
    {
      "speaker": "Julie",
      "startTime": 198.48,
      "endTime": 202.82,
      "body": "Two trillion dollars is quite the figure to lose in a single afternoon."
    },
    {
      "speaker": "James",
      "startTime": 202.94,
      "endTime": 209.14,
      "body": "That two trillion figure represents a sharp recalibration of risk across the entire technology sector."
    },
    {
      "speaker": "James",
      "startTime": 209.26,
      "endTime": 214.23,
      "body": "Trading floors saw heavy selling pressure from the opening bell right through to the closing whistle."
    },
    {
      "speaker": "Julie",
      "startTime": 214.35,
      "endTime": 220.47,
      "body": "Portfolio managers are reassessing how quickly massive capital investments can be converted into actual revenue."
    },
    {
      "speaker": "Julie",
      "startTime": 220.59,
      "endTime": 227.29,
      "body": "Uncertainty remains around whether upcoming political changes will translate into directly restrictive technology legislation."
    },
    {
      "speaker": "James",
      "startTime": 227.41,
      "endTime": 234.28,
      "body": "That legislative question is creating a cautious atmosphere among institutional investors holding large tech positions."
    },
    {
      "speaker": "James",
      "startTime": 234.4,
      "endTime": 239.84,
      "body": "Observers are watching to see if current drops reflect structural demand issues or simply profit-taking."
    },
    {
      "speaker": "Julie",
      "startTime": 239.96,
      "endTime": 246.14,
      "body": "Major firms are continuing their long-term development roadmaps despite the sudden turbulence on the trading floors."
    },
    {
      "speaker": "Julie",
      "startTime": 246.26,
      "endTime": 252.04,
      "body": "Airbnb shared its timeline with shareholders to reassure the market of its ongoing product innovation."
    },
    {
      "speaker": "James",
      "startTime": 252.16,
      "endTime": 257.64,
      "body": "Whether consumers embrace these new travel tools at scale will be a major test for the industry."
    },
    {
      "speaker": "James",
      "startTime": 257.76,
      "endTime": 263.31,
      "body": "For now, the focus shifts back to macroeconomic data and upcoming policy statements from Washington."
    },
    {
      "speaker": "James",
      "startTime": 263.43,
      "endTime": 266.27,
      "body": "It certainly makes for a very expensive Thursday."
    },
    {
      "speaker": "Julie",
      "startTime": 266.39,
      "endTime": 270.42,
      "body": "I suppose we will have to see if that travel agent is worth the wait."
    },
    {
      "speaker": "Julie",
      "startTime": 271.12,
      "endTime": 274.11,
      "body": "Before we go, a reminder of today's main stories."
    },
    {
      "speaker": "Julie",
      "startTime": 274.23,
      "endTime": 277.85,
      "body": "Donald Trump has issued a threat regarding potential military action in Iran."
    },
    {
      "speaker": "Julie",
      "startTime": 277.97,
      "endTime": 282.16,
      "body": "The California governor has commuted all death row sentences in the state."
    },
    {
      "speaker": "Julie",
      "startTime": 282.28,
      "endTime": 286.91,
      "body": "You'll find all our sources, the transcript and chapters at news.notperfect.biz."
    },
    {
      "speaker": "Julie",
      "startTime": 287.03,
      "endTime": 292.08,
      "body": "This programme is made with AI, so please check the linked sources for anything important."
    },
    {
      "speaker": "Julie",
      "startTime": 292.2,
      "endTime": 294.41,
      "body": "That's all from us this morning. I'm Julie."
    },
    {
      "speaker": "James",
      "startTime": 294.53,
      "endTime": 297.8,
      "body": "And I'm James. Thanks for listening, and goodbye."
    }
  ]
}