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And pharmaceuticals, to clothes and toys, with ports accounting for more than half imports in containers. If it extends for weeks, it could lead to shortages and high prices ahead of the presidential election. That is something the new york governor weighed in on. The potential for disruption is significant. We have not had an event like this in our ports since 1977 and that lasted 12 days. We are deeply concerned about the impact that a strike could have on our supply chains, especially when it comes to critical goods like medical supplies and others. Under the 1947 act, president biden has the authority to order workers back to work but the current administration said it would not intervene and encourages all parties to keep negotiating in good faith. The chairman of the federal reserve has dampened hopes of another big rate cut. He was speaking in tennessee and added the central bank was not in a hurry to cut rates. Indexes saw price falls during the speech but have since recovered. ....
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There are Reports Tonight that a us official says israel intends to launch a Ground Offensive in lebanon, which could begin as soon as today. Israeli tanks are gathering by the countrys northern border. Israels Defence Minister, who was visiting troops today, told them the next phase of the war will begin soon. Hezbollah has said its prepared for all out war. Lets go straight to lebanon and the capital beirut, anna foster. There is a realfeeling of momentum in the Middle East tonight, after the israeli Defence Minister told his troops on the board at that the military would use force by air, Sea And Land to achieve the aim of returning displaced israelis ....
Senior international correspondent has the latest from beirut. Israel waging war from the air in Southern Lebanon today. But there are growing signals that its planning a ground war, perhaps within hours. In beirut, israel has struck near the heart of the city, killing three palestinian militant leaders in this Apartment Block overnight. This attack marks a new moment. Were in the centre of the city here. The area is densely populated. Usually, these streets are full. Theres a major university just around the corner. The War Isnt confined to the hezbollah suburbs now, its right here and all the signs point to escalation. Hezbollah said today there could be a long war, in its first public address since israel killed its leader, hassan nasrallah, on friday. The armed Groups N ....