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Transcripts For BBCNEWS BBC News 20241002

In northern israel. The us Defense Secretary Lloyd austin has given his support to israels objectives after speaking with with his counterpart, yoav gallant. Mr austin also warned iran it faced Grave Consequences if it carried out a direct attack against israel in support of hezbollah. This is the scene in beirut where explosions have continued overnight in the capitals southern suburbs. Israel had ordered the evacuation of 3 areas. These pictures show explosions and smoke rising near beirut international airport. There have also been reports of an Air Strike hitting a crowded palestinian Refugee Camp near the southern lebanese city of sidon. Syrian State Media says that 3 people have been killed by israeli ....

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Transcripts For BBCNEWS Business Today 20241002

And what would you do with a spare 25 Billion Euros . Thats the question facing the irish Government Today as it delivers its budget following a huge Tax Windfall from Tech Firms. Live from london, this is business today. Im lukwesa burak. We start in the us where in the last 30 minutes tens of thousands of East And Gulf Coast Port workers have started striking for the first time in nearly 50 years. This comes after the international longshoremen s association and the us Maritime Alliance were unable to reach an agreement on the terms of their contract. The strikes will halt trade in a wide range of goods ....

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Transcripts For BBCNEWS Business Today 20241002

The two major sticking points between the international longshoremen S Association and us Maritime Alliance are wages and automation. Workers are unhappy with the current contract, which spanned the pandemic, when Dock Workers stayed on the job and endured months of soaring inflation on automation, the Union Boss has been warning Dock Workers that their jobs could be replaced by machines. In response, the us Maritime Alliance has said its offering to keep the current ban on fully automated equipment. A strike could cost the us economy 5 Billion a day, according to
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Transcripts For BBCNEWS BBC News 20241002

The Israeli Military has been describing it as a targeted, localised limited incursion so far. We had some details from a senior israeli Security Official, saying that these are local raids, very limited in scope, in the area, so no crashes happening so no clashes happening at the moment between israeli forces and hezbollah fighters in the south according to this senior israeli official. Obviously hezbollah has remained defiant. Yesterday, we heard from the Groups Number two who said that hezbollah fighters were ready to confront any israeli invasion. This is a part of the country that is a hezbollah stronghold. Obviously after two weeks of widespread israeli Air Strikes, high profile assassinations, hezbollah has been weakened, its leadership has been almost compl ....

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Transcripts For BBCNEWS Business Today - NYSE Opening Bell 20241002

0ur Correspondent Michelle Fleury is at the Port Of Newark in newjersey. Tell us what s going on there and all along the coast. We know the strike is about wages and automation, what s going on with the talks . Right now theres not much going on on on the docks, normally you might see some of the grains over their moving, containers being loaded, and off loaded from giant containerships, but all of that stopped at midnight last night. That is when the Master Contract between the union workers and the us Maritime Alliance expired, and the fight over wages and automation continues to rage and there is little agreement between them on this issue. So right now we are one of the Picket Lines here in ....

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