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 and disrupt the Countrys Economy just as we enter the final weeks before the president ial election. Our North America Business correspondent Ritika Gupt the two major sticking points between international longshoreman s association and the us Maritime Alliance are wages and automation for the workers are unhappy with the current contract which spanned the pandemic and dockworkers st
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 Jp Morgan analysts. A range of Goods Flow through the East And Gulf coast ports, everything from raw materials and pharmaceuticals to clothes and toys, with the ports accounting for more than half of containerised imports. While consumers may not feel the impact of the strikes right away, if it extends for weeks, it could lead to shortages and higher prices ahead of the president ial election. Thats something new York Governo
Im sally bundock. We start here in the uk, where the Chancellor Rachel reeves will pledge A Budget To Rebuild Britain in her speech to the Labour Party Conference in liverpool today. Shes under pressure to provide some optimism after labours gloomy messaging on the state of the economy they inherited from the conservatives. But her controversial decision to Axe Winter Fuel payments for 10 Million pensioners threatens to overshadow her speech, with a vote challenging the move also expected today. Lets get more now from joe nellis, whos economic adviser to mha a Uk Accounting Firm And Professor of Global Economy at cranfield university. Good morning. There good morning. There was good morning. There was a good morning. There was a lot good morning. There was a lot of pressure on Rachel Reeves to change the music, to be more optimistic, what do you think . I think she will struggle to change the mood music. We are in a difficult position, the economy has been flatlining for the last coupl
A high ranking officers of the nazi regime mourned jointed by the allied forces. They were the 1st war criminals to be held accountable for their crimes. Our 2 part series the 3rd reich in the dark starts nov 12th on d w. 4 a rough touched out in an industry body warns that almost 200. 00 european airports are in danger of going bankrupt in the coming months as de coronavirus pandemic keeps battering the aviation sector also coming up with negotiations over a trade deal between britain and the European Union stalled Fruit Farmers in belgium are asking themselves what sort of ugly dense a no deal breaks it might leave. Program we start with fresh figures from germanys largest Financial Institution large bank has a 309000000 euro profit in the 3rd quarter of the year its sorely needed good news for the bank which had a disastrous year of 1000000000 euro losses in 29000 analysts warn the current news may be short lived though as the ongoing pandemic could reduce business but will need to
Coronavirus restrictions. At c. E. O. Iran last defies knocked on the orders to restart production at the companys kind of one year process he says hes willing to go to jail to keep the assembly minds rolling. Hello im christine want to welcome to the program the coronavirus and their make has brought the work of mrs into sharp focus as they struggle to care for patients suffering from close at 98 and today on International Nurses day nurses around the world all speaking out to demand better protection as they risked their lives to do their jobs this nurses day also marks the 200th anniversary of the birth of a pioneer of modern nursing Florence Nightingale. The original queen of hygiene Florence Nightingale she revolutionized Battlefield Medicine june the crimean war and laid the foundations for modern nursing on tuesday nurses in sri lanka celebrated her 200th Birthday Well also honoring the tartus work of nurses all around the world. At the demand event that in many of us they were