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Middle east very closely. The united states is committed to Israels Defense. We are watching developments, as i said, very carefully this morning. U. S. Officials tell Nbc News they expect this iranian response to involve more fire power. Israel is trying to push hezbollah forces north. The israeli defense Forces Spokesperson announced israel uncovered Hezbollah Tunnels in Southern Lebanon. One of the buildings that our troops raided, we found proof of this. This is a map that hezbollah planned to give its terrorists at the time of a widescale invasion of israel. It was to cover out a massacre in israels north. Joining me from jerusalem is nbcs Erin Mcla ....
As much as 5 Billion each day according tojpmorgan analysts. Us retailers, automakers and other businesses now face Ballooning Freight rates ahead of the crucial festive shopping season. Large retailers have pulled forward imports of much of their Holiday Merchandise and made reservations with west Coast Ocean and Rail Carriers in hopes of avoiding any disruption. Lets speak to peter sand, chief analyst at xeneta, an Ocean Freight analytics firm. Hello to you. I know you have already calculated what this could mean if the Strike Action goes ahead, so do tell us more. A disruption like this always comes ....