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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 alw...

Hello, and welcome to our viewers joining us here in the United States around the world and streaming us on cnn then max, im rosemary church In Atlanta im Becky Anderson in Tel Aviv in israel. It is 10 00 a. M. Here Monday Morning, where the race you can is dealing with news of the first israeli airstrikes inside the city of beirut. Here in the u. S at least 95 people did after historic Rain And Flash floods from Hurricane Helene, how communities are coming together to help Donald Trump is attacking political rival Kamala Harris falsely questioning her Mental State. Yet again, what some of his...

Rally has fed into crude. Propelled thates price. People look beyond the covid to a look beyond to a returned to normal. Gold pretty much stable appeared bitcoin at record highs. Up about two thirds of 1 . We have a u. S. Dollar index unchanged. Lets have a look at the copper price. Copper advancing. The highest price and a more than six years. It is under president elect joe bidens formal transition. The hope is there will be a move toward a Lower Carbon Energy future. That britain the outlook for its demand. As has what is going on in china up. Joining in all of that. Lets have a look at the...

Engulfed in political and economic crisis, peru gets its third president in the span of a week. Al jazeera obtains recordings of one of the worlds most wanted men, trying to negotiate immunity from prosecution. With infections surging worldwide and governments struggling to respond, theres been another dose of hope in the battle against covid19. U. S. Pharmaceutical firm moderna says interim results from trials show its vaccine looks to be 94. 5 effective in preventing the virus. Its a really important milestone in the fight against the pandemic, because it demonstrates that our vaccine is abl...

Of four levels for the First Time Since september. Data also shows the number of people whose infections cannot be traced is sharply rising. Tokyo governor koike yuriko stressed the need to prevent the Health Care System from collapsing. Shes also promoting a fivepoint dining strategy. Keep groups small, keep meals short, keep voices down, keep portions separate, and keep up a number of other antivirus measures, including ventilating rooms and wearing masks. Chief cabinet secretary Kato Katsunobu said theres no immediate plan to call another state of emergency but called on people to be vigila...