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BBCNEWS Business Today October 2, 2024

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 pres ....

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BBCNEWS Business Today October 2, 2024

United states where ports all across the East And Gulf coasts including here in baltimore have virtually ground to a halt. It means goods ranging from cars to machinery and fresh fruit and vegtables are going to find a lot tougher to get into or out of the worlds biggest economy. An estimated 16,000 workers have stopped working over demands for more pay and less automation. The stoppages could cost the us economy as much as 5bn a day according to the Investment Bankjp Morgan but other experts say it will be less than that. One knock on could be as many as 100,000 people finding themselves temporarily out of work as the impact of the stoppage spreads. 0ur Correspondent Michelle fleury is at the Port Of Newark in newjersey. What other people telling you about how angry they are but also how long this might last . This is one of three dozen ports that are on strike as of midnight ....

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CNN The Source With Kaitlan Collins October 2, 2024

In Bonus Cash just told him a cnn special event, the Place President ial Debate Tomorrow with nine this is cnn Breaking News Viewers joining us here in the United States around the world and streaming us On Cnn, max, Im Rosemary Church in atlanta im Becky Anderson in tel aviv. It is 8 00 am here in israel and in lebanon, where israeli troops are now conducting what they describe as a limited Ground Operation well, that is the sound of Artillery Fire along the israeli lebanese border hold up overnight. Where the israeli military says its conducting quote, targeted raids on villages. Suppose immediate threats to communities in northern israel, although israeli officials say there will be, quote, no longTerm Occupation of Southern Lebanon when the Israeli Army released this video that it says shows preparations for the Ground Op ....

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CNN Erin Burnett OutFront October 2, 2024

Is cnn Breaking News hello, and welcome. Im Becky Anderson in Tel Aviv in israel. It is 9 00 a. M. Here and in lebanon, york were looking at live pictures out of beirut, or a thick haze is hanging over the city after overnight israeli airstrikes. And we are now learning more about what israel says is a limited Ground Operation to in lebanon the Israeli Military says it conducted quote, targeted raids at the israeli lebanese Border Israel says its troops include paratroopers commanders, and members of the armed corps and they emphasize there will be he quote, no long Term Occupation of Southern Lebanon. The lebanese State Media says the attacks on southern Lebanon Cause severe damage on hezbollah says it has targeted parts of Northern Israel during the early morning hours following the Israeli Military incursion the u. S. Says israel informed as of now number of o ....

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BBCNEWS Business Today October 1, 2024

From raw materials and pharmaceuticals, clothes and toys, accounting for more than half import 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 rained in on. The something the new york governor rained in om rained in on. The potentialfor disruption rained in on. The potentialfor disruption is rained in on. The potentialfor disruption is significant. Rained in on. The potentialfor disruption is significant. We. Disruption is significant. We have not had an event like this in our port since 1977 and that lasted 12 days. We ....

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