Heavy equipment, agricultural products and pharmaceuticals. The ports account for more than half of container imports. Consumers are not likely to feel the effect right away and many businesses have tried to get ahead of this by stockpiling or diverting shipments to the West Coast and i spoke to the ceo of The Port of long beach and he said they had a record august but having said that, if the strikes go ahead and last for weeks, they could lead to shortages and high prices for consumers. Who; high prices for consumers. Why are we in high prices for consumers. Why are we in this high prices for consumers. Why are we in this position . The entire east Coast Port Infrastructure could be shut down by this . Why have the talks broken down . The dock Workers Union talks broken down . The dock Workers Union have talks broken down . The dock Workers Union have been talks broken down . The dock Workers Union have been in l Workers Union have been in talks with the us Maritime Alliance now four
TheIr moment of freedom would come a lot sooner than people thInk. More on that In a moment. On lebanon, Israels Defence MInIster saId they were ready to use forces from aIr, Sea And Land to achIeve Its objectIves agaInst hezbollah to ensure people whod evacuated theIr homes In northern Israel, were safe to return. He told the troops, you are part of thIs effort. Hezbollah s Deputy Leader has InsIsted that the group Is ready If Israel decIdes to Invade lebanon. In a defIant speech, he saId the battle agaInst Israel wIll contInue. There have been more IsraelI attacks today. Hamas says the leader of Its operatIons In lebanon has been kIlled by an aIrstrIke. Another PalestInIan Group saId three of Its leaders were kIlled In a strIke on an Apartment Block near central beIrut. We wIll have more on all those developments In a moment, but fIrst to a News Conference that has just started wIth some of the famIlIes of the hostages are stIll beIng Held. The famIlIes of the hostages are stIll beIn
like shareholdings and some other subsidiary companies, those assets are very readily accessible. the issue is that most of the company s assets are onshore in mainland china, they are land, properties the company had 1,200 projects at different stages of development as of 2022. but those assets are going to be tricky to access. in theory, hong kong and mainland have a 2021 arrangement for resolving insolvent companies like evergrande, but in practice what needs to happen is mainland courts will need to recognise this liquidation, but they also need co operation from local governments. i think it will be very tricky. this is just one stage in what is likely to be still quite prolonged process if the off shore creditors wish to get hold of ultimately money which comes from mainland property assets. let s talk to hong bo, professor of financial economics in the school of finance and management at london s soas university. the chinese government is unlikely to allow evergrande
look at what it is like to take over a long running family business. time now to get down to business. we begin with energy. it will be clean and safe and power 1.8 million homes in the north of england and the midlands. that is the plan presented by the uk government and the netherlands who have announced the world s largest multiuse electricity powerline built under the north sea. the will connect the uk in the netherlands with offshore wind farms providing energy to britain aiming to reduce household bills. this announcement comes at the start of the second north sea summit which kicks off today in belgium, the founding countries are belgium, denmark and the netherlands will be joined by france, uk ireland norway and luxembourg and the largest ever coalition around energy in the northeast off let s talk to jess ralston head of energy at the energy and climate intelligence unit. first of all, uk government is saying it s the s largest of its kind, powerline is delivering c