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And pharmaceuticals, to clothes and toys, with ports accounting for more than half imports 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 weighed in on. The potential for disruption is significant. We have not had an event like this in our ports since 1977 and that lasted 12 days. We are deeply concerned about the impact that a strike could have on our supply chains, especially when it comes to critical goods like medical supplies and others. Under the 1947 act, president biden has the authority to order workers back to work but the current administration said it would not intervene and encourages all parties to keep negotiating in good faith. The chairman of the federal reserve has dampened hopes of another big rate cut. He was speaking in tennessee and added the central bank was not in a hurry to cut rates. Indexes saw price falls during the speech but have since recovered. ....
To their homes in the north. Meanwhile, the deputy chief of hezbollah, naim qaissem, said the groups fighters are ready to confront an invasion. He acknowledged the assassination of leader, hassan nasrallah, was a big blow but said all fallen commanders would soon be replaced. We have corresponded around the world reporting on this developing story. Anna foster is in beirut, lucy williams is in israel, and joe photo is in jerusalem and tom bateman is in washington. Firstly let s hear from lucy. We ve been hearing helicopters overhead for a while now and also the sound of artillery, some distance away, earlier, a series of loud explosions that we heard here close to the border as israel confirmed that it had launched what it s calling limited and targeted ground raids terrorist targets in the area. It s not clear at this stage what sort of scale form those raids are taking but we have witnessed a buildup of troops and tanks here at the border over the last few days, we saw a couple of ....
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 ....
So far, there needs to be an effort to yes here weve gone to stores, waters out. Isis out. This is a devastating catastrophe of historic proportions, is a Life And Death situation here crooked Joe Biden became mentally impaired, but lying, Kamala Harris, honestly, i believe she was born that way. Im not saying shes crazy. Im saying your policies hello. And a warm welcome to our viewers joining us from around The World. Im Max Foster is monday, september 30, 9 00 a. M. Here in London A. M. Here in tel aviv. Im Becky Anderson joining you from israel and we begin in The M ....