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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 at a bad time for European Exporters into North America as well as North American exporters out of thE East Coast And Gulf coast. It will be impacted at first but this seems to be a first for almost 50 years, has the potential not only to lift Freight Rates higher due to the disruption from the strike, but certainly also to have wider implications, one or two months later down the road w ....
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 republican allies is set begin in The Middle East where israel says it has launched new airstrikes in eastern and Southern Lebanon today, the Israeli Military says it targeted hezbollah strongholds. There. Meanwhile, in beirut, people are On Edge after the first israeli airstrikes overnight within the City Limits. You can see the damage in this video from an attack near the citys cola bridge, a m ....
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 Middle East where israel says it has launched new airstrikes in eastern and southern Lebanon Today the Israeli Military says it targeted hezbollah strongholds. Meanwhile, in beirut people are on Edge Af overnight within the City Limits you can see the damage in this video from an attack near the citys Cola Bridge, which is a major intersection. Cnn has reached out to the Israeli Military for comment well, this follows an i ....