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 last night, and work is basically raring to go, blasting music this morning, i saw some children walking aroun
On mortgage takers and also removal of purchase restrictions in some of china s largest cities. Finally, we have not seen it yet but it is very likely that they are likely to have another round of fiscal stimulus. Likely to have another round of fiscalstimulus. I likely to have another round of fiscal stimulus. I will say that this is something that we have not seen in a few years, ever since the global financial crisis. I think it is a clear message that the government is willing to increase support for economic growth. Talking of efforts to try and reboot growth. Thailand will start handing out $300 to every citizen part of a $14 billion stimulus package. The scheme has been criticised by economists, including two former central bank governors who say it is fiscally irresponsible. The government rejects that, but has struggled to find sources of funding. Japan s incoming prime minister has signalled continuity over the weekend as he makes key cabinet picks. Shigeru ishiba won an
Largest cities. Finally, we have not seen it yet but it is very likely that china is likely to have another round of fiscal stimulus. I will say that this is something that we have not seen in a few years, not since early 20102 after the global financial crisis. I think it is a clear message that the government is willing to increase support for economic growth and people s confidence. Talking of efforts to try and reboot growth. Thailand will start handing out $300 to every citizen part of a $14 billion stimulus package. The scheme has been criticised by economists, including two former central bank governors who say it is fiscally irresponsible. The government rejects that, but has struggled to find sources of funding. The japanese market has fallen by more than 4%, a reaction to the leadership contest for the country s next prime minister. He is a known critic of the extraordinary stimulus and has signalled he would support more interest rate hikes. A stronger currency ways on r
Also the removal of the purchased restrictions in some of chinas largest cities. Finally, we havent seen it yet but it is very likely that it is likely to rule out another round of fiscal stimulus. So this is, i will say that this is something we havent seen in a couple of years, since the early 20105 after the financial project, its a clear message that the government is willing to increase its support for the economic growth and people 5 confidence. You mention two other arrow5, confidence. You mention two otherarrows, it confidence. You mention two other arrow5, it does have a target of 5 growth for this year. Achieving 5 growth, it is already at the later stages of the year and looks like the growth in the first quarter will probablyjust 4. 6 or 4. 7 and you need a lot more effort to really hit that growth target. Talking of efforts to try and reboot growth, thailand will start handing out 300 to every Citizen Part of a 14 Billion stimulus package. The scheme has been criticised b
I would do fox, too. Id do fox, too. But right now we have to determine whether we want to do it. We had a Great Night Last night. Thats Donald Trump on a possible Debate Rematch with Vice President Kamala Harris. It comes as hes facing criticism from his own party for his performance tuesday night. Well bring you the latest fallout from that consequential showdown. Meanwhile, one of trumps most egregious lies from the debate is now forcing the city of springfield, ohio, to reassure americans that migrants there are not eating pets. Well show you the response from city officials. And then from Capitol Hill, speaker Mike Johnson pulled a Spending Bill off the House Floor hours before lawmakers were supposed to vote on it. Well explain why and what could happen next. Good Morning And Welcome to Way Too Early on this thursday, september 12th. Im jonathan lemire. Thanks for starting your day with us. We have a lot to get to this morning, and well begin with Donald Trumps Debate Performance