And what would you do with a spare 25 Billion Euros . Thats the question facing the irish Government Today as it delivers its budget following a huge Tax Windfall from Tech Firms. Live from london, this is business today. Im lukwesa burak. We start in the us where in the last 30 minutes tens of thousands of East And Gulf Coast Port workers have started striking for the first time in nearly 50 years. This comes after the international longshoremen s association and the us Maritime Alliance were unable to reach an agreement on the terms of their contract. The strikes will halt trade in a wide range of goods and disrupt the Countrys Economy just as we enter the final weeks before the president ial election. Our North America Business correspondent Ritika Gupt the two major sticking points between international longshoreman s association and the us Maritime Alliance are wages and automation for the workers are unhappy with the current contract which spanned the pandemic and dockworkers st
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 president ial election. Thats something new York Governo
Attack into Southern Lebanon. Theyve got to take out that Ballistic Missile firing capability. Now we know theres about 120,000 other types of rockets and missiles that theyve been using to essentially harassed of the people in israel. And thats why some 60,000 people have had to dislocate. But theyve got to take out all the ballistic Missile Capability and Southern Lebanon and they need to do it now or brigadier general Steve Anderson plead akerman thanks to both of you, a brand new hour of cnn, new central starts right now live from New York . No, not snl, but still must see political tv, the Vice President ial candidates getting ready heading to face off for their first and only debate and possibly the final debate of the entire Election Cycle the devastation caused by Hurricane Helene has left thousands of people in Western North Carolina stranded and growing desperate for supplies. New details on the rush now to get to them and get supplies to them im Kate Bolduan with Sara Sidner
11 00 here in los angeles. This is americas late News Fox News At Night. Breaking tonight we are 59 minutes away from by all accounts what could be a crippling strike by Port Workers along the east on the Gulf Coasd become the most disruptive strike to the u. S. Economy in decades. Potentially costing 5 Billion a day with very few indications that a deal might happen in the next hour. The pro Union President does not seem all of that bothered. When you intervene in a strike and they go on strike as you said . No. Trace not it is the secretary of commerce. Where have you been focused. Hearing what would happen if the strike goes on longer than a week . Again. I have not been very focused on that. If you wanted to have me back as Commerce Secretary later in the week maybe we could talk about that. But as i said i have not been particularly involved. Trace in the meantime much of the self is reeling from the devastating effects of Hurricane Helene. Vice president harris heading west to Sa
Like in Need None of. That matters when, i talk about politics now we have to all get together and get this. We need a lot of help to have to have a lot of help down here. We look out for one another. We pull together, we pitch in, we persevere, and we pull it through. That is really the American Spirit thats what made america originally great. And thats why today ive come to us that with large semitrucks, many of them filled with Relief Aid and a Tanker Truck filled up with gasoline. We have a couple of the big Tanker Trucks filled up with gasoline which they cant get. Now and will be working to distributed throughout the day. And i want to thank again, Franklin Graham and everyone had samaritans purse. You people are fantastic by the way, just fans and people appreciate you very much for the incredible Partnering And Work that theyve done. Not only here, but all, all the time, theyre always seemed to be the first ones at areas that need help a short time ago, i received a briefing on