You will not see this affect the consumer analysis unless this lasts another week or two and then see big shortages and really higher prices of all kinds of goods that will result from this. To ask you about crystal ball thinking, it can be a bit tough butjust elaborate if you could, mentioned how many days if this rumbles on that the consumer will start to feel it. The big question here is again, does it get resolved in the next week or two? if it does, you won t really see much, it will be a blip on the radar, but if this were to continue, you start to see massive bottlenecks as containers build up, both on the ships waiting off the coast, but also in places like china where they are unable to load these containers that are meant for the east and they start sitting there, and the real problem becomes a couple of months from now as these ships that are sitting here on the coast, off the coast of the us don t return home, don t go back to china to pick up more containers, you have a hu
Will be a of strike of consumers. This will be a massive of strike of consumers. Ti 3 china to pick up more containers you have a huge shortage of shipping capacity, i6% of shortage of shipping capacity, i6% of the world s capacity of ocean container ships goes through these ports on an annual basis, so these last few weeks you will start to see major backups and shortages, it would be really bad for the economy. Would be really bad for the economy would be really bad for the econom. ~ ~~~ economy. Openai has a $6. 6 billion as economy. Openai has a $6. 6 billion as they economy. Openai has a $6. 6 billion as they continue economy. Openai has a $6. 6 billion as they continue to. Economy. Openai has a $6. 6| billion as they continue to bet on artificial intelligence. This brings a value of chat bt of the chat bt maker to the amount similarto of the chat bt maker to the amount similar to goldman sachs. It s one of them would microsoft. Openai s latsko banker and they are cheape
[ cheers and applause ] greg: yes, yes, you you should be clapping. I would be clapping if i were you. Happy wednesday everybody. The performance at last night s debate was panned up by both parties now talk of replacing him with a sharper more capable candidate. In a bazaar gaffe he said he was school shooters friends. School shooters denied this not wanting to associate with him. Ana navarro said of j. D. Vance to be a shape shifter. She s jealous he was able to shape shift without i was and pick. Throughout the debate he was seen writing on a notepad what could he have been writing. Nothing wrong with loving sports and men and sportsmen. Speaking of he called himself a knucklehead for saying he was in china during the denman square massacre i guess he needs to take this picture down from his website. Throughout the debate he had a deer in headlights look on his face looking like he. [ bleeps ] his pants according to someone familiar to the situation. Jimmy carter turns 100 this week
From washington tonight. It s great to have you with us. Another desperate move by desperate people. Judge chutkan unseems a motion. And the libs go absolutely nuts. It s more proof that the doj has been weaponized. Just as we saw during covid, the people called experts are often wrong. Cloth masks work, socialted, it s based in science. The vaccine. Transmission. Well, they couldn t have been more wrong. Then, after january 6th, they were confident that trump was finished. Do democrats have the votes to mark the end of donald trump s political career? that could mean the definitive end of his political career. Trial. Would be enough to end political career. Laura: now, in their assessment of j. D. Vance as his vp pick they were, again, spectacularly wrong. J. D. Vance here, donald trump s running mate, having some people wondering whether he should be replaced. J. D. Vance not going to move on. I don t know if the end. We ll see. Hard for donald trump to admitted making a mistake. A l
Oil Prices Surge and stocks tumble as barrage of missiles in the Middle East prompts supply fears in a region that accounts for a third of global oil production. Us Trade Paralysis dockworkers threaten to continue striking for as long as necessary with ports along the East And Gulf coasts remaining shut for a second day. Also on the programme, could technology bring extinct species back to life . We speak to the boss of a De Extinction Company hoping to resurrect the Woolly Mammoth. Live from london, this is business today. Lets start with the Middle East, where, as weve been reporting, israel has warned of grave consequences after iran launched a barrage of missiles at targets across the country on tuesday. Oil prices have been surging as traders fear a full scale regional war could disrupt Energy Supplies to the global market. Brent crude rose as much as 5 to 75. 40 a barrel in intraday trading. Lets Take A Look at the latest Oil Price now. Up up1. 36 , up 1. 36 , 74 up1. 36 , 74 and