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
before france s top judges and betting on a crackdown: premier league clubs agree to remove gambling sponsors from shirt fronts within three years. campaigners say it s nowhere near enough. hello there. giving in to big pay demands by striking workers would be, quote, a terrible mistake so says the uk s finance minister chancellor of the exchequer, jeremy hunt, who s been defending his policies after official figures confirmed the economy flatlined in february with growth of 0%. industrial action is seen as a key factor dragging on the economy with teachers, rail workers, civil servants and nowjunior doctors among those walking out in a wave of strikes over pay. mr hunt is in washington for the spring meetings of the world bank and imf, where he was asked about the strikes. the one thing we won t do, because it would be a terrible mistake, is to agree to an inflationary pay rise that means that we are still talking about inflation in one year s time. if we stick to the pl
hamas terrorists keep spreading across the country. they are getting louder and more heated. we are keeping an eye on cities from hartford, connecticut to chicago as the thousands of pro- palestinian demonstrators are expected to hit the streets again this afternoon. hello everyone welcome to fox news live i m arthel neville. before i have eric sean thank you for joining us. today s rallies after busy transit hubs new york city and washington d.c. yesterday. they demanded immediate cease-fire in gaza. they basically mean israel paired what about hamas stopping its attacks against the jewish state? protesters disrupted several rail service during last night s evening rush hour for it elsewhere hundreds at the university michigan and arbor bush passed cap in campus security entered administrative building they are. they want the university to stop investing in companies that they say front israel s military operations against hamas and gaza. a cb cotton following all of the d
before france s top judges and betting on a crackdown: premier league clubs agree to remove gambling sponsors from shirt fronts within three years. campaigners say it s nowhere near enough. hello there. giving in to big pay demands by striking workers would be, quote, a terrible mistake so says the uk s finance minister chancellor of the exchequer, jeremy hunt, who s been defending his policies after official figures confirmed the economy flatlined in february with growth of 0%. industrial action is seen as a key factor dragging on the economy with teachers, rail workers, civil servants and nowjunior doctors among those walking out in a wave of strikes over pay. mr hunt is in washington for the spring meetings of the world bank and imf, where he was asked
economy flatlined. is that their number one concern when you talk to them, maggie? yes, it is. bar none, if the economy stays where it is, unemployment stays where it is or tics down a bit, but not much, if it stays in this area or gets worse, this is a major concern between the months of august, september, october, the major feeling of the president is he won t be heard, it won t matter, and mitt romney will win. let s go to chris. do you agree that if the economy flattens or gets worse, it s bad news all the way? i don t make a policy to disagree with maggie, but she s totally right. it s not just the economy, it s the timetable by which the obama campaign needs some movement. let s say unemployment in september shows it s dropped, it s 7.7%.