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
So now, to go back and listen to what has happened to weapons from truman to trump is really remarkable. All from the midwest and college thinking he would be a literature major but watergate changed him to Political Science and then he went on to graduate school at mit and it was International Relations and nuclear strategy. Then he moved to washington with the house of representatives house policy advisor but you know government work, he decided that wasnt for him so then he left and wrote the widely acclaimed book of armageddon. And t then spent time at the boston globe because they were looking for experts inn defense he stayed there 20 years as bureau chief in moscow, bureau chief in new york city. And by the end of 2002 started writing stories and has written for previous books before tonight what i am really excited to have is our guest fred kaplan and his book the bomb. [applause] thanks for coming out. Just said my first book was 1983 about the small group of defense intellect
Market. 33 basis points. Auto. Ft significantly not a massive change, but still notable. The dollar index is up. Lower. Uber is a lower by 2 . It is between 96 and 97. Tesla is down now for percent. Tesla one of the most interesting stocks giving away you have the first delivery of kinds to cars to shanghai vehicles made by factories in workers and also receiving a shanghai. Note that may be the model three it may miss the delivery target for demand saturation. Saturation is in terms of demand vonnie thank you. Kailey leinz with our market and that continues for tesla. Check. Here in europe, light volume. Us on key analysis. Stocks are down, 7 10 of 1 . Save your favorite for future we will talk about that in a reference. This is bloomberg. Moment. Eight basis points. We are 18 on the german 10 year. A selloff around the world for global bond markets. Here is an assessment from where we go next. We are joined by the head of fx strategy. Nice to see you. You dont like the dollar. I dont
Than expected last month. Our economics editor faisal islam has been to rustington, in east sussex, to find out if people are feeling any better about their finances. On about their finances. The on about theirfinances. The high on about their finances. The high street, on about theirfinances. The high street, shoppers can on the high street, shoppers can feel inflation is coming but the feelgood factor the Prime Minister will depend on in a general election remains elusive. ,. ,. , in a general election remains elusive. ,. ,. Elusive. Some products are auoin elusive. Some products are going up. Elusive. Some products are going up. Some elusive. Some products are going up, some products. Elusive. Some products are l going up, some products are plateauing. It isjust going up, some products are plateauing. It is just not a good time for everybody. I good time for everybody. I think things are still going up ust think things are still going up just slightly less faster. Gas and electricit
Tokmak june is not a Fait Accompli, or ruled out. Well, a cut in Interest Rates this summer would be welcomed by the government here in the uk which will have to call a general election by the end of the year. But the uks finance minister, chancellor of the exchequerjeremy hunt, says the decision is for the Bank Of England to make and must be independent. These are really finely balanced decisions, but i welcome the fact the Bank Of England has obviously thought about this very hard. They take this decision independently. And i would much rather that they waited until they were absolutely sure inflation is on a downward trajectory than rushed into a decision that they had to reverse at a later stage. What we want is sustainably low Interest Rates. And i think what is encouraging is that the Bank Of England governor, for the first time, has expressed real optimism that we are on that path. Jeremy hunt fair. Joining us now is jane foley, head of Foreign Exchange strategy at rabobank. Jan