There are six specific details. If he does not win the election, will he go to jail . A very good chance of that, alex. Look, we made the decision, selective committee made the decision that we have found sufficient evidence of criminal conduct to refer this to the Special Counsel who has now only gone beyond the evidentiary record at the select committee developed, and made an even stronger i think as a former prosecutor that there is ample evidence to prove beyond a reasonable doubt that the former president intended to obstruct an official proceeding. Official proceeding. Was official and if that case goes in front of a jury, there is a real chance of conviction and potential incarceration. Always sobering but eliminating eliminating. In moments the efforts to get help to Hurricane Helene victims and how she is preparing by Hurricane Milton threatening floridas gulf coast. A very good day from our msnbc headquarters. We begin with decision 2024 down to 30 days as we ardo move closer
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
And pharmaceuticals, to clothes and toys, with ports accounting for more than half imports in containers. If it extends for weeks, it could lead to shortages and high prices ahead of the presidential election. That is something the new york governor weighed in on. The potential for disruption is significant. We have not had an event like this in our ports since 1977 and that lasted 12 days. We are deeply concerned about the impact that a strike could have on our supply chains, especially when it comes to critical goods like medical supplies and others. Under the 1947 act, president biden has the authority to order workers back to work but the current administration said it would not intervene and encourages all parties to keep negotiating in good faith. The chairman of the federal reserve has dampened hopes of another big rate cut. He was speaking in tennessee and added the central bank was not in a hurry to cut rates. Indexes saw price falls during the speech but have since recovered.
On automation, the union boss has been warning dock workers that their jobs could be replaced by machines. In response, that us maritime alliance says it is 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 containerized imports. While consumers may not feel the impact of the strikes right away, if it extends for weeks, it could lead to shortages and high prices ahead of the presidential election. That is something new york governor kathy hochul weighed in on. The potential for disruption is significant. We have not had an event occur like this in our ports since 1977 and that lasted 12 days. We are deeply concerned about the impact that a strike could have on our supply chains, especially when it comes to criti
Right 6 00, a. M. On the east coast. A live look at clearwater, florida on the West Coast of florida as Hurricane Helene barrels through the gulf of mexico, gaining more and more strength through the day today. Good morning, everyone. Im kasie hunt. Its wonderful to have you with us. The latest update from the national hurricane center, just a short time ago shows helene is getting stronger now with 90 mile an hour winds the storm though, expected to get much stronger than that. Helene is forecast to arrive as a major hurricane along floridas Big Bend later this evening, bringing lifethreatening Storm Surge and catastrophic winds widespread Power Outages are also expected. Recovery teams already mobilizing across the state to get the lights back on once the storm passes many people will lose power depending on where you are in the state. So just prepare, be prepared for that understand that Thats Something that could happen and have a plan in place. So youre able to whether that alrigh