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
The two candidates vying to become the next us president have finally met and finally debated. Donald Trump And Kamala harris were on stage in the Swing State of pennsylvania, for what turned out to be a fierce clash, with claims, many of them false, hurled in each direction. Topics included the economy, abortion and immigration. It was a prime time show down, which often turned personal. And while Pollsters Crunch their data to work out how the candidates performances went down with voters, both campaigns are claiming they came out best. Moments after the debate, Donald Trump entered the spin room, insisting tojournalists that hed won the night. Our senior North America Correspondent Gary Odonoghue was watching the debate in philadelphia. The abc News President ial debate. Here now, David Muir and linsey davis. Good evening. Im David Muir, and thank you forjoining us for tonights abc News President ial debate. Not just the first debate for these two as president ial candidates, but th
For the Second Quarter. We can provide hints on whether the bank ofjapan will continue to remain an outlier and keep Interest Rates ultra low. Earlier, High Speed Two fidelity international s Catherine Yeung who said china is facing a confidence problem. It is lack of confidence within the consumption and corporate sector. In fact last friday we had julys money supply and aggregate Financial Data released and it was marginally weaker than expected, so tomorrow in fact we have this operations, and while the expectations are there will be no cuts on the benchmark generally speaking, you could see a slight increase of probability of ten basis points rent cuts, so again policy is going to outgrow chains, but it is going to be this continuing tweaking to accommodate. Tomorrow we will get some extra data out. But really what is the biggest problem facing china to get its economy up and running . If china to get its economy up and runnina . ,. , china to get its economy up and runninu . ,. ,
Provide hints of whether the Bank Of Japan provide hints of whether the bank ofjapan will continue to remain an outlier and keep Interest Rates ultra low. Earlier, spoke to fidelity international s Catherine Yeung, who told me china is facing a confidence problem. Just this lack of confidence both within the Consumption Sector as well as the corporate sector. So if fact last friday we had julys M2 Money Supply and aggregate Financial Data released and it was marginally weaker than expected. So tomorrow, in fact, we have this element of operations all the expectations are for no cuts in the benchmark, generally speaking, we could see a slight increase in probability of a ten basis point rate cut. So again policy isnt going to outright change, it is going to be this continuing tweaking to be this continuing tweaking to be accommodated. Be this continuing tweaking to be accommodated. Tomorrow we will aet be accommodated. Tomorrow we will get some be accommodated. Tomorrow we will get some
Yesterday was the warmest day of the year, 28 celsius, a month. Today feeling fresher with sunny spells and showers. The full forecast throughout the programme. Its friday, the 11th of august. Our main story. The latest round of strikes byJunior Doctors in england will start in just over an hour, as a long running dispute involving half of all doctors working in the uk continues. Nhs leaders are warning it means more significant disruption to the Health Service, with thousands of appointments and procedures postponed. Our Health Correspondent Dominic Hughes reports. Were now into the fifth round of strikes byJunior Doctors in england with little sign that their union, the british medical association, or ministers are prepared to yield. But the continuing Industrial Action is having an impact on patients. Former teacher margaret is trying to plan a holiday, but she also needs to get a new Pacemaker Battery fitted. One nhs appointment was cancelled because of an earlier walkout, and marg