Current currencies continue to disrupt the payments space governments are waking up to the risks christiane managed to catch up with matthew walk to get his view on the future of regulation in the thin tech space so much content to fit in just 27 minutes can we do it just watch lets go to the 1st strike in more than 10 years by the United Auto Workers union leads our global report today as 46000 workers at General Motors bring production to a halt at 55. 00 plants across the United States the current contract between workers represented by the u. A. W. And bosses at g. M. Expired saturday night and the decision to axe to not to extend the previous agreement and extend instead strike was made by a unanimous vote of the u. A. W. Regional leaders u. A. W. Workers are determined to draw the line on wages Health Insurance Cost Increases and management exploitation of temp positions the action by u. A. W. Workers does not affect their status under. Existing collective bargaining agreements w
Socks are in the green but they are off their session highs. The dow was up more than 250 points at one point. Now about 80 points lower. The s p hit a in record for the first time in more than seven weeks. Yes, kelly, it has been seven whole weeks. It was kind of fast come to think of it. Markets are reacting as President Trump comments on iran lets get the latest from eamon javers at the white house. Thats right. Earlier in the day, the president had sort f a belligerent sounding response. The president suggesting to reporters that youll soon find out what the u. S. Response would be tweeting out that iran made a big mistake here, but then in the oval office sitting alongside trudeau, the president said this. I find it hard to be it was intentional. If you want to know the truth. It could have been somebody who was loose and stupid that did it. Well be able to report back and youll understand exactly what happened, but it was a very foolish move the president many there suggesting it
Assistance in both gaza and the west bank. This money will support more than1 west bank. This money will support more than 1 million displaced and conflict affected palestinians, including Emergency Needs in gaza. That remains our Emergency Needs in gaza. That remains our top Emergency Needs in gaza. That remains our top focus Emergency Needs in gaza. That remains our top focus but for the moment switching attention to netflix, whose shares are up after the Company Reported a boost in subscriber growth. The streaming platform now has more than 240 million subscribers, adding 8. 7 million of them just sincejune. 0ur north American Business correspondent Michelle Fleury has the latest from new york. It has been less than six months since netflix started to crack down on password sharing, and it appears to be working because hit shows like which, helped it retain current customers, while new prices on offer including a yes less expensive streaming plan with ads helped it to gain new ones
As soon as possible. On wednesday, us President Joe Biden and egyptian president Abdel Fattah Al sisi agreed to open up the Rafah Crossing, to allow up to 20 trucks of aid into gaza. But President Biden has warned the shipment is not likely to cross until friday, because repairs to the road are needed. Of course, our website has a live page updating all the time if you wish to give across that news. Now on to business and we start with netflix its shares have been surging, after the Streaming Giant said it signed up almost nine million new subscribers in the last three months. Thats way more than expected and the best quarterlyjump since the early days of the pandemic when we were all stuck at home. So whats going on . Its mostly down to a crackdown on people sharing their passwords and now netflix is putting up prices basic subscribers in the uk will pay an extra pound the premium plan has gone up by £2, to £17. 99. Michelle fleury has more. It has been less than six months since ne