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
Taxes. The obr is likely to lower the estimate of how much room he has, and that is probably an over estimate anyway. So he has very little space. He could opt for different things. It looks like hes going to concentrate more on their household than all businesses, therefore two major taxes, one is income tax, other is National Insurance contribution. Income tax is our broader tax and it would cost him more money whereas National Insurance contribution focuses on people at work and would cost him a little bit less. Having a bit less money to play with, like that give as a clearer sense of the conservative priorities here because we know there might be an election coming . It is actually who that money goes to, where they want to target votes . That who that money goes to, where they want to target votes . Want to target votes . That is a very aood want to target votes . That is a very good question want to target votes . That is a very good question because want to target votes . That
me. it s very open. you go for it. i think now, younger people tending to out in packs. if you want to take a pack to the prom, that is fine. that is kind of what i did. i went with a friend. i think he asked me because nobody else did. heather: next topic, how far we have come or not in california, home of silicon valley and many huge companies, glass ceiling may take a century to break or crack. according to new research from the u.c. graduate school of management. that would make meg whitman and former chief of ebay the rare exception rather than the norm. surprise with these statistics. not at all. top corporations across the nation is only 2% of women. which is unbelieve be a they
so put garbage in, it s garbage out. bill: right now our national debt is topping $14 trillion. and the fed chief, ben bernanke, is testifying before a senate committee, saying that there is more optimism on the economy, but that it will take years for the job market to recover to levels that we saw back in 2008. we ll watch that jamie. jamie: thanks bill. there are new warnings from the white house about what could happen if the u.s. does not raise the debt ceiling for us. treasury secretary timothy geithner warning lawmakers yesterday we are about $335 billion away from hitting that $14.29 trillion ceiling, bill, and that s essentially the u.s. credit limit if congress doesn t take action by the end of march. they say we could face catastrophe. nat mccall is with a private investment firm, david reniere is at the graduate school of management at george washington
needs of all those families. housing secretary shaun donovan is bringing together some of the best minds in the country today together with secretary geithner over at treasury to address the problem that we all acknowledge is the prime issue that is pulling down the economy and the recovery. thank you very much, mr. secretary. thanks for taking the time for us. great to be with you, andrea. thanks. and coming up next, desperation grows in pakistan, where deadly floods threaten to destabilize the government. ry u. keller graduate school of management, you ll have a professor with you every step of the way. whether you take classes on campus, online, or both, you get the same attention, the same curriculum, and the same quality. 85 locations nationwide and online. discover how to grow the business of you. at keller.edu. discover visine® tired eye relief