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
Bridge. Com or visit a Store Today watching us here in the ide states, canada, and around the world, im Kim Brunhuber. This is Cnn Newsroom. Donald trump is getting set to campaign in North Carolina, will look at how a scandal involving one of his allies could make victory there a lot harder Kamala Harris visits the Battleground State of georgia, where reproductive rights of become a Front And Center issue for her campaign. And scientists get an unprecedented look because what they ominously called the Doomsday Glacier. Well look at what they learned and what it could mean for humanity atlanta. This is Cnn Newsroom with Kim Brunhuber we begin this hour in the Battleground State of North Carolina, where Donald Trump is set to hold a Campaign Rally later today. Its his first event there since Cnns Investigation into the States Trump approved candidates that for Governor Mark Robinson revealed disturbing online activity involving a pornographic website. Trump has yet to comment on the con
Nick paton walsh, cnn, London Thanks for joining us. The news continues now right here On Cnn all you watching us here in the united states, canada, and Around The World, im Kim Brunhuber. This is Cnn Newsroom shocking comments from a trump backed candidate for governor in North Carolina. What cnn has learned about mark Robinsons Internet posts, Vice President Kamala Harris visits the Battleground State of michigan. Her thoughts on democracy from the Event Oprah Winfrey hosted, and hezbollah threatens a crushing response following attack in lebanon. Lava live report from the region from atlanta. This is Cnn Newsroom with Kim Brunhuber we begin. This hour with the u. S president ial race with just 46 days until the election, the nominees are moving full speed ahead with their campaigns. Democratic nominee and common at harris is set to travel to georgia to deliver remarks on reproductive rights while republican Nominee Donald Trump campaigns in the Swing State of North Carolina on satur
Worked so much in the first couple of quarters. We are also expecting our investment ipo tomorrow. It is a very, very busy year for us, all in all. You are looking at health care opportunities. Everybody else seems to be doing that. That is why valuations have skyrocketed. What are you finding and what are you concentrating on within that space in particular . Nisa it is interesting. Board. St across the is, is really interesting when we invested in the first company, the first Vaccine Company to list in hong kong. One of our Companies Went out in hong kong, the first device company. Venus, thepo of whole medical device sector has become hot this year. Seen 25 areas we have Companies Getting funded in china alone. I am not sure about the competition. On the discovery side there is also excitement. Because valuation has grown so much, we would still stay away from very expensive deals. Historically, we have been investing 75 at least. Systematically we have been doing the same thing as
Rally has fed into crude. Propelled thates price. People look beyond the covid to a look beyond to a returned to normal. Gold pretty much stable appeared bitcoin at record highs. Up about two thirds of 1 . We have a u. S. Dollar index unchanged. Lets have a look at the copper price. Copper advancing. The highest price and a more than six years. It is under president elect joe bidens formal transition. The hope is there will be a move toward a Lower Carbon Energy future. That britain the outlook for its demand. As has what is going on in china up. Joining in all of that. Lets have a look at the transition in more detail as we get over to new york and join Karina Mitchell for the first word news. Introduced biden has his foreignpolicy and Security Experts as he seeks to calm relations with International Friends and foes. The president elect is promising a multilateral approach, reversing the America First tragedy of the Trump Administration. He will prioritize ending damaging executive o