In lebanon, israeL Attacked more than 120 targets on sunday. At least 50 people are reported to have been killed in a series of attacks in the east of the country, including in the Bekaa Valley. With the latest, heres chi chi izundu. Panic in the centre of beirut. This shows the apparent aftermath of an Air Strike on a Building Close to a major Transportation Hub in the lebanese capital. Transportation hub in the lebanese capital. Israel has been targeting lebanese capital. Israel has been targeting hezbollah i lebanese capital. Israel has i been targeting hezbollah sites on the outskirts of beirut but this is thought to be the first time an attack has been carried out within the City Limits in the past year. The lebanese Prime Minister says the continuing Air Strikes may have forced as many as i continuing Air Strikes may have forced as many asi million people from their homes. This weekend has seen a major escalation with more than 50 killed in lebanon. Hezbollah rockets fired into n
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