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
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
Want them to feel like they feel 0k want them to feel like they feel ok now because we will need another effort again in the next game. We have to deal with this. We have we have to deal with this. We have to we have to deal with this. We have to show resilience because this is have to show resilience because this is not have to show resilience because this is not good enough. We have this is not good enough. We have to this is not good enough. We have to accept this and from that have to accept this and from that point on we have to do things that point on we have to do things better and go for the next things better and go for the next game, focus on this and do things next game, focus on this and do things better. In the earlier match, aston villa missed the chance to go level on points with liverpool at the top of the table after drawing 2 2 at newly promoted ipswich town. The hosts taking the lead at portman road through liam delap afterjust eight minutes. However,
Marked a rapid escalation marked a rapid escalation of this conflict. Of this conflict. Israel says its air strikes in yemen, targeting power plants and the port of hodeidah, were their response to missile attacks by the iranian backed houthis. The houthi run health ministry says at least 4 people were killed and 29 wounded. Translation: we have no interest in expanding the war. We have no interest in looking for additionalfronts. But if somebody attacks israel, as the houthis have recently done with missiles and throughout the war with cruise missiles and drones, anyone who carries out such an attack, we will settle the account with them, and we know how to do it. Israel is not holding back its air force releasing footage as they set off for the raid. And earlier today, it says it shot down another drone launched from yemen. For the past year, the yemeni houthis have been trying to influence the conflict in the middle east. This is their commandos seizing a british owned ship in the