Also on the programme thInkIng outside the box. Why people with dyslexia could be best placed to unlock the potential of ai. And, back down to Earth. Astronauts from All Over The World gather In The Netherlands for their annual convention. But what will they be talkIng about . Well hear from one of them welcome to to busIness today, im ben thompson. We begIn In the us, where Port Workers across the East Coast are set to walk out on Strike Tomorrow and to global supply chaIns. The action announced on sunday by the Port Workers union could shut down 36 ports which handle half the goods imported Into the us via contaIner. AccordIng to analysts atjp morgan, the cost to the us economy could be 5 Billion a day. ShippIng rates are already soarIng ahead of the crucial festive shoppIng season. Mr president would you Intervene In a dock Workers Strike . Intervene In a dock Workers Strike . , Intervene In a dock Workers Strike . Why Intervene In a dock Workers Strike . No. Why not . Intervene In
Point to 3. 5 . So have those eurozone nations turned a corner on inflation . Joining me now is charles younes, deputy chief Investment Officer at financial Analysis Company fe info. Good to have you with us. Make that link for us. We saw that cut earlier in the week, and it seems as though it backs up that decision they made earlier. Yes, i fully agree with you on that point. The ecb has been very clear, they have been slow in Cutting Rates, and really it is about inflation. So the number given this week confirms that the ecb needs to be very slow in Cutting Rates. It that the ecb needs to be very slow in Cutting Rates. Slow in Cutting Rates. It also suggests slow in Cutting Rates. It also suggests that slow in Cutting Rates. It also suggests that the slow in Cutting Rates. It also suggests that the european | suggests that the European Central Bank had a very different tactic versus the Bank Of England and the us federal reserve. What does it tell about their thinking and whether the
Live from new york, at the opening bell, this is business today. Traders tread water on wednesday. Cranking up the voltage on trade tensions. Canada slaps hefty import taxes on electric cars made in china older, wiser, and ready to spend. How businesses are finding a Silver Lining in indias ageing population. Welcome to business today, im Michelle Fleury live from new york. Us markets slip at the open after the record close. More on that any moment. Lets turn our attention to markets, the dow is down two tenths of a percent right now, after the wreck a close yesterday. The snp and nasdaq have not fared so well. Traders are turning away from the Technology Stocks right now. For more on this is the chief market strategist, great to see it this morning. Are you surprised this rally is stalling . What should we read from the dow slipping back slightly . Read from the dow slipping back sliuhtl . ,. , slightly . Good morning, i dont think they slightly . Good morning, i dont think they can
A cut to come by the summer. Im a cut to come by the summer. Im interested a cut to come by the summer. Im interested in a cut to come by the summer. Im interested in this Wage Inflation problem because we are seeing in some sectors quite a lot of industrial action, which is all about wages. Is that a fly in the announcement . It about wages. Is that a fly in the announcement . About wages. Is that a fly in the announcement . , , announcement . It certainly is across euro e announcement . It certainly is across eumpe and announcement . It certainly is across eumpe and in announcement . It certainly is across europe and in the announcement . It certainly is across europe and in the uk, announcement . It certainly is across europe and in the uk, so announcement . It certainly is across europe and in the uk, so we announcement . It certainly is across europe and in the uk, so we have i europe and in the uk, so we have seen while the Headline Inflation Number is coming down, the big increa
behind it all. she s been called the world s most powerful regulator, margrethe vestager of the european commission. she s the driving force behind these world leading regulations. and i m going to ask herjust how can europe strike a balance between protecting its citizens while spurring on unprecedented innovation? wherever you rejoining me from around the world. once again, a big hello and a warm welcome to the show. artificial intelligence. it is the technology that everyone can t stop talking about. it s already popping up everywhere, from helping us with our health care to our banking needs. but as companies try and work out how it ll help them to make money, politicians are trying to put new rules in place to keep us all safe. the european union is leading the way. its 27 member states have just given their backing to what they hope is a world leading piece of legislation the artificial intelligence act. and by april it should have the backing of the european parliament