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
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
Heavy equipment, agricultural products and pharmaceuticals. The ports account for more than half of container imports. Consumers are not likely to feel the effect right away and many businesses have tried to get ahead of this by stockpiling or diverting shipments to the West Coast and i spoke to the ceo of The Port of long beach and he said they had a record august but having said that, if the strikes go ahead and last for weeks, they could lead to shortages and high prices for consumers. Who; high prices for consumers. Why are we in high prices for consumers. Why are we in this high prices for consumers. Why are we in this position . The entire east Coast Port Infrastructure could be shut down by this . Why have the talks broken down . The dock Workers Union talks broken down . The dock Workers Union have talks broken down . The dock Workers Union have been talks broken down . The dock Workers Union have been in l Workers Union have been in talks with the us Maritime Alliance now four
Baby abdulrahman was crawling early, but now his mum worries he ll never be able to walk. He was the first child found to have polio in gaza in 25 years, and it paralysed his leg because of the war he wasn t vaccinated and now medical care is limited. He want to live and be treated. He wants to live and walk like other children. I feel a lot of guilt that he didn t get the vaccination, but i couldn t give it to him because of our circumstances. Displaced five times, the baby s family now lives in a crowded tent camp in deir al balah in central gaza. Raw sewage flows through streets nearby. Conditions are ideal for diseases to spread, especially polio, which is highly infectious. Since discovering the virus, un agencies have been racing to set up an emergency mass vaccination programme and with war raging, they ve negotiated three localised three day pauses in fighting with israel and hamas. Un officials say the plan is not ideal, but it s workable. What we re aiming at is to have 640,0
Palestinian health workers carried out the vaccinations in nasser hospital in khan younis. Unicef says the vaccinations will take place for six and a half hours every day until wednesday. Israel and hamas have agreed to three localised pauses in fighting to enable the vaccination of more than 600,000 palestinian children. Our middle east correspondent yolande knell sent this new report from jerusalem. Just two drops as the un begins vaccinating against polio in gaza. A dose is easy to give, but carrying out a mass immunisation campaign in a combat zone is a huge challenge. Parents of the first vaccinated children are relieved. Translation: i was worried and afraid because this is scary. The polio disease. This disease makes the children unable to move. Baby abdulrahman was crawling early, but now his mum worries he ll never be able to walk. He was the first child found to have polio in gaza in 25 years, and it paralysed his leg. Because of the war he wasn t vaccinated and now medical c