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
0ur Correspondent Michelle Fleury is at the Port Of Newark in newjersey. Tell us what s going on there and all along the coast. We know the strike is about wages and automation, what s going on with the talks . Right now theres not much going on on on the docks, normally you might see some of the grains over their moving, containers being loaded, and off loaded from giant containerships, but all of that stopped at midnight last night. That is when the Master Contract between the union workers and the us Maritime Alliance expired, and the fight over wages and automation continues to rage and there is little agreement between them on this issue. So right now we are one of the Picket Lines here in newjersey, where workers have gathered short while ago, they stood in a long line singing, no automation, no automation. And we ve heard from the White House in the last few hours 7 what are they saying . How does this get solved . When it comes to critical infrastructure which ports are, and as
United states where ports all across the East And Gulf coasts including here in baltimore have virtually ground to a halt. It means goods ranging from cars to machinery and fresh fruit and vegtables are going to find a lot tougher to get into or out of the worlds biggest economy. An estimated 16,000 workers have stopped working over demands for more pay and less automation. The stoppages could cost the us economy as much as 5bn a day according to the Investment Bankjp Morgan but other experts say it will be less than that. One knock on could be as many as 100,000 people finding themselves temporarily out of work as the impact of the stoppage spreads. 0ur Correspondent Michelle fleury is at the Port Of Newark in newjersey. What other people telling you about how angry they are but also how long this might last . This is one of three dozen ports that are on strike as of midnight last night, and work is basically raring to go, blasting music this morning, i saw some children walking aroun
Control the outbreak this week we would reach 20000000 by just a cases of corby of 9750000 is green shoots of hope and no matter where the country a region a city or a news its never too late to the outbreak around the agencys executive director of Emergencies Program said that unlike the seasonal flu coppa 19 is not showing the same seasonal patterns this one is has demonstrated no seasonal pattern a switch so for what it is clearly demonstrated these you take the pressure off the virus to buy responses back thats the reality thats the fact. Meanwhile new zealand marked 100 Days Without Community Transmission but Prime Minister just send up ardern a caution that the country must remain vigilant. Significant hearing of. Any of the really. Long as we have. You know were only going to grow you know. What it is im all. This comes as europe once the epicenter of the pandemic is seeing spikes in ireland france and even italy will European Countries they took extreme measures by issuing stri
Stories were covering for you todays the day progresses it all to common of various social media but from our reporting from moscow when i was coven i wouldnt thank them have a great choose. The world is driven by a dream shaped by those. Who dares thinks. We dare to ask. This is the one business show you cant afford to miss on fairmont going to washington coming up donald trump signs any order on on a fire to leave at top dollar capitol hill still millions are expected to meant that my friend and even if minimum kind of hard payment plus live in a Government Shutdown after last weeks deadly explosion in beirut when i was sitting in the field of a protest in certain places we have a lot to get a lot of. The new number of corona virus cases continues to grow as new infections are spiking worldwide well head of the World Health Organization argues its never too late to control the outbreak this week we would reach 20000000 but just the cases of kobe of 9750000 is green shoots of hope and