And pharmaceuticals, to clothes and toys, with ports accounting for more than half imports in containers. If it extends for weeks, it could lead to shortages and high prices ahead of the presidential election. That is something the new york governor weighed in on. The potential for disruption is significant. We have not had an event like this in our ports since 1977 and that lasted 12 days. We are deeply concerned about the impact that a strike could have on our supply chains, especially when it comes to critical goods like medical supplies and others. Under the 1947 act, president biden has the authority to order workers back to work but the current administration said it would not intervene and encourages all parties to keep negotiating in good faith. The chairman of the federal reserve has dampened hopes of another big rate cut. He was speaking in tennessee and added the central bank was not in a hurry to cut rates. Indexes saw price falls during the speech but have since recovered.
In beirut right now. Again, we have had strikes here through the day, and smoke once again rising on the skyline of the lebanese capital. The prime minister of this country, the Acting Prime Minister has called again for a diplomatic solution to the conflict and he warns that up to A Million people here in lebanon could be displaced by the ongoing violence. The streets of dahieh, this is the Beating Heart of hezbollah in beirut, now looking like a ghost town. Thousands have left, many more are still trying to leave. Driving through dahieh this morning, we saw cars packed with mattresses and bags. Some people seemed to be leaving on foot. Israeli Air Strikes destroyed this building yesterday. The smell of the explosives was still hanging in the air and we could hear the sound of drones flying overhead. Israel says it will continue to target hezbollah, even after killing the groups leader, Hassan Nasrallah. Dahieh is no longer safe. There is a tense and anxious wait in lebanon following
The Israeli Military says its carrying out more strikes on his Brother Targets in lebanon. The Israeli Military says its carrying out more strikes on hezbollah targets in lebanon. These are live pictures from the region. In separate statements, the iran backed group says it fired a salvo of Katyusha Rockets at two israeli barracks. Reuters video shows rockets coming from Southern Lebanon being intercepted by the Israeli Military. News agency correspondents are reporting heavy israeli strikes in several areas of Southern Lebanon. At least 31 people were killed in an israeli Air Strike On Beirut on friday. Israel said it was targeting a top Hezbollah Military Commander who also died during the attack. It says it killed, in their words, 16 terrorists. Hezbollah, which is designated as a Terrorist Organisation says many of those killed included women and children. As morning broke, the destruction became clear. An israeli Air Strike hitting daraya, Hezbollahs Heartland in southern beirut,
Targets in lebanon. These are live pictures from the region. Hezbollah says it has fired new waves of rockets in northern israel. Reuters video shows rockets coming from Southern Lebanon being intercepted by the Israeli Military. There are also reports of heavy israeli strikes in several areas of Southern Lebanon. In the last half hour, Lebanons Health Ministry have said 37 people were killed in yesterdays israeli Air Strike on beirut. Israel said it was targeting a top hezbollah military commander, who also died during the attack. It says it killed, in their words, 16 terrorists. Asa as a reminder, hezbollah is designated by a Terrorist Organisation by several western states. The organisation says many of those killed were including women and children. From beirut, Hugo Bachega reports. As morning broke, the destruction became clear. An israeli Air Strike hitting dahieh, hezbollah s heartland in southern beirut, its conflict with israel returning with force to a place they considered