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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 no ....
Now and see how much you can save im Elizabeth Wagmeister in Los Angeles in this is cnn ever want to thank so much for joining us. Im Jessica Dean dean in washington alongside my colleague, jim sciutto, who is in Tel Aviv. And we begin in The Middle East where fears of a wider war are growing. Israel and hezbollah, again trading fire across the lebanon border today. And theres this, israel also attacking targets in houthi controlled parts of yemen the idf saying it attacked our station and a seaport. We learned just moments ago, president biden will be speaking with israeli prime minister benjamin netanyahu. Lets send it over now to jim, who is in Tel Aviv and jim, i know youve been monitoring so during all of these developments, what are your takeaways i ....
Now i ll see you tomorrow evening. I m kaitlan collins. This is the source hurricane helene is about to slam into florida and i expected to make landfall and just a couple of hours from now, it s now an extremely dangerous category four storm and winds are now up to 140 miles per hour. If it stays this strong, it ll be the strongest storm to ever make landfall in florida s big bend region. That s the area that we re keeping a close eye on. This hour, more than half 1 million people there have already lost power. And forecasters are predicting tonight that the storm surge in some areas could be unsurvivable reaching as high as 20 feet surges and high winds were alread ....
Ukraines President Zelensky has thanked Joe Biden and the us congress for a new military Aid Package Worth more than Eight Billion dollars. But its still not clear if Mr Zelensky s trip to the White House will help him get the green light to fire us made long range missiles into russia. Hes also facing another issue in the united states increasingly chilly relations with the republican party. Its candidate for the White House, Donald Trump, has accused Mr Zelensky of refusing to do a increasingly chilly relations with the republican party. Its candidate for the White House, Donald Trump, has accused Mr Zelensky of refusing to do a deal with moscow and has also once again questioned why the us is giving billions of dollars in aid to ukraine. And House Speaker Mikejohnson has accused Ukraines Ambassador In Washington ....