Maine to texas. It could cost the economy billions of dollars a day while the team may not feel the pinch right away if it extends always a good style supply chains and we to shortages and higher prices out of the presidential election. Food prices are likely to react first according to economists. Ryan pedersen is the balde chief executive of flex port. He is a sense of the impact of the strike on consumers. This will be a the strike on consumers. This will be a massive the strike on consumers. Ti 3 will be a massive disruption, thus far you haven t seen it will not act the consumer unless it lasts more than another week or two but then you will see big shortages and really high prices of all kinds of goods that will result from this. . , , ~ of goods that will result from this. . , a i. Of goods that will result from this. . , i. . , of goods that will result from this. . ,. , , of goods that will result from this. . ,,. , this. I ll ask you a bit about c stal this. I ll ask
You will not see this affect the consumer analysis unless this lasts another week or two and then see big shortages and really higher prices of all kinds of goods that will result from this. To ask you about crystal ball thinking, it can be a bit tough butjust elaborate if you could, mentioned how many days if this rumbles on that the consumer will start to feel it. The big question here is again, does it get resolved in the next week or two? if it does, you won t really see much, it will be a blip on the radar, but if this were to continue, you start to see massive bottlenecks as containers build up, both on the ships waiting off the coast, but also in places like china where they are unable to load these containers that are meant for the east and they start sitting there, and the real problem becomes a couple of months from now as these ships that are sitting here on the coast, off the coast of the us don t return home, don t go back to china to pick up more containers, you have a hu
Will be a of strike of consumers. This will be a massive of strike of consumers. Ti 3 china to pick up more containers you have a huge shortage of shipping capacity, i6% of shortage of shipping capacity, i6% of the world s capacity of ocean container ships goes through these ports on an annual basis, so these last few weeks you will start to see major backups and shortages, it would be really bad for the economy. Would be really bad for the economy would be really bad for the econom. , ~ ~~~ economy. Openai has a $6. 6 billion as economy. Openai has a $6. 6 billion as they economy. Openai has a $6. 6 billion as they continue economy. Openai has a $6. 6 billion as they continue to. Economy. Openai has a $6. 6| billion as they continue to bet on artificial intelligence. This brings a value of chat bt of the chat bt maker to the amount similarto of the chat bt maker to the amount similar to goldman sachs. It s one of them would microsoft. Openai s latsko banker and they ar
Surrounded by his family. Dikembe mutombo was 58 7 00 am in Lebanon War israeli troops are now conducting a limited Ground Operation. The Israeli Military says its Conducting Targeted Raids in Southern Lebanon. The idf says they are targeting villages close to the border that pose a immediate threats to communities in northern israel. Israeli officials say there will be quote, no longTerm Occupation of Southern Lebanon. The israeli army released this video that it says shows preparations for the Ground Operation. The u. S. Says, israel informed him of a number of operations, including the Ground Incursion and on monday night, a White House national Security Council Spokesperson told cnn that they support israels right to defend itself while warning that Mission Creep is a real risk. And cnns Paula Hancocks is live in Abu Dhabi. She joins us now. So paula, what is the latest on israels limited third Ground Operation into Southern Lebanon rosemary, we have a team along the border norther
In Bonus Cash just told him a cnn special event, the Place President ial Debate Tomorrow with nine this is cnn Breaking News Viewers joining us here in the United States around the world and streaming us On Cnn, max, Im Rosemary Church in atlanta im Becky Anderson in tel aviv. It is 8 00 am here in israel and in lebanon, where israeli troops are now conducting what they describe as a limited Ground Operation well, that is the sound of Artillery Fire along the israeli lebanese border hold up overnight. Where the israeli military says its conducting quote, targeted raids on villages. Suppose immediate threats to communities in northern israel, although israeli officials say there will be, quote, no longTerm Occupation of Southern Lebanon when the Israeli Army released this video that it says shows preparations for the Ground Operation. The u. S. Says, israel informed it to of a number of operations, including the Ground Incursion and he national security Councils Spokesperson tells cnn t