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
The two major sticking points between the international longshoremen S Association and us Maritime Alliance are wages and automation. Workers are unhappy with the current contract, which spanned the pandemic, when Dock Workers stayed on the job and endured months of soaring inflation on automation, the Union Boss has been warning Dock Workers that their jobs could be replaced by machines. In response, the us Maritime Alliance has said its offering to keep the current ban on fully automated equipment. A strike could cost the us economy 5 Billion a day, according to Jp Morgan analysts. A range of Goods Flow through the East And Gulf coast ports, everything from raw materials and pharmaceuticals to clothes and toys, with the ports accounting for more than half of containerised imports. While consumers may not feel the impact of the strikes right away, if it extends for weeks, it could lead to shortages and higher prices ahead of the president ial election. Thats something new York Governo
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
Is cnn Breaking News hello, and welcome. Im Becky Anderson in Tel Aviv in israel. It is 9 00 a. M. Here and in lebanon, york were looking at live pictures out of beirut, or a thick haze is hanging over the city after overnight israeli airstrikes. And we are now learning more about what israel says is a limited Ground Operation to in lebanon the Israeli Military says it conducted quote, targeted raids at the israeli lebanese Border Israel says its troops include paratroopers commanders, and members of the armed corps and they emphasize there will be he quote, no long Term Occupation of Southern Lebanon. The lebanese State Media says the attacks on southern Lebanon Cause severe damage on hezbollah says it has targeted parts of Northern Israel during the early morning hours following the Israeli Military incursion the u. S. Says israel informed as of now number of operations including the Ground Incursion and a national Security Council Spokesperson tells cnn that the mission can be a ris
To thwart the attack, launching interceptors, while in the israeli city of jaffa, the deadly attack that began on a train. Police calling it terrorism. All this after israel began ground operations in lebanon, targeting iranbacked hezbollah. Our teams inside israel and lebanon. Also tonight, growing desperation in the southeast. Crews searching for survivors days after helene struck as death soared to more than 150. The urgent race to get relief into the hardest hit areas. The major strike at ports along the East And Gulf coast. Tens of thousands of dockworkers walking off the job. How it could impact the price you pay and the Supply Chain ahead of the holiday shopping season. The Vice President ial candidates tim Walz And J. D. Vance facing off tonight. Will it be the final debate of the 2024 campaign . The beloved actor famous for his roles in Good Times and roots. Remembering john amos. And heroes and hope after helene. The brave professionals and everyday people saving lives in the