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
Wednesday morning. Morning joe starts right now. New York City officials say drivers could expect the slowest traffic of the year, you know traffic is slow when biden says, im just going to get out and walk. [ laughter ] earlier today, President Biden delivered his final u. N. Address. Biden called for concern and then added do what the hell you want. I dont care anymore. Good morning, welcome to Morning Joe. Its wednesday, september 25th. Were going to bring you the big moments from President Bidens final u. N. Address, calling for Unity And Partnership, amid growing global turmoil. Meanwhile, Donald Trump continues to take a much different tone on worldwide issues including the russian invasion of ukraine. Hes also doubling down on his commitment to tariffs. Well play for you those comments. It all comes as Vice President Kamala Harris is set to give a major economic address and close the gap on Who Americans Trust more to handle the economy. Only with willie and me we have the host
Washington at any moment, President Biden will give what could be one of the most consequential speeches of his presidency when he delivers his final address to the united nations general assembly. Right now, Brazils President is speaking. You can see him right there. President biden is up next we are toll as he looks to cement his foreign Policy Legacy against a backdrop of global crises, including the war in ukraine, in the conflict in the Middle East, that is widening this morning. Its threatening to explode into an allout war in the region. Cnns Alex Marquardt and Kayla Tausche are at the un this morning. Alex, let me start with you first. How will all of this fact, what we see there today and how big of a moment is this for the president No Doubt it is a big moment for him as he looks to this final speech at the un general assembly talking about his priorities for the past four years and those going forward. What has been done, what still needs to be done. And essentially so he ta
We hear this every year and wait for the words and message and a year ago certainly was a lot different than the reality on the grounds overseas now. Biden has a few months left for his term. This image will not be easy. A series of major Foreign Policy conflicts breaking out during his term. Afghanistan in 21, ukraine in 22. Israel and gaza in 23. The u. N. Secretary general condemned countries feeling entitled to invade others. Today a growing number of governments and others feel entitled to get out of jail free card. They can thumb their nose at international humanitarian law and can invade another country, lay waste to societies or actively disregard the welfare of their own people. And nothing will happen. Dana Eric Shawn is outside united Nations Headquarters in manhattan. Whats the scene like down there . Yes, President Biden about to take the podium in the General Assembly. You may hear the Police Helicopters that always signal the arrival of the commanderinchief. Across the s