From raw materials and pharmaceuticals, clothes and toys, accounting for more than half import 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 rained in on. The something the new york governor rained in om rained in on. The potentialfor disruption rained in on. The potentialfor disruption is rained in on. The potentialfor disruption is significant. Rained in on. The potentialfor disruption is significant. We. Disruption is significant. We have not had an event like this in our port 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 19110 78, president biden has the authority to order workers back to work but the current administration said it would not intervene and encourages all party to keep negotiating in good
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.
I see Khan Cnn News central starts right now tragedy. The race to provide relief across a Half Dozen states battered by her Hurricane Helene the Death Toll now at 95, we will speak to the government were of North Carolina were the hardest hit states this hour. And President Biden will address the nation this morning, breaking overnight, new israeli airstrikes as new signs and murderers that israel could be preparing for a Ground Invasion and final day of prep for what could be the last debate of the president ial election season. New Report Morning and what j. D. Vance and Tim Walz are doing today . Im Kate Bolduan with John Berman and sara sidner. This is Cnn News central southeast are facing and indescribable to destruction after Hurricane Helene tore a path of devastation from florida to virginia. At least 95 people across six states have died. Many more people are unaccounted for this hour and officials believe the Death Toll will rise, right now, utility crews are working around t
Like in Need None of. That matters when, i talk about politics now we have to all get together and get this. We need a lot of help to have to have a lot of help down here. We look out for one another. We pull together, we pitch in, we persevere, and we pull it through. That is really the American Spirit thats what made america originally great. And thats why today ive come to us that with large semitrucks, many of them filled with Relief Aid and a Tanker Truck filled up with gasoline. We have a couple of the big Tanker Trucks filled up with gasoline which they cant get. Now and will be working to distributed throughout the day. And i want to thank again, Franklin Graham and everyone had samaritans purse. You people are fantastic by the way, just fans and people appreciate you very much for the incredible Partnering And Work that theyve done. Not only here, but all, all the time, theyre always seemed to be the first ones at areas that need help a short time ago, i received a briefing on
Largest cities. Finally, we have not seen it yet but it is very likely that china is likely to have another round of fiscal stimulus. I will say that this is something that we have not seen in a few years, not since early 20102 after the global financial crisis. I think it is a clear message that the government is willing to increase support for economic growth and people s confidence. Talking of efforts to try and reboot growth. Thailand will start handing out $300 to every citizen part of a $14 billion stimulus package. The scheme has been criticised by economists, including two former central bank governors who say it is fiscally irresponsible. The government rejects that, but has struggled to find sources of funding. The japanese market has fallen by more than 4%, a reaction to the leadership contest for the country s next prime minister. He is a known critic of the extraordinary stimulus and has signalled he would support more interest rate hikes. A stronger currency ways on r