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Devastating impact from helena and a strike that is threatening to compounded, a warning from the Homeland Security folks that fema does not have enough funds to deal with it, First To Georgia where president Joe Biden is set to survey the damage and make remarks this hour. Welcome, im neil cavuto. Lets go to Lucas Tomlinson in georgia, what we are likely to here as the president visits the hardest Hit States and towns from helene. What do you have . Reporter good afternoon. President biden has just arrived here, to receive an operational update and or the damage. It is notable that Georgia Governor Brian Kemp wasnt your degree to president. As you mentioned, bidens a Dhs Chief says hes running out of money. We are meeting immediate needs with the money that we have. We are expecting another hurricane hitting. We dont have the funds, fema doesnt have the funds to make it thro ....
Thank you good evening. Im bret baier. Israel expanding Ground Operation in lebanon warning some communities to evacuate and for the second night in a row, massive explosions just within the past few minutes inside beirut. Here at home, as some residents return home in North Carolina, another huge storm threatens to strike the east coast. Well bring you the radar and where its headed. And a report from the Homeland Security Department watchdog claims current Vetting Practices for migrants could be creating risks for u. S. Citizens. Bret but, breaking tonight, officials are warning the strike at ports along the East And Gulf coast of the u. S. Could impact hurricane relief, President Biden saying Today Proprogress is being made in negotiations, some governors are not having it with states with major ports they are saying its cruci ....
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 fr ....
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 coup ....
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 a ....