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Hezbollah is part of the political game here in lebanon. It is almost the only party that is, you know, armed and lebanon and also has representation in the parliament. But has engaged in fights and conflict with israel since it started in 19805 until this latest confrontation that we are living these days. Frank, a lot of people i think certainly after the attack we saw a couple of nights ago, that unprecedented attack in terms of Scale And Size that iran launched on israel. One question which people are asking is why did iran Attack Israel and will israel now Attack Iran . Ok, so this really goes back to april the 1st, when the israeli Air Force carried out an airstrike on Irans Consulate in damascus, killing a numbe ....
Gulf coast ports shut down. That was going to be disastrous. President biden helped get that thing fixed fast. They have agreed, tentatively, to a 62% increase in wages over the next six years. The first offer that the union turned down, to show you how far apart this was, was 40%. That is where this began, so the pressure that the union put on related work and of course the port companies, they were hoping that president biden would feel the pressure of this and just order a tafthartley return to work by that union to get through the election and you can imagine how the company s thought the president will have to do this because this will be so difficult for the harris campaign, but the president kept the administration pushing both sides to an agreement. At 5:30 you can imagine how this was at the white house. The white house chief of staff is on zoom. Pete buttigieg and others in the administration, with both sides forcing them to get together and so both sides understood that it l ....
Senior Investment Strategist at Edward Jones here in new york. Were seeing a dent in risk appetite. The market is grappling with a variety of worries tensions in the Middle East, a Port Strike and election uncertainty. Do you expect to see volatility . Are there any opportunities . Yes, it is great to be here, and we are moving nicely thus far this year and we are moving nicely thus farthis year in and we are moving nicely thus far this year in the snp 500, up far this year in the snp 500, up nearly 20 . As you noted, youre heading into a choppy October Period and facing mounting walls of worry in the market, including the upcoming election on November The 5t ....
In terms of iran and the risk to exports directly out of iran, thats about 1. 7, 1. 8 million barrelS Per day. And obviously those, the Export Facilities in iran, are those probably at greatest risk in the aftermath of what happened on tuesday night. But i think, you know, weve had a muted reaction, partly because markets are still focussed on a comparatively weak chinese economy and expectations that the Oil Market more broadly next year is looking like it may head into surplus. So, you know, very much mixed messages at the moment coming out of the crude market. Lets go straight to New York and get the latest from our correspondent there, ritika gupta. We saw there prior to starting to rise once again, particularly off the back of those comments by president biden. Explain what he s ....