As much as 5 Billion each day according tojpmorgan analysts. Us retailers, automakers and other businesses now face Ballooning Freight rates ahead of the crucial festive shopping season. Large retailers have pulled forward imports of much of their Holiday Merchandise and made reservations with west Coast Ocean and Rail Carriers in hopes of avoiding any disruption. Lets speak to peter sand, chief analyst at xeneta, an Ocean Freight analytics firm. Hello to you. I know you have already calculated what this could mean if the Strike Action goes ahead, so do tell us more. A disruption like this always comes at a bad time for European Exporters into North America as well as North American exporters out of thE East Coast And Gulf coast. It will be impacted at first but this seems to be a first for almost 50 years, has the potential not only to lift Freight Rates higher due to the disruption from the strike, but certainly also to have wider implications, one or two months later down the road w
As chaos, with ambulances rushing to the scene through roads packed with people trying to flee. Our correspondent hugo bachega has the latest from beirut. Explosions scenes of war in beirut. Hezbollah s conflict with israel returning to its stronghold of dahieh, with a series of massive explosions and an escalation with unpredictable consequences. Explosion. An attack so powerful that it was seen and heard across the city. Lebanon now on the brink of another war. Chaos on the streets and here is what they are running from. Dahieh, in southern beirut, now looking like gaza. But amid so much destruction, jubilation. Two children rescued from the rubble alive. Hezbollah s backers, iran, say this strike marks a dangerous game changing escalation in the conflict. For israel, it s a strike targeting the heart of hezbollah s operations. Moments ago, the israel defense forces carried out a precise strike on the central headquarter of the hezbollah terror organisation that serves as the epice
Our people, are that she wants to keep the War And Terror going just so no one thinks he was wrong, its insane too. From the very first section of the work, russia has been doing things that cannot possibly be justified under the un charter. Every destroyed ukrainian city, every burnt village, and theyre already hundreds and hundreds, proving that russia is coming an initial rush international crime. This working out fade away, this is why that work cannot be calmed by talks, i am grateful to all the nations that are truly helping in ways that save the lives of our people. Zelensky said his plan is not about negotiating with russia, but finding a way of ending the conflict diplomatically. The head of the president s Office Andriy Yermak has confirmed that an Invitation Tojoin Nato would be part of this so called Victory Plan. Lets speak to Victoria Vdovychenko Programme director for Security Studies at the Ukraine Centre for defence strategies. Thank you for being with us. In this inte
World if ukraine is not free then the world is if ukraine is not free then the world is not safe. But this Contact World is not safe. But this Contact Groups gives us the structure to keep ukraine sovereign and secure. The Coalilion Sovereign and secure. The coalition is built to succeed and coalition is built to succeed and It Coalition is built to succeed and it is coalition is built to succeed and it is built to last. President biden has said russia will not President Biden has said russia will not prevail in this conflict. The independent people conflict. The independent people of ukraine will prevail. The united states and our allies the united states and our allies and partners will continue to stand with them every continue to stand with them every step of the way. So thanks every step of the way. So thanks for being here. And with that, thanks for being here. And with that, We Thanks for being here. And with that, we will pause while our friends that, we will pause while our fr
Campaign, promising to bring forward legislation to protect the nhs from privatisation and future trade deals. Labour promises a full year of maternity pay, while the conservatives unveil an nhs visa to attract top medical talent to the uk. The world war ii veteran raising money for a memorial on the normandy beaches is given a glimpse of what it will look like this morning. How does it make you feel . Because the work you are doing, it is now concrete, it is tangible, you can touch it. Marvellous. We find out more about an 82 year old cyclist who has completed his one millionth mile riding on a bike. Decisions on asylum applications are taking substantially longer than they were five years ago, a new report suggests. Well be speaking to the people behind the research. And in sport, a stoppage time goal saw celtic beat lazio in rome to reach the knockout stages of the europa league. Good morning, and welcome to the bbc news at nine. More than 100 flood warnings are in place across the