Downpours and thunderstorms pushing northwards and eastwards across england and wales. Weve also had this band of Rain Across Southern and Central Scotland and Northern Ireland. That will weaken overnight. The showers will move eastwards in the south but still with the chance of localised Flooding And Transport disruption. Itll start to turn cold as the night wears on in the north of scotland. Northerly winds digging in here. Tomorrow, our area of low pressure still with us. This is the deep low running to the south of us. That is a former hurricane kirk. All of these different areas of low pressure will be moving eastwards over the next couple of days, taking the rain away eastwards too and bringing in this northerly wind. Tomorrow for many, cloud, pieces of rain, the showers in the South Shouldnt be as numerous or as heavy as they have been today, but that cold air starts to dig in. Nine. In a way and aberdeen, those are the afternoon highs. Looking at the Ms Chart as we head into th
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
Joining me now is satyam panday, Chief Us and Canada Economist at S P global ratings. Satyam, what are the key elements here that youre looking at that mean theres going to be a drag on growth . We are mostly focused on the consumer sector, we are mostly focused on the consumersector, like we are mostly focused on the consumer sector, like you mentioned in your opening statement. We are starting to see some Consumer Caution creep up, see some Consumer Caution creep up, especially given how the Labour Market has moderated, we have also seen the real Income Growth so often, and that means most likely moving forward, the same type of growth coming from Consumer Spending iS Probably going to be softer, and if you think about the Consumer Spending, you have to look at the taxes being collected state and local site, so the Upside Surprise we have seen from the state and local Government Spending is also going to be softened moving forward. Put it all together, it is the consumers that are go
As fears of war between Hezbollah And Israel grow. Hezbollah launches a ballistic missile towards Tel Aviv Israel says its the first time the group has targeted the city. President zelensky in his address to the Un General Assembly says russia is Planning Attacks on ukraine nuclear plants. Recently i received yet another alarming report from our intelligence. Now putin does seem to be Planning Attacks on our nuclear power plants and their infrastructure. Polling stations have closed in Indian Administered Kashmir in the first elections to take place there in more than ten years. Now with all the latest sport, heres olly. Some significant Injury News for two of the biggest clubs in europe, Manchester City have confirmed that their Midfielder Rodri has suffered Ligament Damage in his right knee. The spaniard had to come off in the 21st minute of their draw with arsenal on sunday. He has been seeing a specialist in barcelona and the club say that he will continue to be assessed to ascerta