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BBCNEWS Business Today October 2, 2024

United states where ports all across the East And Gulf coasts including here in baltimore have virtually ground to a halt. It means goods ranging from cars to machinery and fresh fruit and vegtables are going to find a lot tougher to get into or out of the worlds biggest economy. An estimated 16,000 workers have stopped working over demands for more pay and less automation. The stoppages could cost the us economy as much as 5bn a day according to the Investment Bankjp Morgan but other experts say it will be less than that. One knock on could be as many as 100,000 people finding themselves temporarily out of work as the impact of the stoppage spreads. 0ur Correspondent Michelle fleury is at the Port Of Newark in newjersey. What other people telling you about how angry they are but also how long this might last . This is one of three dozen ports that are on strike as of midnight ....

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BBCNEWS BBC News September 11, 2024

Thank you for being with us. We start this hour here in the uk where the government has begun releasing prisoners early from jails in england and wales, as part of an Emergency Bid to Ease Overcrowding. A lack of Prison Space is a common issue the united states is predicted to be 10 over capacity by 2025. And even denmark renowned for the relative comfort of its cells is renting Jail Space in kosovo. Around 1,750 inmates are expected to be freed in england and wales as part of a scheme intended to make available up to 5,500 Prison Places. Some offenders whove served at least 40 of their sentences will be released. The plan excludes offenders jailed for violent offences with sentences of at least four years, as well as Sex Offenders and domestic abusers. The government says its taken every measure available to protect the public but concerns have been expressed about Offender Rehabilitation and ensuring victims are safe. And this is the scene live outside Hmp Brixton in South London whe ....

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BBCNEWS BBC News September 11, 2024

The last hour or so. We have seen a couple of charity representatives waiting outside, presumably to help the former prisoners as they are released. We have also seen Family Members starting to gather, and friends of those former prisoners, and we have also seen increased security presence. Shortly, we are told, prisoners should be being released in coming through these gates. Last night they had their very last night in jail before being released but there will be lots of Processing Today including talking to Probation Officers about the conditions and restrictions across their release, including bans on certain areas and curfews. There are concerns that many of them will be released homeless. In fact, 12 of prisoners released in the year to march didnt, and therefore there are more concerns about
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BBCNEWS Business Today August 28, 2024

Its a move that could exacerbate Trade Tensions between western countries and china. From october, canada will impose 100 tariffs on Electric Vehicles from china. This is on top of the most favoured nation tariff of 6. 1 already slapped on to chinese produced evs that are imported to canada. The government also intends to apply a 25 tariff on imports of steel and aluminium products from china. Canadas finance minister, chrystia freeland, said these measures were about protecting its domestic producers. The reality is china has an intentional, state directed policy of overcapacity and oversupply, designed designed to cripple our own industries. Talk to the steel sector, talk to the aluminium sector to understand how effective that has already been, and we simply will not allow that to happen to our ev sector. The auto tariffs bring canada in line with its southern neighbour. The ....

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