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That was the Dock Strike which ports shut down and was going to be a 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, just to show you how far apart this was, was 40 . That is where this began so the pressure the union put on really did work and of course, the Court Companies are 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 companies that the president is going to have to do this because this will be so difficult for the Harris Campaign but the president just kept the administration pushing both sides to an agreement they had at 5 30 you can imagine how this was at the White House. White House Chief of staff on resume, Pete Buttigieg and others in the administration wi ....
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 ....
Formalized a deal that cements their control of the United States senate. President biden and his colleagues have made it clear that on covid relief, they have zero interest in waiting on republicans. Yesterday democrats pushed forward with a motion to pass bidens 1. 9 trillion covid package with or without republican support. Mitch mcconnell called the move totally partisan. Which is rich coming from a guy who used the exact same tool to pass a 1. 5 trillion tax cut for the rich. Youll notice that republicans love to wave the word unity like a bloody shirt when they criticize democrats. You know whats better than fake unity, action, action that helps people. Thats the job of governing. In many ways, were now down to just one governing party. This morning speak nancy pelosi and Senate Majority leader Chuck Schumer led a c ....
a very warm welcome to the programme. we begin here in the uk. it is the morning after that budget. the chancellor has insisted his first budget is transformational and will get people back into work. jeremy hunt set out major changes to pensions and benefits, as well as an expansion of free childcare in england, all designed to boost economic growth. the new pension tax rules will allow higher earners to save more into their pensions, tax free. the opposition labour party has said it s the wrong priority for the wrong people. emma simpson reports. at this nursery in south east london working parents like charlie love the idea of 30 hours of free childcare for those nine months and over in england. her daughter, dorothy, will hopefully qualify. will hopefully qualify. other to - line, will hopefully qualify. other topline, ecstatic, will hopefully qualify. other topline, ecstatic, i ve - will hopefully qualify. other topline, ecstatic, i vejust i topline, ecstati ....
hello and welcome to bbc news. banks and governments around the world are nervously watching the european markets to see if the crisis surrounding credit suisse will develop into a global banking crisis. so far the markets seem reasonably calm with shares in credit suisse rising almost 30% after the swiss national bank gave it a lifeline. and other stocks are up too. but there are concerns that a potential interest rate rise later on thursday by the european central bank could add further volatility to the situation. earlier our business presenter sally bundock explained why the situation at credit suisse was notjust important to the financial community but to all of us: a real worry about credit suisse. if that bank, which is 160 odd years old in switzerland, were to fail, it could have the same effect that the lehman brothers collapse had in 2008, which is it brings a huge amount of fear within markets about the stability of other banks. so people therefore act very q ....