And what would you do with a spare 25 Billion Euros . Thats the question facing the irish Government Today as it delivers its budget following a huge Tax Windfall from Tech Firms. Live from london, this is business today. Im lukwesa burak. We start in the us where in the last 30 minutes tens of thousands of East And Gulf Coast Port workers have started striking for the first time in nearly 50 years. This comes after the international longshoremen s association and the us Maritime Alliance were unable to reach an agreement on the terms of their contract. The strikes will halt trade in a wide range of goods and disrupt the Countrys Economy just as we enter the final weeks before the president ial election. Our North America Business correspondent Ritika Gupt the two major sticking points between international longshoreman s association and the us Maritime Alliance are wages and automation for the workers are unhappy with the current contract which spanned the pandemic and dockworkers st
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 last night, and work is basically raring to go, blasting music this morning, i saw some children walking aroun
Three hours. Afterwards the two president s held separate News Conferences but hit some of the same tones and themes, Mutual Respect and optimism tempered by realism. I did what i came to do. The bottom line is i told President Putin we need to have some basic rules of the road that we can all abide by. I made it clear to him that i believe. Consequences of that would be devastating for russia. I dont think hes looking for a cold war with the United States. President putin seemed to be looking for the right category for mr. Biden, among the four u. S. President s he has met with during his 20 years leading russia. Translator he is very balanced, professional man, its obviously clear that he is very experienced and it seems to me that we did speak the same lan language. Certainly doesnt imply that we must look into each others eyes and find a soul or swear eternal friendship. Our chief National Affairs correspondent jeff zeleny is live in geneva. Good morning. Youve now had some time to
Three hours. Afterwards the two president s held separate News Conferences but hit some of the same tones and themes, Mutual Respect and optimism tempered by realism. I did what i came to do. The bottom line is i told President Putin we need to have some basic rules of the road that we can all abide by. I made it clear to him that i believe. Consequences of that would be devastating for russia. I dont think hes looking for a cold war with the United States. President putin seemed to be looking for the right category for mr. Biden, among the four u. S. President s he has met with during his 20 years leading russia. Translator he is very balanced, professional man, its obviously clear that he is very experienced and it seems to me that we did speak the same lan language. Certainly doesnt imply that we must look into each others eyes and find a soul or swear eternal friendship. Our chief National Affairs correspondent jeff zeleny is live in geneva. Good morning. Youve now had some time to
Three hours. Afterwards the two president s held separate News Conferences but hit some of the same tones and themes, Mutual Respect and optimism tempered by realism. I did what i came to do. The bottom line is i told President Putin we need to have some basic rules of the road that we can all abide by. I made it clear to him that i believe. Consequences of that would be devastating for russia. I dont think hes looking for a cold war with the United States. President putin seemed to be looking for the right category for mr. Biden, among the four u. S. President s he has met with during his 20 years leading russia. Translator he is very balanced, professional man, its obviously clear that he is very experienced and it seems to me that we did speak the same lan language. Certainly doesnt imply that we must look into each others eyes and find a soul or swear eternal friendship. Our chief National Affairs correspondent jeff zeleny is live in geneva. Good morning. Youve now had some time to