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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 ....
The two major sticking points between the international longshoremen S Association and us Maritime Alliance are wages and automation. Workers are unhappy with the current contract, which spanned the pandemic, when Dock Workers stayed on the job and endured months of soaring inflation on automation, the Union Boss has been warning Dock Workers that their jobs could be replaced by machines. In response, the us Maritime Alliance has said its offering to keep the current ban on fully automated equipment. A strike could cost the us economy 5 Billion a day, according to Jp Morgan analysts. A range of Goods Flow through the East And Gulf coast ports, everything from raw materials and pharmaceuticals to clothes and toys, with the ports accounting for more than half of containerised imports. While consumers may not feel the impact of the strikes right away, if it extends for weeks, it could lead to shortages and higher prices ahead of the pres ....
The Israeli Military has been describing it as a targeted, localised limited incursion so far. We had some details from a senior israeli Security Official, saying that these are local raids, very limited in scope, in the area, so no crashes happening so no clashes happening at the moment between israeli forces and hezbollah fighters in the south according to this senior israeli official. Obviously hezbollah has remained defiant. Yesterday, we heard from the Groups Number two who said that hezbollah fighters were ready to confront any israeli invasion. This is a part of the country that is a hezbollah stronghold. Obviously after two weeks of widespread israeli Air Strikes, high profile assassinations, hezbollah has been weakened, its leadership has been almost completely decimated, but the group remains a very powerful force. It is believed to have thousands of rockets, incl ....
As two of the partys four he has won every competition you can imagine already in his career, and he has transformed the club with a clear identity the club with a clear identity under him and that is a big under him and that is a big achievement, the way he has achievement, the way he has done it, personally, so a very done it, personally, so a very good test for all of us. Good test for all of us. Elsewhere, barcelona elsewhere, barcelona had had a perfect start had had a perfect start to their season before to their season before losing their opening losing their Opening Match of the Champions Match of the Champions League to monaco league to monaco and then they also tasted and then they also tasted defeat in La Liga for the first defeat in La Liga for the first time on saturday. Time on saturday. But will still be heavy but will still be heavy favourites to beat Swiss Side favourites to beat Swiss Side Young Boys on tuesday. Young bo ....