LOS ANGELES - Dock workers have walked out of every major port on the US East and Gulf coasts, marking the beginning of a strike that could ripple through the world's largest economy and cause political turmoil just weeks before the presidential election.
The affected ports have the combined capacity to handle as much as half of all US trade volumes and the strike will halt container cargo and auto shipments.
The significance of a work stoppage at every major container port from Houston to Miami and New York-New Jersey depends on how long the strike lasts.
Analysts said the disruption could cost the US economy an estimated US$5 billion (S$6.4 billion) a day, threaten jobs and stoke inflation.
A backup resulting from a week-long strike would take about a month to clear, according to Ms Grace Zwemmer at Oxford Economics.
この記事は The Straits Times の October 02, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です ? サインイン
この記事は The Straits Times の October 02, 2024 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、9,000 以上の雑誌や新聞にアクセスしてください。
すでに購読者です? サインイン
Krupnova brings positivity to Wondersticks and S'pore
While it has been only two weeks since Eliska Krupnova joined Singapore Floorball Premier League (SFL) side Wondersticks, the 2020 world's best female floorball player has lit up the league in more ways than one.
HER UNFINISHED BUSINESS
Belarusian Goutseva back to complete her artistic swimming vision for Singapore
Villa now in the big leagues, thanks to their manager
On The Ball | There are doubts about the new Champions League format, its extended group stage and \"Swiss model\" fixture list. Try telling that to anyone connected with Aston Villa, though.
REDS' WIN 'SPECIAL' FOR SLOT
Manager says it will let wife see a happy man, but warns of tough stretch ahead
Respectful Emery wary of United's winning mentality
Unai Emery praised the under-pressure Erik ten Hag on Oct 4 as the Aston Villa boss labelled Manchester United \"the best team in the world\" despite their dismal form.
ANGE FACES A 'CURIOUS' TEST BY HURZELER
Brighton boss, who asked 'many questions' on a day at Spurs in 2023, has 'inside info'
Pogba's 'nightmare is over' as ban cut to 18 months
French international footballer Paul Pogba said on Oct 4 that his \"nightmare is over\" after a four-year ban for doping was reduced to 18 months.
Blues need time to compete with City, Arsenal
Chelsea are improving but are not yet ready to compete with top English Premier League clubs like Manchester City and Arsenal, manager Enzo Maresca said on Oct 4.
Billie Jean King Cup to align with Davis Cup format
The Billie Jean King Cup Finals will transition to an eight-team event in 2025, from the current 12, to mirror the existing Davis Cup format, the International Tennis Federation (ITF) said on Oct 4.
Money talks to grow US rugby reportedly back on
Rugby union's governing body World Rugby has revived talks to raise funds for growing the sport in the United States, three people familiar with the matter said.