the bill adoption was classic bottlenecking. upon introduction georgia bill set for 14 went to a committee, had a hearing at which time the only people to testify on behalf of the bill it supports were music therapist, both from the national and state organization. legislators received a packet of information in which they had letters of support from other music therapist, letters of support from consumers, professor from georgia college was a faculty member in music therapy. at no time did anyone testify against the bill. at no time was any empirical evidence introduced demonstrating a significant threat to public health and safety and got no time did a single legislator or anyone else ask a challenging question or express any skepticism about the bill. now, if you want to work as a music therapist in georgia, you will do the following: you will earn a bachelor's degree or higher from an approved program. the program has to be approved by the music therapy association , same people that lobbied for the bill. you will pass a nat

with the word bottleneckers he drew on a well known word of bottleneck, something that restricts flow or movement. we wanted to take advantage of the negative freight associated with the word. right? we are familiar with the effect of the two hour commute coming with the bottleneck. each industry in our book from cosmotologist to dietician have existed bottlenecking behavior on behalf of their license. those who are active in the legislature or elected officials recognize this behavior instantly. seems like coordinated letter writing campaigns, crowding out legislative committee hearings, or industry day at the capitol, campaign contributions, going to a committee hearing and spilling testimony full of unsubst unsubstantiated facts and ant dotes. they considered to repeal the licensing bill for interior designers in the south. that bill received enormous attention. interior designers from florida and from the south spilled hours of testimony during which interior designers talked about the importance of their license. one of them said if you will repeal the law it will result in the d

every bottlenecker or going back decades has said this same thing. new the advocacy efforts of a regulatory affairs team and state-based task forces, they go state by state asking for a license for music therapy. or to date, more than a half dozen states have already adopted such a license. and the fact that these states have adopted these licenses is not as a consequence of some demonstrable need. instead, it is because the music therapists have mounted this campaign. and there is no better example than here in georgia. georgia, in recent years, adopted its own music therapy license bill. and and the bill's adoption can was classicottlenecking. upon introduction, georgia bill senate 414 went to a committee, they had a hearing at which time the only people to testify on bea half of this bill this support -- behalf of this bill, in support, were music therapists both from the national and the state organization. legislators received a packet of information in which they had letters of support from other music therapists, letters of support from consum

[laughter] but as a co-author of "bottleneckers" don't miss your opportunity to get a copy of it. gaming the government for power in a private profit with the assisted justice to define and implement the social science research as an experienced researcher and published on a variety from education policy to the dynamics then we will talk about that. in the academic journals including economic affairs in the urban live journal international journal of ethics urban studies and magazines including regulation and the american school board journal and also be quoted in newspapers and all reet journal. put the research for institute of justice is the unintended consequences of campaign finance reform with the and how industry insiders cut out competition. into victimize the of vulnerable for the eminent domain and use. and they have done some excellent work with some of the toughest legislation in georgia so we think you for that. a schoolteacher and principal as an analyst and a faculty member where he is currently a professor. despite what you think and tells me he is a self-proclaime

brutal bottlenecks. the 2.6 miles around the lincoln tunnel results in 3.4 million hours of driver delay, every year. >> our r-bottlenecks getting -- are bottlenecks getting worse? >> getting worse over time. certainly between 19882 and today, it was a lot of studies that show that traffic that once was just in l.a. is now worst than what l.a. was like back then. in dozens of cities around the country. >> reporter: while all the bottlenecks suffer from too much volume, too many cars, the causes for the problems vary, as do the solutions. researchers recommend where possible expanding the roads as well as looking at improving mass transit and using smart technology to make the crowded corridors more efficient and thus more able to handle the extra vehicles. chris and mary? >> kris van cleave, thank you. >>> we all know how expensive it is to raise children these days so what if your kids could become contributors? social media is exploding with opportunities for every day kids to become superstars and sup

more bottlenecks.cribe right now you have a situation where the people at the very bottom, family farmers who are the inputs into the system, are struggling. you have people who are at the very top, you and me, the end-users who are also struggling with high prices. it's an classic squeezing the balloon fashion if you squeeze the blue more in other places it's going to get bigger when the places that are not squeeze and that's a a family farmersd consumers will end up paying the price. rather than looking teaser antitrust policy or not use the policy to allow more bottlenecks to be created i would say let's use it to go after the bottlenecks where they exist. other people who control those inputs, the ag biotech companies are talked about may also throw in there some of the transportation companies, the railroads, for example, which are very concentrated, are they abusing their market power and do we need to get more aggressive about, if not breaking them up at least adding the regulations to make sure

the intersection of the commuter thorough fairs is the worst -- t worst bottleneck. eight points along 270 made it on the list of the state top 30 bottleneck. 95 at greenbelt metro drive is the second worst slowdown spot. while 95 north at maryland 100 and southbound 270 at the spur round out the top four. transportation leaders say money has been invested but more is needed to improve traffic flow. >> projects to improve mobility have been identified. without those we continue to see significant traffic bottlenecks across the state. >> think about this. the next time you are sitting in congestion just stuck behind the wheel, congestion in maryland costs $1,800 per commuter each year. maryland transportation secretary says the state is already working to think out of box to fix your commute on 270. >> we have gone out with the first of its kind procurement where we have simply said we have this route a $100 million. tell us how you are going to move the most vehicles, the farthest the fastest. whoever brings that solution to us will bring the group of companies that

some of the supply chain issues in the bottlenecks. qe does not fix bottlenecks. it does not make people get vaccines. what does it do -- a little bit out of the purview? mike: the only thing the fed can do in reaction to this, if they were worried about inflation rates, interest rates? at this point, that would risk the economy. at this point, you can read into that that they have made the choice to let the economy -- it is a calculated risk. as far as supply chains, not much they can do is -- can do except hope production continues to ramp up. even if they raise rates, if they stop qe, it will change investment decisions. taylor: we continue to focus on some of those inflationary pressures, the supply chain conversation. we will do that with the port of los angeles's executive director. we will be discussing some of the real-world effects. what did you think, 55, 56 ships? romaine: i was thinking it was 62. taylor: the port of long beach, 55 ships. romaine: my sofa is on one of those. taylor: that is my barbie doll floating on the pacific ocean. this is bloomber

that new report find one of the top 50 recurring bottlenecks right her in philadelphia. chopper three live right now over the schuylkill expressway, route one, between city avenue and roosevelt boulevard. this one right here, comes in at number 36 on that list. correspondent kris van cleave joins us from another torrealba just trouble spot, lincoln tunnel connecting new york and new jersey, chris, good afternoon. >> reporter: good afternoon, that's right, lincoln tunnel the worse traffic bottlenecks on the east coast. but philly doesn't get off easy. they have two spots on this top 50 list, you talked about one the other is where 76 and 676 get together. that interchange between downtown and the ben franklin bridge. that can be a nightmare for drivers, as well, and when you total up the amount of lost time, because of this traffic, that works out to about $2.4 billion in lost productivity every year. drivers, it doesn't get worse than this. a 12-mile stretch of red lights, crawling cars, and pure commuter agony. interstate 90 in chicago around o'hare airport is considere

it's a breakdown and a bottleneck and you have to overwhelm the bottleneck.omaine: is there a centralized approach to all of this? ryan: generally almond advocate for free market approaches. but you're never going to have a true free-market imports because you don't want anybody with the beachfront property to say i don't want to port coming to unload containers. you will need some level of top-down. romaine: it is little fiefdoms here with individual countries controlling their little piece of the pie. ryan: the port of long beach is owned by the city of long beach. it may have different priorities than the u.s. and economic strategic priorities as a nation. what are the odds they will invest the right amount of capital. the port of oakland is owned by the city of oakland. are they going to put in investments to keep the capacity low? they don't have the budget for that. there's a role for the federal government to come in and step in from an infrastructure perspective. caroline: is it just from getting the right people together in the right virtual room to

and going nowhere fast, the worst bottlenecks in america. >> i give myself about an hour and a half to get to work. captioning sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: this is our western edition. tonight as 47 million americans are getting ready to head out of town for the holidays, the state department issued a worldwide travel alert. it says that holiday gatherings could be among the targets of terrorism. homeland security correspondent jeff pegues has more about the alert and what law enforcement is doing to protect you. >> reporter: the alert warns u.s. citizens to exercise particular caution during the holiday season. it says terror groups such as isis and al qaeda continue to plan attacks using conventional and non-conventional weapons. while officials say there is no credible threat to the u.s., there will be more security at the nation's 500 airports this thanksgiving travel week. transportation security administration workers who typically process 2 million people a day will see a 40% increase in passengers over the holiday. scott brenner,

but those bottlenecks that they called stopping places, according to the words of the supreme leader today that a license has lasted for 3 years , those bottlenecks , unfortunately, are still the same as before in the devices. the second step. the process would have been completed. from the perspective of the parliament, why didn't you correct this and monitor this matter more closely so that these bottlenecks could be resolved, or maybe you could give us a more detailed report? and the judicial branch of the inspection organization he should leave open the entrance to the system and administrators who commit violations, and make him a criminal . mr. doctor's saying, we have come to criminalize, that is, for the first time in the law , we have put the guarantee of law enforcement in the law itself , that is, we have said that if an individual exactly the same crimes that are happening now, if someone outside the system attempts to issue and license a device outside the system, if a one-step device in addition to what is already there, if a device delays, we have criminalized all of t

bottlenecks.d consumers have more transparency and choices to be able to take advantage of all those new opportunities. we did kind of a three-pronged effort. we took the funds that were provided by congress and the american rescue plan and deploy $1 billion there is more local and regional packers and chicken processors and others in the middle part of the bottleneck so there is more of a choices both for consumers and farmers and ranchers. that's a long-term effort is not, you'll change instantaneously but it's important to lay the groundwork. another thing we immediately dead was stood up the enforcement effort we didn't just do that in the meat and poultry capacity we did it across the sector. places that lack grocery investing and supporting those opportunities at the retail level. the whole range of food system transformation investment designed to deliver change across the system. glove antitrust and fairmarket competition were greeted , stood up a number of different work streams we renewe

unfortunately , those bottlenecks are still the same as before. i have a few names. one question, mr. zanganeh . connecting in the second step of completing the process from the perspective of the parliament, why didn't you correct this and monitor this issue more closely so that these bottlenecks could be resolved, or maybe you could give us a duplicate report? inspection organization to enter the device and administrators who violated. they are going to leave it open and put rails on it, criminalize it, he himself is the supervisor of the implementation of the laws, he is also the supervisor of the implementation of the laws , which is one of the duties of the parliament. we criminalized it, that is, for the first time in the law to guarantee the implementation of the law, we put it in the law itself , that is, we said that if a person does exactly the same crimes that he is doing, if a person outside the system , a device outside the system attempts to issue a license , if a one-step device add to what is already there, if a device delays, we have criminalized all

.— bottlenecks.s. and you think being part _ bottlenecks. and you think being part of _ bottlenecks. and you think being part of the _ bottlenecks. and you think being part of the single - being part of the single market, which the uk is no longer, _ market, which the uk is no longer, is _ market, which the uk is no longer, is helping you adjust to these _ longer, is helping you adjust to these challenges? i longer, is helping you ad'ust to these challenges?fi longer, is helping you ad'ust to these challenges? i think it is helping _ to these challenges? i think it is helping us _ to these challenges? i think it is helping us because - to these challenges? i think it is helping us because we - to these challenges? i think itj is helping us because we have access to otherjob markets when you are asking for some more people in restaurants, hotels, for truck drivers, for instance, you have access to other labour markets, and i have been discussing that with my friend rishi sunak very long now, because we

are making the most money is and to create more bottlenecks.ing the balloon fashion you squeeze it more the prices it's going to get bigger places that squeeze. consumers will end up paying for t. we were talking about the farmers being upset ag buyout but with union pacific. attacked the bottle don't create bottlenecks. >> i want to jump in and say i 100% agree. antitrust is one tool. most of these agreements we talk about not only are very expensive from the perspective of a farmer they also turnover tremendous amount of the farmers data. all access to the farm without limitation access to the farmers loan programs and data. a number of other privacy and nationals. the regulatory things are somewhat split. mergers and antitrust proceeds as doj. you fda does not really have antitrust overseas but we do the federal seed act that was nice hundred years ago but today people find their seats online before it even was into yoga disclosure of the kind of variety or by. you can even get the disclosure till it lands on your farm in the magazines. ther

of course we cannot relax, there are too many obstacles, barriers that we have to overcome, our bottleneckspecially when working through ports, and indeed this is a railway. naturally, we left the baltic ports, we are working in the st. petersburg region, we are looking at the more northern ports of murmansk, and these are millions, millions of tons of cargo that we must supply, naturally, we are working on south of the russian federation, through their port, no one is stopping us at the ports, but i emphasize once again that the bottleneck is railway supplies, especially... in the direction of st. petersburg, i already told you when we talked with the president of russia, we discussed the problem of a bottleneck, this railway transport, so i asked the deputy prime minister of the svk and the prime minister to prepare , well, let’s say, presentation materials on all bottlenecks for my meeting, which will take place in the near future with the president of russia... st. petersburg railway, i think we can go big there, laying 170 or more kilometers there , a second line, or we can return to

are bottlenecks getting worse? >> it is getting worse over-- over time, between 1982 and today there's a lot of studies that show traffic that was once in l.a. is now worse than what l.a. was like back then in dozens of cities around the country. >> reporter: while all of the bottlenecks suffer from too much volume, too many cars, the causes problems vary as do the solutions. general researchers recommend expanding the roadways as part of the solution, expanding mass transit options and looking at smart technology that can make already crowded roadways and corridors more efficient, more able to handle the traffic. andrea? >> all right, chris. sounds easy but we know it will cost a lot of money to make those changes. absolutely. thank you. >>> there's no way to hit holiday traffic if you are hitting the roads for thanksgiving. but you can lessen your chances. tomorrow there will be peak traffic from 4:00 to 8:00 p.m. like it often does on fridays around here, traffic will start to increase around 1:00 in the afterno

but one stretch of the hollywood freeway bottleneck, other freeway has design issue.oln tunnel this is 80-year-o infrastructure that j,,,,,,,,,,,,,, >>. >> reporter: interactive games are no longer just for kids and they're not just fun and games either, businesses all around the country will taking their employees to escape rooms you have one hour to work together to find your way out. omar via fran ka shows us how it works. >> janet smith gets paid to lock people in a small room and monitor them as they plot their escape by finding riddles and solving hidden clues. >> you can see he's getting a really frustrated. >> what may seem like a cruel prank is becoming big business in dallas for andrew and his wife tracy. the couple opened escape expert in late january, the 6,000 square foot building has five-rooms where contestants must work together to try and escape. >> my name could refer to fake money. >> today they average 700 customers a week. >> wait. wait. black. round and fuzzy. >> and at about $30 a person, that's about $80,000 in sales a month. >> it's taken from

and to -- a report out today names the 50 worst traffic bottlenecks in america. number one is in chicago. total traffic and weather network is providi us with this live picture. and here's transportation correspondent kris van cleave. >> reporter: every day drivers in chicago collectively spend nearly 65,000 hours stuck in this. >> i give myself about an hour and a half to get to work. >> reporter: after chicago the next six worst bottlenecks in the country are all in los angeles. in downtown, a two and a half mile stretch of the harbor and two major interchanges, making it a magnet for traffic. [horn honks] the worst bottleneck on the east coast is the lincoln tunnel connecting new york city and new jersey. altogether drivers there experience 3.4 million hours of delays each year, but the bottlenecks aren't just in megacities. austin comes in at number ten. norfolk, virginia, also made the list. secretary of transportation anthony foxx. >> i thinknk what people should think about is that thehe traffic they're experiencing on thanksgiving holiday could be traffic

in conventional urban floods really, our main points of damage are these bottlenecks. according to the 7th plan, the ministry of energy must announce the location of flood bottlenecks to the ministry of interior and road and urban development within one month after this law comes into force, so that they can take the necessary measures to prevent possible damage from any flood. the month has given us the opportunity to announce that we have done this, and we have done it now, although the 7th plan has just been approved, but floods in iran are not new. in some places, the flood continues to destroy? every series of floods destroyed an area and there were floods in 650 places he has not thought about it. this sealband was very good. if it wasn't there, the villages would really be destroyed . may our road be preserved. with the announcement of the location of the flood bottlenecks , the ministries of the country, road and urban development have 6 months to formulate a plan and 2 years to implement those plans . be a viewer of stock market news with the performance of my

>> we are already seeing bottlenecks in a variety of goods. raise rates and it will cost more to make the investments in capacity we need to alleviate those bottlenecks, if we raise rates in an attempt to shut the man down to close off these bottlenecks from opening, you are essentially leaving a lot of investment, gdp growth, employment growth and improvement in employment conditions on the table just to avoid transitory price spikes. caroline: how much is an investor base a help or hindrance? how much investors do want to see return from share buybacks and putting money in pockets? how much are we seeing longer-term investors that is not the way to go and are seeing signs? >> part of the trick is recognizing a lot the managers and people in these companies making these investment decisions have come up in a world that has been structured over the past 10 years by systematically low demand. for some younger folks, there is no muscle memory. the memory of the 1970's looms larger than the 1990's, so they may remain hesitant as well. romaine: we

i already told you when we talked to president of russia, we discussed the problem of the bottleneck, this railway transport. and i asked the deputy prime minister of sevk and the prime minister to prepare for my meeting, which will take place in the near future, with the president of russia , well, let’s say, presentation materials on all the bottlenecks in the direction of st. petersburg railway, i think it’s possible there go on a large scale, laying a second branch there for 170 or more kilometers, or we can return to what was in the soviet period ; restore the crossings; by restoring the crossings, we we will significantly increase the supply of our products in the coming years. vladimirovich supported this idea, he simply said: i did not delve into this issue deeply enough, let ’s discuss it at a meeting, we are scheduling this meeting and will discuss issues of railway supplies. the question of building our own port facilities remains open. in russia. alexander lukashenko noted that this topic was raised during negotiations with his russian counterpart vladimir putin. there is

you have cars backing up behind a bottleneck. you have cars going in the opposite direction of looking at what is going on. people see this jam. the exit. they take detours. it is not good. it prevents people from where they want to go. it prevents the flow of traffic. it is not a good thing. i am currently working at the general in ps, that is the only devoted psychiatric emergency room in san francisco. a at p.s., which predominantly see patients that are brought in against their will. there are dangerous to others or cannot care for themselves. as a psychiatrist, i feel like a police officer on the highway. you have mentally ill patients in need of treatment. in a bottleneck with limited resources. -- you have a bottle neck with limited resources. you are trying to divert them or admitting some patients who really need to be admitted. there are a number of ways to relieve the pressure in the spot on the situation. the first is -- there are limited beds. they put people back in the community. they go back to where they came fro

it is a bottleneck in the next bottleneck once you enroll, where you place it in where are the truckvers to move back great? is going to be what's going to happen with that particularla situation. >> moving 24/7 operations, eight exacerbates the problem parks. >> i think it helps the unloading of the ship but will all happen is it will cause because it's going to be sitting there and still has to be moved. that's common within supply chains, usually when you get rid of one bottleneck, there is more. >> how does it work, is it primarily and power, use ofst technology, how does it work that things offload ships and onto ports? >> those are well automated so that's one thing if i were to stress the future we need to do a better job automating this facilities. it's labor-intensive rightht now so that is an issue having labor day and there's only so much you can work, 24/7 continuous operations, that's a lot of hard work for people on weekly basis so far other dilemmas to support that type of operation. >> look at the bottom line is increasingns. >> absolutely so you're probably time in h

that's where there's another bottleneck that were going to find.t's a band-aid that i believe is being put on. all we have to do is say we are all in this together, we have to take an end-to-end view of the supply chain. we have to remember an incredibly important fact which is the end consumer is the one who gets the experience. that end consumer is the only person the puts real money into the supply chain. taylor: are there key permanent learning lessons that we can take away from this? that running this on such a tight ship, maybe that was a mistake. maybe there should have been more room for error so if one thing breaks down, the whole system doesn't fall apart? >> what we did, we took away the safety stop. that's why inventories were so small. we took away the redundancy that in the past we were prepared to pay for it by having alternative means to do things. what that has done is it has left us struggling to be able to get goods to market. the way to address this is to say let's build a relationship that is not based just on price and deliver

the biggest bottleneck was the bottleneck from cushing, oklahoma to houston. and that there was a very large price differential of crude in houston and cushing versus crude in houston. so that bottleneck is being taken care of by the pipeline, the people who invest in pipelines. and as that is being taken care of as we speak, there are numerous plans to enlarging that pipeline, and one pipeline is being reversed. so that refined products from houston and louisiana can then be deported to the midwest. another pipeline from chicago to cushing also is being built, as far as i know. so much of the pipelines in the united states that would bring oil from wyoming, north dakota, and to get the oil to the refineries that hahe to refine back up are being done in the private sector. jobs, that is going to be helping in the end the gasoline prices we are very concerned about, and the administration has taken in addition to -- i mean this pipeline activity occurs because once you see big price differentials, the industry steps in and says hey, we can fix that. in addition

hello, what did these bottleneck technologies include?cutive of the president stated that these items are items that our oil industry has depended on for years, between the items and the ability of knowledge-based companies to create shallow water drilling rigs, robusts and mobile brain cells , directional drilling equipment and zld equipment camps. these are issues that put knowledge and technology at the edge, and knowledge-based companies, considering the very good capacity that has been created in the country , have almost 10% of the capacity of the country's knowledge-based companies, oil and energy companies, which are one of the issues that have been discussed for years in the knowledge-based economy. in the knowledge-based field, we wished to express executive bodies and use knowledge-based in big projects, which is being done in the 13th government. there is an agreement and the work has started. we hope that we will be able to do something good for our people in the coming months , especially in the field of helping us in this f

it's not just one issue, but we will use every lever at our disposal to adjust the bottlenecks -- bottlenecks as quickly as we can. >> based on everything being announced today, can this administration guarantee the holiday packages will arrive on time? jen: we are not the postal service, ups or fedex. we cannot guarantee, we can use every letter at the federal government to reduce delays to ensure that we are addressing bottlenecks in the system, including ports and the need for them to be open longer hours so that goods can arrive, and we can continue to press not only workers and unions, but companies to take as many steps that they can to reduce these delays. >> the few lines about what walmart is committing to today. there is increasing use of nighttime hours within an increasing 50% for several weeks. this is a company that was frequently maligned during the democratic presidential primary. it's paying workers pretty bad wages. the administration, did they seek assurances that these changes won't affect the store workers that there might be some kind of pay raise or other occurrences th

a, we do see companies hit by the bottlenecks.mills, which should be printing money, having some issues with trucking. when you get some hot numbers, do people wonder if some combination of real earnings hits, plus the fed starting to waver a little bit could create some volatility for the market if some regional fed presidents come off message? >> i guess i disagree with the premise because they are actually coming on message. we've seen traditionally hawkish regional fed presidents buying into the strategy. bullard is the latest of them. you see it from rosengren, barkan, richmond. these are regional fed presidents who have been hawkish. the fed is going to pull the rug out from underneath it as you are getting more political buy-in from your lieutenant? that seems absurd to me. i think the fed being easy is the name of the game and will be the last central bank to taper. that is going to be negative for the dollar, and it could mean some rotation into equities overseas. when you talk about production, we are talking about one m

it is a difficult bottleneck at that moment.act that we cannot use the rhine river in full capacity can make that bottleneck hurtful for a lot of companies, and indeed, can rise energy prices. mohammed: when it comes to this bottleneck and talking about the rhine river, from your perspective, are there concrete measures that can be taken to ensure that the rhine can still be used by ships even during times of drought, let's say? >> there is no short-term measure you could do, but we are discussing about deepening the rhine river or deepening it for where ships are going. that's a long-term project. the government wants to start a project, but that will be ready in the early 20 30's, so 10 years time. when we are talking about climate change and about less rain and more periods of drought and low levels of water in the river, that is one of the measures which is necessary to ensure the transport capacity is still there. mohammed: ulrich, you talked earlier about how difficult it is to predict what's going to happen. there's no cr

the answer is attack the bottlenecks don't create the bottlenecks. >> i want to jump in and say i one agree. i want to add on a couple of thoughts that may be the folks in the room can take advantage of and others as well. there are a lot of tools antitrust there's a lot of tools to attack this problem the seeds sectors fastening that you mentioned. usda under the last administration put in place and agricultural marketing initiative to try to tackle a number of the challenges. what are these challenges? you mentioned three companies control the overwhelming seed sector two out of three are out there's only one that's us-based. most of those agreements you talked about not only art sort of very expensive from the perspective of the farmer but they turn over the farmers data. all access to the farm without limitation, access to the farmers loan programs, loan data at usda. a number of other privacy and national security, food security, all of those things. the authorities on these things are somewhat split. mergers are antitrust for seeds at the d.o.j. pesticides this ftc. is ftc. usda

as you highlighted these bottlenecks and _ to happen.ghlighted these bottlenecks and the _ to happen. as you highlighted these bottlenecks and the issues, - to happen. as you highlighted these bottlenecks and the issues, were i to happen. as you highlighted these l bottlenecks and the issues, were you able to come up with solutions at all? ., , , , , able to come up with solutions at all? ., , ,, , ., ., all? the world energy issues monitor it 'ust all? the world energy issues monitor it just takes — all? the world energy issues monitor it just takes the _ all? the world energy issues monitor it just takes the pulse _ all? the world energy issues monitor it just takes the pulse of _ all? the world energy issues monitor it just takes the pulse of where - itjust takes the pulse of where energy leaders are paying attention, to action priorities and what is keeping them awake at night. this year it shows it is geopolitics, geopolitics, geopolitics. and what is keeping them busy during the day is keeping them busy during the day is a mix of t

his job the supply bottlenecks giving the dax some issues -- you still have supply bottlenecks givingome issues. the cac 40 doing better than other regions but ending the month on a sour note. let me show you the sector picture. this is month to date and i think this is fascinating. you have opposite end of the spectrum when it comes to the commodity linked equities. basic resources on top. the bloomberg commodity index hitting an all-time high. at the bottom, energy. not all commodities being treated the same. we have a lot of oil majors reporting, giving hope when it comes to dividends. in the middle you of real estate doing well. media doing well. retail one of the worst performers month to date. covid concerns continuing to weigh on retail. let me stick with the commodity pictures. i want to show you what natural gas in europe has done. there is been a blistering rally in the dutch listed futures, yesterday reaching its all-time high. all about the supply related constraints. demand coming back. traders saying this is an overbought rally in the overbought rally taking a dip on tha

and that means traffic jams. 40% of road delays are caused by bottlenecks and have nothing to do with or construction. kris van cleave reports from one notorious trouble spot, the entrance to the lincoln tunnel in new jersey. >> the lincoln tunnel that connects new jersey to new york city, the worst traffic bottleneck on the east coast and anyone sitting in it can tell you that. researchers looked at the bottle necks and found the amount of money for sitting in the traffic, more than $2.4 billion a year and when we say bottlenecks we don't mean rush hour, we mean spots like this that always seem to be bad. drivers it doesn't get any worse than this, a 12 mile stretch of red lights crawling cars and pure commuter agony, interstate 90 in chicago around o'hare airport is considered the worst traffic bottleneck in the country resulting in 16.9 million hours of wasted time. that's an estimated $418 million of lost productivity a year according to a new report out this morning. the reason, pure volume. >> they've destroyed so many neighborhoods to build it and yet people can't get anywhere.

we just heard biden say that easing bottlenecks securing supply chain, that these are the answers. what does that mean by this? well, there's 2 answers to this. one is, does he even know what he's discussing? because president biden said that some parts of his plan. he's got done without congress is help. all right, so what is his plan? his plan is focused on lowering costs for the average family in america, just to give them a bit of breathing room, as he says, will speak to the american consumer and ask them the prices of ease that all this year. and then ask them if they have more breathing room with more disposable income and the response you're likely get as this you want an answer? pay me for my answer. i need the money that's number one and number 2 button is talking about easing bottlenecks and looser supply chains being fixed while we're doing on one and a half years of his administration being in power and has the worker shortage improved has inflation, is are there less cargo ships off the coast of california has transportation costs been lowered, have wages increased, h

3.4 mimiion hours of >> compared 2005 to 2015, are the bottlenecks getting worse? >> it is getting worse over time, certainly between 1982 and today there's a lot of studies that show that traffic that once was just in l.a. is now worse than what a. was l le back then in dozens of cities around the country. >> greg cowant runs the alliance who runs the study. one study that dropped off the wood row wilson bridge outside washington, d.c. it was rebuilt and traffic improved. >> there'sn opportunity there to do someththg that, you know, is good for people, saves lives, saves the environment. >> reporter: now, all 50 of these suffer from too much volume, too many cars. but one stretch of the hollywood freeway bottleneck, other freeway has design issue. here at the lininln tunnel this is 80-year-old infrastructure that just can't keep up with demand to expand it would require a huge investment. right back. >>. >> reporter: interactive games are no longer just for kids and they're not just fun and games either, businesses all around the country will taking their employee