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Biden says first shipments of baby formula flying in from Europe this weekend

(Reuters) - The first shipments of infant formula from Europe to address a critical shortage in the United States should begin arriving this weekend, President Joe Biden said on...

(Reuters) - The first shipments of infant formula from Europe to address a critical shortage in the United States should begin arriving this weekend, President Joe Biden said on Friday amid criticism of his administration's handling of the issue.

Biden said on Twitter (NYSE:TWTR) the initial military cargo plane flights under "Operation Fly Formula" meant that "up to 1.5 million bottles of safe Nestlé infant formula will be coming to U.S. shelves as soon as possible."

A Feb. 17 recall by top baby formula maker Abbott Laboratories (NYSE:ABT) during an investigation by the Food and Drug Administration has created one of the most urgent food shortages in recent history for U.S. families.

Biden this week said he was invoking the Defense Production Act to increase supplies.

"The Secretary of Defense ordered today the first flights supporting Operation Fly Formula. Due to the urgency of the situation, these flights will comprise U.S. military aircraft and will depart Ramstein Air Base in Germany this weekend," White House Communications Director Kate Berner said on Twitter.

"The flights will transport 132 pallets of Nestlé Health Science Alfamino Infant and Alfamino Junior formula to Indianapolis, IN. These formulas have been prioritized because they serve a critical medical purpose and are in short supply in the US because of the plant closure," Berner wrote.

Aptamil maker Danone SA (OTC:DANOY) has stepped up shipments of infant formula from Europe to address a shortage in the United States, according to U.S customs data and an analysis of ocean cargo data by shipping consultancy Ocean Audit for Reuters.

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28-03-2024 15:54:52 (UTC+7)

EUR/USD

1.0792

-0.0034 (-0.31%)

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EUR/USD

1.0792

-0.0034 (-0.31%)

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GBP/USD

1.2609

-0.0029 (-0.23%)

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USD/JPY

151.40

+0.09 (+0.06%)

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AUD/USD

0.6496

-0.0037 (-0.56%)

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USD/CAD

1.3603

+0.0036 (+0.27%)

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EUR/JPY

163.34

-0.41 (-0.25%)

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EUR/CHF

0.9777

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24.562

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4.0008

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85.78

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5,095.25

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16,541.42

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US Small Cap 2000

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11,068.22

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53.010

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Bayer AG NA

28.54

+0.12 (+0.42%)

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Allianz SE VNA O.N.

277.93

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Adidas AG

206.55

+1.85 (+0.90%)

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Deutsche Lufthansa AG

7.262

+0.086 (+1.20%)

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Siemens AG Class N

177.05

+0.13 (+0.07%)

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Deutsche Bank AG

14.673

+0.060 (+0.41%)

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    EUR/USD 1.0792 Sell  
    GBP/USD 1.2609 ↑ Sell  
    USD/JPY 151.40 ↑ Buy  
    AUD/USD 0.6496 Buy  
    USD/CAD 1.3603 Buy  
    EUR/JPY 163.34 Buy  
    EUR/CHF 0.9777 ↑ Sell  
    Gold 2,216.60 Neutral  
    Silver 24.562 ↑ Sell  
    Copper 4.0008 ↑ Sell  
    Crude Oil WTI 81.81 Sell  
    Brent Oil 85.78 ↑ Sell  
    Natural Gas 1.704 ↑ Sell  
    US Coffee C 191.10 ↑ Buy  
    Euro Stoxx 50 5,095.25 Sell  
    S&P 500 5,248.49 ↑ Buy  
    DAX 18,497.85 Sell  
    FTSE 100 7,956.95 Buy  
    Hang Seng 16,541.42 ↑ Buy  
    Small Cap 2000 2,114.35 ↑ Buy  
    IBEX 35 11,068.22 ↑ Sell  
    BASF 53.010 Neutral  
    Bayer 28.54 ↑ Buy  
    Allianz 277.93 ↑ Buy  
    Adidas 206.55 ↑ Buy  
    Lufthansa 7.262 Sell  
    Siemens AG 177.05 ↑ Buy  
    Deutsche Bank AG 14.673 ↑ Sell  
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank7,880/ 8,050
(0/ 0) # 1,447
SJC HCM7,900/ 8,100
(10/ 10) # 1,498
SJC Hanoi7,900/ 8,102
(10/ 10) # 1,500
SJC Danang7,900/ 8,102
(10/ 10) # 1,500
SJC Nhatrang7,900/ 8,102
(10/ 10) # 1,500
SJC Cantho7,900/ 8,102
(10/ 10) # 1,500
Cập nhật 28-03-2024 15:54:54
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KRW15,9219,29
Cập nhật lúc 15:49:49 28/03/2024
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