Price Makers News Today

speaking to a music journalist, its monday, the 26th of june. of the most serious threat to vladimir putins grip on power, still no sightings of two men at the center of this crisis. go get screened. fergie says shes screened herself for cancer and urges earn else to get checked. also, the health minister, on weather theyll look at review board expectations for the staff. >> the point is to have a process where you have expert advice. >> this isnt no way to run a country. they sh...

hello there. we start with the cost of living crisis — because the uk is facing a summer of discontent over pay, according to the head of the biggest private sector union. sharon graham, who runs the unite union, has told the bbc its not "militant" to ask for pay rises in line with inflation, currently running at over 9%. she says tens of thousands of her members, from bus drivers to refuse collectors to factory workers, are involved in pay disputes around the country. this warning c...

Government is using them when its helpful to them. >> i understand that inflation is not dictated to by public sector pay. am i wrong. >> no, youre not wrong. if you increase the pay for teachers, the cost of going to school doesnt increase. i dont have to pay more for my kids. so you dont have to pay more. theres no price makers. anyway, public sector workers are only 14% of the work force, 18% in britain actually work in the private sector, so its a crazy idea, and i think its another excuse t...

Is predicated on the idea that they are not the profit margins in companies to do anything else. is that fair or our company is actually able to offer a bit more to workers? i think it really depends on the company. this gives us a sense of what type of companies are likely to do well in an inflation environment and which might struggle. it is about which companies are price makers and which are the price takers. which companies can takers. which companies can take on those extra costs from high...

So exxon reported $11 billion in earnings today and they go ahead and they point the finger at the station owners. how come that doesnt add up when you look at that with common accepts? >> yeah, the station owners are price takers. theyre not the price makers. the makers of that price are exxon mobil, opec, the 1.2 million barrels of oil that is no longer being produced out of libya, the 800,000 barrels of oil out of saudi arabia is no longer, in fact, putting on the market. theyve taken it off....