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That position mirrors that ofjoe biden, who said back in march that us Steel Corp should remain a domestically owned american firm. Us steel it should remain american owned and american operated. In other News Volkswagen is considering Closing Factories in germany to cut costs. Its an unprecedented move and sets up a showdown with powerful unions. The Auto Maker which employs around 680,000 staff is struggling with its passenger car brand. Profits are getting squeezed amid the transition to electric vehicles and a consumer spending slowdown. A four Day Conference to attract foreign investment to russia is about to begin in the countrys eastern most major city vladivostok. The eastern economic forum is into its nint ....
President of the united states of america . Venezuela accuses the us of piracy as they confiscate president Maduros Plane claiming it was bought illegally. We start this hour in the middle east, where the israeli prime Minister Benjamin Netanyahu has asked for forgiveness from israelis for not being able to bring back alive the six hostages who were found dead in gaza on saturday. We were very close he said we were nearly there. But in a televised address, Mr Netanyahu remained defiant in his demand that israeli troops must continue to control the Philadelphi Corridor in the south of Gaza Something hamas has rejected. The Philadelphi Corr ....
To the deflationary spiral however now because theres a strong trend of Wage Increases, Finance MinisterShunichi Suzuki says its over. Joining me now is seijiro takeshita, whos a professor at the university of shizuoka. Thank you for being with us today. Talk to us first of all, this is a pretty unique set of circumstances that japan has pretty unique set of circumstances thatjapan has been pretty unique set of circumstances that japan has been through for the past generation. It is todays Declaration Calls for celebration . Yes, i would think so. Concerning the fact that for two decades, we havent seen any wage rise. Where the only country to do that. There are a lot of recurring profits, bits nine redeeming to their employees. This is, in that sense, a remar ....
The iconic 123 year old American Steel company and said its vital that the company remain owned and operated in the states. This is a big deal and notjust politically. Nippon steel is set to pay 14. 9 billion to acquire the us giant. But politically, this is territory President Biden knows well. He has cast himself as a champion of the Working Class and called himself the most pro Union President in history. He made headlines for walking the picket line with striking Auto Union Workers last fall. Unionised steelworkers could lend the president support in his election bid. They form the largest industrial union. And for his part, donald trump pledged to block the deal if he takes the white house again. They ....
American Steel Company and said its vital that the company remain owned and operated in the states. This is a big deal and notjust politically. And not just politically. Nippon and notjust politically. Nippon steel is said to pay 14. 9 billion to acquire us giant. But politically, this is territory President Biden knows too well. He is custom self as a champion of the Working Class and called themselves the most prounion president in history. He made headlines for walking the picket line with striking order Union Workers last fall. Unionised steelworkers could land the president support in his election bid, the North AmericanLustrous Union and for its part, ....