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Transcripts For BBCNEWS HARDtalk 20240707



new president, despite his unpopularity with the public. he faces the task of leading the country out of its economic collapse and restoring order. his disgraced predecessor, gotabaya rajapaksa, resigned after months of protests. now on bbc news, hardtalk with stephen sackur. more news coming up in half an hour. welcome to hardtalk. i m stephen sackur. around the world, there are signs of deepening worker discontent. inflation is outstripping wages. global corporations stand accused of putting profits before people, while many governments see organised labour as a threat. why then is the union movement seemingly in retreat? have workers lost their faith in collective action? well, my guest is long time boss of the international trade union confederation, sharan burrow. do workers have problems that unions cannot fix? sharan burrow in brussels, welcome to hardtalk. good evening. good to have you on the show. let s look at what is happening in the world right now. we have ....

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Transcripts For BBCNEWS HARDtalk 20240707



of too many central banks raising interest rates. we are not in a period where we can discount the fact that if you have growth way below profits and inflation, then you are, in fact, facing grim economic circumstances. and unless we share prosperity, workers are the victims. but aren t you trying to reinvent economics if you argue that workers pushing for massive pay rises right now is not going to be inflationary? all the evidence over many years suggests that once you get into that wage price spiral, it s very hard to get out of it. well, first of all, look at the wage claims. they re hardly massive demands, given the profits that, as i said, are really driving inflation. that s the key we see. with price rises in energy, with price gouging, with governments who are failing to regulate energy markets, failing to put the windfall tax on profits that we need, and to share that prosperity, then you re creating a low growth future against an inflationary spiral from pric ....

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Transcripts For BBCNEWS HARDtalk 20240707



well, my guest is long time boss of the international trade union confederation, sharan burrow. do workers have problems that unions cannot fix? sharan burrow in brussels, welcome to hardtalk. good evening. good to have you on the show. let s look at what is happening in the world right now. we have a spike in energy costs right around the world. we have rising inflation in many countries and a squeeze on the cost of living. how grim do you think the prospects for your members, for workers around the world are right now? well, i think you have to take note of workers. they re on strike all around the world. they can t live on the wages that they re being paid. they know that this is a huge injustice when it s profits that are driving inflation. in fact, the union movement has a new term. it s called pro flation , because it s a myth to say that wages are driving inflation. even the eu confirmed just this week that there is no feedback loop between wages and inflation, ....

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Transcripts For BBCNEWS Talking Business 20240707



the boss of the australian based work platform, airtasker and the man leading the policy to regulate the sector, european commissioner, nicholas schmit. also on the show i am going to be talking about supply chains, and the economic pressures of doing business in turkey where inflation is running at 80%. companies. i have got the big bosses of the company which owns companies. where ever you arejoining me from around the world, once again a big hello and a warm welcome to the show. you know, we have seen lots of massive disruptions to the global economy in the last few years. the pandemic shut the world down and now war and sanctions are driving prices up. but before covid, the world of workers was going through another disruption and digital one at that. technology companies were launching platforms like uber, just eat and deliveroo where people can work for less than an hour if they chose, rather than sign contracts for work for years. companies work millions left reg ....

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Transcripts For BBCNEWS Breakfast 20240707



in an ill tempered match. we ll have more on the fallout. we ll be finding out about the kielder forest ospreys who ve become a prolific pair of breeders. a few showers around today, but more of you will spend the day dry and a bit warmer than yesterday. we ve got details on but had a look at what is coming up this week on breakfast. on that and a look. it s sunday july 3rd. our main story: holidaymakers are being told to expect more flight cancellations over the next few days as airlines struggle to cope with passenger numbers after the pandemic. flight operators want to make use of a measure which allows them to axe flights from their summer schedule before friday without being penalised. azadeh moshiri has more on this. it is scenes like this that airlines and the government wants to avoid. but after months of travel chaos, which included the easter and jubilee holidays, passengers now face more disruptions in the days ahead. ~ . face more disruptions in the day ....

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