Price Makers News Today : Breaking News, Live Updates & Top Stories | Vimarsana

speaking to a music journalist, it's monday, the 26th of june. of the most serious threat to vladimir putin's grip on power, still no sightings of two men at the center of this crisis. go get screened. fergie says she's screened herself for cancer and urges earn else to get checked. also, the health minister, on weather they'll look at review board expectations for the staff. >> the point is to have a process where you have expert advice. >> this isn't no way to run a country. they should have been sorting these out a long time ago. we should have never ended up in this positio...

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 it's 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 comes as railway workers announce more strike days over the summer. here's what she had to say to ou...

Government is using them when it's helpful to them. >> i understand that inflation is not dictated to by public sector pay. am i wrong. >> no, you're not wrong. if you increase the pay for teachers, the cost of going to school doesn't increase. i don't have to pay more for my kids. so you don't have to pay more. there's no price makers. anyway, public sector workers are only 14% of the work force, 18% in britain actually work in the private sector, so it's a crazy idea, and i think it's another excuse to hold down something the government can hold down on and it seems very odd for the conserva...

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 higher wage bills and higher fuel prices, higher energy bills as well and pass them onto the consumer wi...

So exxon reported $11 billion in earnings today and they go ahead and they point the finger at the station owners. how come that doesn't add up when you look at that with common accepts? >> yeah, the station owners are price takers. they're 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. they've taken it off. the republican threat to cut in half the cftc budget, which are the cops on the beat to make sur...