16 min
Why are rail workers around the world striking? The Dive | Business News
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- Business News
We’re feeling the impacts of inflation and cost of living pressures. In the UK, inflation is at 9.9%, in the US it is 8.3%, in Australia it is 6.1%. We can hear you saying what does 6% or 9% mean? Essentially 9% inflation means that prices are up 9% or, put another way, your money buys 9% less.
Because of this, we’re seeing strikes from unions across the world - airport workers in Germany, teachers in Norway, air traffic controllers in France. One industry that seems to be in the middle of strike action around the world - rail workers.
Earlier this year in the United Kingdom. Right now in Australia. And recently avoided in the United States. Today Alec and Sascha talk about what’s going on with rail strikes all over the world, and ask is there more at play than just the cost of living and inflation story?
We’re asking our UK audience to help share our business news podcast – The Dive – with friends and family. You can join the referral program for free here: https://refer.fm/thedive and get rewarded for your sharing!
Tell us what you think of The Dive - email us at thedive@equitymates.com. Follow our Instagram here, or find out more here.
In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.
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All information in this podcast is for education and entertainment purposes only. Equity Mates gives listeners access to information and educational content provided by a range of financial services professionals. It is not intended as a substitute for professional finance, legal or tax advice.
The hosts of The Dive are not financial professionals and are not aware of your personal financial circumstances. Equity Mates Media does not operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given.
Before making any financial decisions you should read the Product Disclosure Statement and, if necessary, consult a licensed financial professional.
Do not take financial advice from a podcast.
For more information head to the disclaimer page on the Equity Mates website where you can find ASIC resources and find a registered financial professional near you.
The Dive is part of the Acast Creator Network.
Hosted on Acast. See acast.com/privacy for more information.
We’re feeling the impacts of inflation and cost of living pressures. In the UK, inflation is at 9.9%, in the US it is 8.3%, in Australia it is 6.1%. We can hear you saying what does 6% or 9% mean? Essentially 9% inflation means that prices are up 9% or, put another way, your money buys 9% less.
Because of this, we’re seeing strikes from unions across the world - airport workers in Germany, teachers in Norway, air traffic controllers in France. One industry that seems to be in the middle of strike action around the world - rail workers.
Earlier this year in the United Kingdom. Right now in Australia. And recently avoided in the United States. Today Alec and Sascha talk about what’s going on with rail strikes all over the world, and ask is there more at play than just the cost of living and inflation story?
We’re asking our UK audience to help share our business news podcast – The Dive – with friends and family. You can join the referral program for free here: https://refer.fm/thedive and get rewarded for your sharing!
Tell us what you think of The Dive - email us at thedive@equitymates.com. Follow our Instagram here, or find out more here.
In the spirit of reconciliation, Equity Mates Media and the hosts of The Dive acknowledge the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respects to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander people today.
*****
All information in this podcast is for education and entertainment purposes only. Equity Mates gives listeners access to information and educational content provided by a range of financial services professionals. It is not intended as a substitute for professional finance, legal or tax advice.
The hosts of The Dive are not financial professionals and are not aware of your personal financial circumstances. Equity Mates Media does not operate under an Australian financial services licence and relies on the exemption available under the Corporations Act 2001 (Cth) in respect of any information or advice given.
Before making any financial decisions you should read the Product Disclosure Statement and, if necessary, consult a licensed financial professional.
Do not take financial advice from a podcast.
For more information head to the disclaimer page on the Equity Mates website where you can find ASIC resources and find a registered financial professional near you.
The Dive is part of the Acast Creator Network.
Hosted on Acast. See acast.com/privacy for more information.
16 min