tv Business - News Deutsche Welle July 27, 2022 12:15pm-12:31pm CEST
12:15 pm
company gas promo has reduced gas supplies through the north stream pipeline. germany's gas network operate the confirm that flows 2 drops to just 20 percent of their normal volumes on wednesday morning, germany's cabinet is meeting to disgust the energy crisis. that's it from a me and the news team for now don't go away. the w business is up next to daniel winter. they have more all the trouble clock calles here in germany on gal office in berlin. things sometimes books are more exciting than real life raring to read. oh. what if there's no escape? do w literature list laundry, german ma street. imagine how many portion of lunch are thrown out in the world
12:16 pm
right now. the climate change, very hot story. this is life less the way home just one week how much work can really get we still have time to go. i'm going with flex with his subscriber all morning. it was like a europe travel. chaos continues to was. and lufthansa was go on strike throughout germany calling for a pay rise. yeah, line is cancelled almost all flights into and out of the country or talked while reporter on the ground is not just and germany was wild wide calling for a wage bumped to cope with the rising cost of living. but we'll pay increases worse and inflation. we'll talk to an expert and breaking the debt amazon walk as in the
12:17 pm
us pushing for unionization. we'll get the story from our u. s. correspondence to that time again, dw business, germany's flight carrier airline. lufthansa has cancelled more than a 1000 flights due to a strike by ground stuff at its hubs in frankfurt and munich. the strike comes after dandy germany's largest trade union rejected him of tons of pay offer. at the end of june. it's calling for 9.5 percent pay rise for some 20000 workers. the work stoppage just adds to the challenges. lufthansa is already facing, including rising energy prices, inflation and staff shortages, affecting thousands of passengers a day. his what they're saying about the strike. we have to stay in life, it's safe to get a fight back and hopefully get it back because they're going to start with that. okay. and also our parents, they're traveling to nigeria, so it's like we would if we don't get a fight back in like a few days and then we'll be able to see them for like almost 3 months because we have these people who are and i think they have a you, i did not quite a one this,
12:18 pm
but somehow maybe that the better organized, you know, 20 percent or voice messages. say morning we're traveling more. i've tried to reach marsha by my phone, but nothing. not really sure. and our report, christy thompson is at frankfurt airport forest. christy. we heard passengers that they're obviously not happy, but how is the airline lufthansa handling all of this today? that's exactly what everyone waiting in this line behind me is waiting to find out over a 1000 flights were canceled here in frankfurt a day, very few lufthansa flights flying the passengers. i received news as we just heard that they need to come here, wait line, and be dealt with by on a that was on a case by case basis. so as obviously taken quite a long time, the line behind me has been out to some degree,
12:19 pm
but earlier today it was wrapping all the way back through to the back of the terminal. so certainly a lot of frustration here are some people expecting that they're going to have to stay an extra day here in frank firm. and so on. last tons of feeling the pressure from val d. now are they going to return to negotiation soon? what's happening? i mean, they've certainly really raised to ratchet it up. the pressure on left tons of already has a with this strike. now they are planning to meet for further negotiations. next week. this is what a lot of times a spokesperson told me i when we spoke earlier, but he said for his company, their main priority right now is there passengers is sorting out this chaos. now verity, on the other hand, obviously their priority is protecting their workers pushing for these pay raises that they've been asking for, particularly in light of the record high inflation that we've been dealing with here in the eurozone. i spoke to up to his folks, people from both parties earlier and we're going to have a listen to that right now. well 1st of all,
12:20 pm
we tried to solve the problems of our passengers because they want to travel and we want to we want to make it possible that they probably to the holiday because they were waiting for such a long time for the vacation. so we're trying to re book them and solve their problems for trying to bring the system up and running after to morrow when the strikes over. and then long term. of course we want to negotiate with birdie next week there in the next talk them. i'm pretty sure the can find a solution. there is one thing for sure. a strike like that was not necessary to review. hm. you know, kind a was we have a high number of employees taking part in the strike today. that shows, in our opinion, that the employees are completely overwhelmed, that lufthansa has caught too many positions during the pandemic and can't find adequate replacement snell. the employees need a clear signal in the form of higher wages that help is on the way i we should also note that this strike is not the only one that's taken place here in the, in europe, in recent months. we also, or we can weeks, i should say,
12:21 pm
we also saw scandinavian airline striking also strikes in france from the airline industry. and at work came out today. that ryanair is also planning to strike a going into august. so a clearly a lot of tension here, between airlines and their work is something that is not going to be cleared up very soon. one of the question on my mind, christie and the question on that of the minds of a lot of passengers in europe, right? now, potential passages in the next few days, a weeks. how long is this expected to continue? what we, what we do know is that this strike here from left tons is implies, it will end to morrow. that it's quite a, a normal situation in germany that unions will have a pre plan strike for a couple of days. the strike will end tomorrow. but lufthansa said that flight cancellations could go all the way through to friday. and as i just said, we will be seeing further strikes from other airlines going into august. also a variety said that if they're not pleased with the negotiations that come out of the talks next week, they also are willing to strike again. hi, kristen puts in at frankfurt airport. thank you very much for that. well,
12:22 pm
yes, we've heard that it's something is happening all around the world work is calling full price. wage increases amid the price rises says talk to an expert rosalia vasquez alvarez from the international labor organization. thank you very much for joining us. and we've seen the stripe stay by lufthansa workers as we had christy. talking about just that. it's an example of many pe strikes recently, just how hard is the rising cost of living, hitting the average work? what gets a full for will we serve you now? data sets. we see that erosion of wages are real wages is actually happening everywhere in just about all the different countries around the world. just to give you some examples in the u. s. japan and mexico, which is hot decline by 2 percent in real time since the beginning of the year. but in countries like sweden of the netherlands, for example, become about wages real wages from 2020 january 2022. today we observe. i send the claim. so clearly what we observe is that weight is not keeping up with inflation,
12:23 pm
and this is actually eroding the purchasing power of families around the world. ok, so there is a genuine concern, but i guess it depends on the region as to how hard it's hitting. but there is the concern, a lot of discussion among economists about the possibility of a wage price spiral. so when wages go up, workers demand more goods driving up the cost of those goods is the feel as rising wages driving inflation. is that justified? what would you say? we call them say the does just if i not a good the blue they, they would the we see for example, if you look at which growth across the world in the past 10 years, what we're setting switches up actually is by only one percent. if you look at high income countries, that's even less than one percent. but even more than that, what's the tele figure is that if you look at productivity roof and you look at which grows, there is a growing up between the 2 and both d v d. groceries will actually should drive which cruise and there is actually growing up, that it's about 30 percent approximately in terms of a percentage point. so clearly there is no such thing as a which pres file,
12:24 pm
which phases file is usually associated with that situation where you have low unemployment followed by high of the month, followed by high wage demands. but the weight bargaining process is actually relatively weak in the past decades. so clearly there is no such thing as a situation where which phases pioneer actually drive higher wage growth and higher inflation rates. in fact, inflation is actually driven by the fact that you have at the supply chain a supply chain probably need in the process. and that actually is what drives high inflation. that is not necessarily true that the daycare is telling us today that there is going to be at an actual which phases i will going on in the near future, nowhere anywhere in the world. ok, so can you give us some good news here just briefly, all things going to get better anytime soon? well, it depends very much on the kind of combination of where we are bullish did you, did you put in place if you have only a tight interest rates type monetary policy without any other type of policy going
12:25 pm
on, such as a reassuring that wages are actually keeping up with inflation then clearly you may actually wrote a way to do even further that will actually decrease aggregate demand that will have a significantly reduce in employment levels. and so there is no necessarily the case that only time monetary policy should be put in place. government has to look into the whole process and put together policies that help also particularly low income families who are more heated by inflation that the average family in the population . all right, thank you very much. rosalia vasquez over us from the iowa. thank you so much. thank you. in the u. s. amazon is pausing work on 6 new office buildings due to labor shortages, a mid, a shift to hybrid work. the pandemic has changed working conditions for people across the world, of course, and it's pushed some amazon workers in the us to unionize to fight for more rights
12:26 pm
. in april, the 1st successful union in new york made headlines across the world. now a handful of others have joined to one organization in north carolina. they w went there to find out more. ah, what brian brown is on a mission. he's on his way to his workplace, an amazon warehouse in gonna north carolina, hester, president, of course, carolina, amazonian. st. united for solidarity and empowerment. a group trying to build a union at this facility. it's one of the only handful across the us with ryan and his fellow organizers say they're fighting for better working conditions. because amazon has unrealistic expectations and they want, that's a pay living wages. our number one priority is that we work a hard, green hours, worked on an honest job. and we generated
12:27 pm
so much, well for job measles. when wealth didn't, none of it will trickle down, so's amazon tote as their workers do, receive competitive salaries and pay. and this is what they told us about unions. our employees have the choice of whether or not to join a union. they always have, as the company, we don't think unions are the best answer for our employees. i'll focus remains on working directly with our team to continue making amazon a great place to work. but it's not just amazon. starbucks has seen more than 180 stalls file a petition to form a union and counting. google and apple have also seen union activity. janera ties knows both sides of the battle. she worked at the end r o b for 10 years. the federal agency that enforces labeled now she works with companies as a labor and employment law partner, and i commit. she's not certain whether this trend is
12:28 pm
a new labor movement. if you look at millennials engines the years, i think there, paul, very ambitious. and so the idea of being committed to working in one workplace for an extended career over time to the point where they could truly see a lot of the benefit of unionization, is still sort of, you know, out there as a question back of the warehouse in north carolina, these 4 to say they are determined to organize and confident it will happen. i believe fully a whole hagler. we are going to do the leaves, going to happen. that we wait to be ignored that, you know, we're here. you see that you see us here today and to be quite honest, they don't know what to do. if they do, they will face an uphill battle convincing amazon to join them at the negotiating table for collective bargaining. and just
12:29 pm
a quick reminder of the top business story we're following for you, the salad japanese flight carrier airline. lufthansa has canceled more than a 1000 flights you to a strike by ground. stop at its hubs. in franklin in munich, strike comes out of the audi. germany's largest trade union projected lufthansa paid off at the end of june. and you're up to date with d w business. if you want more check out of business specials on the youtube, just go to our d. w. news channels that thank you very much. watch once medicinal plants of indigenous people to day a multi $1000000.00 business for corporations. stevie and others are gold mines. true discovers the left and 200 international agreements now able to strengthen them, right? because that really help against bio piracy. to sell
12:30 pm
on d. w, what secrets lie behind these walls? does over new adventures in 360 degrees? ah, and explore fascinating world heritage sites. d w world heritage 360. get the out now. mm mm ah anastasia of again to sets out with her machete and her expert, i for the plants and herbs that grow wild in the local area. but however long she forages among the dense grassland, the plant she's here for is nowhere to be found. anastasia is looking for stevie up a plant in growing demand due to its.
53 Views
Uploaded by TV Archive on