Pump pain begins, then air travel disruptions as fuel prices rise due to staff shortage Trouble on trains this week – in the country that offers you this mode of transport.A series of nationwide rail strikes, as well as another on the London Underground system, could lead to stop the network.
At issue is the need for pay and the impact of falling incomes on efficiency savings that have become more urgent during the pandemic lockdown.government ministers, including As pointed out in this article After the changes brought about during the pandemic, which now effectively controls all rail financing, it has been refusing to speak directly to the RMT, the main union calling for action.
Whether this will have a big impact on Thursday’s two UK by-elections – the week’s main election news – is a matter of debate, as polls already suggest the Conservatives face a double whammy – a “red wall“and a”blue wallconstituencies – in anger at their leader and the country’s Prime Minister Boris Johnson.
The aviation industry will also be in focus this week as the International Air Transport Association (Iata) annual general meeting takes place in Doha. The news here is unlikely to be very positive. Last October, the International Air Transport Association forecast that 2.3 billion people and 3.4 billion people will fly in 2021 and 2022, down from 4.5 billion in 2019.
Another international meeting this week will be a postponed meeting of Commonwealth heads of state in Rwanda.Given the UK’s agreement with the country Accepting asylum seekers in the UKaccording to one heir to the throne, the policy was “shocking” Times report.
At the end of the week, German Chancellor Olaf Schultz welcomed his counterparts from other G7 countries for a summit at the secluded Ermau Castle in Bavaria, the same location his predecessor Angela Merkel chose in 2015.However, the most notable point here is that Special GuestIndia’s Narendra Modi and whether this will help Western powers – Australia will do something similar on a state visit to India earlier this week – to win over allies against Russia and increasingly close ties between China.
Surveys are the subject of this week, including a slew of PMI reports, U.S. regional Fed announcements and Germany’s Ifo business confidence data.
The highlight of the central banker’s speech — and a few more this week — will be Jay Powell’s semi-annual monetary policy report before the Senate Committee on Banking, Housing and Urban Affairs. If you don’t have enough cost of living data, we’ll also have more inflation updates from Germany, Canada, the UK and Japan.
Cost of living and shopping trends will be a point of discussion for the global retail group gathering in Dublin this week for the Consumer Goods Forum.CEO of Unilever, Coca-Cola, Carrefour, Tesco and Walmart are on the speakers list.
There aren’t many day-to-day earnings announcements this week.FedEx is set to report fourth-quarter numbers on Thursday, but it was preempted by U.S. Express last week get rid of worry Talk about the economy when announcing a dividend increase and two new board members.
Read the full week ahead calendar here