which are demanding significant pay rises for their workers, want to increase the pressure on employers ahead of another round of negotiations. let s get more on that. with me now is michael field, european market strategist at morningstar. thanks forjoining us. this is a battle that we are seeing play out in many countries dealing with cost of living crises. zoning in on germany, talk to us about what circumstances the transport workers are fighting. i circumstances the transport workers are fiaahtin. ~ , ., , circumstances the transport workers are fighting- are fighting. i think in germany you have not are fighting. i think in germany you have got two are fighting. i think in germany you have got two specific are fighting. i think in germany you have got two specific things - are fighting. i think in germany you have got two specific things going l have got two specific things going on, one is that inflation, like in other parts of the eurozone is still persistently h
in a move that could push the country closer to default. the treasury department said it would end a waiver that had allowed us bondholders to accept payments. russia has almost $2 billion worth of payments on its international bonds that will be due up to the end of the year. joining me now is patrick reid, co founder of the adamis principle. i guess the place to start with this is how close it will bring russia to default in common what would happen if it does? thank you for having me on. it isjust another nail thank you for having me on. it is just another nail in the russian economy, and we cannot underestimate the consequences and dangers of a default. it is not quite like 1998, but it is not quite like 1998, but it is not very good for russia long term. now, a ten year yield on a russian bond will get you about 10% right now. that is not enough. russia s central bank raised interest rates to 20%. they are now currently 1a. that is not going to be enough either. essentia
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Another month of victory for Nintendo as it succeeded once again in removing copies of Yuzu emulator on GitHub. It seems that its crackdown on Switch emulators shows no signs of stopping.