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Transcripts for BBCNEWS Talking Business 20240604 00:46:00

so when that release winds down it will be a very important question about where are the additional supplies? because that release winds down right when we are talking about the sanctions on russia kicking in. helima, do you think governments in europe and the united states can keep their electorate, their consumers, onside with sanctions if these prices are pretty much anything are just going to continue to soar? the real question is what comes next in terms of prices? i mean, gasoline prices have come down in the united states. the question is, when these sanctions kick in, do we once again see prices reach $5 a gallon? what does that mean for approval ratings for this administration? but i think the real pain point s going to come in europe it s going to come over this issue of natural gas.

Question
Strategic-petroleum-reserve
Supplies
Release-winds
Russia
Sanctions
Prices
Consumers
Western-europe
Helima
Anything
Governments

Transcripts for BBCNEWS Talking Business 20240604 14:46:00

from the united states strategic petroleum reserve. it will be exhausted in october and the question is, what comes next? but because the united states is a member of the international energy agency, we are required to hold stockpiles for 90 days at import cover. that means when this blockbuster release is finished, we re not anticipating another major release again because of the requirements by the iea to hold the 90 days of cover. so when that release winds down it will be a very important question about where are the additional supplies? because that release winds down right when we are talking about the sanctions on russia kicking in. helima, do you think governments in europe and the united states can keep their electorate, their consumers, onside with sanctions if these prices of pretty much anything are just going to continue to soar? the real question is what comes next in terms of prices?

Question
Member
America
Stockpiles
Strategic-petroleum-reserve
International-energy-agency
90
Release
Blockbuster-release
Requirements
Cover
Release-winds

Transcripts for BBCNEWS BBC News at One 20240604 12:14:00

carrie davies reports. empty tracks and stationary trains, going nowhere. welcome to euston. .. this wasjune s rail strike, but there are more on the way. a0,000 train workers from the rmt union will walk out on the 27th ofjuly and now also on the 18th and 20th of august. train drivers from the aslef union from eight companies will also strike on the 30th ofjuly. the rmt said the rail industry and government needed to get serious about a pay offer. if you don t get a pay rise that matches the rate of inflation, you re getting poorer year on year, and that s been happening to many public sector workers for the last 12 years. so, i want a pay rise for everyone in this country and in this economy. what s happening is the rich are getting richer, profits are being maintained and even accelerating, while workers are getting poorer. that cannot continue. unions are confident that with so many struggling with the cost of living, the public will stay onside.

Way
Trains
Carrie-davies-reports
Rail-strike
Nowhere
Tracks
A0000-train-workers
Rmt-union
Euston
Wasjune
Government
Companies

Transcripts for BBCNEWS BBC News 20240604 13:20:00

public sector workers for the last 12 years. so, i want a pay rise for everyone in this country and in this economy. what s happening is the rich are getting richer, profits are being maintained and even accelerating, while workers are getting poorer. that cannot continue. unions are confident that with so many struggling with the cost of living, the public will stay onside. but this morning at london bridge, there were mixed reactions to the strikes. it s ridiculous, it s happening too often. we re doctors, and it s difficult for us to get round and do our procedures. i had to cancel something in the last strike. it s a nightmare, really, isn t it? the only strength that we have as workers is our labour, - so withholding that is the only way that we can get what we need i and in the rising cost of living crisis, i m all for it. everyone should go on strike. there should be a general strike. the group that represents the rail companies says that strikes cause more problems than sol

Workers
Country
Rise
Pay
Everyone
Economy
Unions
Sector
Struggling
Happening
Profits
The-cost-of-living

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