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Transcripts For BBCNEWS World 20240704

Mcdonalds says its aware of a Technology Outage impacting restaurants, and that the issue is being resolved. They said its not related to a Cyber Security event. Joining us now from new york is michelle fleury. Not michelle mcfleury as i would be tempted to say in other circumstances. What is going on . Restau ra Nts Restaurants have been affected overnight and it seems to be able to play a big issue in bangkok, australia, also where you are in the uk and ireland. Some stores had to close reportedly because the it systems went down, people were not able to order because of the touchscreens are not able to place mobile orders. In some cases they went back to pen and paper to take orders and that old thing of accepting cash. All of this has been accepting cash. All of this has been a black eye for the chicago based company who have come out and said it is not related to a Cyber Security attack but they have not given any more details about what caused the outage. They said in a statemen

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Transcripts For BBCNEWS World 20240704

To the deflationary spiral however now because theres a strong trend of Wage Increases, Finance Minister Shunichi Suzuki says its over. Joining me now is seijiro takeshita, whos a professor at the university of shizuoka. Thank you for being with us today. Talk to us first of all, this is a pretty unique set of circumstances that japan has pretty unique set of circumstances thatjapan has been pretty unique set of circumstances that japan has been through for the past generation. It is todays Declaration Calls for celebration . Yes, i would think so. Concerning the fact that for two decades, we havent seen any wage rise. Where the only country to do that. There are a lot of recurring profits, bits nine redeeming to their employees. This is, in that sense, a remarkable change. In most of the estimates, there were around 4 , but now its been reported to be around 5. 2, exceeding expectations. fist been reported to be around 5. 2, exceeding expectations. Been reported to be around 5. 2, ex

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Transcripts For BBCNEWS Asia 20240704

The iconic 123 year old American Steel company and said its vital that the company remain owned and operated in the states. This is a big deal and notjust politically. Nippon steel is set to pay 14. 9 billion to acquire the us giant. But politically, this is territory President Biden knows well. He has cast himself as a champion of the Working Class and called himself the most pro Union President in history. He made headlines for walking the picket line with striking Auto Union Workers last fall. Unionised steelworkers could lend the president support in his election bid. They form the largest industrial union. And for his part, donald trump pledged to block the deal if he takes the white house again. They agreed that Foreign Ownership would leave the us vulnerable when it comes to prioritising their own defence and infrastructure. Its bound to become a topic of conversation between key allies when japanese conversation between key allies whenjapanese Prime Minister when japanese Prime

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Transcripts For BBCNEWS Asia 20240704

American Steel Company and said its vital that the company remain owned and operated in the states. This is a big deal and notjust politically. And not just politically. Nippon and notjust politically. Nippon steel is said to pay 14. 9 billion to acquire us giant. But politically, this is territory President Biden knows too well. He is custom self as a champion of the Working Class and called themselves the most prounion president in history. He made headlines for walking the picket line with striking order Union Workers last fall. Unionised steelworkers could land the president support in his election bid, the North American Lustrous Union and for its part, former President Donald Trump pledged to block the deal if he retakes the white house. The president of the United Steelworkers International welcome to the coal from International Welcome to the coalfrom biden on International Welcome to the coal from biden on thursday, agreeing that Foreign Ownership will leave the us more honour

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Transcripts For BBCNEWS Asia 20240704

American Steel Company and said it is vital that the company remain owned and operated in the us. This is a big deal and notjust politically. Nippon steel is set to pay 14. 9 billion to acquire the us giant. But politically, this is territory President Biden knows well. He has cast himself as the champion of the Working Class and has called himself the most pro Union President in history. He made headlines for walking the picket line with striking Auto Union Workers last fall. Unionised steelworkers could land the president supporting his election bid. The four north americas largest industrial union. For his part, former President Donald Trump pledged to block the deal if he retakes the white house. The president of the United Steel Workers International welcomed the call from biden on thursday, agreeing that Foreign Ownership would leave the us vulnerable when it comes to prioritising its own defence and infrastructure. It is bound to be a topic of conversation between key allies whe

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