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‘The Reserve Bank.apparently [wants] to scare the living daylights out of the oil producers globally so that they can pump more oil, because that is the only reason why SA s inflation rate has been picking up’: Dr Roelof Botha.
Printers and print buyers are in despair after the Finnish Paperworkers' Union rejected the four UPM strike settlement proposals on the table – apparently due to the impasse at Communication Papers where talks had stalled. The strike has been extended yet again as a result.
No industry has been unchallenged over the past two years since Covid-19 took a stranglehold on our lives, with even the most pandemic- proof sectors at the very least needing to quickly adapt to new ways of working to keep staff and other stakeholders safe.
UPM is citing ‘force majeure’ for its inability to fulfil customer orders due to the strike action crippling its Finnish mills, but unions have rejected this assertion, describing the situation as “a conflict caused by the company pursuing its ideological objectives”.