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Transcripts For BBCNEWS Newsday 20240707

it s 7:00 in the morning in singapore, and 4am 5am in pakistan where the government says a third of the country is now under water. millions of homes are now destroyed and much of its richest farmland is now flooded. the disaster has killed over 1,100 people and affected 33 million and the catastrophe isn t over water is still surging down the indus river and will flood the low lying sindh province even further over the next few days. latest reports say 45% of the country s cotton crop has been washed away. pumza fihlani reports from the city of sakur. a moment of quiet in the middle of chaos. inside a crowded hall, families that have been displaced by the floods in northern pakistan have found temporary refuge. for many, it was a narrow escape. translation: our houses have collapsed because - of the floods. we had a home and it was enough for us. now all our belongings are buried under 12 13 feet of water. when i left with my children, i saw my house collapse. the river

Transcripts For BBCNEWS Talking Business 20240707

wherever you arejoining me from around the world, once again a big hello and a warm welcome to the show. you know, we have seen lots of massive disruptions to the global economy in the last few years. the pandemic shut the world down and now war and sanctions are driving prices up. but before covid, the world of workers was going through another disruption and a digital one at that. technology companies were launching platforms like uber, justeat and deliveroo where people could work for less than an hour if they chose, rather than sign contracts for work for years. companies worth billions have been created leaving regulators and competitors running to catch up. statistics in this sector are difficult to come by. one american survey found that one in three workers in the united states are now freelance and their numbers the great resignation, following the pandemic. in india an official government think tank thinks there will be more than 23 million workers in the gig econom

Transcripts for BBCNEWS Talking Business 20240604 00:44:00

i think this is an extremely important issue to be human centred. the economy is not for its own safety, the economy is also at the end for people links are coming i think this is an extremely important issue to be human centred. the economy is not for its own safety, the economy is also at the end for people. thanks for coming on the show, i ll talk to you soon. let s talk about one company that is doing particularly well, airtasker. it operates in the likes of australia, the us in the uk. it says that more than 2 million people are using the platform to find someone to do one off tasks like cleaning to something more complicated like building your website. i have been speaking to its big boss and founder, tim fung. a pleasure to have you on our show. let s start with this because it looks like business is booming, your last set of numbers show a more than 30% jump in volume

Transcripts for BBCNEWS Talking Business 20240604 00:46:00

thing about airtasker is we are a marketplace. we believe that our users should follow the law just as they would if they were connected by any other form. just because something is done on airtasker doesn t mean you don t have the same responsibilities that you have any other kind of platform or environment. do you see certainly in the near future that regular old fashion ways of employing people, do you see that dying out? no. i think that full time and permanent employment is absolutely going to be part of the mix. different kinds ofjobs need to have different kinds of structures. what we have found about flexible working absolutely love is the flexibility. the ability to choose when you want to work, who you want to work with and what kind ofjobs you want to do. is there a danger that things people use to get from their employer like sick pay, minimum wages, those sorts of things

Transcripts for BBCNEWS Talking Business 20240604 00:30:00

let s go and take a look at what is on the show. the cost of living is going up, so are the numbers of us taking on super temporary work. if you have hailed an uber or ordered food from an app, the person who delivered it was working in the so called gig economy. more than the quarter of the world work in temporary employment. so what does this massive disruption means forjobs, and society? i m going to be talking the gig economy with these two. there they are. the boss of the australian based work platform airtasker and the man leading the policies to regulate the sector, european commissioner, nicholas schmit. also on the show i am going to be talking about supply chains, prices and the economic pressures of doing business in turkey where inflation is running at 80%. i ve got the big boss of the whitegoods company arcelik which owns brands like becco and grundig.

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