Postal and rail workers walk out as strikes intensify.

Rail workers will strike for a second day, as will Royal Mail personnel and driving examiners.

On a day when snow, ice, and fog impeded road and air travel, rail workers' walkout on Tuesday reduced service to around one-fifth capacity.

On Wednesday, around half of the rail lines will be closed again, with no services in most of Scotland and Wales.

This week is also anticipated to see the first-ever nationwide strike by nurses.

Rail workers, bus drivers, luggage handlers, highway workers, and driving examiners will also strike on Friday.

The government's emergency Cobra committee will meet again later this week to explore how to mitigate the impact of the wave of industrial action.

The strike by 115,000 Communication Workers Union (CWU) members coincides with the busiest time of year for Royal Mail, when people and businesses send Christmas cards and gifts.

Some package companies complain that the Royal Mail strike is causing them to delay next-day delivery as customers and businesses look for alternative ways to send their mail.

"We are experiencing short delays to our next-day delivery service in a small number of areas as a result of the Royal Mail's strike action, which has had a large knock-on effect across the entire industry," DPD Group stated.

Evri, previously Hermes, stated that bad weather, Royal Mail strikes, and staff shortages are creating "some localised delays."

Yodel also stated that delivery are taking longer in some places, but did not elaborate.

In addition to striking this week, Royal Mail employees will strike on December 23 and Christmas Eve.

The strike has been ongoing since the summer, and like with previous industrial actions involving rail, the NHS, teachers, border guards, and driving instructors, salary is a major problem.

Workers are demanding salary increases as the cost of living rises. Inflation, or the rate at which prices rise, is currently running at more than 11%, the fastest rate in more than 40 years.

This is primarily due to rising food and energy prices.

Comments

Traders should approach their activity as a business.

Traders need the same self-control as any other successful entrepreneur. The very first thing you need to do is create a trading plan on paper. You should keep your own records so that you may evaluate your broker's statements independently. A straightforward Excel tally sheet detailing daily, weekly, and monthly totals would do the trick. Include gross profit/loss, a number of trades, commission expenses, ECN fees, other costs, net profit/loss, equity (verify that it matches brokerage reports), and any pertinent data. Use this data to your advantage and become a better trader. Look for trends and the connection between revenue and expenditures. Included in your trading plan should be a breakdown of the many trades you intend to make during the day or week. Traders that are likely to succeed do not just look at their charts and make a move. Before moving forward with an attack, they considered every possible outcome and made preparations accordingly. The first and most crucial step

The Dollar Rises to a New 5-Week High Ahead of Jackson Hole on the Fed's Hawkish Tack

After another Federal Reserve member signaled the probability of sustained aggressive monetary tightening on Monday, the U.S. dollar index jumped to a new five-week high before the Fed's critical Jackson Hole symposium this week. After Russia said that it might cut off European gas supplies through the Nord Stream 1 pipeline for three days at the end of this month, worsening the region's energy crisis, the euro dropped to its lowest level in five weeks. The Chinese central bank slashed key lending rates, the latest in a series of monetary easing measures meant to shore up an economy suffering from COVID-19 crackdowns and a property crisis, which caused the yuan to fall to its lowest level in over two years. Last up 0.074% at 108.23, the U.S. dollar index rose to 108.26 for the first time since July 15 versus a basket of six rival currencies that includes the euro. This comes after a week in which the market rose 2.33 percent, its largest weekly rise since April 2020 and against

A Bitcoin charity event has been announced by Hal Finney's wife.

She stated that the purpose of the event is to raise money in order to provide assistance to people who have been affected by ALS. Fran Finney, the wife of the pioneer in the field of cryptography Hal Finney, has announced a charitable event that will benefit patients suffering from amyotrophic lateral sclerosis (ALS). Finney, who was discussing the event on Twitter, urged users of Bitcoin to participate in a half marathon and share their experiences on social media between January 1 and January 10, 2023 in order to contribute to the fundraising effort to combat the disease. Fran Finney, using her husband Hal Finney's official Twitter account, was the one who made the announcement. She had previously reactivated the account in order to save it from being deleted during a purge that Twitter performs on inactive accounts. The event, which is being held in conjunction with the Golden West Chapter of the ALS Association, was given the moniker "Running Bitcoin" in honor of the

EconomyDiary

Search This Blog