Was in a technical recession in the second half of 2023. Lets speak to carsten brzeski, global head of macro for ing research. Let me put back to you. What we learn from these figures about the health of the eurozone . We learn from these figures about the health of the eurozone . Health of the eurozone . We learn that the euro health of the eurozone . We learn that the euro zone health of the eurozone . We learn that the euro zone Economy Health of the eurozone . We learn that the Euro Zone Economy is. That the Euro Zone Economy is growing. On the back of the mild winter weather, we have had a bounce backin winter weather, we have had a bounce back in construction activity. We also saw that other things i do in better than expected. It is good for the euro is good for the eurozone economy. In the Fourth Quarter of last year growth was revised down. It does not mean that we are completely Out Of The Woods yet. We are going to see growth this year, but it will be a poor growth in europe
Hello, im nicky schiller. Welcome to the programme. We start this hour with reaction to the news that us lawmakers in the senate have approved a 95 billion aid package for ukraine, israel and taiwan. President biden says he will sign the bill later today and that more arms and equipment will be sent to ukraine within a week. The overwhelming vote in favour of the deal marks the end of six months of deadlock amongst us politicians. The measures approve around 61 billion in long awaited aid for ukraine alone. It also designates more than 26 billion in aid for Military Support for israel and humanitarian aid for gaza. And 8 billion for taiwan and Us Indo Pacific allies. President biden said it showed that america stood resolutely against tyranny and oppression. President zelensky said it reinforced americas role as a beacon of democracy and leader of the free world. The Senate Majority leader Chuck Schumer said america had shown its allies it would not turn its back on them. A lot of peop
Hello. Good to have you with us. I am sally bundock. Lets now dissect the top business stories. We start in the us where tesla has revealed the biggest slump in earnings in more than a decade as the road gets increasingly rocky for the electric car industry. Tesla made profits of 1. 1 billion in the first three months of the year. Thats a fall of 55 on this time last year. Revenues were 9 lower and both numbers were worse than investors had been expecting. But tesla shares which have taken a pounding this year jumped around 11 in after hours trade after the company promised quicker progress on new more affordable models. From new york, heres erin delmore. Its been a rocky road fit for this year. High Interest Rate that taking a bite out of consumer Purchasing Power and pushing big purchases out of reach. Competition with china especially over electric vehicle maker byd is heating up. Sales have been falling and so has its stock. It up. Sales have been falling and so has its stock. So h
Lets return to the issue of small boats crossing the channel from france to england and yesterday was another grim milestone as five people died trying to get across hours after the British Parliament passed legislation designed to deter such journeys. French Officials Say 112 people were on board the overcrowded vessel. A new law in britain aims to send people arriving on small boats to rwanda to have their asylum claims processed. The deaths in the channel are not an isolated incident. Yesterday alone, there were reports of migrants dying in other parts of the world trying to reach another country by boat. We heard from the uns Migration Agency that at least 21 people died off the coast of djibouti. 23 are still missing on the so called Eastern Migration Route between the middle east and africa. On the same day, the Tunisian Coastguard said they retrieved the bodies of 19 migrants who had been trying to reach italy. The un has called crossing the mediterranean the deadliest route for