They were going to have good fuel economy. They were going to have good Engine Performance. Can you guarantee that any fix you make to the vehicles doesnt affect fuel economy or fuel performance are both . At this time if we correct the knox the emission standards, the customer will get the mpg. Thats my current understanding of whether the full performance of the car, this is something they said in germany, maybe top speed that might be one or two Miles Per Hour might be missing but this is of course something which we will share with the agencies that current understanding is that the customer will keep the miles per gallon. The concern i have is when you buy one of these cars you are relying not on only the Commission Says that the performance is good. I think you get to the issue of damages. In other words, if im an owner and the fix doesnt achieve good performance, good fuel mileage then im going to expect to become a sit in somewhat if thats not the case. I just remain concerned
Thats going to be necessary. What do we say to people like the guy last night i was debating. He said free market, everything. Free market everything. The fact is the market cant handle this problem. So lets say we just love markets but if we also love planet earth continuing there has to be Government Action. It has to be done well, it has to be done judiciously. There will be massive business opportunities. I myself, my friend are in the business together trying to profit from opportunities for building a clean energy economy. And, of course, that will become the abuses like there always are but theres also a lot of government success, and against the fossil fuel companies that are a massive barrier. If you want to say just leave it to the private market, well then the fossil fuel companies are just going to dominate and we will destroy the planet. My good friend brockton and i discussed this particular question many times and i will answer it as a physicist rather than an economist
We have to try to take the Peace Process further. Youukraines president made clear this is the most important thing for his country but we are very aware it will take more effort. Therefore we are open to all possible reactions. If it goes well, we will happily go forward with this process but if there are difficulties we are not ruling out additional sanctions. Brendan meanwhile more fierce fighting between separatists in ukraine. Staying in europe, greek negotiators in the countrys euro area are meeting in brussels today. The Prime Minister of Alexis Tsipras met with others. Tom greeces goal remains a sixmonth bridge agreement that could lead to a new deal with euroarea authorities. A current aid program x wires this month. There are signs of life in the euro area economy this morning. New reports show momentum picked up at the end of last year as germany reasserted self as a driver of growth. It serves offset weakness in greece and italy. Interesting numbers today. France with proje
Top four spot the citys center back doubles into an interesting thought. It looks like that might not be enough to hold a slight international. In the eurozone and continued commitment to the Transatlantic Alliance goals were two of the main promises from taps by the macbook as she laid out her new Government Program she also says it was time to noah the countrys retirement age on to keep investing in infrastructure the defense behind him in time to deliver the governments bid to secure it and sitting down due to the effects of the recent skiing accident Medical Center coalitions agenda focuses on people most organizations. It includes transitioning into an economy pilot light mainly Renewable Energy by twenty fifty. She said this would take this with us in the burgeoning industry all households. I either find or comparable country and world just tried to change it to supply dramatically. William county chairman said the decision. Investors. Take me for the world is watching with inter
Welcome to countdown. I am mark barton. I am anna edwards. Welcome to the program. Bloomberg reporters are standing by across the world ready to deliver the stories that will drive a yard day. Hans nichols it in berlin. Expand theireu sanctions. Ryan chilcote has a data store. Earnings from samsung. Breaking the news from the Biggest Energy supplier. Last talk about the numbers. 15. 8 billion. Battles against an estimate. A comfortable beat. And that was against an estimate. Course, the fascinating story to talk about at the moment is a business that operates in 41 countries. Everybody including us want to talk about the relationship with russia. They have a cooperation which isth headed by the ceo. He has appeared on the sanctions list has published by western nations in the last 20 four hours or so. The company itself is not on the sanctions the less. We will talk to the ceo of statoil. Thats how we are learning about thes sanctions and what it means for his relationship. Nd his rela