Speak to an economist at i n g. Good morning. The economy cannot afford to keep its increasing its deficit. How much of an impact as political turmoil had on the countries finances? it turmoil had on the countries finances? finances? it is difficult to assess because finances? it is difficult to assess because things i finances? it is difficult to l assess because things are ongoing and a lot of decisions have to be taken in the coming weeks, it will be crucial, but the state of the french economy, is already not that bright for the time being. The state of the french economy is also not that bright, the situation of the finances, it was a public deficit of more than five persons, that is the starting point of all the political story. Starting point of all the politicalstory. I starting point of all the political story. I think that is why the governor continued to say we need to tackle the problem of the public deficit, and it is not the time to spend more money, that is the key mess
google s parent company, alphabet, and microsoft have both unveiled quarterly report cards that beat expectations. alphabet shares jumped a little more than 1.5% in after hours trade, as the company announced that its quarterly revenue rose to more than $69 billion. that s 3% higher than the previous year. microsoft stock also got a boost in extended trading, up a smidge over 8.5%, with a quarterly revenue beat that was mainly driven by growth in its cloud computing businesses. of briefings at insider intelligence. some signs of resilience here? yes. although clyde either one or two caveats that. expectations have drops considerably in the last year so this is the type of growth that both of these companies would have been mortified by just a year ago and now expectations have dropped to the point that this is meeting the point that this is meeting the mega expectations of the market is a win. the mega expectations of the market is a win. there is a lot of chat right marke
as generous government subsidies end and electricity prices surge, sales of evs are slowing around the world. so what can governments and carmakers do to recharge consumers interest? i m going to be discussing all of that with these three. there they are, the boss of the organisation working to make charging evs easier. a global ev battery expert and the state secretary for the norwegian ministry of transport, who explains just how norway has become a super player in the electric vehicle market. also on the show, one carmaker showing no signs of a lack of confidence in evs. the boss of general motors europe explains why it s committed to an all electric range. wherever you rejoining me from around the world, once again, a big hello and a warm welcome to the show. well, as i said, love them or hate them, or even if you re simply not sure, but one day we re all going to be plugging in, switching on and driving electric vehicles. that s the plan. it s part of a strategy by gove
emissions and limit global warming. they ve been offering generous subsidies to encourage drivers to make the switch to, well, more environmentally friendly electric cars. so far, they ve worked, tempting new ev drivers to overlook less desirable factors like battery range, the higher price tag and a charging infrastructure that s still in its infancy and racing to catch up with demand. sales of electric passenger cars currently make up 14% of the total global car sales and have been doubling roughly every year. that s according to the iea, the international energy agency. but after a heady few years of booming sales, recent numbers show that the trend, while it s still growing, is slowing. the reason? well, rising costs in electricity in some countries have made running ev cars more expensive than driving on petrol or diesel. at the same time, those government subsidies, they re coming to an end. but prices of evs, they are staying high and that, according to the experts, is
Companies all vying for their consumer attention. so many will be asking, how does gm europe, how are you going to stand out in what is a pretty crowded marketplace? we re all for consumer choice. what we have is a compelling offering that we think differs greatly from what is currently available right now to consumers in europe. take a step back, and i look at the electric vehicle offerings right now. they all look pretty similar. they re all pretty beige. what we have from the cadillac portfolio is bold. it s an opportunity for a customer to extend their personality to the vehicle that they re driving, and it brings with it these advancements in technology and innovation that they re going to enjoy. and so we say that the cadillac lyriq is a bold choice because it expresses who the customer is, and it s for the customer who wants to be loud while being quiet