Is the French Government Planning to Fully Take Over Idef?

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Until this point, idef was 84 % owned by government. Government argues that if it has full control, it can go a little bit faster on some decision making. But what is the government actualy going to do to get e d f into a position where it can actually address those problems? Nuclear energy has been a great hope for cutting omissions. Does this undermine that case? I mean, it doesn't undermine the fundamentals around nuclear energy as a technology. It just sort of shows the scale of, you know, the change ahead.

The US economy has shrunk for two consecutive quarters, many energy companies are posting record profits but French EDF recorded a record loss, and US markets are reacting unpredictably to tech earnings reports.

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Mentioned in this podcast:

US economy shrinks for second consecutive quarter

French energy group EDF records €5.3bn loss ahead of renationalisation

Facebook parent Meta reports first decline in revenue

Spotify adds more subscribers than forecast in second quarter

Google parent Alphabet’s revenue growth falls to slowest pace in 2 years

Microsoft reassures investors with confident full-year forecast

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