French government urges cash-rich CMA CGM to help out as nation battles economic woes

Is the Macron, Saadé bromance on the rocks? Sensational, multi-billion euro record profits for CMA CGM are clashing with blanket hausse des prix (cost of living) headlines, with France skirting close to recession amid rampant inflation.

Yesterday France’s finance minister took aim at CMA CGM, and other transport and energy companies, warning them to share some of their profits or risk the wrath of government.

“A small number of companies have during the crisis made profits in sectors such energy or transport … I want them to give me strong proposals so that they give back a part of their profits to the French people,” Le Maire told C News TV.

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