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Australians in France working on scrapped subs deal fearing for their safety

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Local anger is growing in France towards Australians, with fears there will be hundreds of job losses at the construction company where the subs were being made

This all follows Australia defending its decision to scrap a multi-billion dollar deal with France and secure a new security pact with the US & UK

French officials are calling out Australia for going back on the deal… saying the new alliance has led to a “serious crisis” between the allies.

Around 600 local jobs are expected to be impacted as a result of the cancellation… and Australia’s Defence ministry says 33 Australians currently remain on the ground in France.

Meanwhile, France has also recalled its ambassadors from both the United States and Australia in protest of the decision.

The AUKUS alliance will see Australia receive the technology required from America to build state-of-the-art nuclear-powered submarines.

This comes as China’s influence over the hotly-contested South China Sea continues to remain a concern for western nations.

Meanwhile, Australia’s Prime Minister Scott Morrison says he understands the disappointment France is experiencing… but he has always been clear about Australia’s position.

Morrison believes the French government “would have had every reason to know that we had deep and grave concerns”.

Morrison believes the French government “would have had every reason to know that we had deep and grave concerns”.

“Ultimately this was a decision about whether the submarines that were being built, at great cost to the Australian taxpayer, we’re going to be able to do a job that we needed it to do”.

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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U.S.-India pharmaceutical trade partnership?

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The United States wants to diversify its supply chain and achieve affordable medicine resilience.

The Indian Pharmaceutical Alliance is urging a U.S.-India trade partnership to reduce reliance on foreign sources for both nations’ pharmaceutical supply chain.

The goal is to diversify both countries’ supply chain and achieve affordable medicine resilience.

Kathleen Jaeger, the President and CEO of The Center for American Medicine Resiliency joins Veronica Dudo to discuss. #IN AMERICA TODAY #trending #pharmaceutical #India #trade

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Boeing’s bad luck continues following Starliner malfunction

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Long-awaited first crewed test flight of the new Starliner space capsule was called off over a technical issue that launch teams could not resolve in time.

Originally scheduled for liftoff from Florida’s Kennedy Space Center, the mission aimed to demonstrate Starliner’s capabilities and certify it for regular crewed flights to the ISS, as reported by Reuters.

 

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Will Australia’s foreign investment rule create an economic boost?

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Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

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