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Sub spat – France recalls ambassadors to Aus, US

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After a week where the French lost a $90 billion dollar submarine contract, the French government will recall its ambassadors to Australia and the United States.

In a sign the diplomatic relationship is worsening between Australia and the Europe, France will take the extraordinary step of recalling its ambassadors.

It comes as the new defence pact between Australia, the United Kingdom and the United States infuriated French President Emmanuel Macron.

YOU MAY ALSO LIKE – The key details missing from Aus subs announcement. READ HERE

The unprecedented move comes after Australia tore up a $90 billion contract to buy 12 French submarines and instead buy a fleet of new nuclear-powered subs using technology from the US and United Kingdom.

Jean-Pierre Thebault, the French ambassador to Australia, and Philippe Etienne, the ambassador to the US, will return to France.

GALA DINNER CANCELLED

The French embassy in Washington also cancelled a gala dinner.

“This exceptional decision is justified by the exceptional gravity of the announcements made on September 15 by Australia and the United States,” the French Minister for Foreign Affairs, Jean-Yves Le Drian, said in a statement.

French Embassy in Canberra, Australia

“The abandonment of the ocean-class submarine project that had linked Australia to France since 2016, and the announcement of a new partnership with the United States aimed at launching studies on possible future co-operation on nuclear-powered navies constitute unacceptable behaviour between allies and partners – the consequences of which affect the very conception that we have of our alliances, our partnerships and the importance of the Indo-Pacific for Europe.”

FRENCH FURY

French Foreign Minister Jean-Yves Le Drian called the Australian decision, which effectively canceled a $66 billion agreement to buy 12 French diesel-powered submarines, “unacceptable” and “incomprehensible.”

As for the United States, “this unilateral, sudden and unforeseeable decision very much recalls what Mr. Trump would do,” he said in an interview..

The French Embassy in Washington promptly canceled a Friday night gala commemorating the country’s naval assistance to American forces during the Revolutionary War. In what Paris clearly saw as an added insult, Britain is also part of the U.S.-Australian deal.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Rate cuts ahead? US stocks bounce as inflation cools

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Investor sentiment is improving as fresh data out of the US and Australia shifts expectations for central bank action.

Stronger-than-expected labour market figures in Australia have raised questions about whether the Reserve Bank will move ahead with a rate cut next week. While the RBA has signalled it is watching data closely, the resilience in employment may force a delay.

Meanwhile, in the US, softer inflation data has lifted hopes that the Federal Reserve could cut rates later this year. That news helped spark a sharp turnaround in US equities, with the so-called “sell America” trade now unwinding as buyers return to Wall Street.

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Trump’s $600B Middle East Deal: What It Means for Global Stability

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President Donald Trump’s four-day Middle East tour during his second term has sparked global attention, locking in a monumental $600 billion investment from Saudi Arabia. From AI to defence, space to energy—this economic pact is reshaping U.S. foreign policy.

In an unprecedented move, Trump also lifted long-standing U.S. sanctions on Syria after meeting its new president, raising eyebrows among traditional allies.

Ticker News anchor Veronica Dudo speaks with Erbil “Bill” Gunasti, former Turkish PM Press Officer and Republican strategist, to break down the implications for national security, global diplomacy, and the path to peace in Ukraine.

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Trump’s AI deals raise concerns over China ties

Trump’s AI deals in the Middle East spark division over national security risks and concerns over China ties.

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Trump’s AI deals in the Middle East spark division over national security risks and concerns over China ties.

In Short:
Trump’s AI deals with Saudi Arabia and the UAE are causing internal conflicts in his administration over US national security. Officials are concerned that American technology supplied to the Gulf could ultimately benefit China, leading to calls for enhanced legal protections.

President Donald Trump’s recent AI deals in Saudi Arabia and the UAE are causing internal conflicts within his administration.

Concerns are rising among officials, particularly China hawks, about the implications for US national security and economic interests.

Agreements include shipments of vast quantities of semiconductors from Nvidia and AMD to the Gulf states, prompting fears that American technology could ultimately benefit China, given the region’s ties with Beijing.

While the accords include clauses to limit Chinese access to the chips, some officials argue that further legal protections are necessary.

Critics, including Vice President JD Vance, have suggested that maintaining US dominance in AI is crucial, and shipping chips abroad might undermine that goal.

Supporters of the deals, including AI Adviser David Sacks, argue the need for American technology in the Gulf to deter reliance on Chinese alternatives.

Despite this, internal discussions are underway to potentially slow down or reassess the agreements due to ongoing national security concerns.

Conversations have also included proposals for a significant chip manufacturing facility in the UAE, which many officials deem risky due to China’s influence.

Additionally, worries persist about G42, an AI firm in Abu Dhabi, which has historical ties to Huawei.

The agreements with Gulf countries promise to enhance their technological capabilities while necessitating careful oversight to address US security priorities.

 

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