Submarines for sell
France just figured out there are not the once feared and great nation they were. Australian government just changed their mind on a $56 billions contract for conventional submarines and took the nuclear American ones who are said to be more efficient in the defence against China. It’s not clear why France could not sell them their own nuclear technology, at first they said that Australia made a wish to not have nuclear technology, since they don’t use nuclear power-plant.
We can even find on the official Australian Government website the following : “Australia does not possess any nuclear weapons and is not seeking to become a nuclear weapons state. Australia’s core obligations as a non-nuclear weapon state are set out in the NPT. This includes a solemn undertaking not to acquire nuclear weapons.” (link)
Interesting fact, Australia is home to 33% of the world’s uranium mines ! They use coal to power their country which is totally not great for the environment. So far nuclear power plant is the best when it comes to emitting low CO2, but somehow countries using coal seems totally OK with it…
Macron and Biden are now playing it cool. Not sure what’s going on here but I think everyone is bracing for impact when China will invade Taiwan back. After Hong Kong which was annexed silently during the covid crisis, I wonder if this time the commonwealth will weight into the battle or not. Will Europe and the USA fight to ?? Not so sure after all.
Have you been reading about the Theranos trial recently ? This crazy startup whose fake revolutionary product conducted to wrong lab results for many patients has its founder Elizabeth Holmes in trial.
They offered a fast and costless blood test with their “own technology” which ended up being a massive fraud.
IMHO this is what happens when your blindfolded investor puts too much money in your company and you keep covering the reality of your “not so revolutionary” product to not lose everything. Here are a few articles :