Get all your news in one place.
100's of premium titles.
One app.
Start reading
Radio France Internationale
Radio France Internationale
World

INSANE: France accepts australian cash compensation deal to end submarine spat - The Real Truth

Australia France United States Anthony Albanese Naval Group Emmanuel Macron Scott Morrison Paris Sebastien Lecornu Canberra
French constructor Naval Group was selected by Canberra in 2016 to provide 12 diesel-powered submarines, similar to the group's Barraccuda class vessels. © Naval Group / AFP

Australia on Saturday unveiled a substantial compensation deal with French submarine maker Naval Group, ending a contract dispute that has soured relations between Canberra and Paris for almost a year.

Australian Prime Minister Anthony Albanese said the French firm had agreed to a "fair and an equitable settlement" of 555 million euros in compensation for Australia's termination of a decade-old multi-billion-dollar submarine contract.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Alanis Morissette Says Experiencing Sexuality Fluidity Is a 'Self-Defining Thing' Rather Than a Phase
Alanis Morissette has publicly identified as pansexual on the Handsome podcast, revisiting earlier comments about her experiences with women and her longstanding LGBTQ+ connections.
International Business Times UK
International Business Times UK
Amy Schumer likens moms in animated movies to ‘porn stars and the same age as their kids’
Comedian has brought up issues with animated movies before
The Independent UK
The Independent UK
Cannabis Appeared in Records of 84% of Teens Needing Emergency Care for Substance Use in WashU Data
A WashU study of more than 5 million encounters found cannabis listed in 84% of substance-related emergency visits involving teens, while researchers stressed the figure does not establish causation.
Medical Daily
Medical Daily
Can You Grow a New Pineapple From the Top of One You Bought at Walmart?
The next time you cut the leafy top off a pineapple, don’t automatically throw it in the trash. That spiky crown may be capable of becoming an entirely new pineapple plant.
Frugal Gardening
Frugal Gardening
A language of belonging: Advice for learning the mother tongue of your ancestors
Learning the native language of ancestors is a meaningful way for descendants of immigrants to connect with their heritage
The Independent UK
The Independent UK
In-N-Out owner vows iconic burger chain 'will always be' in California and says leaving the state would be the 'dumbest business decision ever'
"This is where we started. It's where we are now, and it's where we will always be," Lynsi Snyder, president and owner of In-N-Out, said.
Fortune
Fortune
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.
Download on the AppStore Get it on Google Play