Submarine deal - Australia and French shipbuilding firm Naval Group have signed a deal worth 31 billion euros to build 12 state of the art submarines. The contract signed this morning with Naval Group, a French consortium with state backing, is worth 50 billion Australian dollars or about 31 billion euros. It is both Australia’s largest ever defence procurement project and Naval Group’s largest ever foreign sales deal. The firm said the submarines would be delivered and tested beginning in the early 2030s through to the early 2040s, with the last likely to be decommissioned in the early 2080s.
A major pile-up involving around ten vehicles, including a truck and a motorcycle, occurred early on the 7th of August in the Las Planas tunnel on the...
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Banque Havilland (Monaco) SAM will relaunch as Moncrief Private Bank (Monaco) SAM in late 2025, following its acquisition by an international investor...
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Monaco has introduced a new road safety law that bans children under 14 from using electric scooters or electric bikes on public roads. The change is ...
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A devastating wildfire in southern France has burned through more than 16,000 hectares of vegetation in the Aude region, an area larger than the city ...
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A devastating wildfire in southern France has destroyed over 15,000 hectares, making it the country’s worst blaze since 1949. French Prime Minister Fr...
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