Australia and France opened a “new chapter” in their relations Friday as the new Australian Prime Minister seeks to heal wounds from a secret submarine contract that infuriated France. President Emmanuel Macron warmly shook hands with Australian Prime Minister Anthony Albanese outside the French presidential palace, showing a thumbs-up before putting his arm around the Australian leader's back as they headed inside for talks. “Trust, respect and honesty matters,” Mr. Albanese told reporters. “This is how I will approach my relations” with France. Paris responded with fury when the previous Australian government announced in September that it was cancelling a 90 billion Australian dollar ($62 billion) contract for French-made diesel-electric submarines. Instead, Australia had struck a deal with the United States and Britain to provide submarines powered with US nuclear technology, which French leaders said was sealed behind their backs. France temporarily withdrew its … [Read more...] about Australia and France make ‘new start’ after submarine row
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Worldview with Suhasini Haidar | What were the outcomes of the G7 Summit?
The Summit of G-7 leaders, the group of the world’s “most industrialised economies”, was held in Germany this week, where India along with Indonesia and a few other countries, was a special invitee. Last week, we told you about the BRICS summit of emerging economies, that was once seen as a complementary and now a potentially competitive grouping to the G-7. What they have in common is that the agenda is driven by the economy. A bit about the G-7: 1. The Grouping began as the Group of Six in 1975- with a meeting of leaders of US, UK, West Germany, Italy, France and Japan, as a result of the Oil crisis and global currency exchange issues that decided to meet annually. 2. Canada joined in 1976- making it the G-7. The EU leadership is always invited to G-7 meets 3. In the 1990s after the fall of the Soviet Union and reunification of Germany, Russia was added to make it the G-8. However, after Russian wars with Georgia in 2008, and the annexation of Crimea in 2014, the club … [Read more...] about Worldview with Suhasini Haidar | What were the outcomes of the G7 Summit?