Koon Yew Yin's Blog

France recalls Ambassadors from US and Australia - Koon Yew Yin

Koon Yew Yin
Publish date: Sun, 19 Sep 2021, 05:56 PM
Koon Yew Yin
0 1,414
An official blog in i3investor to publish sharing by Mr. Koon Yew Yin.

All materials published here are prepared by Mr. Koon Yew Yin

Calling American and Australian behaviour “unacceptable between allies and partners,” France announced on Friday that it was recalling its ambassadors to both countries in protest over President Biden’s decision to provide nuclear-powered submarines to Australia.

It was the first time in the history of the long alliance between France and the United States, dating back to 1778, that a French ambassador has been recalled to Paris in this way for consultations. The decision by President Emmanuel Macron reflects the extent of French outrage at what it has a called a “brutal” American decision and a “stab in the back” from Australia.

In a statement, Jean-Yves Le Drian, the French foreign minister, said the decision was made by Mr. Macron, who is understood to be furious about the way the United States, Britain and Australia negotiated the deal without informing France.

Australia on Wednesday cancelled a $66 billion agreement to purchase French-built, conventionally powered submarines, hours before the deal with Washington and London was announced.

“At the request of the President of the Republic, I have decided to immediately recall our two ambassadors to the United States and Australia to Paris for consultations,” the statement said. “This exceptional decision is justified by the exceptional gravity of the announcements made on 15 September by Australia and the United States.”

Malaysia and Indonesia reaction

Malaysia and Indonesia have criticised Australia's decision, while Singapore and Japan added support. Malaysia has joined criticism of Australia's plan to build nuclear-powered submarines, warning it could spark a renewed arms race in the region, while the diplomatic crisis with France sparked by the decision continues to escalate.

Prime Minister Scott Morrison rang Malaysia's new Prime Minister Ismail Sabri Yaakob last week as part of a broader high-level diplomatic push designed to reassure regional leaders.

He wanted to explain Australia's rationale for scrapping a $90 billion submarine contract with the French company Naval Group in favour of nuclear submarines with US and UK technology.

But in a public statement, Mr Yaakob said he had raised concerns about the project with Mr Morrison, and warned that the nuclear submarine project might heighten military tensions in Asia. "At the same time, it will provoke other powers to take more aggressive action in this region, especially in the South China Sea," Mr Yaakob said.

Indonesia has also criticised the nuclear submarines announcement. A spokesman for its foreign ministry issued a statement earlier this week saying it was "deeply concerned about the continuing arms race and power projection in the region".

China’s reaction

China has drone strike capability and guided long ranch missiles with nuclear heads to strike any target including the Australian nuclear submarines.  

 

China has long range missiles

 

The S-400 deploys two missile types capable of hypersonic interception at ranges of 250km or more. These are the 48N6DM/48N6E3 and the 40N6E. The former retains a range of 250km and can intercept its target at speeds of up to Mach 14, with a semi active radar homing guidance system. The latter retains a considerably longer range of 400km, and climbs to the upper atmosphere before descending towards its target. This provides the 40N6E with excellent over the horizon capabilities and allows it to intercept targets at altitudes as low as 5 meters off the ground. The missile makes use of a combination of semi active and active radar homing, and its capabilities are a considerable game changer unparalleled by any other munition in the world.

 

 

 

 

 

 

 

More articles on Koon Yew Yin's Blog
Eversendai Corporation made a remarkable comeback in FY2023 - Koon Yew Yin

Created by Koon Yew Yin | Apr 22, 2024

Eversendai Corporation Berhad made a remarkable comeback in FY2023, reporting strong profit growth. Here are the key highlights from their financial performance:

Sendai price trend reversal - Koon Yew Yin

Created by Koon Yew Yin | Apr 22, 2024

Sendai price chart below is showing its price trend reversal. It is hitting a record high.

How can KSL double its profit? - Koon Yew Yin

Created by Koon Yew Yin | Apr 18, 2024

After the stock closed yesterday, KSL announced its 4th quarter EPS which is 40.76 sen and its net tangible asset (NTA) backing of Rm 3.65. Its profit increased by 230% more than last year.

Why Sabah will leave Malaysia - Koon Yew Yin

Created by Koon Yew Yin | Mar 29, 2024

Currently Sabah Government does not know that solar panel produces the cheapest electricity???

Malaysia can be one of the richest nations in the world - Koon Yew Yin

Created by Koon Yew Yin | Mar 23, 2024

During my life time I saw every Prime Minister being replaced by another politician for one reason or another. Dr Mahathir managed to stay the longest time of 22 years.

Property Developers comparison - Koon Yew Yin

Created by Koon Yew Yin | Mar 04, 2024

All property developers have just announced their annual profit for 2023. All of them reported increased profit.

My contribution as an Engineer - Koon Yew Yin

Created by Koon Yew Yin | Mar 04, 2024

Although my writing of this article sounds boastful but I feel that it is important to keep this record for posterity. Engineers play a pivotal role in shaping our modern world.

What can KSL can do to benefit shareholder? - Koon Yew Yin

Created by Koon Yew Yin | Mar 01, 2024

What can KSL do to benefit shareholders? I hope all the shareholders will read this article so that they can attend the coming annual general meeting to vote out those directors who are seeking re...

All Investors require Anticipation - Koon Yew Yin

Created by Koon Yew Yin | Feb 29, 2024

After the stock market closed, KSL announced its 4th quarter ending Dec 2023 EPS of 12.74 sen. The total is 40.76 sen for 4 quarters. Its total EPS for 4 quarter ending 2020 was only 17.8 sen.

Property developers share prices comparison based on latest EPS - Koon Yew Yin

Created by Koon Yew Yin | Feb 29, 2024

KSL is the cheapest in terms of PE ratio. KSL Holdings Bhd is a holding company. It is engaged in real estate services.

Discussions
Be the first to like this. Showing 5 of 5 comments

supersaiyan3

最討厭KYY這種偽君子。

2021-09-20 01:23

cyeec2000

I think malaysia should embrace sharing wealth policy like china targeting CCP fans.

2021-09-20 08:52

stockraider

USA Always Betray other country loh!

Just look afghan mah!

2021-09-20 10:08

Juliana

Talk nonstop Kyy.

2021-09-21 05:14

Janson King

If CCP won, our sovereignty at South China Sea probably gone.
Will that trigger anti Chinese incident here in Malaysia?

2021-09-21 10:31

Post a Comment