• About Us
  • Careers
  • Brand Partnerships
TFI Official Merchandise
TFI English
TFI हिन्दी
Monday, May 29, 2023
TFIGlobal
TFIGlobal
Right Arm. Round the World. FAST.
No Result
View All Result
  • Premium
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
  • Premium
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean
TFIGlobal
TFIGlobal
No Result
View All Result

US snatches Canada owned Defense firm from Trudeau, Macron fumes

Vedica Singh by Vedica Singh
April 26, 2023
in Premium
Reading Time: 3 mins read
0
US snatches Canada owned Defense firm from Trudeau, Macron fumes
368
VIEWS
Share on FacebookShare on Twitter

It’s clear as day that, amidst aspirations grand, the US dreams of superpower status. This time it’s not only about exercising its military or economic muscles. This time it’s about something far more sinister and nefarious. US is now in a bid to takeover a French based company, owned by Canada.

That’s right. The US is taking over a French company owned by Canada that sells nuclear submarine parts. But why is this so? The official story is that it’s all business. But, let’s be honest, this is all about grabbing control of French nuclear submarines, which are recognised for having superior capabilities to AUKUS.

Also Read

No Content Available

France is perturbed

And, obviously, the French government is displeased. They are concerned about their own industrial sovereignty and the loss of nuclear submarine technology. However, the United States is unfazed. They are determined to become a superpower at whatever cost, and if that involves taking over a French corporation in order to obtain the technology, so be it.

The French government wants to keep nuclear-submarine parts supplier Segault out of American hands at a time when France and the United States are at odds over the Inflation Reduction Act, a $369 billion package of green subsidies and tax breaks that Paris and Brussels have slammed as a protectionist move in violation of global trade rules.

Tensions between the two countries have risen and fallen in recent years, reaching alarming levels in 2021, when the US snatched away a multibillion-euro submarine contract negotiated by Paris with Canberra.

France Seeks Domestic Buyer for Nuclear-Submarine Parts Supplier

Read More: How France outshined USA on every front possible

The American takeover of the France-based company is now proving to be a litmus test for France’s economic sovereignty ambitions. In a deal revealed earlier this year, Segault’s present owner, Canada’s industrial valves business Velan, will be acquired by American industrial machinery major Flowserve. Segault manufactures industrial valves for France’s flagship Charles de Gaulle aircraft carrier and supplies components for nuclear-powered submarines produced by state-owned shipyard Naval Group. If the transaction goes through, Segault will be under American ownership, increasing fears in Paris that Washington may gain access to critical French technology.

In recent weeks, the purchase has become an extremely contentious political issue, with right-wing MPs asking Le Maire to prevent the American buyer and a surprising left-wing contender appearing as a bidder.

Now is the time for Paris to show its muscle and use its veto power to prevent America from taking over.

Eyeing China, Biden and allies unveil nuclear-powered submarine plan for Australia - India Today

US eyeing Global dominance

But let us take a moment to step back and ask ourselves why the United States is so desperate to become a superpower. To spread democracy and freedom? To alleviate global poverty or to combat climate change? No, it’s merely a desire to be number one. In this circumstance, having the best nuclear submarines is essential.

It is no secret that the United States already possesses the world’s greatest military budget, outspending the next ten countries combined. Despite this, they continue to pump money into their military industrial complex in the pursuit of global dominance.

I’m not arguing that the United States shouldn’t have a robust military or aim for technological supremacy. But there is a distinction to be made between a responsible global leader and a reckless superpower. And I am afraid that the United States is falling in the latter category.

Watch More:

Tags: #CanadaOwned#FrenchFirm#NuclearSubmarine#USDominance
ShareTweetSend
Previous Post

19 Creative Ideas for Father-Daughter Bonding Through Drawing

Next Post

24 Engagement Saree Ideas That Will Leave You Mesmerized

Also Read

Balkans

Russia’s Strategic Move: Driving the Balkan Stake through Europe’s Heart

May 25, 2023
Biden provoked Putin and the result is here!!

Biden provoked Putin and the result is here!!

May 18, 2023
Zelensky wishes to mortgage his country just to satiate his ego

Zelensky wishes to mortgage his country just to satiate his ego

May 12, 2023
Poland EU

With one power move, Poland challenges the German leadership of the EU

May 11, 2023
Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

  • Trending
  • Comments
  • Latest
Bakhmut

The Bakhmut story that the global media doesn’t want you to know

May 24, 2023
“Nobody is safe here” Ukrainian oligarchs unmasked dictator Zelensky

“Nobody is safe here” Ukrainian oligarchs unmasked dictator Zelensky

May 23, 2023
Did Ukraine use innocent civilians as human shield against Russia in the name of evacuation?

Did Ukraine use innocent civilians as human shield against Russia in the name of evacuation?

May 9, 2022
Balkans

Russia’s Strategic Move: Driving the Balkan Stake through Europe’s Heart

May 25, 2023
2024 US presidential elections

Zelensky and Boris Johnson predict 2024 US presidential elections. And it makes sense!

May 23, 2023
So France is finally getting a French army if not an EU army

So France is finally getting a French army if not an EU army

May 26, 2023
In the next one and a half years Hungary is going to reset the EU

In the next one and a half years Hungary is going to reset the EU

May 26, 2023
Pierre Poilievre Jagmeet Singh

Pierre Poilievre is masterfully using Jagmeet to corner Justin Trudeau

May 26, 2023
Well if Debt to GDP ratio is the only parameter why single out Finland?

Well if Debt to GDP ratio is the only parameter why single out Finland?

May 26, 2023
Away from the Ukrainian cacophony NATO is playing a dangerous game in Lebanon

Away from the Ukrainian cacophony NATO is playing a dangerous game in Lebanon

May 26, 2023
Youtube Twitter Facebook
TFIGlobal
  • About us
  • Contact Us
  • Terms of use
  • Privacy Policy

©2023 - TFI MEDIA PRIVATE LIMITED

No Result
View All Result
  • Premium
  • Indo-Pacific
  • Americas
  • Canada
  • Indian Subcontinent
  • West Asia
  • Europe
  • Africa
  • The Caribbean

©2023 - TFI MEDIA PRIVATE LIMITED

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Follow us on Twitter

and never miss an insightful take by the TFIGlobal team

Follow @tfiglobal
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. View our Privacy and Cookie Policy.