Australia offers compensation for axed submarine deal ...News

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Paris will get back just a fraction of a multi-billion dollar contract torn up by Canberra Australia has agreed to shell out $589 million (AU$835 million) in compensation to French shipbuilder Naval Group after killing a major submarine deal last year as part of the AUKUS pact with the United States and Britain, the latest effort to smooth over a diplomatic spat sparked under the last administration.  Prime Minister Anthony Albanese announced the offer on Saturday morning, telling reporters the arrangement would save tax dollars while using the opportunity to slam ex-Prime Minister Scott Morrison for presiding ove

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