Latest news with #TonyCapaccio
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Business Standard
6 days ago
- Business
- Business Standard
Pentagon mulls scrapping Aukus submarine deal with Australia, Britain
By Tony Capaccio and Ben Westcott The Pentagon has launched a review of the Biden-era Aukus pact to develop nuclear-powered submarines with Australia and the UK, as the Trump administration looks to shift the burden for collective defense to allies and make sure the US has enough warships of its own. The review will study whether the deal, signed by President Joe Biden's team in 2021, is 'aligned with the President's America First agenda,' the Pentagon said in a statement. A spokesperson for Australia's Defence Minister Richard Marles said in a statement that Canberra and London had both been informed that a review was going to take place. 'It is natural that the administration would want to examine this major undertaking including progress and delivery, just as the UK government recently concluded an Aukus review and affirmed its support,' the spokesperson said. The spokesperson said that Australia's engagement with the US had shown 'clear and consistent support for Aukus.' Australia signed the Aukus security partnership with the US and UK in September 2021, part of a pivot by Washington and London to strengthen their presence in the Indo-Pacific region as China's military power grows. The deal called for the US to sell Australia as many as five of its Virginia-class submarines and then, farther into the future, for Canberra and London to deliver a next-generation submarine — to be dubbed the SSN Aukus — together. But US submarine production has been plagued by delays and cost overruns, and some Trump administration officials have questioned the wisdom of the program. Last year, a top US lawmaker revealed that the new Virginia-class submarine is two years behind schedule and is projected to run $17 billion over the planned budget through 2030. Skeptics include Defense Undersecretary for Policy Elbridge Colby. Last year, he posted to social media that 'it would be crazy to have fewer SSNs in the right place and time,' using the shorthand for nuclear-powered attack submarine. Marles, who is also Australia's deputy prime minister, earlier this year delivered a A$500 million ($325 million) downpayment to the US administration as part of the Aukus agreement.
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Business Standard
7 days ago
- Business
- Business Standard
US to withdraw some embassy staff from Middle East as tensions rise
By Jamie Tarabay and Tony Capaccio The US ordered some staff to depart the embassy in Baghdad and authorized military service members' families to leave the Middle East, officials said, after Iran threatened to attack US bases if talks over its nuclear program fall through. The decision to reduce staffing in Iraq was 'based on our latest analysis,' according to the State Department. Defense Secretary Pete Hegseth authorized family members of US military stationed across the region to leave, according to a Pentagon statement. Neither statement cited a specific threat but the New York Post published an interview in which President Donald Trump said he's growing less confident about the prospects for negotiations to impose new limits on Iran's nuclear program. Iran, meanwhile, warned of retaliation against US military assets in the Middle East if the talks collapse and the Islamic Republic is attacked. 'I sincerely hope it won't come to that and that the talks reach a resolution,' Iran's Defense Minister Aziz Nasirzadeh said in televised remarks. 'But if they don't, and conflict is imposed on us, the other side will undoubtedly suffer greater losses. We will target all US bases in host countries without hesitation.' US officials have been told that Israel is ready to launch an operation into Iran, which is part of the reason why the Trump administration advised some Americans to leave the region, CBS News reported on Wednesday evening, citing multiple sources it did not name. The initial report did not offer a time frame for any operation. West Texas Intermediate futures surged as much as 5.2 per cent after Reuters reported earlier that the US embassy was preparing for an ordered departure in response to heightened security risks in the region. Iraq is the second-largest OPEC producer. Earlier in the day, the UK Navy issued a rare warning to mariners that higher tensions in the Middle East could affect shipping, including through the Strait of Hormuz. Shipping has often been risky in the Middle East, but UKMTO, which acts as a liaison between the navy and commercial shipping, rarely puts out general warnings such as this one. 'UKMTO has been made aware of increased tensions within the region which could lead to an escalation of military activity having a direct impact on mariners,' the advisory said. 'Vessels are advised to transit the Arabian Gulf, Gulf of Oman and Straits of Hormuz with caution.' The Joint Maritime Information Center, an information sharing hub that comes under the Combined Maritime Forces, warned of heightened risks from the discord, including the possible use of missiles around chokepoints. Hegseth's move applies to family of service members stationed across the US Central Command area of operation, which includes most of the region, according to the statement. 'Centcom is working in close coordination with our Department of State counterparts, as well as our Allies and partners in the region to maintain a constant state of readiness to support any number of missions around the world at any time,' the Pentagon said. Tehran says it is preparing a fresh proposal regarding its atomic activities before a sixth round in Muscat, the Omani capital, on Sunday. That 'can be used as a basis for work,' Deputy Foreign Minister Majid Takht-Ravanchi said on Tuesday, suggesting Iran is considering a temporary deal that acts as a framework while technical details — many of them highly complex — are worked on. Trump has consistently said he wants an agreement that curbs Iran's atomic activities and that the US could strike Iran if the talks break down. Israel — which believes a nuclear-armed Iran would pose an existential threat — says it could attack Tehran, with or without US help. Iran has long denied having plans to build a nuclear weapon.
