Australia signed a deal with France to replace its very old Collins class attack submarines. But as it grew increasingly mindful of the threat from China, it began to think about a more ambitious option. Shashank Joshi: The plans are being held pretty tightly but we've seen a number of leaks in various press outlets. It's going to be based on the next generation British submarine, he says.
An old-fashioned bank run has caused American regulators to intervene in a big way to save the bank’s depositors. We ask what went wrong, and what risks the fix will pose. Today America, Australia and Britain will cement a military alliance designed to confront an increasingly assertive China. And an Ethiopian prince buried among English kings reignites questions about cultural restitution.
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