A New Reflection About Cars

A New Reflection About Cars

[Construction]

officials in August and September. The Chinese threat was at the top of Tsai’s mind at Tuesday’s ceremony, during which she said the submarines “will certainly let the world know our persistence in safeguarding our sovereignty.” The program’s cost has been criticized domestically since it was announced. Taiwan raised its 2021 military budget to $15.2 billion, the highest ever, but the island’s military establishment has faced steady criticism over its shift to more modern defense strategies and the readiness of both its active and reserve forces. The design phase alone of the indigenous submarine project cost an estimated $104 million, while the construction of the submarines themselves will cost more than $16 billion. Some defense experts have called on Taiwan to scrap its submarine program. In a November 2019 op-ed in The Diplomat, Michael A. Hunzeker and Joseph Petrucelli argued the submarines would be difficult for Taiwan’s inexperienced shipbuilders to construct and would have limited utility deterring a Chinese invasion, instead being “among the highest priority targets” for the PLA. “Given rotation and maintenance requirements, an eight-ship [submarine] fleet would likely have only a small number, maybe two or three, submarines deployed on a day-to-day basis, leaving the rest vulnerable in port,” they wrote. Wang Jyh-perng, a former submarine officer in Taiwan’s navy, echoed similar doubts in 2015, writing with Navy reserve Rear Admiral Tan Chih-lung that having even four or five combat-ready submarines is not enough.

https://thediplomat.com/2020/11/taiwan-starts-production-of-first-domestically-made-submarines/

Severn Trent suffers revenue and profit loss after covid-19 hits water consumption Government's 'wash your hands' message led to an increase water usage Severn Trent chief executive Liv Garfield (Image: Severn Trent) Sign up to FREE email alerts from BusinessLive - West Midlands When you subscribe we will use the information you provide to send you these newsletters. Sometimes they’ll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Thank you for subscribingWe have more newsletters Show me See our privacy notice Water and sewage company Severn Trent has seen revenue fall by £22 million after a 'challenging' six months. In its latest results announcement, the company - whose headquarters are in Coventry - revealed that for the half year to September 30, group turnover fell 2.5 per cent to £887.6m from £910m in 2019; while pre-tax profit fell by more than 20 per cent to £224.6m. The company - which serves millions of customers across the Midlands - said that £33m of the reduced revenue was largely driven by Covid-19 and lower consumption from commercial customers. But this was slightly offset by the fact that people were using more water to wash their hands regularly, as well as warm weather during the summer. Mitchells & Butlers reveals 1,300 job losses as it slips into the red Severn Trent bosses expect to see revenue fall by around £50-£85m for the full year, taking into the account the impacts of the pandemic. Liv Garfield, Chief Executive Severn Trent check out the post right here Plc, said that, despite the challenges the company has faced it has made an 'excellent' start to the year. She added: "The last six months have been challenging for everyone and I am grateful to our Severn Trent people, whether they've been in a treatment works, in an office, working from home, or out on the streets carrying out essential work, for the dedication, resilience and wonderful can-do spirit they have shown.

https://www.business-live.co.uk/enterprise/severn-trent-suffers-revenue-profit-19348649
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