i. ready too often of canister is portrayed through the prism of war. but there were many of thunderstorm thanks to the brave individuals who risk their lives to protect it from destruction. an extraordinary film archives spawning for decades, reviews the forgotten truth of the countries modern history. the forbidden real part 3, the rise of the machine on a just the, you know, what we do. it all just theera is try to balance this story and he's the people who allow us into their lives, dignity and humanity. ah, hello i marianna mozy in london, just a quick look at the main stories of following now. president joe biden has tried to

reassure americans at the country's banking system is safe after the collapse of silicon valley bank bang stalks around the world, plunged on mondays, customers queue to try and get their deposits back. this is the largest failure of the us bank since the 2008 at global financial crisis. we, while authorities here in the u. k. of also been reassuring taxpayers that they won't be liable either. after emergency talks, europe's largest bank, hsbc stepped into rescue the british division of silicon valley bank. the u. k. banking system is extremely secure. it's well capitalized and i think we've demonstrated that resilient spy what was happening over the weekend and the fact that we were able to come up with a solution. so quicker in our headlines, the bite and administration has approved a major oil and gas rolling project in alaska. the $8000000000.00 plan led by giant oil giant clinical phillips, very strong opposition from crime activists. they say it undermines the

administration's place to combat climate change and reduce greenhouse gas emissions . in outlook comes a day off. the government said there would be limits on drilling oil in $16000000.00 acres in alaska, under the arctic ocean shabby towns. the asthma from washington biden had made a campaign promise that he would not allow any drilling on federal land because he would be the 1st president to take climate change. seriously no drilling on federal period. he's that same famously. he's already broken that promise. he's already actually, his administration's approved more oil and gas drilling permits and the trumpet ministration in its 1st 2 years. the emissions that we'll have will results from this project. well, entirely wipe out all of the clean energy, the renewable energy projects, on federal land. the bite is improved in order to reduce emissions by 2030 by double. so he's completely wiped out all the so radically, all the, all the,

all the reductions in greenhouse gases that, that he was planning and boasting about by 2030 in what with one decision. the leaders of the u. s. australia and the u. k. a meeting, a naval base in california with the name of announcing long term plans for the trilateral nuclear submarine deal. australian prime minister anthony open easy, and britons richie sooner. joining biden in san diego 18 months that countries formed a security allies called orcus. its principal goal is to bring australia into the fold of navies possessing nuclear power submarines. many analysts say the lights is aimed at countering china's dominance and the pacific. the u. k. parliament is debating a bill and curbing the numbers of asylum seekers who rival but assures in small boats and fulfilling the primers this promise to deport anyone entering. in a way the government considers illegal. no amendments can be made to the text, but at the end of the debate, a vote will be held on whether the bill proceeds to the next stage of the

legislative process. in all his stories have been following today, malawi is declared the state of disaster after a powerful storm had the country for a 2nd time. in 60 bodies were found on monday after tropical site on friday, unleashed more torrential rain and strong winds. over the weekend. several others have died in neighboring mozambique friday, 1st hit southern africa last month. the longest last thing, some of its kind on record in southern hemisphere. meaning what if i'm in her muscle when it was to bed in the night, but now that it is daytime, i can feel the loss. i have never seen something as terrible as this. my neighbor's house is all or got the family members are done. they are missing. in some cases the father is a life, but the wife and the children are gone. what you got by but you know, i'm helping to find the victim. i know there are more bodies that are still buried so far between 20 and 20. 5 bodies been recovered from the debris and ruined houses and most of the month and very the hospital. but they all look dead. at least 6

people have died in northern peru, intervention flooding. they're brought on by powerful cycle, and government has declared a state of emergency. i don't know why i have visited some of the hardest hit regions, highlighting the governments delivery of age though obviously, has been a deluge in the midst of these torrential rains. i saw it was bad lines. i you know, that is well. something he can go kitchen, which is not going to hook up the account so she didn't know what the rising no, with the u. k. london, 39 degrees breaking the july record call. it says on of the guns,

the luxury in denying that i've got to kill folk. the look girls, dodge and reba may legally tell you that they are not going to do me. no, i don't. it's a summer $29.00 team in europe. illustrated. the urgency of the climate crisis, which claimed its 1st victim water. the demand is going straight up and the supply is going straight down. i mean, it is dark. it's dark. located don't have it down from here to get by water farmers destroyed while others might adapt to climate reco breaking the way in today. 70 percent of the earth pure water

that is used to a human consumption. it has become the most coveted resource on the planet. all me try not doing anything that requires water to die and say, hey, you won't be wearing any clothes you might be using your might all the time. you might be driving in a car, might be living in a house. you might be having breakfast, will be having lunch, be having dinner, water and everything that way. me to save humanity, wall street, or start a resolution. make water profitable and create more markets just like oil mark

water falls from the sky, therefore it should be free. whenever i hear that, i always say, diamond occur in nature and they are not free. it's a financial product like any other financial product. coming like around $195.00 later than just at the beginning of this water financial revolution. the blue gold rush has begun. can anyone stop it? the hill or right to water means that it's not a charity. it's an issue of justice. this is the issue of our time. this is the crisis of our time, ah, with financial pressure on human mobilization. rising, the battle over water has already begun. who will come out on top?

the planet, the people or the markets london, the financial capital of europe. here is where the relationship between water and finance 1st began 30 years ago. at the time, it was simply a question of commending the virtues of privatization. it was margaret thatcher, prime minister, at the time ward, who championed the cause of the privatized socialists. i water in a better deal than nationalized water. i believe we'll go very successfully. indeed.

what happened was the entire system, the inter physical system, as well as the concession we're sold to the private come to every trooper water in the place is private commodity. one of the 1st thing, some of the killed listed was to start closing off would supply to people. he hadn't paid the bills the number of people who've had that water cut off for failing to pay their bills has almost trebled in a year. one company for example, disconnected $11000.00 customers, as far as the company was concerned, they could stay disconnected if they didn't pay their bills. they didn't get the

water. i was, i always just come by, know, nicole got moved on. do you have to come up on the top? do you think you'll have to make this journey that during the day just come down again? well, probably another 4, but i mean, you go down to 3 and you gotta do some cooking. we didn't even have to care for this during the war time. i said to myself, it's disgusting. but from the market perspective, that doesn't bursa the market can careless if people die of cholera, really, that's not their job. that job is making money and we've done that very well

fine, 10 years later law is pass that prohibits companies from cutting off the water supply to those who haven't paid their bills. but this is not enough to deter the finances . on the contrary, in the early 2, thousands, a new generation of traders and the world war 2. namely, private equity farthest full volved show found they are hungry and completely unaccountable. they may be funds which have a 10 year life. and they, therefore, they need to get their returns over that decade, that they will be the owners. and then they need to find a new and say you have a lot of international vestos people who may never have been to a water plant in yorkshire at all, or maybe never been to yorkshire. their fathers is wonderful. business,

unruly said links, you don't need to know anything about water and you don't need care anything about the water. the new owners arrived from canada, hong kong i'm a lazy in london, thames water distribution authority that covers 20 percent of the country is bought by the australian based mcquarrie, families. i was aware of mccore, i mean they were quite a famous institution in australia, whether it be 9 or something, i think they were called the millionaire factory because so many people who worked at mccory became very rich as a result of the bonuses that they earned. but corey world 1st private equity companies to say, these are good places to believe. one of the simple reasons for that is if you

observe there is and is going to be population growth. if this population growth, this can be more water thing. drug david hall is the man who reveal this war to scan. in 2017, he published a study which he detailed 30 years of abusive practices. rising bills, soaring dividends to shareholders, and tax evasion. a caricature of financial capitalism. ah, we ended up to closing the a belts $2.00,

billions pills per year was being taken out of the system by private capital. no main reason for that was that the dividends, though paying themselves, were very high. a very regular to these companies were perfect cash machines. they still are, they still are everybody believes correctly that we are being swindled by the water filters walk david whole study than did was it said, is this really how you think that essential services we should be exploited? i think is the best way by financial interests. so aggressively.

the australia based mcquarrie funnels was a shareholder in terms water for just over 10 years. when it sold its fun share in the company, march 2017. mcquarry says it had just over $13000000000.00 of debt. somebody at that point will have to repay all those borrowing well as any one source of money in the whole water industry. and that is the customer. and when the customer has to repay those borrowings that will affect the charges they have to pay. and of course the owners will never return the dividends they've taken out. those have just gone i think they take a few that this is a victimless crime. ah. the funny thing about you case experience will to privatization is no one else in the developed world has done it. it's a one off and sometimes you have to ask yourself,

why is it today of 80 percent of britney's would like to go back to a time when wharton was a common public and essentially free resource. but this concept is slipping away joins swelter through another 24 hours of extreme hate. ivan, i had barely dipped below 30 degrees in many parts of the state, with temperatures soaring into the mid to high portions during the day, with catastrophic ranges lighted, as it remained extremely hot, for the se that i with temperatures tend to sustain degrades,

above average. normally australia, on the frontlines climate change here, drought is a part of everyday life. in this parched country, australians are getting closer and closer to tomorrow's world. a world where water is scarce and expensive resource who bought doesn't is a dairy farmer who lives in new south way. one of the drives regions in the country for many months now, his reserves have been empty. the only solution for feeding his animals is to buy

extra water on the private market. you know did i surround just for my kale? it cost me close to half a $1000000.00 for 12 months of water. $500000.00. can you afford that? aid would put a great deal of strain on us if we, if we did it a great deal, a strike right . like we now a farm in the last 3 months. it's already spent $1000000.00 on board up with a storm could come straight to my wife at all at tape. so it's, there spent the money, but still a game on whether it,

whether it's going to work or not. with which jolla base became, the cows ally goes with her for the water to grow crops for the chaos. ah, we can afford. i real lot a grinding, they're getting very little or no grain at all. at the moment. they say they're producing 50 percent less than what they should be for these tommy it's just survival. my drawings of all i keep as going and i'm a try and get out the other end of it with me

with blue sky, you smith, my son. mike's and helping each other, but now it's more like dog eat dog world is, am i speaking with, with the water policy? ah, water has become like it is bought and sold with a single click thanks to mobile phones and an application connected to the market available 24 hours a day. it's price changes day depending on supply and demand. mm

say i could touch it. i can have my fade in it, but i can't even not lay. so got that money once the transaction is approved, irrigation channel valves open automatically and pour out millions of liters to customers. those who can pay people are just taking water from us. and it's, it's taking a lot, it's taking our food from a table. all is why we we doing it is i feel next year the rivers are full and the we don't have to go back on to that. i've been market to buy water again. will happen, who it not? we die, you miles apply russian relinquish to

combat water shortages. the australian government has chosen to rationally each year. it allocates a quota to the major water consumers, farmers, industrialists and cities. this is calculated based on activity existing reserves and weather forecasts. along with this new loan called the water act watermark. it's have been created where anyone can come and purchase additional rights or sell some of the just want to give you a co as a market is changing a bit a couple ways that is not going to change or with money. my st. trading really happening around $400.00. i lay bogged $495.00 anyway to my body from waterfall. thanks. hey, look forward to hearing from you in just 10 years,

the water business has become the new el dorado, the turnover of $2000000000.00 a year. morning. yeah, i am 9 o'clock 1st thing you want to find is the world's leading more to stock exchange. i was here because it will, they worked with the mega liter, a unit of measurement equivalent to 1000000, leaches some of my tame. he called me at the watermark at pioneer. so i'd like to say that i'm a pioneer in the world. i was always a gotten that order. the guys well since i to your money we had the transfer. ah, he's only got the i think. yeah, i will reset that a guy named and reminded about adrian valencia that we secured that so

many transfer. $250.00 megs plus decide prices are to die around the $500.00 per mega later or a 1000000 litres? you've got to expense is i think it's take what? $500.00. i was that 300 year eyes, 350 year eyes for 1000000 litres of water. i'd say it's pretty shape. and when you look at it from that perspective, isn't it a good thing that way, a finally putting a value on this resource a cause in putting a value on are we gonna respect that more in this new world. every drop comes water is no longer a natural resource, but a commodity ah,

in the world of water markets, the key players of the agricultural industry, as is the case with webster, the country's largest producer about the directors of this company are among the richest water owners at the head of a reserve with more than $200000000.00 that owns a mass, cultivated and exported all over the world in relation to the amount of water used . this is their most profitable crop. on this phone, brendan barry has the title of water management. this is

a new area of expertise that that some would colony. no, they're not quite ready. if you got a big yeah, they'd be yeah, but the title isn't even viable. but the non parella, the real number of these other not bigger than that, but they may sell them on a property with the easiest to market and what not the title value. their water is, is more valuable than all the land we hauled, the plant and equipment, or the last talk that we hold the

water market in this area. this she has gone from about $320.00 per mega leda to over $700.00 per meg alotta. and that's in a period of a round 4 months. and that will price doubled to profs. but that's how it works. ah, ah. are expiring stories from around the world? i'm all with human life capture. and it's

a fast one witness on a just either in a concert hole in baghdad. away from the conflict and tales from the war, sectarian bonnets and sanction the iraqi national symphony orchestra has full to perform classical and traditional arab music. in the face of all adversity, al jazeera will tell us it's challenging story. symphony for iraq on al jazeera when the news breaks, some buildings that had already been damaged, have been further pushed over to one side. others that were close to collapse when people need to be heard. and the story told. i couldn't tell them that i was a musician when i was supposed to be proud with exclusive interviews and in death to poor. each centimeter of this stuff represents

a year of life. al jazeera has teens on the ground to bring you more award winning documentary. and lives coveted beyond well taken without hesitation. fought and died for power. defines our, well, we live here we. it's the rule, not them. they find an enemy and then they try and scrub people with people empower, investigate, exposed it, and questions they use them to be use of our around the globe on al jazeera. ah ah hello, i'm sorry, i'm noisy in london with a quick look at the main stories now. president joe biden has tried to reassure

americans. countries banking system is safe after the collapse of silicon valley bank. bang stalks around the world. plunged on monday is customers q to try to get back their deposits. the largest failure of a u. s. bank since the 2008 global financial crisis. meanwhile, authorities here have also been reassuring u. k. tax pays. they won't be liable either. after emergency talks, europe's largest bank, hsbc, stepped in to rescue the british division of silicon valley bank. the u. k. banking system is extremely secure. it's well capitalized and i think we've demonstrated that resilient spy what was happening over the weekend and the fact that we were able to come up with a solution. so quicker you as president joe biden has approved a major oil and gas rolling project in alaska. the $8000000000.00 plan led by all joint kanaka phillips, very strong position from climb activists. a say undermines administration's pledge to combat climate change and reduce greenhouse gas emissions. it comes

a day after the government and outs limits on drilling oil in 16000000 acres in alaska and the arctic ocean leaders of the us, australia and the u. k. meeting a naval base in california with the aim of announcing long term plans for their trilateral nuclear submarine deal, australian prime minister antony albanese, and britons richie soon act adjoining biden in san diego, 18 months after their countries formed a security lights called orcus. it's principal goal is to bring australia into the fold of navies possessing nuclear power submarines. and here the parliament is debating a bill aimed at curbing the numbers of asylum seekers who arrive on british shores in small boats. it's aimed at fueling the prime minister's promise to the poor, anyone entering in a way the government considers illegal. milan we has declared a state of emergency after a powerful storm at the country for a 2nd time or than 60 bodies were found on monday. after tropical cycling friday, anesha more torrential, rain,

and strong winds over the weekend. friday 1st hit southern africa last month, and it is the longest lasting, some of its kind on record in the southern hemisphere. but then it continue watching developments there in san diego as the leaders of the u. k. the u. s. on australia meet for this summit aimed at to countering china's dominance in the pacific. we'll have more on that a bit later. mm mm. as water manager, brandon is more of a trader than a farmer. a big stack of grind has a value that's money. water is no different in that sense. in our business, we want to use our water efficiently because if we do that and we can draw, override a profit into the business. and that's what we're ultimately here for us to deliver

a profit for the shareholders. those are the things that are interesting or useful he manages his stock with the help of a specialized broker, lex batches. he to embodies the new generation businessman looking to exploit water for them. drought means good business. worth will mention here to you not get any interest in releasing it. i don't think there's thousands of mega ladies on the market at the moment. up here in the market doesn't seem to be terribly logical at the moment. in our view, it says sort of grade and fee market minutes. we have a balance between here, the 3rd, but it does that sound. that's because of where we are and there's not that much

war around. so paypal actually fairly skiddish. frustrating. my thought yeah, look, i think i'm dairies and such and such as state down there. you know, the number of heads getting sold of them. i what's quite ridiculous yet that from what i'm hearing, basically every dairy farms on the market. so wow, if you did want to do something down there, i think is acquiring lans don't going to be not going to be difficult. i'm sure you guys to i don't know. how did it go? i want 110. i don't want to throw them out to be on thursday. we're not gonna be hard on friday,

but i think 50, i think 910, a 100 putting according to what it is a behind i. it's a good thing. no 1000 i under for that one on the little one much. so you just don't milk and, and do you find yourself i'm doing my job like that much. you never been. it is totally the want. a crisis and soaring prices have forced david on into bankruptcy. he has had to sell the family dairy phone and now joins

the long list of victims of the water markets going a bunch with me or some kind of an error in this district law. so i've had to leave more than 10 kilometers from where our ship a special dog. ah, a literally. what if you look at your cash flies for the last 12 months and 4 years ago and you realize you're spending more and more water. and then jenny,

shit to me and we can't keep going on lot this so that conversation wasn't very noisy ah, 3 more dishes in the in the st. and stomped out there as very marshall. it's been like it's probably not as much emotion as lighter on when we are showing chaos. i can tell you who i mother is and who are a grandmother. great, grandma. well, i tell me you get ivr upset. what do you need? i have a spare and i went to my dance, 500. it does not, you know how good. initially, the creation of water markets was welcomed by farmers. big agricultural players saw it as an effective way to buy water whilst others plan to supplement their income

by selling their surplus. what else? to get a good day? right? but 10 years later the market had become fruitless. so good. they all went great time at 315, a lot of like this. lots of people that don't understand the order my. i don't understand the watermark just lisha k followed all the tong is the start of what's happening and i don't think a lot of us know what's happening in the watermark. alicia boeing. you don't wanna look at the watermark cuz lots of forms that i need to push ya. especially if you're looking for water and you think all all garden. ready logan. oh does it keeps going up? oh, the strain is on extreme. the lewis has searing temperatures, put emergency crews on notice, and authorities ready to answer any major process. reco it's failed to day and more said to tumble to morrow with adelaide full cons to heat. 45 degrees,

nudging the hottest. i am re code for the city to see face won't. it won't be as if you control any. my delayed himself east australia, the driest city on the driest continent on the planet. ah, adelaide serves as a think tank. it's here at the university. but the idea of water trading was conceived and in some he is he might get 0 water. so they said nobody could take any more water, so you're going to have to find a way to share what what happened very quickly as a result of where could i did, who will started? i said, well, what we need to do is to unbundled the system and take a license and you set up a bank like accounting system and let everybody tried at low cost into doing that

in all the regulations. and why mike young is the founding father of the australian water markets. one, a renowned economist, he attended hobbit university and has advised the united nations. this is the man writing, the new history of voiced scarcity is really there. so water scarcity is part of the future. the, well, the global predictions are that by 2050, more than half the will, will be living with limited water resources and abundance is a thing of the past. water needs to be managed in a very precious wife in a way that drives innovation. that makes sure our water goes to the best use is it possibly can. so we make money and feed ourselves well. and that leads to the

interest in water markets and drive a revelation with the revolution started by mike young has turn climate change into a market. folks with fascinating see how sophisticated our water markets if the company, if this ryan forecast in a week's time, the price of water will go down. because fine was no, they won't have to irrigate. if it's going to be really hot for the next fortnight . in the price of water it goes off with with i think the reason why you're really come to a university is to make the world a better place to live in. so i teach

a course on how to make a better place to live in. come and enjoy. a mike young has opened up water markets to all farmers, small savers, and above all, professional investors. a now a days everybody can buy water on the stock market for consumption, or simply for speculation. when motor becomes scarce and hasn't become scarcer than somebody has to stop using what markets do, is they discover and reveal the most appropriate people to pull out of agriculture as it is for making cas, as it is for lots of things, we live in

a competitive well, me market mature spot market, derivative markets for water options for what's new intelligence and information systems. we're building artificial intelligence and machine learning or as far as we're all in the guy, the mike money. ready mike, living out of just trying to order worst. we're just interested in getting more of the might by water to make a living, not just making living by buying and selling water. the system was putting for the families to create well for the, for the economy. but it's been taken from the farm is now who's making the money?

ah, you live now to san diego in america. let us present joe vine has been meeting with his counterpart from australia to prime minister the anthony albany. easy as well as british prime minister rashid to knock that for an event. this essentially a summit of allies of the countries aimed at count ringer china dominant in the pacific region that i missed as soon as my honor to welcome both to the united states as we take the next critical step in advancing the australia, u. s. u k. partnership office said unusual name, but it's a powerful entity in our country's 1st announced talk is 18 months ago. i'm not at

all sure that anyone believe that how much progress would be able to make together and how quickly we accomplish. and i want to thank the members of all of our teams to help bring us to this pivotal moment, sitting in front of us. thank you all very much. secretary austin. secretary of navy vill tomorrow. i'm sure let this come of naval operational. you'll day where you add room there your and, and thank you for hosting us at the naval base to point loma. and i also want to thank representative jo courtney founder, the bipartisan august working group and all the members of congress who are here today. thank you for being here. you are a testament to the strong and, and deep support for this partnership across the united states. australian and i kingdom are to america is most stalwart and capable. allies are common values,

are shared vision, war, peaceful, and prosperous future. united all across the atlantic and pacific for more than a century, we stood together to defend freedom and strength of democracy and to your and to spur greater opportunity in all our countries. i've always said, when i asked the united states as a pacific power is around the pacific ocean, we are pacific power. the united states has safeguarded stability in no pacific for decades, for the enormous benefits of nations throughout the region. from ozzy on to pacific islanders to the people's republic of china. in fact, our leadership in the pacific has been to benefit the entire world. we've kept the sea lanes and skies open to navigable for all. we've upheld basic rules of the road that fueled international commerce and our partnerships have helped underwrite incredible growth and innovation. so today, as we stand at the inflection point in history,

where the hard work of enhancing deterrence and promoting stability is going to affect the prospect apiece for decades to come. the united states can ask for no better partners in the end of pacific were so much of our shared future will be written. 14 has new partnership. we're showing again how democracies can deliver our own security and prosperity and not just for us, but for the entire world. today, we're announcing the steps to carry out our 1st project under august and developing australia's conventionally arm nuclear powered submarine capacity. and i want to be clear, want to be clear to everyone from the outset right off the bat. so there's no confusion or misunderstanding that is critical point. the sobs are powered not nuclear arms selves or nuclear power, not nuclear arm. australia is

a proud non nuclear weapon state and is committed to stay that way. these boats will not have any nuclear weapons of any kind on them. each of us standing here today representing the united states, australia. great britain is deeply committed to strengthening the nuclear nonproliferation regime vonner taking his project, working hand in glove with the international atomic energy agency, and with director general grossi. australia will not produce nuclear fuel need for the submarines. we have set the highest standards with the i e, a for verification and transparency, and we will honor each of our countries international obligations. working together these past 18 months, we've developed a phased approach that's going to make sure australian sailors are fully trained to prepared to safely operate this fleet. so they can deliver this critical new capacity on the fastest, fast as possible time table. each of our nations is making concrete commitments to

one another. we're backing it up with significant. a investors to strength the industrial basis in each of our countries in order to build and support these boats . by the way, this partnership is going to be an awful lot for good paying jobs for all workers in our country, including a lot of you, your job. there's reason why not everyone has nuclear power submarines. nuclear propulsion is a highly complicated technology that requires years of training to master. so we're starting right away. beginning this year, australian personnel will embed with us the u. k. crews boat and the bases in our schools in our shipyards last began to increase our port visit failure. in fact, as we speak, the nuclear power jobs us nashville is making a port call in 1st,

as we speak. later this decade will also be established in a rotational presence of us u. k. nuclear power jobs in austria. to help develop the workforce, australia is going to need to build, maintain sleep. one of the vessels you see behind me is a rigid class nuclear power submarine. u. s. s. missouri top on the line submarines are the vanguard of us naval power. and excuse me, for a point of personal privilege as they say the united states where i spent a lot of time the submarines hold a special place for the biden's, my wife dr. joe biden. as a sponsor, the u. s. has delaware of virginia class submarine, and she never let me forget it. say feature cutting edge for pulse and technology provide on match stealth. and maneuverability with the support and approval of congress, began in early 2000 and thirty's. the united states will sell 3 virginia class

submarines, austria with the potential to sell up to 2 more if needed. jumpstarting their undersea capability a decade earlier than many predicted. but the ultimate goal is just selling subs. australia is developing something new together. we're calling it the ss and august this new state of the art, conventionally arm nuclear power summary. that will work. i will combine us summary i, u. k. submarine technology and design with american technology. and i wanna reiterate again. yes, s n, the august will not have nuclear weapons. it will become a future standard for both the u. k. royal navy and the royal australian navy, and made australia defense needs. while bringing our military, our scientists are engineered our ship builders, our industrial workforce, our country's closer together, closer than ever. let me emphasize again,

nuclear propulsion. just test it and save the united states, the u. k. of used to for nearly 70 years from spotless record, a spotless record combined between u. s. and u. k. all of our nuclear power chips of travel the entire. 9 globe around the entire globe war than a 150000000 miles. that's gone, moon $300.00 times. now we can figure out how to get this up to the move we're lug working on. i've got admit, our stewardship of naval nuclear propulsion technology is a point of honor, pride and deep tradition. currently held by admiral frank caldwell who's here today . we're our ad room years of trainee runner take. he started now ensure that australia is fully

prepared to carry on this tradition to meet the highest possible standards of safety throughout the life of these boats are unprecedented. trilateral cooperation, i believe, is testament to the strength of the longstanding ties, the united is and our shared commitment of ensure the end up pacific remains free and open, prosperous and secure, to find opportunity for all a shared commitment to create a future rooted in our common values, that's the objective, the united states shares not only with the u. k in australia and shared bar friends in the region by our french and asi on the pacific island form the quad and other treaty closed partners and you know pacific in europe, august. as one overriding objective enhanced the stability in the pacific. a mid, rapidly shifting global dynamics. this 1st project. this 1st project is only beginning

war partnerships, more potential, more pieces security, the rigid lies ahead. simply stated, we're putting ourselves in the strongest possible position to navigate the challenges today and tomorrow to gather together. so i thank you again, premise or albany, visit prime minister soon. ok, as united states could not ask for to better friends or partners to stand with. as reworked credit is safer, more peaceful future for the people everywhere. i'm proud to be your shipmates. well, president bowden prime minister, cynic, i am so honored to stand alongside you both. here i've a looking the pacific ocean as leaders of true and trusted friends of my country of

australia to die a new chapter in the relationship between our nation. the united states and the united kingdom begins a friendship built on a shared values. our commitment to democracy in a common vision for a peaceful and prosperous future. the old cas agreement, we confirm here in san diego, represents the biggest single investment in australia's defense capability in all about history. strengthening australia's national security and stability in our region. building a future made in australia with record investments in skills, jobs, and infrastructure, and delivering ice superior defense capability into the future. my government

is determined to invest in our defense capability, but we're also determined to promote security by investing in our relationships across our region. from early in the next dec i to strategy will take delivery of 3 u. s. virginia class nuclear powered submarines. the c c 1st time in 65 years. and only the 2nd time in history that the united states is shared. it's nuclear propulsion technology and we thank you for we are also proud to partner with the united kingdom to construct the next generation sub moraine to be called a sin orcus. i knew conventionally armed nuclear powered submarine based on a british design and incorporating cutting edge australian. you kai, and us technologies. this will be and astrology and sovereign capability,

built by australians commanded by the royal australian navy, and sustained by astronomy and workers in australia and shipyards with construction to begin this decade. australia's proud record of ladyship in the international nuclear non proliferation regime will of course continue. we will continue to a did to all of our obligations under the nuclear nonproliferation treaty and the treaty of rarer tonga al agreement unlocks a set of trench full. my chief opportunities for jobs and skills and research and innovation in adelaide's, and in barrow, in finesse in western australia. and here in the united states, opportunities that will shape and strengthen and grow australia's economy for

decades and create around $20000.00 direct jobs for strahan's. from many tribes and specializations. engineers, scientists, technicians, sub mariners, administrators, and tried to people. good jobs with good wages working, doing sure, the stability and prosperity about nations, our region. and indeed al world at future security will be built a maintained not just by the courage and professionalism about defense forces, but by the hard work. and now how about scientists and engineers at take niches and programmers, alec patricians and welders for australia, this hall of nation. if it also presents i hall of nation opportunity. we will work with the state governments of south australia and witness stria to develop training

programs and equip australians with the skills i need to fill these jobs. working together, our universities and research institutes will collaborate to try and more astray lanes in nuclear engineering. we already sharing skills and knowledge and expertise across our borders, lifting the capability and capacity of all 3 countries, all ready to die. australians are up skilling on nuclear technology and stewardship alongside the british and american counterparts already to die. there are straddling sub mariners undergoing nuclear power training in the united states. and i'm proud to confirm mister president, that they are all in the top 30 percent of the class built by innovation and extraordinary. and i'm.