India to select one or more fighter aircraft to be built by private sector

[BON PLAN]

Please do not count French people. The French debt is sovereign debt. Private wealth is separate from sovereign.

France has very high budget deficit.

The savings rate is negative. Loan is not negative. The ECB is buying commercial paper which is a sign of very bad times, like USA in 2007-8.

Yes, France has a high budget deficit. As all the EU. And we will have to make strong efforts to reverse.

But loaner are confident because in case of.... French governmt can 'use' all the money the french have in bank, in form of more tax.... It is the french warranty, and it is enough to make loaners confident.

 

[BON PLAN]

No absolutely not. You are brainwashed unfortunately.

The negative yield on EU bond is a result of ECB buying such bonds at a loss. This does not in any way reflect market demand.

ECB is buying not only its own bonds, but also commercial paper. Buying commercial paper is a sign of extreme distress in economy.

Italia and Spain, are in EU. But they don't have access to negative loan. Is this answer enough for you ?

 

[garg_bharat]

Italia and Spain, are in EU. But they don't have access to negative loan. Is this answer enough for you ?

No. ECB is buying gov. bonds of Italy and Spain as well. Yields may be different, but even these bonds are bought at a loss. So ECB is making a market for bonds of those countries that are in bad position. If ECB does not buy these bonds, there will be no market.

ECB is buying commercial paper now which is surely a bad omen. Central banks should not be in this business. This is against concept of capitalism, as a capitalist economy is market driven.

 

[garg_bharat]

Yes, France has a high budget deficit. As all the EU. And we will have to make strong efforts to reverse.

But loaner are confident because in case of.... French governmt can 'use' all the money the french have in bank, in form of more tax.... It is the french warranty, and it is enough to make loaners confident.

If loaner is confident, ECB would not need to buy your bonds.

ECB is forced to buy to support your economy, because commercial money is not available at such low (or negative) yields.

Negative bond yields kill the banks, as banks have to buy gov. bonds by regulation. Bank reserves are typically gov. bonds. If bank earns nothing on these bonds, as well as commercial loans go bad, then there is only one way - bank insolvent.

Savers will not keep money in bank if interest rate is negative.

 

[BON PLAN]

If loaner is confident, ECB would not need to buy your bonds.

ECB is forced to buy to support your economy, because commercial money is not available at such low (or negative) yields.

Negative bond yields kill the banks, as banks have to buy gov. bonds by regulation. Bank reserves are typically gov. bonds. If bank earns nothing on these bonds, as well as commercial loans go bad, then there is only one way - bank insolvent.

Savers will not keep money in bank if interest rate is negative.

ECB don't but OUR bonds. It buy all kinds of EU bonds.

 

[garg_bharat]

ECB don't but OUR bonds. It buy all kinds of EU bonds.

What do you mean? Bonds are issued by Eu countries like Germany, France etc. The bonds are denominated in Euro but are sovereign bonds. EU is not a single State.

 

[smestarz]

The thruth is Egypte firm 2 months before Modi coming in Paris. End of the story.

End of Egypt too..Good luck to them

 

[smestarz]

What do you mean? Bonds are issued by Eu countries like Germany, France etc. The bonds are denominated in Euro but are sovereign bonds. EU is not a single State.

He does not know jack abt economy, he just feels that since he put his card in ATM and gets the money, so situation is all great.. If the economy of all the European countrie was so wonderful, they could have rented entire hotels for Syrian refugees, after all they have a lot of spare money as the guy says..

 

[BON PLAN]

What do you mean? Bonds are issued by Eu countries like Germany, France etc. The bonds are denominated in Euro but are sovereign bonds. EU is not a single State.

It's what I mean. ECB buy bonds from all country in EU, not special french ones.

 

[BON PLAN]

End of Egypt too..Good luck to them

A new economical theory from you?

"All country buying Rafale will go into bankrupt".

Funny Kid you are.

 

[BON PLAN]

For some F35 lovers....


And now , the F-35 radar is the problem ...
Posted in Air Force , Industry Laurent Lagneau The 13-03-2016 Learn more about http://www.opex360.com/2016/03/13/m...u-f-35-qui-pose-probleme/#zVAP58JKlyDSawQf.99

Failures in the fusion data from different sensors, vulnerability to lightning, concern over the flight controls, ammunition store which heats at high speed ...
There are countless technical problems encountered during the development of the Joint Strike Fighter, ie the fighter said 5th generation F-35 Lightning II, launched in 2001 and led by Lockheed Martin.
And the reports are very similar. The latest, written by the office of operational test and evaluation (DOT & E) Pentagon has even questioned the ability of this device, which comes in three versions (Classic, naval and STOVL) to be fully operational on schedule. Moreover, these development problems caused by the complexity of this plane, accompanied by skyrocketing costs. And it seems that every problem causes another set in elsewhere.
Such is the case of the active antenna radar AN / APG-81, F-35, supplied by Northrop Grumman: its function is impaired by a "bug" of the operating system of the device software with over 8 million lines of code. The problem came with the 3i version of this program, meant to give the F-35 close to 90% of its operational capacity. Thus, the radar locks and the driver is obliged to turn it off and on again for it to work again.
However, Lockheed-Martin, who said he identified the cause of the bug fixes must deliver in the course of this month, which would allow the US Air Force declared initial capability of its F-35 to 'summer. "Some systems such as radar control are fundamentally worse than the previous version, which is not a good sign," said Keith Joiner, former head of the Evaluation of the F-35 in Australia, reports The Guardian. "The next version of the software will not be available before 2020. So there will be nothing other than fixing bugs in the current software by then," he noted. But Keith Joiner is very critical of the way is conducted in Australia, the development of the F-35.
In January, in a document addressed to the Australian Parliament, he had regretted the agreement given to Canberra for the start of production of devices for the Royal Australian Air Force (RAAF), while the development of this aircraft is not yet complete. "Stop being naive: this is not because something should work it will work," he shouted to parliamentarians.

 

[garg_bharat]

It's what I mean. ECB buy bonds from all country in EU, not special french ones.

I understand. You mean to say that the problem is in entire euro area, not only France.

ECB buying bonds (and commercial paper now - which is equal to giving stock market support) means that economic conditions in EU are fairly bad, probably worse than earlier episode in 2008.

A central bank should never engage in commercial lending, which ECB just did, as it started buying paper of non-financial companies.

 

[BON PLAN]

I understand. You mean to say that the problem is in entire euro area, not only France.

ECB buying bonds (and commercial paper now - which is equal to giving stock market support) means that economic conditions in EU are fairly bad, probably worse than earlier episode in 2008.

A central bank should never engage in commercial lending, which ECB just did, as it started buying paper of non-financial companies.

I think main crisis is behind us.
Euro/dollar parity is nice for export. Oil is cheap. Money loan cheap. And economy become to go slightly better and better (in France buiding market is slighly growing after 7 years of fall. It's a good indicator for France).
So i'm confident.

But remain a great deal : to reduce our debt (in France and in EU). Our Socialist governement is unable to do that. It will be a task for next one.

 

[smestarz]

A new economical theory from you?

"All country buying Rafale will go into bankrupt".

Funny Kid you are.

If you read the news about Egypt, you can see their situation,
Their economy is a mess, just a few years back they had the revolution which threw off President Mubarrak, then came Presisdent Morsi who was again overthrown.

Today the egyptian currency was devaluated.

This link is more interesting
http://www.ibtimes.com/egypt-milita...h-loan-navy-air-force-technology-amid-2335871

The Summary... The U.S. froze military sales to Egypt following a coup by Sissi in late 2013, in hopes it could pressure the country into passing democratic reforms. Last year, the White House lifted its ban on weapon sales to the country in a bid to “modernize” the military relationship between the two countries. While the U.S. and European countries have been critical of Egypt’s human rights record, the country is considered an important ally in the fight against ISIS and other extremist groups.

Anyway, when a country which has economic issues and growth seems stagnant them ordering weapons .. Seems really idiotic..
But then we know why General Sisi is doing it, because he wants to ensure that France vetos any resolution against Egypt

 

[smestarz]

A new economical theory from you?

"All country buying Rafale will go into bankrupt".

Funny Kid you are.

If you read the news about Egypt, you can see their situation,
Their economy is a mess, just a few years back they had the revolution which threw off President Mubarrak, then came Presisdent Morsi who was again overthrown.

Today the egyptian currency was devaluated.

This link is more interesting
http://www.ibtimes.com/egypt-milita...h-loan-navy-air-force-technology-amid-2335871

The Summary... The U.S. froze military sales to Egypt following a coup by Sissi in late 2013, in hopes it could pressure the country into passing democratic reforms. Last year, the White House lifted its ban on weapon sales to the country in a bid to “modernize” the military relationship between the two countries. While the U.S. and European countries have been critical of Egypt’s human rights record, the country is considered an important ally in the fight against ISIS and other extremist groups.

Anyway, when a country which has economic issues and growth seems stagnant them ordering weapons .. Seems really idiotic..
But then we know why General Sisi is doing it, because he wants to ensure that France vetos any resolution against Egypt

 

[smestarz]

http://www.theguardian.com/world/2016/mar/14/uae-reports-plane-missing-in-yemen\
Was saying a few days back that Mirage 2000i is junk and thats why UAE wants to dump it
Here is now a link to it

Two Emirati pilots have been killed after their fighter jet crashed in Yemen, where a Saudi-led coalition is battling rebels backed by Iran.

The Mirage aircraft crashed at dawn “due to a technical fault”, said a coalition statement published hours after the United Arab Emirates reported one of its jets missing without giving details.

It is the first known case of an Emirati jet from the coalition crashing since the campaign against the rebels began last March

 

[BON PLAN]

If you read the news about Egypt, you can see their situation,
Their economy is a mess, just a few years back they had the revolution which threw off President Mubarrak, then came Presisdent Morsi who was again overthrown.

Today the egyptian currency was devaluated.

This link is more interesting
http://www.ibtimes.com/egypt-milita...h-loan-navy-air-force-technology-amid-2335871

The Summary... The U.S. froze military sales to Egypt following a coup by Sissi in late 2013, in hopes it could pressure the country into passing democratic reforms. Last year, the White House lifted its ban on weapon sales to the country in a bid to “modernize” the military relationship between the two countries. While the U.S. and European countries have been critical of Egypt’s human rights record, the country is considered an important ally in the fight against ISIS and other extremist groups.

Anyway, when a country which has economic issues and growth seems stagnant them ordering weapons .. Seems really idiotic..
But then we know why General Sisi is doing it, because he wants to ensure that France vetos any resolution against Egypt

And it's why US are not so reliable, specialy in the arab world and some can be said from GB that they are found of french products.

 

[BON PLAN]

http://www.theguardian.com/world/2016/mar/14/uae-reports-plane-missing-in-yemen\
Was saying a few days back that Mirage 2000i is junk and thats why UAE wants to dump it
Here is now a link to it

Two Emirati pilots have been killed after their fighter jet crashed in Yemen, where a Saudi-led coalition is battling rebels backed by Iran.

The Mirage aircraft crashed at dawn “due to a technical fault”, said a coalition statement published hours after the United Arab Emirates reported one of its jets missing without giving details.

It is the first known case of an Emirati jet from the coalition crashing since the campaign against the rebels began last March

OK.
The UAE F16 fleet is not full also.... at least one crashed in 2006, but during peace time training !

 

[BON PLAN]

http://www.theguardian.com/world/2016/mar/14/uae-reports-plane-missing-in-yemen\
Was saying a few days back that Mirage 2000i is junk and thats why UAE wants to dump it
Here is now a link to it

Two Emirati pilots have been killed after their fighter jet crashed in Yemen, where a Saudi-led coalition is battling rebels backed by Iran.

The Mirage aircraft crashed at dawn “due to a technical fault”, said a coalition statement published hours after the United Arab Emirates reported one of its jets missing without giving details.

It is the first known case of an Emirati jet from the coalition crashing since the campaign against the rebels began last March

The UAE lost a Mirage 2000-9D YémenPosté in the Air Force ,
Middle East Operations by Laurent Lagneau The 14-03-2016 Learn more about http://www.opex360.com/2016/03/14/l...-mirage-2000-9d-au-yemen/#C6oPtBl9lQR5X9TD.99

Engaged in the coalition led by Saudi Arabia in Yemen air force of the United Arab Emirates announced that on March 14, losing a combat aircraft without further clarification.

Later, the coalition command has indicated, through a statement issued from Riyadh that "two Emirati pilots" were martyred when their type of Mirage aircraft crashed at dawn, after a breakdown ".

UAE Air Force has 12 Mirage 2000-9D, which are actually two-seat aircraft. This is its first aircraft lost during "Operation Restore Hope", which aims to support the Yemeni President Abd Rabbo Mansour Hadi, facing the Houthi rebels, backed by Iran and allies supporters of his predecessor, Ali Abdullah Saleh.

The circumstances in which it crashed Mirage 2000-9D are unclear. A priori, the unit took part in air strikes near Aden, in southern Yemen, where a significant anti-jihadist operation is underway for three days. According to witnesses, the Apache AH-64 type attack helicopters have targeted positions held by al-Qaeda fighters in the Arabian Peninsula (AQAP) in the district of al-Mansura.

Losses incurred by the United Arab Emirates Yemen are relatively large. In September 2015, the armed forces lost 45 men at the fall of a ballistic missile at the ammunition depot of their camp, in the province of Marib.

Moreover, in total, including the Mirage 2000-9D with this, the Arab coalition lost three aircraft, including F-16 Morocco in May and another device of the same type, last December, belonging to the Air Force Bahrain.

1 x Mirage 2000 lost
2 x F16 lost.

 

[Immanuel]

For some F35 lovers....


And now , the F-35 radar is the problem ...
Posted in Air Force , Industry Laurent Lagneau The 13-03-2016 Learn more about http://www.opex360.com/2016/03/13/m...u-f-35-qui-pose-probleme/#zVAP58JKlyDSawQf.99

Failures in the fusion data from different sensors, vulnerability to lightning, concern over the flight controls, ammunition store which heats at high speed ...
There are countless technical problems encountered during the development of the Joint Strike Fighter, ie the fighter said 5th generation F-35 Lightning II, launched in 2001 and led by Lockheed Martin.
And the reports are very similar. The latest, written by the office of operational test and evaluation (DOT & E) Pentagon has even questioned the ability of this device, which comes in three versions (Classic, naval and STOVL) to be fully operational on schedule. Moreover, these development problems caused by the complexity of this plane, accompanied by skyrocketing costs. And it seems that every problem causes another set in elsewhere.
Such is the case of the active antenna radar AN / APG-81, F-35, supplied by Northrop Grumman: its function is impaired by a "bug" of the operating system of the device software with over 8 million lines of code. The problem came with the 3i version of this program, meant to give the F-35 close to 90% of its operational capacity. Thus, the radar locks and the driver is obliged to turn it off and on again for it to work again.
However, Lockheed-Martin, who said he identified the cause of the bug fixes must deliver in the course of this month, which would allow the US Air Force declared initial capability of its F-35 to 'summer. "Some systems such as radar control are fundamentally worse than the previous version, which is not a good sign," said Keith Joiner, former head of the Evaluation of the F-35 in Australia, reports The Guardian. "The next version of the software will not be available before 2020. So there will be nothing other than fixing bugs in the current software by then," he noted. But Keith Joiner is very critical of the way is conducted in Australia, the development of the F-35.
In January, in a document addressed to the Australian Parliament, he had regretted the agreement given to Canberra for the start of production of devices for the Royal Australian Air Force (RAAF), while the development of this aircraft is not yet complete. "Stop being naive: this is not because something should work it will work," he shouted to parliamentarians.

Already 2 weeks old news, fix for the radar is being deployed this month, so stop bitching, this is an aircraft still in testing, issues are normal during testing phase.