Advertisement
UK markets close in 2 hours 31 minutes
  • FTSE 100

    8,037.29
    +13.42 (+0.17%)
     
  • FTSE 250

    19,698.81
    +99.42 (+0.51%)
     
  • AIM

    753.25
    +4.07 (+0.54%)
     
  • GBP/EUR

    1.1611
    +0.0022 (+0.19%)
     
  • GBP/USD

    1.2392
    +0.0042 (+0.34%)
     
  • Bitcoin GBP

    53,352.17
    +122.61 (+0.23%)
     
  • CMC Crypto 200

    1,420.27
    +5.51 (+0.39%)
     
  • S&P 500

    5,010.60
    +43.37 (+0.87%)
     
  • DOW

    38,239.98
    +253.58 (+0.67%)
     
  • CRUDE OIL

    80.96
    -0.94 (-1.15%)
     
  • GOLD FUTURES

    2,323.40
    -23.00 (-0.98%)
     
  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     
  • HANG SENG

    16,828.93
    +317.24 (+1.92%)
     
  • DAX

    18,055.51
    +194.71 (+1.09%)
     
  • CAC 40

    8,078.33
    +37.97 (+0.47%)
     

Macron to restore envoy to U.S. after submarine spat

Following last week's sudden and stunning rift over a global arms deal, France and the U.S. are working to restore normal relations.

The office of French President Emmanuel Macron said on Wednesday he would send his ambassador back to Washington after a phone call with U.S. President Joe Biden.

The French cried foul last week after news broke that the U.S. and U.K. had secretly negotiated a deal to sell nuclear submarines to Australia.

As a result, Australia nixed a $40 billion deal to buy warships from France.

In dramatic fashion, Macron recalled his envoys from Washington and Canberra.

The episode marked a rare diplomatic rebuke between close military allies.

ADVERTISEMENT

Not all saw the French outcry as proportionate.

On Wednesday UK Prime Minister Boris Johnson told his French counterparts - in French - to "get a grip," and "give me a break.""

"I just think it's time for some of our dearest friends around the world to "prenez un grip" about all this, donnez-moi un break because this is fundamentally a great step forward for global security."

Following Wednesday's phone call between Macron and Biden, the French president's office said the leaders agreed to launch in-depth consultations to rebuild trust.

The White House on Wednesday said Macron and Biden will meet in Europe at the end of October.