Tag: Costing

France Sees Wider Spreads Costing €800 Million After a Year

(Bloomberg) — France’s Finance Ministry estimates the selloff in the country’s debt after President Emmanuel Macron called snap legislative elections would cost the state around an additional €800 million ($859 million) if the higher price of borrowing persisted for a year. Most Read from Bloomberg The calculation is based on an increase in the premium […]

Marines Corps’ landing ship taking longer, costing more than planned

A key vessel Marines need to move around in a potential island shootout with China is two years behind schedule, could cost nearly triple its original estimate and the short-term fix isn’t cheap. The Navy’s landing ship medium program expects to award its design and construction contract in fiscal year 2025, two years later than […]

Lack of global schooling costing trillions, UN warns

Excluding children from school education could cost the global community around $10 trillion a year by 2030 if states do not take decisive action, the United Nations warned in a new report published on Monday. The report by the UN’s educational, scientific and cultural agency UNESCO estimates the specific costs for private individuals, states and […]

The US gave up sending Ukraine Excalibur guided artillery shells costing $100,000 because they rarely hit their target, report says

The US halted deliveries of GPS-guided Excalibur shells to Ukraine due to high failure rates. Russia had achieved success in jamming of US-supplied weapons, reports said. Classified reports revealed the Excalibur shell strike success dropped from 55% to 6% last summer. The US halted deliveries of Excalibur extended-range guided artillery shells to Ukraine after Kyiv […]