Someone explain 600 million to connect france to singapore or 2 billion for angola solar lmfao 50 million to world bank childcare no hungry kids here joe
well, first off, that's a G7 thing, and that means all of the costs will be split between the members of the G7 countries, not just America.
600 million was awarded TO a U.S. company to build the thing...the G7 council the U.S. sits on awarded 4 million extra dollars, to help developing countries have reliable phone access...
"U.S. telecommunications company SubCom (Eatontown, NJ), awarded a $600 million contract, to build the Southeast Asia–Middle East–Western Europe 6 submarine telecommunications cable that will connect Singapore to France through Egypt and the Horn of Africa. The submarine cable will stretch over 17,000 km and connect countries across the region with high-speed, reliable connectivity. The U.S. Government, including through the U.S. Department of State, Commerce’s Advocacy Center, EXIM, and the U.S. Trade and Development Agency’s (USTDA) commitment of nearly $4 million in additional capacity building to support five countries using SubCom’s technology, collectively helped secure the award of the construction and deployment of the undersea fiber optic cable for SubCom."
and do you really think two U.S. companies are going to build a telecomm system in the middle east and Africa and not give the government full access to it? that is worth several million a year alone. the Chinese have been building bases all over
Africa recently....
and the 2 Billion to Angola? no...two U.S. companies signed a 2 billion dollar contract with Angola...to build them a solar power grid, which brings in at least as much as it will cost the U.S. in taxes from those two companies...good will investment in neighbors that essentially costs us nothing... the council will again split those costs...and once the thing is in place, it will support up to 1.3 billion in American imports each year...seems like a pretty good return on investment to me....
"With support from the U.S. Department of Commerce and the Export-Import Bank of the United States (EXIM), U.S. firm AfricaGlobal Schaffer (Washington, DC), in collaboration with U.S. project developer Sun Africa (Miami, FL), signed a contract with the Government of Angola to develop a $2 billion solar project in four southern Angola provinces. The project will include solar mini-grids, solar cabins with telecommunications capabilities, and home power kits. In addition to supporting up to $1.3 billion in U.S. exports, the project will help Angola meet their climate commitments, including generating 70% carbon-free power by 2025."
and do not blame Biden for any hungry kids, Biden and the democrats have tried to supply a social safety net and the republicans keep cutting the fucking cords.
https://www.pfaw.org/report/shredding-the-social-safety-net
you good now? i can explain further if you want?