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UK banks’ exposure to Irish lenders above £ 139 billion

Thursday, November 18th 2010 - 18:51 UTC
Full article 30 comments

Ireland's banking problems are likely to have a direct effect on the United Kingdom's battered institutions. According to the Bank of International Settlements, UK banks have a total exposure to Irish lenders of 222 billion US dollars (£139bn). Read full article

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  • xbarilox

    Royal wedding will save UK's economy.

    Nov 18th, 2010 - 07:01 pm - Link - Report abuse 0
  • Zethee

    Not in these numbers, the wedding will only makes us about 500 million.

    Nov 18th, 2010 - 07:15 pm - Link - Report abuse 0
  • Typhoon

    Not to worry, when the EU has collapsed, the UK will have billions to spare.

    Nov 18th, 2010 - 09:16 pm - Link - Report abuse 0
  • Zethee

    Typhoon, Although i share a lot of your views with the EU. I don't think it's going to collapse.

    I think what'll end up happening is a europe without the UK, because we just don't want much to do with it.

    Either way it will still have two or three of the worlds largest economys supporting it.

    Nov 18th, 2010 - 11:53 pm - Link - Report abuse 0
  • NicoDin

    “I think what'll end up happening is a europe without the UK, because we just don't want much to do with it.”

    That’s good “Europe without UK” don’t you have a distorted view of yourself guys?

    Its a Europe without you mate. You have been begging to be included into the Union as France always opposed to your inclusion.

    The childish Islander mentality, what do you want to rule EU?

    You have not the power even to be taking into account mate, Germany, France and Italy rule Europe from Brussels and UKI is just a province.

    That are the facts and you are welcome to leave ASAP.

    Nov 19th, 2010 - 11:41 am - Link - Report abuse 0
  • Zethee

    Nico, do you evem know what the hell you are even saying? That whole post made no sence.

    First, whats distorted about an oppinion that the UK might eventually leave the EU(Almost a certantly if it trys to become a single state), the public would never allow it and by law now it would require a referendum.

    “You have been begging to be included into the Union as France always opposed to your inclusion.”

    Try reading a bit Nico, you won't look so stupid in future. The UK was asked to join at it's creation, but refused. The US asked us to join but Charles de Gaulle did oppose us, he did not like us for many reasons. After he left office there were no more objections and we joined.

    “The childish Islander mentality, what do you want to rule EU?”

    ...? What, i just said we might LEAVE the EU, and you reply with we want to rule it..?

    None of the people who have even posted on here are islanders.

    “You have not the power even to be taking into account mate, Germany, France and Italy rule Europe from Brussels and UKI is just a province.”

    Google EU Big three. I think you'll find it's UK France and Germany.

    Nov 19th, 2010 - 04:21 pm - Link - Report abuse 0
  • NicoDin

    @Zethe,

    You live in a fantasy land mate the importance showed in Brits media doesn’t show reality.

    The big 3 are Germany, France and Italy they are the political power and you are talking about GDPs.

    Italy has much power and influence than UK they were part from the beginning and mentors of the reconstruction of the New Roman Empire.

    Or what do you think it’s the EU all about?

    Britain in EU is seeing as a stone in the shoe by Germans, French and Italians.

    And Europeans don’t trust Brits as always have ambiguous behavior on that its the superior interest specially with your “Special relationship with US”.

    And I refer to islander mentality to you not the FI as you live in an Island mate, Britains is an Island if you have noted that.

    So your choices are not different from the Islander in FI.

    Continue to be nobody and the dog of US or to become a province into EU with some limited say.

    My reference to rule EU its because Brits seem to see themselves as so important and if something contradicts their islander mentality like child turn to Isolation.

    Well EU cans easily without UK you should start to think what would you do without EU.

    The Answer its quite simple a dog of US as its the roll to play in this game.

    Nov 20th, 2010 - 12:56 am - Link - Report abuse 0
  • Zethee

    It's a funny topic you mention really, claiming that italy is one of the big three, when italy(and portugal) has been complaining for years they they arent being involved in the top level discussions that go on between the big three in europe(Uk, France, Germany).

    I suppose you are right, even over the italians themselves.

    Nov 20th, 2010 - 03:29 am - Link - Report abuse 0
  • zethe

    You could also ask the italians how they feel about it themselves at the next Berlin summit.

    Nov 20th, 2010 - 03:39 am - Link - Report abuse 0
  • xbarilox

    Zethee and zethe ???? Interesting. Fake lol

    Nov 20th, 2010 - 07:08 am - Link - Report abuse 0
  • NicoDin

    @Zethe&Zethee

    Thank to them you could joy the EU as they were your participators mate.

    http://www.eduvinet.de/eduvinet/it005.htm

    “Italy defended the super-natural attitude of Rome Treaty against gaullist project;

    * it patronized United Kingdom joining the Community;
    * it defended the contents of treaties during the institutional crisis;
     it contributed to reach the agreement of Luxemburg (1966), marking the degree of community-integration.”

    Italy shaping European Union
    http://www.eduvinet.de/eduvinet/it005.htm

    Well this discussion can be forever the fact its that The unify Europe “lets say the former Roman Empire” That French try to build (Napoleon) and later Germans (Nazi Germany) and the help of the Italians by force that later became true trough politics and peace.

    On the other hand Britain never felt commitment in political terms to EU else was just economic opportunity to gain access to flourish market. Even more Brits never consider them self as a part of Europe like FI as part of Argentina (same mentality).

    So to don’t make this longer may question is:

    What do you think will Britain do in a world of trading blocks?
    Imagine UK (a medium size country) out of EU in Isolation.
    You dependency of EU is so much than even really on the French to have a carrier in case we desire to make another party in FI.

    Can you see how restricted its your independence now?
    No Eurofighters, no carriers, no trade, not space program, etc.

    Well I guess that you could have go trade and export to FI after all.

    Think and the exist

    Nov 20th, 2010 - 11:51 am - Link - Report abuse 0
  • Zethee

    Your history is true nico. But it doesn't change the fact that the Eu big three and UK, France and Germany.

    Spain and italy have been complaining about it for years.

    Your point was stupid and not even remotly true, which is obvious because once again when you are proven wrong rather than try to back your points up with fact and evidence you change the subject.

    “You dependency of EU is so much than even really on the French to have a carrier in case we desire to make another party in FI.”

    It's co-operation nico, not relying or borrowing there carrier. They need want and need it as much as we do.

    ”Imagine UK (a medium size country) out of EU in Isolation.“
    If we was to leave the EU, which i actually think wouldn't be good for the economy we could still keep our free trade agreements.

    I don't personally wish to leave the EU unless or untill it plans on becoming a single state, at that point i think it's time to leave, untill then im happy with the current arrangment.

    ”Can you see how restricted its your independence now?
    No Eurofighters, no carriers”

    Quite wrong actually, the dependancy on the french carrier is only for 10 years, which is not much in the scale of things.

    And you are overwhelmingly wrong with the Eurofighter. It's a british design from the start(BAE systems designed it from scratch) with european help developing the jet. Much like the new JSF the Americans are making, US Design with foreign help.

    If we left the EU we would still have both carriers and eurofighters.

    Nov 20th, 2010 - 03:41 pm - Link - Report abuse 0
  • xbarilox

    http://www.bloomberg.com/news/2010-11-20/irish-corporate-tax-rate-increase-isn-t-a-condition-for-aid-sarkozy-says.html

    Nov 20th, 2010 - 11:11 pm - Link - Report abuse 0
  • NicoDin

    @Zethe

    Since when complain=not power you complain all the time over the EU and you are keeping saying that UK is one of the Big Free.
    Italy has more political power than UK in the EU. They were there from the beginning.
    Examples they pushed to introduce Agri-policy you were against it still its there, The Euro you didn't want it but its there you were ignored. The social chapter, etc, etc. So Germany France and Italy you wanted or not its the core of the EU.

    The Eurofighter was base on the TKF-90 concept German design from where other countries involved could adapt to is requirements. Italy (Aeritalia), Spain, Germany and UK (Bae).

    France (Dessault) pulled out from the project and ended making Rafaele. Spain also step down but later returned to the project.

    The Bae designs where rejected by RAF from the beginning as was a copy past of the American fighters Hornet.

    “The UK had identified a requirement for a new fighter as early as 1971. A specification, AST 403, issued by the Air Staff in 1972, resulted in a conventional “tailed” design known as P.96, which was presented in the late 1970s. While the design would have met the Air Staff's requirements, the UK air industry had reservations as it appeared to be very similar to the McDonnell Douglas F/A-18 Hornet, which was then well advanced in its development. The design had little potential for future growth, and when it entered production it would secure few exports in a market in which the Hornet would be well established.[7] Simultaneously, by 1979 the West German requirement for a new fighter had led to the development of the TKF-90 concept.”

    TKF-90 also was the base of Dornier’s similar project for Argentina who FMA (Fuerza Aérea Argentina Fabrica Militar de Aviones) designed the SAIA 90 in the ’80 see the picture of the model here.

    http://en.wikipedia.org/wiki/FMA_SAIA_90

    All these designs came from the same concept German Jet fighter

    Eurofighter its not a Brit design else German mate.

    Nov 21st, 2010 - 03:06 pm - Link - Report abuse 0
  • Zethee

    “EU's big three launch Berlin summit.

    The leaders of Britain, France and Germany on Wednesday held a three-way summit they said was aimed at transforming the European economy and hit out at critics accusing them of forming a dominant elite.
    ...
    At the same time, the talks have been hit by a barrage of criticism from EU countries not invited to join, such as Austria, Italy and Spain, who accuse the Berlin participants of seeking to create an EU ”directorate“. ”

    I know you hate the UK, but sometimes, quite often. You're just wrong.

    As with the eurofighter, perhaps you should read the whole text before copy pasting it. I like how one country can help develop a plain, and suddenly it's completely nothing to do with our country.

    TKF-90 was originally accepted. Later the Germans pulled funding for the project which left BAE systems the only company working on the project with BAE funding 50% of the project and the MOD funding the other half.

    TKF-90 was not the model used for the final production of the Eurofighter. The ACTUAL EF was based on the BAe P.110, Then developed into EAP which was suppost to be a multi government project but again, other nations did not pay or help in the design process.

    The final design of the eurofighter is based off the BAe EAP which flew firts on 6 August 1986.

    Production is shared between multiple companys.

    So nico, the Eurofighter is most defenantly a british design, from start to finish. Even if it were not, bing out of the EU would not stop us from producing them.

    Nov 21st, 2010 - 07:27 pm - Link - Report abuse 0
  • NicoDin

    @Zethee

    I don’t hate UK the problem with you its that you like to make critics over others as you own the revealed truth but you don’t like other people critics.

    You have a view of yourself (as a nation) distorted mate, perfection even not fit your self make up image constructed trough lies and propaganda.

    Get out of your little world and see how insignificant its Britain today.

    And here an example of how you distorted the reality and facts to construct your reality.

    On Canning speech “William Hague says”

    “We export over three times more to Ireland than we do to the whole of Latin America – a region of 576 million people and 20 sovereign republics.” Emphasizing the decline of Britain in the world.
    http://www.fco.gov.uk/en/news/latest-news/?view=Speech&id=25092682

    Now what printed the Guardian http://www.fco.gov.uk/en/news/latest-news/?view=Speech&id=25092682
    “Hague added that Britain had to catch up because emerging economies would be up to 50% larger than those of the current G7 by 2050. “Yet the latest figures show we export more to Ireland than we do to India, China and Russia put together,” he said.”

    So you have double speech one for domestic consumption at home and other what fit to the reality of the world. By saying India, China and Russia (who everyone recognizes as powerful countries in the BRICK) seems less worse your decline that saying Ecuador, Colombia and Bolivia (for British false superiority). What in fact was the speech about lets say Latam.

    Other “Hague was also critical British officials ... in EU institutions. Britain represents 12% of the EU population but accounts for just 1.8% of staff at entry-level policy grades in the European commission” I add because Germans, French, Italians, etc have more influence on the making affairs.

    Whose comply? http://www.fco.gov.uk/en/news/latest-news/?view=Speech&id=25092682

    BTW Eurofighter its a German design not Brit and the BAe P.110 its a version of the TKF-90.

    Nov 22nd, 2010 - 07:57 am - Link - Report abuse 0
  • Zethee

    “BTW Eurofighter its a German design not Brit and the BAe P.110 its a version of the TKF-90.”

    No it wasn't. The BAE p.110 was the aircraft that BAE announced it would build as a private venture should an international effort fail to emerge from the then current discussions, this design eventually morphed into the EAP which BAE did build and fly in 1986, becoming the first such all British supersonic fighter prototype to fly since the Lighning.

    The TFK-90 funding fell through several times so BAE and the MOD funded the project 50/50.

    It was launched as a UK only research aircraft in the hope that Germany would fund a second example, but they did not fund the project. Another British version of the aircraft tailored exactly to the RAF's needs was always kept in reserve should the unthinkable happen, this was called the P.120 and ironically the final Typhoon design that we know today looks exactly like it in almost every detail.

    You are wrong.

    None of your above links prove that the UK is not one of the big three, as you first stated.

    You are wrong.

    Nov 24th, 2010 - 12:33 pm - Link - Report abuse 0
  • NicoDin

    @Zethe

    The Eurofighter its a copy past of the TFK-90 design concept. Funding, participation in a project, etc. doesn’t mean the intellectual capacity to design anything.

    So let’s get rights, as I said before the Bae 1st design where reject by RAF as was similar to the American Hornet.

    Then BAe presented another design “P.106B” what was another copy past of other European Fighter The Swedish SAAB JAS 39 Gripen, that Swedish opt to design instead to buy F16, etc.

    Then Germans came with the Messerschmitt-Boelkow-Blohm new concept for air superiority fighter based on studies in the Vietnam war for LuftWaffe. Know as Taktisches Kampfflugzeur 1990 AKA TKF-90.

    Then as the lack of founds, MBB company accept to open the project to BAE in exchange of funds and also with collaboration of the Italians and later the Spanish as French pull out to build Rafaele.
    And there is the whole story and was born The ECA resembled the MBB TKF-90 design.

    Britain (Brits merely for exports) and Spain wanted a multi role jet fighter while Germans and Italians only were interested in an air-superiority jet fighter. So as they need the funds they accepted suggestion based on the German design to be implemented by the other participants like BAe.

    So say that EF its a British design its like to say that was a Spanish design and what not to say that NASA is and Argentinean concept too after all the chief of JPL project is Argentinean.

    So stop dreaming the day you can design anything comparable to German superior engineering that would be the day that Argentina will rule the world and you will be working for Us. Haha

    UK its not in the 3 bigs league only its related to GDP as I said before Italians have more influence in the EU. The Spanish have took over your financial sector, German over your industrial sector.

    Where its your power mate?

    Nov 25th, 2010 - 12:57 am - Link - Report abuse 0
  • Zethee

    Dear god, it's like trying to talk to a mentally impaired house brick.

    History of the typhoon, with pics:

    1- The three national designs at the time of the first ECA collaborative talks in July 1979:
    http://tinypic.com/67877r
    (this is where the french split off from the project, and created there own aircraft)

    Rival Dornier design to TKF-90
    http://tinypic.com/67877r

    3- Funding is pulled from the TFK-90 and the british reject the p.110. BAE designs a few “go it alone” aircraft:
    http://tinypic.com/67877r
    All of which bare some resemblance to the Eurofighter.

    4. p.106 is dropped, the p.110 is designed and also rejected.
    http://tinypic.com/67877r

    5. To try and lure in the German and italian governments the p.110 is re designed into the ACA, looking almost identicle to the p.110 apart from the air intakes. The project fails and the british government and BAE systems fund the project:
    http://tinypic.com/67877r
    (Looking more and more like the typhoon, no?)

    The ACA(Or EFA) is built:
    http://tinypic.com/67877r
    http://tinypic.com/67877r

    7. ACA based 'EAP' demonstrator designed by BAe and built and flown at Warton in 1986. :
    http://tinypic.com/67877r

    When the EAP program had started, the cost was supposed to be equally shared by both government and industry, but the West German and Italian government wavered on the agreement. The Eurofighter bears a strong resemblance to the EAP. Design work continued over the next five years using data from the EAP.

    You are wrong.

    Nov 25th, 2010 - 03:10 pm - Link - Report abuse 0
  • zethe

    Anyone who clicks on these pictures can clearly see the evolution of the eurofighter, all funded and built by british BAE systems. It's obvious to even an idiot.
    http://tinypic.com/67877r
    http://tinypic.com/67877r
    http://tinypic.com/67877r
    http://tinypic.com/67877r
    http://tinypic.com/67877r
    http://tinypic.com/67877r

    Nicodin would rather have me believe the evolution of the eurofighter went from this:
    tinypic.com/6787ma
    To this:
    tinypic.com/678ahy

    With no german funding or help, and yet is still a german created fighter jet.

    Nov 25th, 2010 - 03:17 pm - Link - Report abuse 0
  • Zethee

    Another note would be that BAE was jointly developing the Gripen, and now 35% of export Gripens are now built at BAE Brough.

    Anyway, the point was, and is:

    That it was a joint venture, but it was mainly the British to did all the work creating the jet. And if we left the EU we would still have our eurofighters.

    Nov 25th, 2010 - 07:46 pm - Link - Report abuse 0
  • NicoDin

    @Zethe,

    That its not true the Design concept was German and from that (TKF-90) the project started as a multinational project. Italy and Spain share the project as well that Britain.

    You affirmed that Eurofighter was made from scratches and was a BAE design what its not true.

    German engineering reformed to meet partners needs as Spain and Britain nothing else.

    What are you going to tell me now that Rafaele was BAE design too?
    This kind of argument was why the French pulled out of the project.

    Nov 26th, 2010 - 12:20 am - Link - Report abuse 0
  • Zethee

    ”That its not true the Design concept was German and from that (TKF-90) the project started as a multinational project. Italy and Spain share the project as well that Britain.”

    So you've actually not read a word i've posted? I've given you all the info, it's there for you to read with proof. It's on the eurofighter wiki.

    You clearly are blinded with your hate for the UK and are unable to to even reply with intelligent answers, all you do is reply with the same message with no information to back it up.

    I have concluded that you are an idiot, and will leave you to it.

    Nov 26th, 2010 - 01:36 pm - Link - Report abuse 0
  • NicoDin

    @Zethe

    Do you have any understanding problem?

    All the designs were based on TFK-90 concept the EPA was to see if the concept was viable to work.
    The company responsible for the development of the project was German “Eurofighter Jagdflugzeug GmbH” in Munich.

    And don’t start to tell me about the shareholders from Britain (BAE), Itali (ALENIA), Gemany (BBH), etc.

    Because BAE also its owned by multinationals shareholders and its not British anymore.
    BAE Shareholders

    William Blair & Company (USA)
    Renaissance Investment Management (USA)
    Parametric Portfolio Associates LLC (USA)
    Low Simms Capital Management, Inc (USA)
    Mellon Capital Management Corporation (USA)
    Standard Life Investments Inc. (Canada)
    INVESCO (Italy)
    Martin Currie Investment Management Ltd (Scotland)

    You don’t have anymore Brits owned companies mate only the name all belongs to some else somewhere. Like British Telecom (Non BT), British Petroleum (Now BP), British Aerospace (Now BAE), and whatever with B.

    And for you its a British design? The only brit was the man who served the coffee as the company its pretty American for me.

    BAE only helped to finance the project and was trying to copy whatever she cans to make a fighter to sell in the market.

    BAE tries with the Hornet, then with the Swedish SAAB JAS 39 Gripen until BAE joined the TFK-90 project.

    The SAIA 90 Argie version based on TFK-90 http://en.wikipedia.org/wiki/FMA_SAIA_90
    Is the same type of example.

    Are you so dummy to don’t realise that all come from the same concept aeronautic design?

    The only ting what remains British its the external debt that you have to pay mate.

    Nov 26th, 2010 - 11:18 pm - Link - Report abuse 0
  • Zethee

    “All the designs were based on TFK-90 concept the EPA was to see if the concept was viable to work.”

    No, i've explained that on several occasions, the concept was no longer funded. It was not worked on, due to...Lack of funding! What you are arguing is that the entire 180million project was entirely created by germans, without no german input or funding, based on a “concept”. That's not how jets are built.

    “The company responsible for the development of the project was German “Eurofighter Jagdflugzeug GmbH” in Munich.”

    No....Eurofighter GmbH was not set up untill after the first(british) prototypes had been built and flew in 1986.Eurofighter GmbH was set up for fruther develop and produce the jet.

    “Because BAE also its owned by multinationals shareholders and its not British anymore.”

    Very true, like most big companys now(Although, this did not stop you from calling BP a british company)

    When this jet was created though, BAE had no american ties(a very recent development) and the development was still done in the UK, by british people. You trying to bring this up though really does show you are clutching at straws.

    “AE tries with the Hornet, then with the Swedish SAAB JAS 39 Gripen until BAE joined the TFK-90 project.”

    Dear god nico, are you THAT stupid? I've already told you. The TFK-90 and BAE concepts were developed at the SAME TIME. Bae did not work on the TFK-90, and the project WAS NOT DEVELOPED. it was axed, no funding, the government did not fund it, they had no money. You can not create a jet fighter with no funding. BAE did help develop the SAAB JAS 39 Gripen.

    And yes, the FMA does look like the TFK, nothing like the eurofighter. It's a completely different design.

    EVEN then. The basic concept of an aircraft is not “creating” a jet fighter. The airframe is a drawing of which all nations are capable of. What makes the jet is it's technology and development, which was done in the UK.

    You're wrong.

    Nov 27th, 2010 - 01:53 am - Link - Report abuse 0
  • NicoDin

    @Zethe

    You mate are like a stone hey.
    So according with you who funded with $$ a project it’s the designer?

    If British fund the project and British was the owner of the design why they need German and Italian?
    All what you say its Brit propaganda.

    So all BAE production its Scottish, American and Italian right according with the way you think because they fund the BAE company?

    Again the design was German and due lack of funds they participate the rest and even though the Germans through own EADS Germany and subsidiary owns the 46% of the company.

    Eurofighter GmbH
    From Wikipedia, the free encyclopedia
    Jump to: navigation, search

    Eurofighter Jagdflugzeug GmbH (English: Eurofighter Fighter aircraft GmbH) is a multinational company that co-ordinates the design, production and upgrade of the Eurofighter Typhoon, this includes incorporating the jet engines designed and manufactured by EuroJet Turbo GmbH.

    Founded in 1986, based and registered in Germany, the company is made up of the major aerospace companies of the four Eurofighter partner nations.

    * 46%: EADS
    o 33% EADS Deutschland GmbH (Germany)
    o 13% EADS CASA (Spain)
    * 33%: BAE Systems (United Kingdom)
    * 21%: Alenia Aeronautica (Italy)

    Eurofighter GmbH's customer is the NATO Eurofighter and Tornado Management Agency (NETMA), operating on behalf of the partner nations. This collaborative management model follows that of the Tornado programme closely. In that case Panavia Aircraft GmbH was responsible for delivering the weapon system, and the UK registered Turbo-Union Ltd. was responsible for the propulsion system.

    The company's headquarters are located on the outskirts of Munich in Germany.

    Or you (brits) are so stupid or your have the wrong information, mate.

    Can you explain me how a Brit concept design project (according with you) and funded by brits (according with you) ended up to be in the hands of Germans, Spanish and Italians?

    Nov 27th, 2010 - 02:56 am - Link - Report abuse 0
  • Zethee

    “Founded in 1986, based and registered in Germany, the company is made up of the major aerospace companies of the four Eurofighter partner nations.”

    You say this company was the one who created the Eurofighter, yes?

    The prototype was already built AND flying WHEN this company was created.

    ”Can you explain me how a Brit concept design project (according with you) and funded by brits (according with you) ended up to be in the hands of Germans, Spanish and Italians?“

    If you read back, i have explained the entire history about three times now.

    Quick recap.

    Multinational jet program is wanted: none of the nations want to ”go it alone“.
    France pulls out, they demanded leadership in the project.
    Germany pulls out, will not fund the project.
    Italy pulls out, will not fund the project.
    UK funds the project, designs and builds a few proto types.
    The UK still does not want to ”go it alone“ so created the EAP to lure germany and italy back in, in the end it works.

    Production is shared.

    ”So according with you who funded with $$ a project it’s the designer? ”

    Yes, if a nation funds designs and builds a jet fighter, it can be accredited with the creation of said jet fighter.

    The only thing you cant get your head over is the fact that at the start of the project(not even the project, a full three projects before) that the german airframe was accepted.

    And that is true, but after funding was pulled(as it says EVERYWHERE) we settled on a new airframe, built and designed the plane.

    It was not untill 1986 that italy or germany started to get involved in the development in the project, by which time we already had a working, FLYING aircraft.

    ”funded by brits (according with you)”

    Are you denying this? Can you show me some proof please? or are you, as usual..talking out of your arse?

    It even says on the wiki that the entire 180 million pound project was paid 50%/50% by BAe and the UK MOD. NOONE denys this.

    Nov 27th, 2010 - 03:35 am - Link - Report abuse 0
  • NicoDin

    @Zethe

    “You say this company was the one who created the Eurofighter, yes?”

    No I say that German made the design concept TFK-90 then The Brits Italian and Spanish contribute to adapt that design to their needs forming a joint venture.
    Then they create 1986 Eurofighter Jagdflugzeug GmbH in Germany to make the EF and BAE as its today even exist because was a merge of companies.

    You said that the design was totally British from scratches made by BAE.

    Well BAE (short of BAE system inc) like this was formed the 30 of November of 1999 (and was not British anymore in the sense of ownership).

    And then you try to make your point by confusion the assembly of the EAP (testing the parts in what even the Italian Aeritalia participated) as its was the design of the whole thing British.

    Then you come out that its British because the funding and a showed that its not like this because BAE only have a 1/3 of the company and the German and Spanish 46%.

    Your p.110 has another re design concept than the actual Eurofighter aerodynamics for example the 2 vertical stabilizer (fins) in the tail. Eurofighter has only 1. The wins, etc. all was base on TFK-90.

    Eurofighter its British as it is Italian, or even Spanish. Why not?

    You consider a new type concept by adding a stabilizer wins in front copy past form Migs 31?

    http://tinypic.com/678a35

    Again Eurofighter its not a BAE or British design else you would make the project alone.

    The story says that the old British Aerospace (not BAE) was struggle to survive and with recession at home and finances problems they were desperate to joint any project to make cash and stay in business. They tried with the GEC, then with the French Dessault, and later with the German and Italian.

    Not Brit design pure propaganda.
    So if you wasted £80 million (and not £180) taxpayer money thinking it was British call the cops you were very silly.

    Nov 27th, 2010 - 09:57 am - Link - Report abuse 0
  • Zethee

    ”Well BAE (short of BAE system inc) like this was formed the 30 of November of 1999 (and was not British anymore in the sense of ownership).”

    Are you reallty that stupid Nico..? lmao...

    British Aerospace (BAe).

    ”Not Brit design pure propaganda.
    So if you wasted £80 million (and not £180)“

    By 1986, the cost of the program had reached £180 million.[17] When the EAP program had started, the cost was supposed to be equally..”
    http://en.wikipedia.org/wiki/Eurofighter_Typhoon

    You can't even get basic facts right nico, you're an idiot. And for the final time: im out.

    Just talking to you makes me feel dumber with every keystroke, it must be contagious.

    Nov 27th, 2010 - 02:27 pm - Link - Report abuse 0
  • zethe

    “British Aerospace EAP was a technology demonstrator aircraft developed as a private venture in the 1980s and which eventually formed the basis for the Eurofighter Typhoon.”

    The ACA combined several years of private venture research by BAe, costing around £25 million, with similar studies done by MBB (in the TKF-90 project) and Aeritalia. Plans were made by the three companies to produce two technology demonstrator aircraft based on ACA under the name “Experimental Aircraft Programme”.

    (Note simular studies, not based on.)

    The EAP aircraft was built within the development facility (No. 2 Hangar) at British Aerospace, Warton.

    The initial definition of what became the Eurofighter project started soon after the EAP project was initiated. Without the research from ACA and EAP, the Eurofighter would not have been possible.
    (“The ACA was very similar to the BAe P.110, having a cranked delta wing, canards and a twin tail”: http://en.wikipedia.org/wiki/Eurofighter_Typhoon)

    While the similarity between the EAP and the Eurofighter/Typhoon is striking there are some important differences; the cranked delta wings of the EAP have been replaced with a straight delta, the size of the fin has been reduced dramatically and the rectangular intake of the prototype has been replaced with a “smiling” configuration.

    http://en.wikipedia.org/wiki/Eurofighter_Typhoon)

    Read for yourself.

    Nov 27th, 2010 - 03:45 pm - Link - Report abuse 0

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