Friday, February 26, 2010

U.K. Delays $11.4 Billion Hitachi Express-Train Order

Bloomberg News reported that Britain would delay its 7.5 billion pound contract with Hitachi. According to Bloomberg News, the British government had decided to review the contract to ensure that Britain would receive sufficient value for the money.

In reality, Britain almost certainly delayed the contract because of Japan’s conduct in the New Diplomacy. The last thing that Britain wanted was for the truth to come out. That’s why the DPJ’s investigation into the secret agreements enraged the British government to such an amazing extent. And so Britain decided to do something to retaliate. And so they threatened to revoke the rail contract from Hitachi.

Boo hoo. Sniffle. Sniffle.

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