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UK's Strategic Move: Britain Signals Possible Support for Israel Amid Iran Conflict

The United Kingdom has hinted at potential support for Israel in its ongoing conflict with Iran, though officials emphasize that recent military deployments are primarily precautionary. British Chancellor of the Exchequer Rachel Reeves stated on Sunday that additional military jets were sent to the Middle East to protect British bases and personnel. The escalation between Israel and Iran saw fresh attacks overnight, with Israeli Prime Minister Benjamin Netanyahu warning that Iran would face intensified strikes in the coming days. Speaking to Sky News, Reeves called for de-escalation but acknowledged that Britain has previously assisted Israel in defending against missile attacks. "We have, in the past, supported Israel when there have been missiles coming in," she said, adding that the UK is deploying assets both for its own protection and potentially to support allies. Britain has played a role in defending Israel before. Last year, British aircraft intercepted Iranian drone...

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Canada's Economy Surpasses Expectations with 2.2% Growth in Q1

 

Canada's economy grew at an annualized rate of 2.2% in the first quarter of 2025, exceeding market forecasts. The growth was primarily driven by strong exports, as businesses rushed to stockpile goods ahead of anticipated tariffs. 

Despite the positive headline figure, domestic demand showed signs of weakness, with household spending slowing to 0.3%, compared to 1.2% in the previous quarter. Business investment in machinery and equipment, however, provided a boost, increasing by 5.3%

The latest GDP data comes just days before the Bank of Canada's rate decision, which could influence monetary policy moving forward. Analysts had expected a 1.7% growth rate, making the 2.2% expansion a welcome surprise

With uncertainty surrounding trade policies and consumer spending trends, economists will be watching closely to see if this momentum continues into the second quarter.

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