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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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U.S.-China Trade Talks Continue in London Amid Rare Earths Dispute

Trade negotiations between the United States and China resumed in London for a second day, with officials from both nations seeking a breakthrough on rare earth exports and broader trade tensions. The discussions follow a preliminary agreement reached in Geneva last month, which temporarily eased concerns over escalating tariffs but left unresolved issues regarding critical mineral supplies.  

China, which holds a near-monopoly on rare earth magnets essential for electric vehicle motors and other high-tech industries, imposed export restrictions in April, disrupting global supply chains. In response, the U.S. tightened controls on semiconductor exports, further straining relations between the two economic superpowers.  

Leading the U.S. delegation are Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Trade Representative Jamieson Greer, while China's team is headed by Vice Premier He Lifeng. Officials have expressed cautious optimism, with Lutnick stating that the talks are "going well" and that both sides are spending significant time together to resolve key disagreements.  

The outcome of these negotiations could have far-reaching implications for industries reliant on rare earth materials, including automotive, aerospace, and defense. Investors and manufacturers worldwide are closely monitoring developments, hoping for a resolution that stabilizes supply chains and mitigates economic uncertainty.  

Both delegations are expected to issue updates later today as discussions continue.

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