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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. Job Growth Slows Amid Tariff Uncertainty, Unemployment Holds Steady

The U.S. labor market showed signs of cooling in May as businesses grappled with ongoing tariff uncertainty. According to the latest report from the Labor Department, nonfarm payrolls increased by 139,000 jobs, marking a slowdown from previous months. The unemployment rate remained unchanged at 4.2%, but a significant number of workers—625,000—dropped out of the labor force, reflecting waning confidence in job prospects.

Economists attribute the sluggish job growth to uncertainty surrounding President Trump's fluctuating tariff policies, which have made long-term planning difficult for businesses. The healthcare sector led job gains, adding 62,000 positions, while leisure and hospitality saw an increase of 48,000 jobs. However, manufacturing and retail sectors experienced job losses, with 8,000 fewer positions in machinery production.

Despite the slowdown, wage growth remained solid, with average hourly earnings rising by 0.4%, double the increase seen in April. This could provide some stability to the economy and influence the Federal Reserve’s decision on interest rates in the coming months.

As businesses navigate the uncertain trade landscape, economists warn that prolonged tariff instability could further dampen hiring trends. The coming months will be crucial in determining whether the labor market can maintain resilience amid economic headwinds.

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