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European industry may lose to American firms that receive state aid, the news outlet reports The EU is developing a major subsidy push to prevent European companies from being wiped out by US rivals that are receiving government aid, Politico reported on Tuesday, citing sources.

A large-scale conflict is in nobody’s interests, but an Israeli retaliation to Iran is bound to happen. The question is, what will it be? From the night of Saturday, April 13, Iran directly attacked Israel from its territory for the first time using drones and missiles. In many Israeli cities, air-raid sirens sounded, and explosions…