China’s rare-earth export curbs strain magnet makers despite geopolitical leverage
China’s export restrictions on rare earths have bolstered its geopolitical hand but triggered steep losses and production cuts for its magnet manufa...
Federal charges against Luigi Mangione, accused of killing UnitedHealthcare executive Brian Thompson, could lead to the death penalty, adding to New York's state murder indictment.
Luigi Mangione, the suspect indicted on murder charges in the shooting of UnitedHealthcare executive Brian Thompson, will now face federal charges that could attract the death penalty, the New York Times reported late on Wednesday.
It was not immediately clear what charges the suspect would face in the federal case but they will be in addition to the New York state murder indictment, the report added, citing people familiar with the matter.
Federal charges would potentially allow prosecutors to pursue the death penalty, which has been outlawed in New York for decades, it said.
The U.S. Department Of Justice did not immediately respond to request for comment.
In the state case against him, Mangione, 26, has been indictedon 11 counts, including first-degree murder and murder as a crime of terrorism.
He would face a mandatory sentence of life in prison without the possibility of parole if convicted on all of those counts.
Ivy League-educated Mangione was charged with murder on Dec. 9 for the killing of Thompson outside a Manhattan hotel before a company conference, following a five-day manhunt.
The killing of Thompson has ignited an outpouring of anger from Americans struggling to receive and pay for medical care.
Mangione suffered from chronic back pain that affected his daily life, according to friends and social media posts, though it is unclear whether his own health played a role in the shooting.
Australian researchers have pioneered a low-cost and scalable plasma-based method to produce ammonia gas directly from air, offering a green alternative to the traditional fossil fuel-dependent Haber-Bosch process.
A magnitude 5.5 earthquake struck off Japan’s Tokara Islands on Wednesday, with no tsunami warning issued but residents advised to remain vigilant.
The United States has rescinded licensing restrictions on ethane exports to China, allowing shipments to resume after a temporary halt and signalling progress in efforts to ease recent trade tensions.
Italy plans to grant approximately 500,000 work visas to non-EU nationals between 2026 and 2028, as announced in a cabinet statement. The initiative aims to address labor shortages by expanding legal immigration pathways
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
China has warned Myanmar's Kachin rebels it will block rare-earth imports from their territory unless they halt an offensive on a key junta stronghold, raising fears over the global supply of critical minerals.
China has consolidated its rare-earth sector into two state-owned giants, tightened export quotas, and introduced new supply-chain tracking systems as part of a sweeping push to reinforce its global dominance in critical mineral processing.
Beijing has warned the Trump administration against restoring steep U.S. tariffs next month and signalled it will retaliate against countries that cut China out of supply chains through bilateral deals with Washington.
China’s export restrictions on rare earths have bolstered its geopolitical hand but triggered steep losses and production cuts for its magnet manufacturers, already hit by weak domestic demand and shrinking overseas sales.
A planned 10% U.S. tariff targeting BRICS nations will be triggered only if they adopt policies deemed "anti-American", a source close to the Trump administration said, amid trade talks and denials from bloc members.
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