Sunday, August 09
Britain's government said on Saturday it will create a new National Police Service, described as a "British FBI", to modernise policing and deal with terrorism, fraud, organised crime and other complex criminal activity.The new force will bring together the work of the National Crime Agency, which investigates serious organised crime such as drug smuggling and people trafficking, with other country-wide roles like counter-terrorism and national road policing.Once appointed, its chief - the National Crime Commissioner - will be the most senior officer in the country. Currently, the head of London's Metropolitan Police is Britain's highest-ranking law enforcement official.Creation of the National Police Service will form part of major police reforms the government is due
The United States is planning to inject $1.6 billion into Oklahoma-based miner USA Rare Earth and will receive a 10% stake in the company, the Financial Times reported on Saturday, citing people familiar with the matter.The government investment and a separate $1 billion private financing deal are slated to be announced on Monday, the report said.The White House and USA Rare Earth did not immediately respond to Reuters' request for comment.The government would receive 16.1 million shares in the rare earths company, along with warrants for a further 17.6 million, both priced at $17.17, the report said.Washington said in December last year it was planning more "historic deals" with the U.S. mining sector to increase domestic production of lithium, rare earths and othe
