The International Atomic Energy Agency (IAEA) will soon remove nuclear material stored at a clandestine site in Syria after the Trump administration reached understandings with Syria and Israel, according to Israeli and U.S. officials.
Why it matters: The Trump administration and IAEA scrambled to reach a diplomatic agreement to secure the material and prevent an escalation involving Israel, Syria and possibly even Turkey over the sensitive site.
Cambridge Aerospace, a British air defense tech startup, raised $300 million in Series C funding at a $3.4 billion post-money valuation led by DFJ Growth.
Why it matters: Cheap drones have redefined war, as evidenced in both Ukraine and Iran, but legacy interceptor technology remains very expensive.
President Trump signaled on Sunday that he's prepared to allow economic pressure on Iran to mount — as opposed to ordering a new military offensive — even as the country continues to defy the U.S.
Why it matters: Only a week ago, Trump was on the verge of ordering a return to major combat operations. But in an interview with Axios, he did not make any new military threats.