Israel, Iran
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The FTSE 100 faces a stern test of its new high levels this week, with Israel-Iran tensions still running high and investors not so far hedging their bets either way, as the UK government warns against travel to the region.
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The well-known University of Pennsylvania economist Jeremy Siegel said the market reaction to Israel strike had been tellingly mild and would have been much worse a decade ago. "Iran is much weaker.