Moody’s Ratings Upgrades Italy on Expectation of Declining Debt

President Donald Trump is advocating for a peace plan in Ukraine, drawing parallels to strategies used in Gaza, aiming to resolve the ongoing conflict between Ukraine and Russia. The plan reportedly includes significant territorial concessions from Ukraine, which has raised concerns among Ukrainian officials regarding national sovereignty.

Donald Trump's peace plan for Ukraine outlines key points regarding the ongoing conflict, including potential territorial concessions from Ukraine to Russia. The plan aims to facilitate peace negotiations and includes security guarantees. Responses from Ukraine and its European allies are anticipated as they assess the implications of the proposal.

Over 130 Gazan students who have been accepted into Canadian universities are stranded in Gaza, with some waiting over 18 months for their visas. The situation has resulted in the tragic loss of two students' lives, while others face severe risks. Canada cites security checks and evacuation difficulties as reasons for the delays, but critics point out that other nations, including the UK, Italy, Ireland, and France, have successfully evacuated their students.

A new report has revealed that Britain's response to COVID-19, under Prime Minister Boris Johnson, was marked by chaos and toxicity, contributing to over 230,000 deaths. This death toll is comparable to that of the U.S. and Italy, but higher than other Western European nations. The inquiry highlights failures in leadership and decision-making during the pandemic.

European Central Bank President Christine Lagarde stated that Europe needs to shift away from a growth model reliant on exports. This change is essential for fostering sustainable economic growth within the continent.

Total borrowing by the U.K. government for the first seven months of the fiscal year has reached £116.8 billion, exceeding projections made in March by £9.9 billion. This increase in borrowing comes as the government prepares for an upcoming budget announcement.

Japan has approved a $135 billion stimulus package aimed at supporting households facing financial difficulties, a significant concern for voters in the country. This measure is expected to bolster the economy and provide relief to those in need.

A Croatian investigative reporter has filed a legal complaint against Serbian President Aleksandar Vučić in Milan, alleging his involvement in the 'Sarajevo safari' case. This case involves claims that snipers from Italy and other countries traveled to Sarajevo during the 1990s to kill civilians during the city's siege. Milan prosecutors have initiated an investigation to identify those Italians allegedly involved in these crimes.