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Israel and Lebanon Agree to 10‑Day Ceasefire as Trump Announces Breakthrough

  Israel and Lebanon Reach 10‑Day Ceasefire Following Trump Announcement Israel and Lebanon have agreed to a 10‑day ceasefire set to begin at 5 p.m. EST, according to U.S. President Donald Trump, who said the truce followed “excellent conversations” with Israeli Prime Minister Benjamin Netanyahu and Lebanese President Joseph Aoun.  The ceasefire comes after more than six weeks of intense fighting between Israel and Hezbollah, the Iran‑backed armed group operating in southern Lebanon. The conflict has resulted in over 2,000 deaths in Lebanon and displaced more than a million residents, while Israel has maintained a 10‑kilometre security zone in southern Lebanon. Trump stated that both leaders agreed to begin the truce to pursue peace, adding that he plans to invite them to the White House for the first direct talks between the two countries since 1983. Lebanese officials have welcomed the ceasefire, though Hezbollah has said its adherence depends on Israel halting all attacks....
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U.S. Credit Rating Downgraded as Debt Concerns Mount

Moody’s has officially downgraded the United States’ credit rating from Aaa to Aa1, citing concerns over rising debt and growing interest costs. This marks the end of an era, as Moody’s was the last major ratings agency to maintain a triple-A rating for U.S. sovereign debt.

The downgrade follows years of fiscal deficits and political gridlock, with successive administrations failing to implement measures to curb spending and stabilize the nation’s financial outlook. Moody’s noted that federal deficits are expected to widen, reaching nearly 9% of GDP by 2035, up from 6.4% in 2024. 

The decision has sparked debate among policymakers, with some viewing it as a wake-up call for fiscal responsibility, while others criticize the move as an overreaction. The White House has pushed back against the downgrade, arguing that the U.S. economy remains resilient and that efforts to balance the budget are underway.

Despite the downgrade, Moody’s emphasized that the U.S. retains exceptional credit strengths, including the size and dynamism of its economy and the global role of the U.S. dollar. However, the agency warned that without significant policy changes, the nation’s debt burden could continue to rise, potentially impacting future economic stability.

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