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Trump Signals Iran War Deal ‘Soon’ as Strait of Hormuz Stays Open, Easing Market Fears

                                   U.S. President Donald Trump said a deal to end the Iran war could come “soon,”   President Donald Trump said a deal to end the Iran war could come “soon,” a comment that helped calm global markets as the vital Strait of Hormuz remains open to commercial shipping. The waterway, which handles roughly one‑fifth of the world’s oil supply, has been a central concern for investors since the conflict began. With tankers continuing to move through the strait, oil prices have stabilized after weeks of volatility. Analysts note that even the perception of reduced risk in the region can ease pressure on global inflation, particularly in energy‑dependent economies like Canada. For Canadian households, a more stable oil market could help limit further increases in gasoline, transportation, and food costs. Equity markets reacted cautiously but positively,...

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Italy Eyes Major Prison Reform to Combat Overcrowding

 

🇮🇹 In a bold move to address one of Europe’s most pressing incarceration issues, Italy’s Justice Ministry has announced plans to potentially release up to 10,000 inmates—roughly 15% of the country’s prison population—through alternative sentencing measures such as house arrest or probation.

The initiative targets prisoners whose convictions are final, with less than two years remaining on their sentences and no serious disciplinary infractions in the past year. Those convicted of serious crimes—including terrorism, organized crime, sexual violence, human trafficking, and kidnapping—will be excluded from the program.

Italy’s prisons currently operate at 122% capacity, making them among the most overcrowded in Europe. The situation has drawn increased scrutiny following a rise in inmate suicides and complaints about extreme summer heat in facilities lacking air conditioning.

A dedicated task force has been established to evaluate individual cases in collaboration with prison officials and parole judges. The group will meet weekly and is expected to report its progress by September.

This measured approach reflects a growing international trend toward criminal justice reform that balances public safety with human rights.

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