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Jul 27, 2026, 11:30 AM UTC

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Italy convenes cabinet meeting to lower fuel prices with bridge decree

Italy convenes cabinet meeting to lower fuel prices with bridge decree

Italy's cabinet meets to approve a bridge decree curbing fuel prices, ahead of a broader mobile excise tax intervention funded by VAT revenues and tobacco taxes.

The Italian government convened a cabinet meeting to pass an interim decree designed to lower fuel prices, particularly diesel, ahead of peak August travel. The initial bridge measure will precede a second, broader intervention utilizing a mobile excise tax mechanism, contingent on final July value-added tax revenue figures.

Under the planned measures, the government aims to keep diesel prices below two euros per liter by applying an excise discount funded through surplus VAT revenues and a potential increase in tobacco taxes. Additionally, targeted financial assistance will be delivered through a social card for vulnerable households. Minister for European Affairs Tommaso Foti urged caution due to international market volatility, noting that "in the Gulf, every day everything can change."

Sources: Corriere della Sera, Il Messaggero, Il Sole 24 Ore.

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02
Barack Obama to address live audience in Scotland on democracy

Barack Obama to address live audience in Scotland on democracy

Former US President Barack Obama will speak at Glasgow's OVO Hydro on October 14 to discuss democracy and global leadership ahead of the US midterms.

Former US President Barack Obama is scheduled to return to Scotland for a live public appearance focused on the future of democratic governance. The event will take place on Wednesday, October 14, at Glasgow's OVO Hydro, coming less than three weeks before key United States midterm elections.

During the event, the 44th American president is anticipated to cover topics concerning America's political trajectory, international leadership, and democratic stability. The visit represents a major international engagement for Obama ahead of the upcoming voting cycle in the United States.

Sources: The Herald.

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03
Italian Senate president suggests Giorgia Meloni would make a strong president

Italian Senate president suggests Giorgia Meloni would make a strong president

Italian Senate President Ignazio La Russa praised Prime Minister Giorgia Meloni as a potential head of state, though he noted she likely does not plan to run in 2029.

Italian Senate President Ignazio La Russa has stated that Prime Minister Giorgia Meloni would be a "great good" for the nation if she were to become head of state. Speaking on the future leadership of the country, La Russa praised the prime minister's qualifications for Italy's highest constitutional office.

However, the Senate leader clarified that he does not believe Meloni currently intends to seek the presidential office in 2029. The role will become open at the end of the seven-year mandate of the current president, 85-year-old Sergio Mattarella. The remarks come amidst broader Italian political debates surrounding executive power and constitutional reforms.

Sources: Rzeczpospolita

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04
Polish prosecutors seek extradition of former justice minister Zbigniew Ziobro from US

Polish prosecutors seek extradition of former justice minister Zbigniew Ziobro from US

Polish prosecutors have reportedly requested the extradition of former Justice Minister Zbigniew Ziobro from the United States over Justice Fund allegations.

Polish prosecutors have reportedly submitted a request to extradite former Justice Minister and Prosecutor General Zbigniew Ziobro from the United States. Ziobro faces charges connected to alleged financial irregularities in the management of the state Justice Fund.

The extradition move follows a series of legal steps within Poland. A district court approved Ziobro's arrest in February, prompting an official arrest warrant after he left the country. Although prosecutors subsequently sought a European Arrest Warrant, the Warsaw Regional Court declined to issue one in July. Ziobro, who had traveled abroad prior to the initial arrest ruling, remains overseas as legal proceedings against him progress.

Sources: Rzeczpospolita

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05
Turkey's new opposition YENİ Party hangs first sign in quake-hit Hatay

Turkey's new opposition YENİ Party hangs first sign in quake-hit Hatay

Turkey's newly formed YENİ Party, led by Özgür Özel following a split from the main opposition CHP, has opened its first branch inside a container in earthquake-stricken Hatay.

Turkey’s newly established YENİ Party has unveiled its first official district headquarters sign on a container in Antakya, Hatay, a region severely devastated by the February 6 earthquakes.

The formation of the party follows a judicial decision declaring the Republican People's Party's (CHP) 38th Ordinary Congress null and void. In response to the legal ruling, party leader Özgür Özel and 90 members of parliament resigned from the CHP to establish YENİ Party, which has now assumed the position of the country's main opposition force.

Speaking on the party's rapid nationwide organizational push, Özel emphasized that while office buildings are currently being secured across Turkey, commencing operations from a temporary container in Hatay holds profound symbolic priority for the new movement.

Sources: Cumhuriyet.

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