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On a quiet bend of Selwyn Street in Sydney’s affluent Paddington, two run-down homes stand as stark symbols of Australia’s escalating housing crisis.

Italy retained hope of returning to a credit rating level it last held before the pandemic, as Morningstar DBRS kept a positive outlook on its debt.

A group of Venezuelan men asked the US Supreme Court to block their imminent deportation, saying the Trump administration was preparing to send them to a notorious prison in El Salvador without the required chance for judicial review.

The Trump administration is preparing to deport potentially hundreds of alleged Venezuelan gang members without giving them the chance for judicial review required by the Supreme Court, lawyers representing detainees said in a court filing Friday.

The US is prepared to recognize Russian control of the Ukrainian region of Crimea as part of a broader peace agreement between Moscow and Kyiv, according to people familiar with the matter.

Greece’s credit rating was raised by S&P Global Ratings, the third upgrade in just over a month as credit assessors continue to welcome the country’s economic turnaround and improved debt outlook.

Treasury Secretary Scott Bessent appointed his deputy, Michael Faulkender, as the next acting commissioner of the Internal Revenue Service after reports the current leader of the agency, Gary Shapley, had been installed at the urging of Elon Musk without Bessent’s knowledge.

Trump administration kicks off plan for expanded offshore drilling