Today's Newsletter Highlights:

• Trump and Putin both blame Europe as Ukraine peace effort languishes

• Angela Rayner resigns: David Lammy becomes new deputy PM — live

• Tesla offers pay package to CEO Elon Musk that could be worth up to $1 trillion

• Best AI Tools

AI NEWS TODAY

Trump and Putin both blame Europe as Ukraine peace effort languishes

Putin Stands Firm, Trump Wavers: Ukraine Peace Hangs in the Balance

What Happened:

Putin Pushes Back Against Foreign Troops

At a European security forum, President Vladimir Putin stated that Russia would see any Western troops in Ukraine as “legitimate targets.” This shows his strong stance against foreign military presence.

Key Points:

• Europe's Security Support Begins to Take Shape

• More than 26 European nations pledged military support—land, air, and sea—for peacekeeping in postwar Ukraine.

• Ukrainian President Zelensky stressed the importance of activating security guarantees now, not only after the conflict.

• Trump’s Inaction Draws Criticism

• Critics say President Donald Trump has not provided enough deterrence. He issued a two-week warning to Russia after the Anchorage summit but took little action, harming U.S. credibility.

• Senator Jeanne Shaheen criticized Trump for allowing Putin to “walk all over him again.” She urged Congress to pass the bipartisan Sanctioning Russia Act of 2025 to increase pressure on Moscow.

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Angela Rayner resigns: David Lammy becomes new deputy PM — live

Key Points:

• 
  Angela Rayner has stepped down from her roles as Deputy Prime Minister, Deputy Leader of the Labour Party, and Housing Secretary. This follows an ethics investigation. The probe revealed she underpaid £40,000 in stamp duty on a property, breaching the ministerial code. She acknowledged the mistake and claimed she acted in good faith.

• In response, Prime Minister Keir Starmer carried out a major cabinet reshuffle. David Lammy is now the Deputy Prime Minister and Justice Secretary. Yvette Cooper is now Foreign Secretary. Shabana Mahmood takes on the Home Secretary role. There were also several other ministerial changes.

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Tesla offers pay package to CEO Elon Musk that could be worth up to $1 trillion

Tesla's board has suggested a unique compensation plan. It could give CEO Elon Musk up to 12% of the company's stock. This could be worth $1 trillion if Tesla meets impressive targets in the next 10 years. These include:

Key points :

• Increasing Tesla's market value from ~$1 trillion to around $8.5 trillion

• Delivering 20 million vehicles annually

• Deploying 1 million robotaxis and 1 million humanoid robots

• Achieving $400 billion in adjusted EBITDA

• Creating a succession plan

• Musk must remain with the company through this performance period

• The plan aligns all compensation strictly with performance—no salary or cash bonuses. A shareholder vote is expected in November.

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