Write a Project Status Update Email for Stakeholders

Act as a project communications specialist. I need to send a weekly status update email for [PROJECT_NAME] to [STAKEHOLDER_GROUP]. Current status: [STATUS_RAG] (Red/Amber/Green). Key updates this week: [KEY_UPDATES]. Issues or risks: [ISSUES_AND_RISKS]. Next week's priorities: [NEXT_PRIORITIES]. Write a structured status update email that is scannable in under 60 seconds, leads with the status and headline news, uses a consistent format stakeholders can rely on week to week, and flags risks clearly without causing unnecessary alarm.