Diesel prices have hit record highs as the tensions between the United States and Iran, along with the war between Russia and Ukraine, disrupt key oil and fuel trade routes.
On Friday, the average price for a gallon (3.79 litres) of diesel was $6.50, up from $5.61 a month earlier, according to the American Automobile Association (AAA), which tracks fuel prices daily.
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The spike has prompted the administration of US President Donald Trump and Republican lawmakers to consider restricting US diesel exports ahead of upcoming midterm elections.
A Reuters/Ipsos poll conducted in August found that 47 percent of voters said the cost of living was the single most important factor in deciding how they would vote in the midterms — more than twice the share who cited the next-most important issue, “democratic values and norms”.
A new Marist poll also found that Americans have more confidence in Democrats than Republicans to handle the economy, with 42 percent choosing Democrats compared with 34 percent for Republicans.
Amid that voter sentiment, US Energy Secretary Chris Wright said on Thursday that he was in touch with major oil refiners to gauge interest in a potential voluntary restriction on diesel exports, according to the Reuters news agency.
That followed remarks by Trump on Tuesday that he supported restricting diesel exports from the US, the world’s largest diesel exporter.
Energy analysts and industry groups have warned that an export ban could have unintended consequences, potentially pushing up fuel prices in the US and abroad.
Why are diesel prices so high?
Even though the US is the world’s largest diesel exporter, diesel is traded on a global market.
Disruptions to refineries in Russia and the Middle East have reduced the amount of fuel available worldwide, putting more pressure on US producers to fill the gap. In Russia, for example, drone attacks have damaged major refineries, forcing a cutback or halt in production.
“While US refineries are running at full tilt and higher than normal, the global gaps remain,” Rachel Ziemba, senior adjunct fellow at the Center for a New American Security, told Al Jazeera.
It comes as US diesel supplies are also shrinking. As of September 11, inventories had fallen to 107.9 million barrels, the lowest in more than four decades, according to the US Energy Information Administration.
With global supplies tightening, diesel prices have risen around the world — including in the US. Because American producers can sell their fuel into the global market, they are drawn to the soaring global prices rather than simply setting a lower price for domestic consumers.
Why is the US considering an export ban?
In Washington, DC, leaders have flirted with the idea of pushing US companies to stop or slow exporting diesel.
Republicans have been pushing for a slowdown or outright ban of exports in an effort to lower costs for consumers ahead of the pivotal midterm elections, where cost of living is becoming a critical issue.
Such a move, they hope, would reduce local diesel prices, which is significant as diesel is used in trucks to haul food and most products, Ziemba said, adding that US diesel exports are equivalent to about 40 percent of domestic consumption.
On Tuesday, Chuck Grassley, a Republican from Iowa, called on the president to put in place a temporary halt on exports.
“I encourage President Trump to put a temporary embargo on diesel exports through executive action,” Grassley said.
Republican Senator Dan Sullivan of Alaska made a similar call: “The cost of diesel is just too damn high. I’m calling for a temporary pause of American diesel exports so that we can rebuild our reserves ahead of winter,” Sullivan said in a statement on Tuesday.
In the House of Representatives, Congressman Tim Burchett of Tennessee introduced two bills that would restrict US diesel exports: One would impose a ban through January 2027, while the other would restrict exports if the national average price reaches $5 a gallon.
The administration has not made any official policy announcements, and the White House told Al Jazeera that the president is evaluating all options.
Oil and gas industry experts say that a ban could drive up prices rather than bringing them down.
“Diesel trades on a world market, just like corn. farmers don’t sell cheaper to Americans, and refiners can’t either since they buy crude at global prices. force a lower price and they’ll make less diesel. less supply means higher prices, not lower,” Patrick De Haan, head of petroleum analysis at GasBuddy, said in a post on X.
How would an export ban work?
A ban would prevent or restrict US refiners from selling diesel to buyers overseas, theoretically leaving more fuel available in the domestic market.
Analysts at Wood Mackenzie, a research and consulting firm, say that keeping more diesel stateside would ultimately fill up US storage tanks but also force refineries to cut production. That could affect other markets that rely heavily on US fuel, including Latin America and Europe, forcing them to compete with other global buyers for supplies and driving up prices for the global market.
Wood Mackenzie says China is the only major producer with enough spare refining capacity to potentially make up much of the shortfall.
“China is currently the only country with material spare refining capacity that could cover the loss of US refinery throughputs. However, China may well decide it is not in its interest to intercede,” analysts said.
Wood Mackenzie has warned that a ban could quickly fill US diesel inventories, forcing refiners to cut crude runs and potentially increasing US petrol imports.
That was also the view of an S&P Global analysis, which found that a complete ban could also mean that production would be reduced as storage capacity is filled up with unsold diesel. According to the analysis, that could lead to production cuts of as much as 750,000 barrels a day, which could put the US into being a net importer of petrol in the fourth quarter of this year.
Who would an export ban affect?
An export ban would affect US refiners and consumers, as well as countries that rely on US diesel.
“They [export bans] may provide temporary relief, but diesel is a global commodity. Treat one part of the system, and the effects travel elsewhere. Trade-offs are inevitable. Refiners are unlikely to cheer a blanket ban. Voluntary, controlled export reductions would generally be less disruptive in the short term,” Maksim Sonin, visiting scholar at Stanford University’s Precourt Institute for Energy, told Al Jazeera.
Disruptions to US exports could reduce the amount of fuel available on the global market. Wood Mackenzie analysts say countries in Europe and Latin America that rely heavily on US fuel could be forced to compete with other producers for supplies.
“If implemented, it would lead to European and Asian product prices increasing as the buyers of US fuel, mostly in Latin America, scramble to find new supplies, bidding up supplies. European crack spreads could widen, and overall we might see more disruptions,” Ziemba added.
“Given these issues, the US may opt for a mixture of carrots and sticks aiming to incentivise refineries to keep producing, perhaps including penalties if they cut production. There may be voluntary export quotas rather than a formal ban, and there may be exemptions for countries that provide crude oil to the US, like Mexico,” Ziemba said.
That could put pressure on consumers not only at the petrol pump but in the skies as well.
Airlines for America, an airline industry trade group, has also warned that an export ban could lead to higher prices for airlines and travellers, according to the Reuters news agency. The trade group did not respond to Al Jazeera’s request for comment.
The broader concern from analysts is that restricting exports could reduce US refinery production rather than simply redirecting diesel to US consumers, potentially putting upward pressure on fuel prices both domestically and internationally.
“It’s unlikely to help US consumers much given how it fails to solve underlying problems and could backfire if refineries hold on to production. The best way to address this is to end the conflicts prompting the shortages,” Ziemba said.
Meet the Fox News correspondent leading the fight for press freedom at the White House
Even Fox News, one of President Trump’s preferred media outlets, isn’t exempt from his go-to term for any woman he dislikes.
“She can be so nasty,” was how Trump recently described the conservative-leaning network’s senior White House correspondent Jacqui Heinrich.
Never one to hold back, the president has also had harsh words for her spouse, Rep. Brian Fitzpatrick of Pennsylvania, a moderate Republican congressman. “Her husband votes against me all the time,” Trump once said. “Can you imagine?”
The double-barreled attacks don’t bother Heinrich, who as president of the White House Correspondents Assn. is leading the fight against Trump’s ban on CNN, MS NOW and Politico. When Trump delivered his insult at the WHCA’s dinner in July, Heinrich just shrugged and smiled.
“You don’t get into journalism to be well liked by the subject that you’re covering,” Heinrich said in a recent phone interview. “As long as I’m doing my job, which is to get the story and tell it fairly and fully, the rest of it is not really my business to care about. It’s probably not the last time I’ll upset him. The president still takes my calls.”
Heinrich’s durability is being put to the test as she delivers the public and private messaging on the latest battle with the White House over press freedom. Trump banned the three outlets from the White House grounds due to what he believes is their constant negative coverage.
A federal judge issued a temporary restraining order to block the move, calling it viewpoint discrimination and a violation of the outlets’ 1st Amendment rights. But the administration continues to prevent CNN from serving in
the press pool that follows the president at all times. More court hearings are ahead.
Over the last 10 days, Heinrich has issued public statements condemning the ban, monitored the legal proceedings and held back channel conversations with the White House in an effort to get Trump’s decision reversed. It’s a second job on top of covering the president and co-hosting a weekend program “The Sunday Briefing.”
Executives and journalists say privately that it’s helpful to have someone from a Trump-friendly outlet lead the organization to restore the press credentials of outlets the president views as hostile. The WHCA exists to maintain and facilitate access to the White House for its 900 members across 250 news organizations.
But for Heinrich, it’s logical that 1st Amendment arguments transcend any political leanings of any media outlet. If Trump’s ban stands, conservative news organizations could find themselves facing similar restrictions the next time a Democrat is in the Oval Office.
“When you empower the president to select who is allowed to ask them questions, it shrinks the room,” Heinrich said. “It shrinks the perspective and it hands over that same authority to the next administration, who will surround themselves with only voices that approve of or are supportive or friendly toward what they’re doing.”
Eugene Daniels, a co-host at the progressive-leaning MS NOW and a former White House Correspondents Assn. president, said the organization’s members from Fox News and the further right-leaning Newsmax were always supportive of 1st Amendment and press access issues during his tenure.
“A lot of our news organizations understand intrinsically that at some point the shoe could be on the other foot,” Daniels said. “The solidarity matters.”
Daniels has also known Heinrich since the two worked together years ago at a TV station in Colorado Springs, Colo., and believes she is well-equipped to push the WHCA’s cause.
“She’s clear eyed about the role of White House correspondents in covering any president,” he said. “She is very tough and always has been since we’ve met. She stands 10 toes down when it comes to what’s right.”
Heinrich’s respect for journalistic principles has even extended to her personal life. When Fitzpatrick first asked her out on a date five years ago, he had to wait several weeks for an answer. Heinrich checked with her Fox News bosses to see if dating an elected official was a conflict even though she was no longer assigned to covering congress.
“He was very patient,” Heinrich said. The couple was married at New York’s St. Patrick’s Cathedral in June.
Heinrich is among the correspondents at Fox News — which this week will mark 30 years on the air — whose reporting doesn’t adhere to the leanings of its opinion hosts and commentators.
In 2020, Heinrich reported on Trump’s false claims of voter fraud in the election he lost to Joe Biden, while commentators, hosts and guests on the network continued to raise doubts about the results. Her reporting angered hosts such as Tucker Carlson and Sean Hannity, who were concerned that her work was alienating viewers loyal to the president.
Carlson called on Fox News Media Chief Executive Suzanne Scott to fire Heinrich in a text that came to light three years later when Dominion Voting System filed its defamation suit against the network. Dominion claimed Fox News deliberately aired false statements about the company’s role in the 2020 election, settling the suit for $787 million.
But Heinrich said she was unaware of the conversations before they were revealed in a legal brief in February 2023. (Carlson was fired from Fox News two months later.) She has been promoted twice since 2020.
“My bosses never interfered with my reporting,” she said.
Heinrich, 37, studied international affairs at George Washington University and wanted to pursue a career in the State Department before internships at MSNBC and WRC-TV in Washington led her to journalism. After working at several local TV stations she became a Fox News correspondent in New York in 2018. She covered Congress and the 2020 presidential campaign before moving to the White House beat in 2021.
Heinrich was raised in New England in what she describes as a politically diverse family. Her parents divorced when she was young, and she split her time between a conservative father in New Hampshire, a politically moderate mother in Maine and a Bernie Sanders-supporting stepfather from Vermont. She believes her upbringing was excellent training for her profession.
“It was ‘Live Free or Die’ and socialism all under two roofs but one family,” she said. “We have developed a really keen ability to listen. I think that’s one of the most important parts of journalism, is hearing and understanding someone’s perspective enough that you can describe it to someone else in a way that is fair and complete.”
Once Heinrich gets past the current conflict with the White House, she’ll have to plan the association’s annual dinner. (The event was cut short and rescheduled this year after a gunman attempted to enter the ballroom at the Washington Hilton.)
Heinrich said even with the president’s open hostility toward the press, he will be welcomed to the event in 2027.
“We have invited the president every single year for the last 115 years and that’s not going to change just because of President Trump,” Heinrich said. “We uphold laws, norms, and traditions around here and we intend to keep it that way.”
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California Proposition 42 election voter guide: Tax ban on retirement, personal savings
Proposition 42 would prohibit new taxes on “retirement holdings, individually-owned assets, and other forms of personal savings” that take effect after Jan. 1, 2026. That includes financial assets, investment accounts, intellectual property, personal belongings and other assets used for retirement or financial planning.
It also would bar retroactive taxes on past earnings unless the state is using revenue from the tax to respond to emergencies such as a fire or a flood.
Proposition 42 could nullify Proposition 40, the proposed billionaire tax, because the two measures conflict with one another. If voters approve both, the one with the most “yes” votes generally would become law, according to the Legislative Analyst’s Office.
Proposition 42 could reduce state tax revenue but it’s unclear by how much, according to the office’s analysis. Currently, the state does tax certain personal property such as vehicles. It doesn’t tax people for owning financial assets like stocks and investment accounts but does tax income from them.
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Israel’s Supreme Court overturns election panel ban on Arab parties | Israel Election 2026 News
Israel’s top court has overturned an election panel’s ban on Arab parties contesting parliamentary elections this month, saying the decision had not met the legal requirements for excluding them, according to Israeli media.
The Supreme Court justices ruled unanimously on Friday to undo the Central Elections Committee’s disqualification of the country’s two main Arab-majority political lists – Ra’am, also called the United Arab List, and the Joint List, which is an alliance of Hadash, Ta’al and Balad.
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The decision keeps Palestinian citizens of Israel, who make up about 20 percent of the population, in the race after critics accused the committee of double standards ahead of the October 27 Knesset vote.
The court also voted 7-2 to reinstate Ofer Cassif, a sitting Jewish member of the Knesset from the Arab-Jewish Hadash party and an outspoken critic of Israel’s treatment of Palestinians, media reports said.
The two dissenting justices said Cassif backs “armed struggle against the state of Israel”, which is grounds for his disqualification.
In September, the elections committee voted to disqualify the Joint List and Ra’am as parties, as well as Cassif and Sami Abu Shehadeh, head of the Balad party, as individuals.
Balad leader withdraws
The Supreme Court has nearly always overruled the committee when it votes to ban candidates.
However, at a hearing on Thursday, Supreme Court President Yitzhak Amit told Abu Shehadeh that a majority of the nine justices favoured disqualifying him from the election.
They gave him until Friday to withdraw, saying that if he did not, he would be disqualified, according to the Israeli Public Broadcasting Corporation.
Abu Shehadeh withdrew from the election after that.
National Security Minister Itamar Ben-Gvir, a far-right ally of Prime Minister Benjamin Netanyahu, led the push to bar him over an article written after the Hamas attacks on October 7, 2023. Abu Shehadeh described the attack as “an important historical event” in the piece, but denies supporting it.
Balad said in a statement that a court-ordered removal, rather than a voluntary one, would have had “grave consequences for the country’s political and parliamentary life” as it would set a precedent around the removal of Arab candidates.
Double standards
The Ra’am party made history after the 2021 election, becoming the first Arab party to join an Israeli government when it took part in a disparate coalition that briefly removed Prime Minister Benjamin Netanyahu from power. Most Palestinian citizens of Israel had stayed out of coalition politics until then.
In this election, Ra’am is also fielding a Jewish Zionist candidate for the first time, Yoav Segalovitz, who won popularity in Arab communities for his work to curb crime as deputy minister for internal security.
The election committee’s September vote drew accusations of a double standard, as Palestinian-led parties faced exclusion while parties led by far-right ministers, some of whom have been sanctioned internationally, stayed on the ballot.
Speaking to Al Jazeera on Friday, Abu Shehadeh said he withdrew because he “didn’t have any other choices”.
Although the Supreme Court has restored the Arab parties to the ballot, Abu Shehadeh said the reversal did not make the original disqualifications acceptable.
“In the end, what happened yesterday was a historical catastrophe for democracy, or the very narrow margins of democracy in the State of Israel,” he said. “I was disqualified because I think differently, because I have a different narrative on how to read history, the present, and the future in the place that we live today.”
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US pressures Europe to release diesel reserves as Trump threatens export ban
Donald Trump has said he may ask European countries to release some of their diesel reserves as he considers banning US exports of the fuel.
The US President’s comment comes after Treasury Secretary Scott Bessent urged Europe to get ready to release diesel supplies immediately, arguing that US farmers, truckers, and businesses “should not be left carrying the burden” as prices soar.
The US has threatened to restrict diesel exports after the war in Iran caused sharp price rises for US voters ahead of the midterm elections in November.
On Thursday, the UK held talks with European partners about the potential release of diesel reserves in response to any ban.
Banning exports would flood the US market with diesel, and could bring prices down significantly for American drivers.
But experts warn such a ban would put further pressure on diesel prices in other countries, unless they can access further supplies.
The US is a vital supplier of diesel to the world, exporting between 1.2 and 1.5 million barrels per day.
Over half of the UK’s diesel is imported, with 31% of the imports coming from the US.
On Thursday, Trump was asked whether he would call on European countries to release some of their own diesel reserves.
“We may do that. They have some diesel,” he said.
An earlier post from Bessent on social media said European countries should “make additional supplies immediately available”.
The president is set to travel across the US campaigning for Republicans in the coming weeks in hopes of keeping control of the House and Senate in the November’s elections.
Diesel prices in the UK hit record highs this week and are hovering just under 200p per litre, according to motoring organisation the RAC.
UK Energy Minister Martin McCluskey was on a call with European counterparts on Thursday to discuss the potential ban.
A source familiar with the discussions told the BBC it was prudent to prepare a co-ordinated response with other countries, including those across EU, but added that there were still European reserves left from a coordinated release of strategic fuel stocks earlier in the year.
“We have a diverse and resilient supply. We continue to engage with our international partners and the UK fuel industry,” a government spokesperson said.
The government has stressed that there is no cause for concern about potential diesel shortages, though prices are expected to rise further.
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U.S. removes Syria from arms export ban as Trump administration draws closer to new Syrian government
By Matthew LeeAP Diplomatic Writer
WASHINGTON — The Trump administration is removing Syria from a list of countries that are not allowed to purchase or import U.S. weaponry, a step that is part of a monthslong process of easing sanctions on the new government in Damascus and its leaders.
In a notice published Wednesday in the Federal Register, the State Department said it was amending its International Traffic in Arms Regulations, or ITAR, so that Syria no longer was among the nations subject to a policy of denial for licenses and other approvals needed for the sale of U.S. weapons and munitions.
The change effective Thursday means that arms sales requests from Syria will now be considered on a case-by-case basis.
President Donald Trump acted last year to ease economic sanctions on Syria that had been in place for decades during now-ousted President Bashar Assad’s rule. In August, Secretary of State Marco Rubio rescinded Syria’s designation as a state sponsor of terrorism, helping paving the way for the latest step in drawing closer to the current government.
The State Department has also announced plans to reopen the U.S. Embassy in Damascus. It has been closed for 14 years.
With Syria’s removal from the ITAR blacklist, only seven countries remain subject to the policy of denial for licenses for U.S. arms exports: Belarus, China, Cuba, Iran, Myanmar, North Korea and Venezuela.
Syria’s interim president, former rebel leader Ahmad al-Sharaa, overthrew the Assad government nearly two years ago and has embarked on a policy of change that has impressed the Trump administration. His moves have led to hopes of eventual stability in a country that was wracked by civil war and the Islamic State insurgency that engulfed northeast and western Iraq for years.
Wednesday’s withdrawal of U.S. forces from Iraq may mean that the Syrian government plays a greater role in preventing an IS resurgence.
Lee writes for the Associated Press.
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US ban on $1bn of Canadian goods takes effect in Trump’s latest retaliation | Business and Economy News
Trump retaliated against Canada’s counter-tariffs on $20bn worth of US imports by banning $1bn of Canadian goods.
Published On 29 Sep 202629 Sep 2026
The United States is implementing a ban on nearly $1bn in imports from Canada, including alcoholic beverages, dairy products and motorcycles.
The ban took effect early Tuesday and is likely to further strain already-tense relations between the two neighbours.
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Ottawa and Washington DC have long been allies and trade partners, with approximately $880bn worth of annual two-way trade. That relationship has been upended during US President Donald Trump’s second term as he unleashed tariffs on most trading partners, including Canada, and referred to the northern neighbour as the 51st state of the US.
Most recently, the US slapped 50 percent levies on Canadian goods worth $20bn, including dairy and motorcycles, on August 22 after trade negotiations failed. Canadian Prime Minister Mark Carney retaliated, saying Ottawa will match US tariffs “dollar for dollar in order to protect Canadian workers, farmers, families and businesses”. Canada levied tariffs of 15 percent, 25 percent and 50 percent on US exports of a similar value.
Tuesday’s ban was Trump’s punishment for Canada’s retaliatory tariffs.
“The impact of such a ban will be minor, it is only $1bn while we trade hundreds of billions with Canada,” Professor Gary Shields at Wayne State University’s School of Business told Al Jazeera. “It is, however, rather astonishing how President Trump treats our allies in Canada and Europe, while rolling out the red carpet for China’s dictator when he visited the US last week”.
“It is a tit-for-tat. It will not reduce people’s taxes and won’t put money in their pockets. It is kind of personal and a way of showing off toughness,” Shields added.
Canada’s economy grew by an estimated 0.2 percent in August after remaining unchanged in July, according to Statistics Canada. But the new US-Canada tariffs, tighter financial conditions and a shrinking population should further weaken growth in late 2026 and early 2027, Michael Davenport, senior Canada economist at Oxford Economics, said in a note provided to Al Jazeera.
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UK tries to stop Trump’s diesel export ban
The UK is in talks with US authorities over a potential stoppage of diesel exports and has started preparing for a ban, Chancellor John Healey has told BBC News.
Diesel prices in the UK reached a new high on Monday due to supply pressures springing from the US-Israel conflict with Iran and Russia’s war with Ukraine.
Fuel prices are rising globally and US President Donald Trump has threatened to ban diesel exports, stating at the weekend: “We’re thinking about it very seriously.”
Healey, who admitted that UK diesel prices are “extreme”, said the government was in discussions with the US, adding: “We’re also making the provision that we may need to and we have our own stocks in the UK.”
Speaking on the sidelines of the annual Labour Party Conference in Liverpool, Healey said: “We work very closely with the Americans.
“In the end, we’re also working with the Americans where we can try and put in place what will solve this, or at least significantly ease it, which would be a diplomatic settlement [and] an end to the fighting with Iran.”
The UK depends on the US for around a third of its diesel imports and a ban would send prices even higher.
US sources suggest that Trump is considering a ban to attempt to bring down prices for domestic consumers ahead of the critical midterm elections.
The BBC has contacted the White House for comment.
In the UK, the average price for a litre of diesel reached 199.33p on Monday, according to the RAC motoring organisation, surpassing a previous high of 199.09p in June 2022 after Russia launched its full-scale invasion of Ukraine.
Petrol prices are also still rising, with a litre currently costing 174.23p.
Over the past seven months, the Iran war has severely disrupted the production and transportation of wholesale oil across the region, causing the price of fuels made from oil to surge.
The RAC said diesel prices had entered “uncharted territory” and served as a reminder of “just how exposed the UK is to events occurring far away”.
Healey said he was “very aware” of these cost of living pressures as he prepared what he called a “breathing space” Budget on 28 October.
A freeze on fuel duty, first implemented by the Conservative government in 2022, is due to expire at the end of the year. Duty is scheduled to increase by 3p in January and a further 2p in March.
Healey said: “Fundamentally, what we need is a settlement in the Middle East. We need an easing of the pressure of costs on business, the costs on households and on ordinary families that we see at the pumps in the most extreme level today for diesel.”
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What Trump’s potential US diesel export ban could mean for you
For the US economy, a ban could deliver short-term relief at the pump by flooding the domestic market with excess supply.
However, energy analysts warn it could backfire.
David Fyfe, chief economist at Argus Media, notes that cutting off American supply would likely cause international prices to skyrocket.
That would push up global freight, food, and industrial costs, ultimately “feeding inflation back into the global economy”.
“At a stroke, the US’s reputation as a reliable supplier of energy to the world would be shot,” Fyfe added.
Removing more than a million barrels of daily American supply would trigger a fierce bidding war among importing nations in Latin America and Europe.
Sarah Raffoul, analytics manager at Argus Media, noted that while higher international prices would eventually curb demand, the immediate gap would severely strain trade relationships and accelerate global inflation.
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UK Foreign Secretary confronted by activists over Palestine Action ban | Israel-Palestine conflict
UK Foreign Secretary Ed Miliband was confronted by activists at a Pizza Express restaurant in Liverpool over the proscription of Palestine Action. Nearby, more than 50 demonstrators were arrested while protesting in support of the group outside a Labour Party conference.
Published On 28 Sep 202628 Sep 2026
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Trump said to weigh range of options for lowering diesel costs without full export ban
Trump’s administration considers measures boosting dyed diesel and pushing for state tax relief, but avoids an outright export ban; such measures aim to ease domestic diesel prices without severe supply crunches or export bans that could spike prices further.
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What would a US diesel export ban mean for global fuel prices? | Inflation News
Diesel prices have hit record highs as the tensions between the United States and Iran, along with the war between Russia and Ukraine, disrupt key oil and fuel trade routes.
On Friday, the average price for a gallon (3.79 litres) of diesel was $6.50, up from $5.61 a month earlier, according to the American Automobile Association (AAA), which tracks fuel prices daily.
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The spike has prompted the administration of US President Donald Trump and Republican lawmakers to consider restricting US diesel exports ahead of upcoming midterm elections.
A Reuters/Ipsos poll conducted in August found that 47 percent of voters said the cost of living was the single most important factor in deciding how they would vote in the midterms — more than twice the share who cited the next-most important issue, “democratic values and norms”.
A new Marist poll also found that Americans have more confidence in Democrats than Republicans to handle the economy, with 42 percent choosing Democrats compared with 34 percent for Republicans.
Amid that voter sentiment, US Energy Secretary Chris Wright said on Thursday that he was in touch with major oil refiners to gauge interest in a potential voluntary restriction on diesel exports, according to the Reuters news agency.
That followed remarks by Trump on Tuesday that he supported restricting diesel exports from the US, the world’s largest diesel exporter.
Energy analysts and industry groups have warned that an export ban could have unintended consequences, potentially pushing up fuel prices in the US and abroad.
Why are diesel prices so high?
Even though the US is the world’s largest diesel exporter, diesel is traded on a global market.
Disruptions to refineries in Russia and the Middle East have reduced the amount of fuel available worldwide, putting more pressure on US producers to fill the gap. In Russia, for example, drone attacks have damaged major refineries, forcing a cutback or halt in production.
“While US refineries are running at full tilt and higher than normal, the global gaps remain,” Rachel Ziemba, senior adjunct fellow at the Center for a New American Security, told Al Jazeera.
It comes as US diesel supplies are also shrinking. As of September 11, inventories had fallen to 107.9 million barrels, the lowest in more than four decades, according to the US Energy Information Administration.
With global supplies tightening, diesel prices have risen around the world — including in the US. Because American producers can sell their fuel into the global market, they are drawn to the soaring global prices rather than simply setting a lower price for domestic consumers.
Why is the US considering an export ban?
In Washington, DC, leaders have flirted with the idea of pushing US companies to stop or slow exporting diesel.
Republicans have been pushing for a slowdown or outright ban of exports in an effort to lower costs for consumers ahead of the pivotal midterm elections, where cost of living is becoming a critical issue.
Such a move, they hope, would reduce local diesel prices, which is significant as diesel is used in trucks to haul food and most products, Ziemba said, adding that US diesel exports are equivalent to about 40 percent of domestic consumption.
On Tuesday, Chuck Grassley, a Republican from Iowa, called on the president to put in place a temporary halt on exports.
“I encourage President Trump to put a temporary embargo on diesel exports through executive action,” Grassley said.
Republican Senator Dan Sullivan of Alaska made a similar call: “The cost of diesel is just too damn high. I’m calling for a temporary pause of American diesel exports so that we can rebuild our reserves ahead of winter,” Sullivan said in a statement on Tuesday.
In the House of Representatives, Congressman Tim Burchett of Tennessee introduced two bills that would restrict US diesel exports: One would impose a ban through January 2027, while the other would restrict exports if the national average price reaches $5 a gallon.
The administration has not made any official policy announcements, and the White House told Al Jazeera that the president is evaluating all options.
Oil and gas industry experts say that a ban could drive up prices rather than bringing them down.
“Diesel trades on a world market, just like corn. farmers don’t sell cheaper to Americans, and refiners can’t either since they buy crude at global prices. force a lower price and they’ll make less diesel. less supply means higher prices, not lower,” Patrick De Haan, head of petroleum analysis at GasBuddy, said in a post on X.
How would an export ban work?
A ban would prevent or restrict US refiners from selling diesel to buyers overseas, theoretically leaving more fuel available in the domestic market.
Analysts at Wood Mackenzie, a research and consulting firm, say that keeping more diesel stateside would ultimately fill up US storage tanks but also force refineries to cut production. That could affect other markets that rely heavily on US fuel, including Latin America and Europe, forcing them to compete with other global buyers for supplies and driving up prices for the global market.
Wood Mackenzie says China is the only major producer with enough spare refining capacity to potentially make up much of the shortfall.
“China is currently the only country with material spare refining capacity that could cover the loss of US refinery throughputs. However, China may well decide it is not in its interest to intercede,” analysts said.
Wood Mackenzie has warned that a ban could quickly fill US diesel inventories, forcing refiners to cut crude runs and potentially increasing US petrol imports.
That was also the view of an S&P Global analysis, which found that a complete ban could also mean that production would be reduced as storage capacity is filled up with unsold diesel. According to the analysis, that could lead to production cuts of as much as 750,000 barrels a day, which could put the US into being a net importer of petrol in the fourth quarter of this year.
Who would an export ban affect?
An export ban would affect US refiners and consumers, as well as countries that rely on US diesel.
“They [export bans] may provide temporary relief, but diesel is a global commodity. Treat one part of the system, and the effects travel elsewhere. Trade-offs are inevitable. Refiners are unlikely to cheer a blanket ban. Voluntary, controlled export reductions would generally be less disruptive in the short term,” Maksim Sonin, visiting scholar at Stanford University’s Precourt Institute for Energy, told Al Jazeera.
Disruptions to US exports could reduce the amount of fuel available on the global market. Wood Mackenzie analysts say countries in Europe and Latin America that rely heavily on US fuel could be forced to compete with other producers for supplies.
“If implemented, it would lead to European and Asian product prices increasing as the buyers of US fuel, mostly in Latin America, scramble to find new supplies, bidding up supplies. European crack spreads could widen, and overall we might see more disruptions,” Ziemba added.
“Given these issues, the US may opt for a mixture of carrots and sticks aiming to incentivise refineries to keep producing, perhaps including penalties if they cut production. There may be voluntary export quotas rather than a formal ban, and there may be exemptions for countries that provide crude oil to the US, like Mexico,” Ziemba said.
That could put pressure on consumers not only at the petrol pump but in the skies as well.
Airlines for America, an airline industry trade group, has also warned that an export ban could lead to higher prices for airlines and travellers, according to the Reuters news agency. The trade group did not respond to Al Jazeera’s request for comment.
The broader concern from analysts is that restricting exports could reduce US refinery production rather than simply redirecting diesel to US consumers, potentially putting upward pressure on fuel prices both domestically and internationally.
“It’s unlikely to help US consumers much given how it fails to solve underlying problems and could backfire if refineries hold on to production. The best way to address this is to end the conflicts prompting the shortages,” Ziemba said.
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Pope Leo XIV affirms need for media to cover public figures when asked about Trump ban
ABOARD THE PAPAL PLANE — Pope Leo XIV told journalists they were welcome to report on him, as he responded to the Trump administration’s attempt to bar U.S. media from the White House and affirmed the importance of journalists covering public figures.
Leo spoke to reporters Friday on his way to France for a four-day visit. Asked by a CNN reporter about the Trump administration’s attempt to bar CNN and other reporters, Leo said the media was welcome on his plane.
“I am very happy that here, you are all welcome,” he said. Good media coverage is important, he said, and equally important “that we have it all the way around, for everyone”
CNN, MS NOW and Politico were back at the White House on Thursday after a judge handed them a reprieve from President Trump’s ban, but the extraordinary showdown between him and outlets whose coverage he dislikes continued.
On a high-profile day when Chinese leader Xi Jinping was visiting Washington and attending a state dinner, no major American network was airing live coverage, and both CNN and MS NOW said their journalists were denied access to Xi’s state dinner arrival.
The American pope has long affirmed the need for free and independent press, a point he made in one of his first audiences as pope. Speaking to journalists who covered the 2025 conclave that elected him, Leo called for the release of imprisoned journalists and affirmed the “precious gift of free speech and the press.”
That said, since the COVID-19 pandemic, independent media have been prevented from covering photo opportunities inside the pope’s private studio when heads of state visit. Additionally, many of the pope’s private audiences with other groups and individuals are closed to non-Vatican press.
Leo had opposed Trump on the war
Leo’s airborne comments about Trump followed his April back-and-forth over the American president’s criticism of his opposition to the Iran war. Leo’s position won him points with some Parisans opposed to Trump’s policies who came out in droves to celebrate the first official state visit by a pope in 18 years.
“He dared, at his level, to oppose the American president,” said retiree Thierry Marien, who lined up hours early to grab a spot on the popemobile route to Notre Dame cathedral, where Leo was to celebrate vespers later Friday. “Not because he is opposed to the American president but because he’s opposed to countries where we can see there’s a risk of their political systems becoming a bit more dictatorial and there are already enough of those in the world.”
“I appreciated that he did that. He could quite easily have said to himself, ‘In my situation, I won’t criticize any heads of state,’” he said.
Leo took further distance from the Trump administration policies later Friday by making a lengthy visit to UNESCO, the U.N. cultural and educational agency, from which the U.S. has withdrawn as part of its retreat from the international organization.
Leo, who has championed multilateral diplomacy, toured the UNESCO grounds inside and out, greeted its employees and received a guided tour of some of its art collections. He then delivered a speech on the values UNESCO espouses to promote peace through culture and education.
Leo apologizes to reporters
Also on the flight Friday, Leo also apologized for missing an opportunity to speak with the press the last time he traveled internationally, when his Iberia charter broke down in Spain’s Canary Islands and he returned home solo on the king’s private jet, skipping his traditional airborne press conference.
More than 70 reporters and the Vatican delegation waited for several hours at the airport for a replacement plane to arrive. Leo addressed the media’s disappointment when he came to the back of the plane to greet reporters.
“A special mention I would like to make for those of you who were traveling with me when we returned to Rome from Spain,” he said. “I want to apologize personally for an incident, that I had nothing to do with, but which I know left a number of you unhappy with the fact that we couldn’t have the flight back together back to Rome.”
In other comments to reporters, Leo said he believed his alma mater Villanova would be the fan favorite when the Augustinian university plays the Catholic University of Notre Dame’s basketball team in Rome on Nov. 1.
“They tell me that the people coming to the match, 90% are Villanova and 10% Notre Dame, so the voice of the people of God will be very strong on the Villanova side,” Leo said.
Winfield writes for the Associated Press.
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Judge lifts White House press ban of CNN, MS NOW and Politico
A federal judge issued a temporary restraining order Thursday that removes President Trump’s ban on three news outlets from White House grounds, a rebuke of the administraton’s most severe attack yet on the Washington press corps.
U.S. District Judge Timothy Kelly said in his ruling that the administration’s ban is likely unconstitutional and that the outlets affected — CNN, MS NOW and Politico — were not given due process before the action was taken. Kelly also rejected the White House’s court argument that the ban was motivated by national security concerns. The restraining order will be in effect for 14-days as the litigation proceeds.
Kelly, appointed by Trump during his first term, made a similar ruling in 2018 after the White House tried to ban journalist Jim Acosta, then working for CNN. Acosta’s credentials were restored.
The three outlets jointly filed a lawsuit Monday alleging that the ban violates the 1st Amendment by retaliating against protected newsgathering as punishment for unfavorable coverage, amounting to viewpoint discrimination.
Trump announced the ban Friday in a Truth Social post, describing CNN, MS NOW and Politico as “fake news.” He claimed the outlets have long been unfair to him and that their negative coverage was a danger to the country.
Journalists from the three organizations were barred from White House grounds on Saturday, the day after Trump announced the ban in a Truth Social post.
CNN, MS NOW and Politico all reported Thursday that their access has not been restored despite the judge’s ruling. Politico reported that one of its journalists had a credential confiscated by Secret Service.
Whether the confiscation was a security snafu or a defiance of the court order remains to be seen.
In a emergency court hearing Wednesday, the White House shifted away from Trump’s initial stated reasons for the ban and argued that the three outlets engaged in reporting that threatened national security.
The administration went on to detail letters sent to each outlet that provided examples of such reporting. One was a background briefing set up by the White House, where an official briefed reporters on condition of anonymity under ground rules set by the White House itself.
In response to the ban, ABC, CBS, NBC and Fox News, suspended pool coverage of President Trump this week as he traveled to New York for the General Assembly at the United Nations.
The four networks along with CNN rotate the coverage which is shared with other news organizations. While the networks that aren’t banned have sent reporters to cover President Trump’s activities, they are not shooting video.
Some right wing outlets sympathetic to Trump such as One America News have been providing video coverage, but they lacked the technical capabilities of the larger networks. Another outlet, Real America’s Voice, posted video that showed President Trump’s detail traveling through New York City.
Keven Tripp, the Los Angeles correspondent for NBC News Radio posted on X that the “Press is NEVER supposed to reveal operational aspects of security detail,” calling the move by Real America’s Voice “stupid and unprofessional.”
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Big oil mobilizes to block Trump's diesel export ban idea: WSJ
Big oil mobilizes to block Trump's diesel export ban idea: WSJ
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Judge reverses Trump ban on some immigrants at Head Start preschools
By Moriah BalingitAP Education Writer
WASHINGTON — A federal judge in Rhode Island struck down a Trump administration directive that would have barred some immigrants from accessing certain federal programs, including Head Start preschools, community health clinics and adult education initiatives.
U.S. District Judge Mary McElroy, who was appointed by President Trump in 2019, temporarily barred his administration from moving forward with the rule last year, so it never was implemented. On Monday, she made the injunction permanent.
Officials from the Republican administration had said the directive would stop “illegal aliens” from accessing federal benefits by reclassifying broad swaths of social services programs under a Clinton-era law, the Personal Responsibility and Work Opportunity Reconciliation Act.
But the rule also would have swept up many immigrants in the U.S. legally, including work and student visa holders. It also would have barred services from Temporary Protected Status holders, who are granted work permits if the U.S. government determines conditions in their home country are too dangerous to return, along with recipients of Deferred Action for Childhood Arrivals, who were brought to the country illegally as children and receive temporary protection from deportation and work authorization.
Those groups, which are considered “nonqualified aliens” under the law, already are unable to access full Medicaid benefits and federally funded food aid and cash assistance.
The Trump administration issued its directive in July 2025. Democratic attorneys general from 20 states and the District of Columbia sued.
They said the change upended three decades of policy allowing people to access community health clinics, domestic violence shelters and Head Start centers without proving their immigration status. They warned the harms could spread, deterring any immigrant from seeking services and throwing up barriers even for U.S. citizens unable to document their legal status. The new rules also would have put administrative burdens on underfunded social service agencies, including Head Start operators, which might have been forced to close if they were unable to comply with the directive’s new requirements, the lawsuit said.
In her ruling, McElroy declared the directive “unlawful” and said the Trump administration did not follow the proper avenues to rewrite the rules. She called the administration’s actions “procedurally invalid.” She added that the administration still could pursue rule changes through the federal notice-and-comment process, which officials bypassed when they issued the directive last year.
Requests for comment were sent to the departments named as defendants in the wide-ranging lawsuit. The Administration for Children and Families, a division of the Department of Health and Human Services that oversees Head Start, said it does not comment on ongoing litigation. The Labor Department referred inquiries to the Justice Department, which did not immediately respond to a request for comment.
In a statement, New York Atty. Gen. Letitia James, who was among those who sued, hailed the judge’s ruling.
“From cancer screenings to food banks to early childhood education, the federal government’s attempts to decimate the social safety net would have been catastrophic for working families,” James said.
Balingit writes for the Associated Press.
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Sen. Bernie Sanders unveils bill to ban artificial superintelligence and create Department of AI
Washington — Two leading progressive lawmakers, Sen. Bernie Sanders and Rep. Greg Casar, are unveiling legislation Wednesday that would ban artificial superintelligence and create a federal agency to oversee advanced AI as some of the industry’s own leaders urge Congress to impose guardrails on the advancing technology.
The bill, provided first to the Associated Press, would also pause advanced AI development until guidelines are implemented while creating the Department of Artificial Intelligence. Multiple employees at leading AI companies are endorsing the bill.
“It doesn’t take a genius to say, ‘slow it down,’” Sanders, I-Vt., said in an interview with AP. “Do we really want to develop a super intelligence that when it becomes smarter than human beings could act independently of human control? I don’t think we do.”
Congress has so far done little to rein in the AI industry even as some of its most prominent leaders warn about potentially catastrophic risks. President Trump has resisted recent calls for greater government oversight, putting him at odds with tech leaders including Anthropic’s Dario Amodei, OpenAI’s Sam Altman and xAI’s Elon Musk.
The bill aims to dramatically slow down AI development
The legislation would permanently prohibit artificial superintelligence, which it defines as a system that exceeds human cognitive ability or has sufficient capabilities to plan and execute the destruction or disempowerment of humanity.
It would temporarily pause development of the most advanced AI systems until new federal safety rules are established by a new Department of Artificial Intelligence. Advanced AI systems would then need federal approval before they could be deployed. Violations could carry significant penalties, including up to 20 years in prison in some cases.
A number of current employees at AI companies and experts signed on in support of the bill, according to a statement shared with AP.
Juan Felipe Cerón Uribe, a researcher in OpenAI’s Safety Systems, said in a statement supporting the bill that “superintelligence could either go extremely right or extremely wrong” and that “we shouldn’t be playing such games.”
Swante Scholz, a software engineer at Google DeepMind who said he was not speaking on behalf of his employer, said on the current path of development, the “most likely outcome is an existential catastrophe for humanity.”
“A ban on superintelligence development would be a positive change for the foreseeable future,” Scholz said in a statement.
The bill faces long odds but draws a line in a growing fight
The bill from Sanders and Casar faces long odds in the Republican-controlled Congress, where lawmakers have struggled to coalesce around even less sweeping AI regulations.
But it offers a window into how the progressive wing of the Democratic Party is approaching AI regulation ahead of November’s midterms and a 2028 presidential campaign in which the technology is expected to be an increasingly prominent issue. Casar, a Democrat from Texas, is the chair of the Congressional Progressive Caucus.
Potential 2028 presidential candidates have rushed in recent weeks to release proposals showing they’re taking the issue seriously. Maryland Democratic Gov. Wes Moore announced a plan to regulate AI on Tuesday, while California Democratic Gov. Gavin Newsom signed an executive order to accelerate implementation of a California law that calls for independent oversight of AI companies last week.
Sanders, a two-time presidential candidate who is now 85, has especially focused on the issue in recent months. In June, he introduced legislation to create a sovereign wealth fund financed through a one-time tax on the stock of the largest AI companies. Last week, he hosted colleagues for a briefing with experts and also attended a conference focused on the issue alongside Republicans, including former White House adviser Steve Bannon.
The debate over AI regulations has scrambled political alliances both in Washington and for voters across the country.
Americans have grown more concerned about the environmental impacts of artificial intelligence over the last year, according to a recent poll from The Associated Press-NORC Center for Public Affairs Research and the Energy Policy Institute at the University of Chicago.
The survey data say about half, 53%, of Americans are “extremely” or “very” concerned about artificial intelligence’s environmental impacts. That is up from 41% last year. Democrats are driving much of the increase in environmental concern, but the poll also reveals broader worries about the local impact of data centers, which power AI and cloud computing.
Trump has shown little interest in curbing AI risks
While some industry leaders have called for new safeguards, Trump has pushed in the opposite direction. On Tuesday, Trump told the United Nations General Assembly that artificial intelligence will be renamed “super intelligence.”
“I think Trump has very little understanding of what this issue is about,” Sanders said. “I think he’s mainly concerned about the economic implications of a slowdown.”
AI safety is expected to be a central part of talks between Trump and China’s Xi Jinping at the White House this week as the countries compete for dominance in the sector. The prospect of slowing development in the United States while China continues on has also been one of the central arguments against sweeping restrictions.
Sanders argued that avoiding the most dangerous forms of AI would ultimately require cooperation between the two countries, comparing the challenge to nuclear arms control during the Cold War.
“Ronald Reagan, arch-conservative, was smart enough to understand that he had to sit down with Gorbachev, a communist, and work out a nuclear treaty that protected humanity,” Sanders said. “I think we can do that again now.”
Cappelletti writes for the Associated Press.
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Tennis: British player Tara Moore’s latest legal bid over doping ban dismissed by US court
In April 2022, Moore tested positive for nandrolone and boldenone at a WTA 250 event in Bogota, with an independent tribunal ruling in December 2023 that contaminated meat was the source.
Moore, who was Britain’s leading women’s doubles player at the time of the failed test, was found to bear “no fault or negligence”, but the International Tennis Integrity Agency (ITIA) appealed against the decision.
Last year, the Court of Arbitration for Sport (Cas) ruled in favour of the ITIA and Moore was banned until 2028.
Moore then initiated proceedings with the American Arbitration Association, in which she claimed the WTA’s “failure to warn against eating meat in Colombia was a direct cause of her positive test result and the harm that followed”.
The arbitrator supported the ruling made by Cas and dismissed the case against the WTA.
In response, Moore filed a motion against the decision at the United States District Court in New York.
Moore, who was ranked a career-high 77th in the world in 2022, claimed she was denied a fair hearing by the arbitrator.
The motion detailed how Moore was seeking “no less than $20m in compensatory damages” after claiming the WTA “stayed silent in the face of a known and specific danger and then shifted the blame for its own negligence” to the player.
On Friday, United States district judge Andrew Carter found Moore’s challenge was “not justified” on a legal basis.
The WTA and ITIA have been approached for comment.
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ECB calls for tougher EU crypto rules and wider ban on stablecoin interest
A day after unveiling Pontes, its system for settling tokenised assets in central bank money, the ECB has set out how it wants Europe’s crypto rulebook rewritten.
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The response, published on Tuesday by the European System of Central Banks, which groups the ECB with the EU’s national central banks, argues for tougher rules on stablecoins, staking and crypto firms.
It feeds into the European Commission’s review of the Markets in Crypto-Assets Regulation, known as MiCA, the EU’s rulebook for cryptocurrencies and the firms that trade them.
MiCA has applied since December 2024, and the last transitional deadline for existing operators expired on 1 July, including Binance, the world’s largest exchange, to stop serving European customers.
The Commission’s consultation will close on 30 September, a month later than planned.
The central banks’ recommendations are not binding, and the Commission will weigh them alongside other responses before deciding whether to reopen the law.
EU diplomats have told Euronews they expect a revision in 2027, which would need the approval of the European Parliament and member states.
No interest and no loopholes
Stablecoins are cryptocurrencies designed to hold a steady value, usually by tracking the US dollar.
MiCA already bars both issuers and crypto exchanges from paying interest on them, and the central banks want it kept that way.
“The payment of stablecoin remuneration should continue to be prohibited,” the ECB response says.
Their targets are the workarounds. Some exchanges, the response notes, offer crypto lending, borrowing and staking, “thereby replicating the economic effect of interest payments through ancillary or unregulated services.”
The central banks want the ban extended to those activities and to indirect rewards, such as certain loyalty-programme benefits, calling it “a clear legislative priority”.
Washington has gone the other way.
The 2025 GENIUS Act banned US stablecoin issuers from paying interest but left exchanges free to offer rewards, and whether to close that gap became one of the most contested fights over the CLARITY Act, the landmark crypto bill that fell ten votes short in the US Senate on 15 September.
A brake on US dollar stablecoins
The central banks want stronger tools against tokens pegged to foreign currencies.
It would be useful, they say, if authorities could impose “a prohibition to issue new tokens, as well as an obligation to redeem existing tokens” on issuers where central banks judge that the tokens pose a threat, including to financial stability.
More broadly, they see limited benefit in stablecoins for everyday payments at home, given instant bank transfers and the planned digital euro. They warn that MiCA provides no legal basis for issuing the same stablecoin both inside and outside the EU.
In a bank run, European reserves could end up paying holders elsewhere, while “EU authorities cannot determine with certainty how many tokens are held within the Union.”
Eurozone central banks also do not currently let stablecoin issuers hold customer funds with them.
A token fully backed by central bank money, the response warns, “would effectively result in a ‘synthetic’ central bank digital currency” that is essentially a private imitation of the digital euro and could, in theory, drain deposits from commercial banks, especially under stress.
Staking and decentralised finance
On staking, where users lock up crypto in exchange for rewards, the response is blunt: “Staking, lending and borrowing of crypto-assets should be regulated at Union level.”
Where a firm takes customers’ crypto and promises to return it, potentially with a premium, the central banks argue that the arrangement can be “comparable to the taking of repayable funds”, in the language of banking.
The same applies to decentralised finance, or DeFi, where lending and trading run on automated software rather than through a company.
MiCA exempts fully decentralised services but never defines the term, and the central banks cite studies showing that full decentralisation is rarely, if ever, achieved, leaving it unclear who is in control.
Who licenses crypto exchanges?
The central banks also back a Commission proposal to move licensing and supervision of crypto firms from national regulators to ESMA, the EU’s markets watchdog.
Currently, one national licence covers the whole bloc, which was the route Binance originally pursued in Greece.
The Wall Street Journal reported last week, citing people familiar with the discussions, that ECB President Christine Lagarde urged Greek Prime Minister Kyriakos Mitsotakis not to approve Binance’s application because of the exchange’s past compliance problems and fears that its scale could deepen the use of US dollar stablecoins in Europe.
A senior Greek regulator, according to the newspaper, told the exchange that Lagarde wanted the decision delayed until ESMA took over, the same shift the central banks endorse in Tuesday’s response. Binance withdrew the application on 24 June.
Neither the ECB nor the Greek regulator has confirmed the account. The ECB, which has no formal role in licensing crypto firms, declined to comment, while Binance said it would “not comment on speculation”.
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Mamdani challenges Trump over White House press ban during meeting | Donald Trump News
President Donald Trump met New York Mayor Zohran Mamdani at his official residence, one day before Trump speaks to the UN General Assembly. The two discussed issues affecting the city, and acknowledged their differences – particularly over Trump’s restrictions on the press.
Published On 22 Sep 202622 Sep 2026
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CNN, MS NOW and Politico file lawsuit against Trump’s White House ban
Trump later reacted to news of the lawsuit, calling the news organisations “Third Rate Clowns” and “Crooked and Corrupt Press” that “trivialise and demean” his achievements.
“Fake News people and publications that only write negatively, and who violate our National Security by writing false and defamatory stories with unknown ‘sources,’ shouldn’t be allowed access to the most important Office anywhere in the World,” Trump wrote on his Truth Social platform.
He added that “almost without question” his team will file an appeal.
The First Amendment forbids the government from “abridging” the freedom of the press – language that courts have traditionally interpreted as preventing the government from discriminating against the media based on the content of their coverage.
The statement from CNN, Politico and MS NOW said: “Without notice or process, the White House revoked our journalists’ credentials because it objected to our reporting.
“Left unchallenged, this threatens press freedom and the public’s right to independent journalism free from government interference.”
The media organisations filed the lawsuit on Monday in US District Court in Washington, asking a judge to quickly rule Trump’s ban unconstitutional and prevent his aides from enforcing it.
On Monday morning, major US TV networks pulled out of White House pool duties, which sees media organisations share material with each other to save on costs and space when broadcasting presidential events to the American public.
Fox News Washington bureau chief Bryan Boughton, who currently holds a rotating role helping to organise media TV crews covering the White House, wrote in an email seen by the BBC that “effective today, the TV pool will not be covering designated as pool coverage” of President Trump.
The message said the move followed the White House “preventing” CNN from fulfilling its pool duties for Trump’s trip to New York and that “there will be no replacement pool put in place”.
CNN – one of only five US news outlets in the White House press pool for live television – was originally due to cover Trump’s trip to the UN General Assembly in New York on Monday and Tuesday.
But on Monday morning, the five-seat CNN booth in the basement of the White House press area – typically manned throughout the day from the early hours of the morning – was empty and closed. Screens and monitors inside were turned off.
Instead, a CNN crew was outside the secured area of the White House grounds, broadcasting live from a public pavement.
Five TV networks, ABC, CBS, CNN, Fox News and NBC, issued a joint statement: “The public has a vital interest in receiving accurate, independent information about its government.
“No administration should restrict a news organisation because it objects to its reporting.”
Those five networks are considered the only ones with the money and infrastructure to distribute live coverage from the White House and presidential events.
For now, the White House media slot has remained vacant and instead the conservative TV outlet, Real America’s Voice, was listed as “secondary” crew on Trump’s trip to New York, where he will meet Mayor Zohran Mamdani and French President Emmanuel Macron on Monday.
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Clippers hire L.A. attorney as interim CEO amid Ballmer NBA ban
The Clippers hired John S. Gibson as interim CEO and governor on Monday, taking over the roles previously held by team owner Steve Ballmer, who is serving a one-year ban by the NBA.
Ballmer recently said he won’t fight the league’s salary-cap circumvention punishment in a reversal of the team’s initial defiance and vow to fight against what it called “a heavily biased investigation.”
The league suspended Ballmer for one year, fined the team $30 million and forced it to forfeit five first-round draft picks. Ballmer said the team has paid the fine.
Gibson will immediately oversee the team’s basketball and business operations and represent the Clippers in league voting matters. He’s a long-time Clippers season ticketholder.
“I am honored to take on this responsibility and grateful for the opportunity to serve an organization I have supported for many years,” Gibson said in a statement. “My focus will be on supporting our people, providing steady leadership, and helping the organization continue moving forward.”
Gibson spent the last six years as a trial lawyer and litigation partner at DLA Piper in Los Angeles, where he co-chaired the firm’s U.S. Business & Commercial Litigation practice. He previously advised and represented major corporations, technology and health care companies, pro sports organizations and business leaders.
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CNN, MS NOW and Politico file court challenge to Trump’s press ban
CNN, MS NOW and Politico are headed to court to challenge the constitutionality of President Trump’s order to ban the three news organizations from the White House.
The three outlets announced Monday they are jointly filing a lawsuit in U.S. Federal Court in Washington, D.C. asking for a temporary restraining order that restores their access immediately while the case is heard.
“This morning we notified the government that we are filing a lawsuit today to protect our First Amendment rights and defend the principle that the government does not decide what the press reports and publishes,” CNN, MS NOW and Politico said in a statement. “Without notice or due process, the White House revoked our journalists’ credentials because it objected to our reporting. Left unchallenged this threatens press freedom and the public’s right to indpendent journalism free from government interference.”
The lawsuit against the Trump Administration will allege that the ban violates the 1st Amendment by retaliating against protected newsgathering as punishment for unfavorable coverage, as well as blocking reporters from a “nonpublic forum” for unlawful reasons.
The suit notes precedent is a case from 1977 that ruled the White House cannot arbitrarily restrict press credentials for reporters on grounds that there’s retaliation for viewpoint discrimination.
Trump announced the ban Friday in a Truth Social post, describing CNN, MS NOW and Politico as “fake news.” He did not cite any specific story that prompted the action, claiming the outlets have long been unfair to him and never provide any positive coverage.
Trump was asked Friday how his ban will hold up in court.
“I don’t think a court should allow fake news to be written day after day after day,” he said. “I think that somebody has a right to keep them away if they’re going to write false stories all the time.”
Trump’s asserts that the ban is the result of unhappiness with the coverage he receives from the three outlets. Trump’s statements are likely to be used against him in court.
The ban has already raised questions on how the public will be able to monitor the president’s activities. CNN was scheduled to provide the video feed of Trump’s Monday trip to New York for the United Nations General Assembly. The pool feed, as it’s called, provides video to all other press outlets.
CNN’s assignment does not appear on the press schedule issued Sunday by the White House.
On Saturday, journalists from CNN, MS NOW and Politico were barred from entering White House grounds as they learned their press credentials were no longer valid. Some were asked to hand them over to Secret Service.
Trump has tried twice to deny news organizations White House access. In 2018 during his first term, the White House tried to ban journalist Jim Acosta, then working for CNN, but a court ordered that his press credential be resinstated.
Last year, the Trump White House issued a ban on the Associated Press when the news organization refused to recognize the president’s renaming of the Gulf of Mexico by executive order. A federal judge ordered that the AP’s access to the White House be restored on the grounds that the government cannot punish a journalistic outlet over the content of its speech.
A divided appeals court panel later paused that ruling for the Oval Office, Air Force One and other restricted spaces, allowing the White House to keep the AP out of them while the case proceeds.
Trump has railed against outlets that he considers unfriendly to his administration, calling for the Federal Communications Commission to pull the TV station licenses of the broadcast networks. He has also asked the FCC to take action against individual journalists who irk him, the last being “Meet the Press” moderator Kristen Welker.
FCC Chairman Brendan Carr has tried to act on Trump’s behalf by calling for a review of ABC’s TV licenses, which the Walt Disney Co.-owned network is challenging in court.
“This is about more than the rights of journalists. It is about the right of the American people to receive a full and independent account of the activities, policies and decisions of whoever occupies the nation’s highest office,” Heinrich said in a statement.
Trump has also lashed out at individual reporters in person or over social media, sometimes in strikingly personal terms — insulting them in briefings, or in his recent speech at the White House Correspondents’ Assn. dinner.
Trump’s press attacks have spread to other parts of his administration. The Department of Defense tried to restrict journalist access to the Pentagon.
The department also recently fired three journalists at the military’s newspaper Stars and Stripes for insubordination after they appeared in a CBS News report on how the Trump administration has tried to restrict their reporting.
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