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5 takeaways from Andy Burnham’s first budget

28 October 2026 at 21:40

LONDON — Andy Burnham became Britain’s prime minister 100 days ago on a pledge to end 40 years of neoliberalism. His first budget announced he wouldn’t do that on the front page.

Wednesday’s 150-page red book was titled “breathing space for today, fresh hope for the future”, a confession, with true British modesty, that it was a stepping stone to bigger pledges downstream.

Burnham’s top finance minister, Chancellor John Healey, unveiled 98 changes, including help for most households’ energy bills, which are due to spike this winter because of Donald Trump’s war with Iran, and a £10 billion defense package to support Ukraine.

Many of the tax tweaks were limited and technical, including an 8% cut to tariffs on soy milk. Healey’s ambition was reined in by surging global oil prices and a political choice by his boss not to blow the doors off yet.

Burnham has reviews on the creaking welfare system, devolving power to the regions and a “10-year plan” all coming before Christmas. Only then can he grind out the numbers for next year’s spending review.

The Labour MP Darren Jones, who served in the Treasury until Burnham arrived in July, called it a “steady-as-she-goes budget” that was to be expected. Many Labour MPs were happy, cheering measures for their area and pointing toward a bigger bang later on. Industry lobby groups could grasp onto something in their area of expertise.

Chief Secretary to the Prime Minister, Darren Jones, arrives at Downing Street for Keir Starmer’s final cabinet meeting on July 15, 2026 in London. | Carl Court/Getty Images

But with U.K. growth struggling, others were less generous. Joe Shalam of the Conservative-aligned Centre for Social Justice think tank called it the “fudge-it budget.” Tory leader Kemi Badenoch asked: “Is that it?”

Perhaps the trickiest response for Burnham was from Mainstream, the left-wing campaign group that helped propel him to the Labour leadership this year. “Ending 40 years of neoliberalism can only be delivered by radical action,” read a statement by the group’s interim council.

POLITICO looks at five other takeaways from Wednesday’s budget.

1) We’re in the holding pen

The chancellor’s big bazooka was to slap a much-anticipated tax rise on banks — but he surprised many by saying it will last only 15 months. It will raise less than £1 billion in its peak year.

It wasn’t the only temporary measure Healey unveiled on Wednesday. He extended existing cuts to fuel duty, a tax cut on household energy bills and a £2 cap on bus fares, but only until 2027. They will all need to be reviewed again before his next annual budget.

Likewise, some of Healey’s spending plans thin out after a few years, which suggests they may need topping up later. This applies even to the areas closest to Burnham’s heart. Budget documents suggest support to end rough sleeping will total £1.1 billion in the two years from April 2027 but only £270 million in the three years after that.

People pass through the Bank area of the City of London on May 29, 2024 in London. | Carl Court/Getty Images

There were plenty of changes, of course, such as to writing-down allowances, property income taxes and tax on savings. Whitehall will have to find more administration cuts while tax inspectors hunt down another £3.2 billion a year. But the Institute for Fiscal Studies, a non-partisan economic think tank, called it all a “hodgepodge” of “fiddly measures” that would do little to affect growth.

Many of the more fundamental decisions were kicked down the road. Healey has committed to spending 3.5% of GDP on defense by 2035, but will only spell out how to fund it in a spending review at some point in 2027. Major reforms to the welfare system — spending on which is still rocketing — will only be decided after two reports by the Labour grandees Stephen Timms and Alan Milburn are published in November.

Healey published a “fiscal devolution roadmap” that spelled out a path to handing regional mayors full control of the business rates raised in their areas by the end of the decade, but this has an element of wait-and-see too.

Healey had a narrative for his cautious approach. “I decided on an early budget to give the country a bit of breathing space and to provide stability and direction in the face of speculation,” he told MPs Wednesday. “We’ll continue to map out that direction for Britain through the prime minister’s 10-year plan and the spending review.”

This is not the Burnham who complained Britain was “in hock to the bond markets” last year.

2) Everything is terrible, so blame the White House.

Burnham and Healey can blame Trump — up to a point.

The chancellor said the headwinds that once faced Britain are now “global economic storms,” fueled above all by the U.S. conflict with Iran. “We did not want this war,” Healey told MPs.

U.S. President Donald Trump speaks to members of the media after disembarking from Air Force One at Joint Base Andrews, Maryland on October 28, 2026. | Kent Nishimura/AFP via Getty Images

Journalists spent Wednesday trawling through the usual gloomy parade of numbers about the U.K. economy produced by the independent Office for Budget Responsibility. Britain’s projected growth in 2027 was cut from 1.6% to 1% (though Treasury officials insisted GDP per person will rise overall by the end of the decade).

Healey chose to leave himself with a smaller fiscal buffer than his predecessor Rachel Reeves, telling MPs he had used it to “absorb the impact of the Iran war.” He also raised net taxes by £7 billion a year, though this was far less than the £26 billion in Reeves’ last budget.

But the situation is so volatile that these numbers, based on market energy prices in mid-August, are probably already out of date. The OBR’s “severe shock scenario” had oil prices peaking at around $115 a barrel in the first half of 2027. They already hit that level this week.

Healey insisted that Britain is doing well in the circumstances; his ministers all point to an International Monetary Fund prediction that the U.K.’s deficit will be the lowest in the G7 by 2029.

Opposition parties, however, paint a picture of a nation where everything is just getting gloomier. The tax take was already on course to rise to a record high; Healey broke that record again on Wednesday. (It is now due to reach 38.6% of GDP.) Britain’s spending on debt interest has almost tripled since 2020.

3) Defense spending is still a big, big headache

Healey resigned as defense secretary under former Prime Minister Keir Starmer in June to protest the lack of military spending — but now faces mounting unanswered questions about his own plans.

Healey did two big new things on defense spending on Wednesday. First, he confirmed an open secret in Westminster: he plans to reach 3% of GDP by 2030 — on a path to NATO’s 3.5% by 2035 — but repeated that the details of how he’ll pay for it will only be spelled out in next year’s spending review.

Secondly and more significantly, he outlined his plan to plug a ​​£1.8 billion-a-year gap in Starmer’s defense investment plan — but provided only scant details. 

The Treasury said it will be paid for by shaving 1% off each Whitehall department’s capital budget in the coming years. However, those departments have not yet worked out what they will cut; that is a problem for another day. These questions will dog Healey for the next year.

At least one person was delighted: Volodymyr Zelenskyy. The Ukrainian president said the chancellor “made my day” with a £10 billion package of economic and military support to Kyiv. Part of the package needed special sign-off by ministers because civil servants warned they could not guarantee it would provide value for money.

4) There was something to make Labour MPs happy

Much of what Healey did unveil appeared to be aimed at preserving the “Burnham bounce” in the polls and with his own MPs. 

The chancellor called it a “budget for the working people of Britain” and Treasury analysis says it was redistributive, handing the biggest boost to the poorest households (albeit only raising their incomes by 0.6%).

A woman makes her way through a snow flurry, the first significant snow fall in Cheshire this Winter on December 10, 2022 in Northwich. | Christopher Furlong/Getty Images

Central to this was Healey’s closest thing to a “rabbit out of the hat” — a £100-per-household cash payment to people living in homes below a certain value this winter. One Labour MP enthused that the criteria for the payment (which Treasury officials say will capture 88% of the poorest households) was “absolutely brilliant” because it will capture working households and those on benefits at the same time.

There was another £1.5 billion for social and affordable housing, a “covenant” to govern new AI data centers and changes to mileage rates for self-employed workers. Burnham has prided himself on being a grassroots politician; it was a grassroots package.

How much voters will notice is another question. The IFS warned the package of “breathing space” measures was still “relatively small.” It could be swallowed by a rise in annual energy bills in January — predictions of which have recently ranged from £276 to £469.

The OBR warned there has been “virtually no growth” in real household disposable income per person over the last decade or so, and predicted “no real earnings growth in 2027” despite Burnham and Healey’s efforts to help.

5) MPs won’t stop chattering about an election

Burnham only has to call an election by mid-2029 and keeps trying to snuff out talk of going earlier — but every prime minister does this until they don’t.

His MPs were studying the budget Wednesday to work out if it makes an early general election more or less likely. It’s fair to say they couldn’t agree.

On the one hand, this cautious budget of temporary measures might suggest Burnham — who needs his own mandate for more radical changes to the electoral system or Britain’s relationship with the EU — is holding out for the country’s backing.

Others would say a cautious stepping-stone budget is hardly the eye-catching approach you would take if you were about to sell yourself to voters. Growth is set to be slow next year; Burnham needs time to turn the economy round and show he can change things.

Burnham told journalists on Wednesday: “I don’t know how many times I’ve done this now, but yes, I can rule out calling a general election in the next 12 months.” The speculation will continue anyway.

Esther Webber, Emilio Casalicchio and Sam Blewett contributed reporting.

An artist sculpts magical cats and mice out of aluminum foil

By: Popkin
27 October 2026 at 22:02
Crumpled foil, Kevin M. Gill, CC BY 4.0, via Wikimedia Commons

Often, the coolest art comes from simple, often unnoticed materials. When reimagined into a new context, everyday household materials can be the base for wonderful works of art. I've always loved watching people transform everyday materials into new ideas.

This aluminum foil piece, Cats and Mice by artist Dean Millien, fills me with joy. — Read the rest

The post An artist sculpts magical cats and mice out of aluminum foil appeared first on Boing Boing.

UK announces further tariff suspensions on food, drink and fuel

26 October 2026 at 23:30

LONDON — The U.K. government is removing import tariffs on more than 100 products, including food, drink and fuel, to ease the cost of living.

In a pre-budget announcement on Monday night, the Treasury said it would suspend tariffs on a number of popular food items, including baked beans, chocolate and gherkins, as well as fertilizer and kerosene heating oil.

The announcement, which follows a consultation earlier this year, comes after the government said last week that it would suspend import tariffs on over 250 goods that were due to expire on Dec. 31 until Dec. 2028.

Collectively, the government said the tariff suspensions would reduce consumer costs by around £245 million to £595 million a year.

“Today’s everyday fixes are just a small part of what we are doing to give families a bit of breathing space,” Chancellor John Healey said.

“Conflict in the Middle East and Europe is hitting families here at home through higher everyday costs. We can’t control global events, but we can act where we can make a difference.”

Putins Schattenflotte: Warum greift Deutschland nicht durch?

26 October 2026 at 05:15

Rostige Tanker transportieren russisches Öl durch die Ostsee, doch die Bundesregierung schaut trotz harter Ankündigungen tatenlos zu. Warum Innenminister Alexander Dobrindt vor der Verantwortung zurückschreckt, analysiert Rixa Fürsen.

Im 200-Sekunden-Interview dazu: Anton Hofreiter von den Grünen. Er fordert, es brauche gegebenenfalls einen Bundestagsbeschluss, um die illegale Schattenflotte zu stoppen.

Zehntausend Kilometer entfernt sucht der Kanzler in Asien nach strategischen Partnern für die Wirtschaft der Zukunft. Auf seiner Reise geht es um die wirtschaftliche Abnabelung von China- POLITICO-Experte Hans von der Burchard ordnet diese diplomatische Doppelstrategie ein.

In Berlin entbrennt ein Machtkampf um das höchste Staatsamt. Eigentlich galt die CSU-Politikerin Ilse Aigner als Favoritin für die Nachfolge des Bundespräsidenten, aber Friedrich Merz blockiert, zumindest indirekt. Rasmus Buchsteiner erklärt, warum Merz die Schwesterpartei ausbremst und welche Namen nun auch im Rennen sind.

Das Berlin Playbook als Podcast gibt es jeden Morgen ab 5 Uhr. Rixa Fürsen, Maximilian Stascheit und das POLITICO-Team liefern Politik zum Hören – kompakt, international, hintergründig.

Für alle Hauptstadt-Profis: Der Berlin Playbook-Newsletter bietet jeden Morgen die wichtigsten Themen und Einordnungen. Jetzt kostenlos abonnieren.

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**(Anzeige) Eine Nachricht von YouTube: Ein verlässlicher Partner für die Medienbranche: Dass YouTube als digitale Infrastruktur ein wichtiger Motor für Medienhäuser ist und Redaktionen nachhaltig stärkt, belegt eine Studie von Oxford Economics im Auftrag von YouTube: Das kreative Ökosystem von YouTube unterstützte 2025 in Deutschland über 29.000 Arbeitsplätze (Vollzeitäquivalent). Hier klicken und mehr erfahren zum Beitrag von YouTube zur Medienindustrie.**

4 reasons Andy Burnham’s MPs are feeling more cheerful — and the pitfalls ahead

26 October 2026 at 04:00

LONDON — Andy Burnham pledged to bring back hope when he entered Downing Street. Labour MPs are feeling it — for now.

The British prime minister is approaching 100 days in No. 10 this week with his party believing things are on the up.

Keir Starmer was toppled earlier this year after disastrous local election results precipitated a loss of confidence in his administration.

Disgruntled Labour MPs warned their new leader must show up, listen to them and accept some disagreement to avoid repeating his predecessor’s mistakes.

POLITICO sets out the four reasons Labour MPs are feeling more chipper under Burnham — but they still see potential pitfalls ahead.

Some of the dozen parliamentarians interviewed by POLITICO for this piece were granted anonymity to speak candidly about the internal party matters.

1) Disagreement is tolerated

MPs reckon Burnham’s administration is more willing to recognize different views within the broad church Labour Party.

Burnham himself told a Parliamentary Labour Party meeting that disagreement is fine as long as MPs speak to him about it, according to Simon Opher — a 2024-intake MP and member of Mainstream, the soft-left faction supported by Burnham when he was Greater Manchester mayor.

“It sounds weird, but that is a remarkable difference from what they had before,” Opher said, claiming he felt a “slight climate of fear” early in his political career.

Starmer infuriated MPs when weeks after taking office he suspended the whip from those who voted to scrap a two-child benefit cap — only to U-turn earlier this year.

By contrast, Kim Johnson, a member of Labour’s left-wing Socialist Campaign Group faction, points out she wasn’t sanctioned after abstaining on the government’s Courts and Tribunals Bill earlier this month because she believes it still weakens the right to trial by jury.

“You’re not feeling you can’t do that or risk losing the whip,” she said.

Burnham’s eyes are photographed as he delivers a speech at the Labour Conference in Liverpool on Sept. 29, 2026. | Oli Scarff/AFP via Getty Images

Of course, Burnham’s appetite for disagreement hasn’t been fully put to the test.

He entered No. 10 at the start of the summer recess, when MPs were away from Westminster, and there was a month-long conference recess when they returned to SW1 in September.

And MPs don’t want a totally laissez-faire regime.

“I didn’t get into politics to sit in a room and just agree with each other,” said another 2024-intake Labour MP. “I don’t think you get good policy by just sitting around like nodding dogs.”

But they said they “genuinely believe in collective responsibility,” and are “quite relaxed” about the consequences of voting against the whip.

Another backbench MP warns Burnham’s lax approach can only last so long.

“Andy is riding high still, he is not in [Nigel] Farage or [Zack] Polanski territory, he can afford for people to go ‘I don’t like this.’ It’s when the shit hits the fan, and the public are saying they’re not happy, then you begin to find the political patience wears out,” that backbencher added.

Burnham may yet regret his promise that the whips office will act as an HR department, the MP said, “because you want them to come down like a clonking fist.”

2) Ministers are more visible

Burnham’s team is making itself seen, his MPs report.

Whips have been calling them to check in, and Burnham himself has attended PLP sub-group meetings. Cabinet ministers have also been available for meetings.

Though another Socialist Campaign Group MP admitted “it’s a very low bar” for improvement. “Under Starmer, there was very little in terms of consultations, any discussions about anything at all.”

Mainstream member Alex Sobel said: “I’ve had more meetings with No. 10 — I’ve been to No. 10 North — in these three months than the entire time of the previous administration.”

One MP said: “People feel warmly towards Andy, which is half the battle. I think they trust his good intentions.” | Oli Scarff/AFP via Getty Images

Bill Esterson, who chairs the Energy Security Committee, said he had “regular conversations with No. 10” and that Burnham’s team had “engaged very fully” with committee chairs and the PLP more broadly.

A second 2024 intake MP said: “There’s definitely more of a concerted attempt for them to be reaching out and listening to us.” The days of being viewed “as the legal necessity to get legislation through” are over.

3) Burnham’s political instincts

MPs reckon they’ve had an upgrade when it comes to raw political instincts.

“There’s a feeling that we’ve got a guy up front who we can get behind,” said Opher.

“He understands how politics works,” he added, citing the decision to delay approval for drilling at the Jackdaw gas field until after the Holborn and St Pancras by-election, where Labour faced a challenge from the Greens. “Andy’s much more savvy on what he’s doing.”

Backbenchers also claim to feel more confident they won’t get caught in the Starmer flip-flop policy trap.

The unnamed Socialist Campaign Group MP quoted above is still smarting over the “absolutely awful” two-child benefit cap vote, where rebels lost the whip only for it later to become government policy.

The first 2024-intake MP reckons Burnham is better able to communicate difficult trade-offs, like altering the triple lock to fund social care.

4) Voters are giving Labour another chance

It is ultimately Burnham’s popularity with the public that has fed into the positive mood.

Many Labour MPs “agreed with the punters on the doorstep” about Starmer’s inadequacies, Opher said. Data showing Labour has retaken the opinion poll lead from Reform UK has boosted their optimism. “It doesn’t feel like a party that is about to be ripped apart,” he added.

The first 2024 intake MP said: “It has given us the right to be heard,” said the first 2024-intake Labour MP quoted above. “People feel warmly towards Andy, which is half the battle. I think they trust his good intentions.”

MPs say Burnham’s administration is willing to recognize different views within the Labour Party. | Leon Neal/Getty Images

Some flashpoints ahead…

1) The budget

Burnham can only coast on the good vibes for so long, and the first test of tough political choices comes Wednesday in the budget.

MPs on the left see the economic statement as a “crunch point” that will show if the chancellor will put his money where the PM’s mouth is.

“If there’s an attempt to take money from ordinary people who’ve got nothing and no attempt to get finances from people who have got far too much, then probably there will be some sort of opposition”, said the unnamed Socialist Campaign Group MP previously quoted. They hope to see the already trailed bank tax confirmed, or a wealth tax.

They warned that any decisions on what to cut and where to spend will pose “challenges from both sides of the PLP.”

“The measure of Andy Burnham is how he deals with it,” they added.

2) Welfare

Burnham wants to avoid a repeat of the botched attempt at welfare reform which severely weakened Starmer’s authority.

A long-awaited review by former Cabinet minister Alan Milburn into young people not in education, employment or training (NEETs) will be published shortly with recommendations.

Milburn — alongside Work and Pensions Secretary Pat McFadden — has been trying to ensure communication is better.

“Pat has done an excellent job at building a consensus, rolling the carpet, setting out the argument, setting out the moral case, but he was doing that before the change of administration,” a third 2024-intake Labour MP said.

The second 2024 Labour MP quoted above said most colleagues “feel like it’s a decent stab at it and it’s not come out of the blue.” Reasonable critics “were just getting stonewalled” last year.

Esterson, who’s served in parliament since 2010, said regular engagement means “it’s not surprising that you get the benefit of the doubt far more often than if you don’t.”

3) Europe

Burnham’s admission that a future Labour manifesto could commit to a referendum on EU membership is already opening old Brexit wounds — and not in the way Labour wants.

The Socialist Campaign Group MP previously quoted is uneasy about its potential to spark further division. “It nearly ripped the country apart and I’m not sure if it’s the right thing to do [to] reignite that horribleness in each constituency,” they said.

The third 2024-intake Labour MP quoted above concurred. While people want a closer relationship with Europe, they believe rejoining is a “different kettle of fish” and jars with constituents who want “better public services and more economic growth” rather than continental renegotiations.

4) Energy

Energy policy has already become a flashpoint. The decision to approve the Jackdaw gas field was met with some dissent. A decision about the larger Rosebank oil and gas field is still looming.

Sobel told POLITICO’s London Playbook it “won’t make an impact on global prices and will give mixed messages in terms of investment in terms of both renewables and decarbonisation of home heating.”

Left-wing Labour MPs also signed a letter to Energy Secretary Miatta Fahnbulleh urging her to reject the licenses due to climate change. “Every second we continue pumping fossil fuels into the atmosphere makes the crisis more severe,” the letter organized by Chris Hinchliff said.

The second 2024-intake MP quoted thought ministers are acting in good faith.

“They’ve got one go at government and they seem to be doing their absolute best to give it a good whack,” they said.

Sam Blewett contributed reporting.

The secret terms of Trump’s Venezuelan oil deal

23 October 2026 at 12:00

In late August, President Donald Trump announced what he called the “biggest oil deal in world history.” Since then, the full text of the accord — which grants the U.S. sweeping access to Venezuela’s oil reserves — has been one of the most sought-after secrets in Washington, D.C. 

ProPublica has reviewed a copy of the 18-page strategic partnership agreement signed for the United States by Secretary of State Marco Rubio and Defense Secretary Pete Hegseth. The document reveals carefully constructed terms that favor U.S. interests at every turn and cements the power of a small group of people handpicked by the Trump administration to govern and profit from the deal. The role of the Venezuelan government and the potential benefits to its people are largely absent from the text.

One of the most criticized aspects of Trump’s announcement has been his choice of a partner: Alejandro Betancourt, a globe-trotting Venezuelan oligarch who has faced money-laundering investigations in three countries. 

The Trump administration is taking a 35% stake in Betancourt’s firm, North American Blue Energy Partners, by acquiring shares in a Barbados-registered parent company. The deal document provides little information about the owners and investors behind the parent company, who could receive enormous wealth from the arrangement. 

The agreement also safeguards Betancourt’s position as chief executive of NABEP and says the U.S. government will work with the parent company to appoint a powerful seven-member board to govern the venture for an initial 15-year term. Those aspects of the deal, according to people with knowledge of how it came together, were designed to prevent future U.S. and Venezuelan leaders from dismantling the enterprise. 

Orlando Alvarado, a name not disclosed by the Trump administration as a party to the accord, signed the agreement on behalf of the parent company, alongside Betancourt, Hegseth and Rubio. Alvarado has held senior roles in multiple Betancourt businesses, including as chief financial officer of an energy firm that became embroiled in scandals a decade ago. According to the Miami Herald, federal prosecutors identified Alvarado as an unindicted co-conspirator in a scheme to embezzle money from Venezuela’s national oil company.

NABEP spokesperson Terry Wade said that “neither Mr. Betancourt nor Mr. Alvarado has ever been charged with any crime in any country, and any claims against them are baseless.” 

Key aspects of the plan differ from the Trump administration’s public pronouncements. Trump has said the deal will secure America’s energy dominance for the next century. But the text indicates that U.S. purchasing rights expire in half that time and that the underlying operating rights appear to run afoul of Venezuelan laws limiting oil concessions to 25 years.

The agreement does ensure the United States a deep discount from fair-market value on 20% of NABEP’s oil, as Trump has said. It does not, however, explicitly guarantee that Betancourt’s company is obligated to pay the estimated $200 billion in royalties and tax payments to Venezuela that the White House has said would benefit the country. 

There are also significant caveats related to Trump’s central selling point to Americans — that the deal will bring a gusher of low-cost oil imports. 

The agreement gives the U.S. the right to purchase 20% of NABEP’s oil at a discounted rate of $30 a barrel, or less than a third of what oil has sold for in recent months, according to one of three supporting documents reviewed by ProPublica. 

But this fee does not account for the cost of getting Venezuela’s oil out of the country. Much of Venezuela’s raw crude is so thick that it won’t flow through pipelines unless it is first blended with 20% or more of oil thinner products. Under the deal, the potentially significant cost of importing millions of barrels of those blending materials is not included in the price.


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The White House, the State Department, the Pentagon and the energy company NABEP all defended the agreement, saying in statements that their new public-private venture will provide meaningful and lasting economic benefits to both countries that cannot be captured in a legal document. 

“This historic deal marks a major step toward stabilizing Venezuela’s economy after years of hyperinflation and almost no new investment, while more than doubling the United States’ oil reserves,” said White House spokesperson Taylor Rogers.

Wade emphasized that NABEP was chosen because of its track record of expanding oil production in Venezuela in recent years and that the agreement was between the company and the U.S. government, not Venezuela.

“Thanks in large part to the agreement,” Wade said, “there is a surge in confidence about the future of Venezuela’s oil industry and, as a direct result, substantial new investments are flowing into the country.”

He added that much of NABEP’s oil comes from fields that require little or no blending materials and that blending costs would not meaningfully impact the price of production. “Our barrel economics are strong.”

The newly revealed details of the agreement are nonetheless likely to raise more questions about whether the unorthodox marriage of the United States and a foreign energy baron can bring lasting benefits to either country — and which private parties might benefit along the way. Trump’s oil deal is likely to face scrutiny in both the United States and Venezuela, especially if Democrats win one or both chambers in the midterm elections, according to former U.S. diplomats and congressional staff.

“Question number one in a new U.S. Congress will be: Why Betancourt?” said former Ambassador James Story, who served as the top U.S. diplomat in Caracas from 2018 to 2023, in an interview. “Why did he get this deal? And was he involved in criminality? It seems reasonable to have a congressional hearing about those questions.”

“Question number one in a new U.S. Congress will be: Why Betancourt?”

James Story, former U.S. ambassador to Venezuela

In public comments, Delcy Rodríguez, who won the backing of the Trump administration to serve as Venezuela’s interim president, praised the accord as “historic.” She has asserted that Venezuela will retain sovereignty over its natural resources and defended the choice of Betancourt. 

People with knowledge of the Trump administration’s behind-the-scenes decision-making and negotiations with Betancourt spoke to ProPublica on condition of anonymity because they were either not authorized to do so or were fearful of retribution. 

One reason that the precise terms of the deal have remained hidden until now is that the signed agreement is marked as a “sensitive” government document. That classification is commonly used to shield a variety of federal records from public release, including those containing personnel information, details about ongoing law enforcement operations and matters protected by attorney-client privilege. The document also contains a confidentiality clause barring Betancourt’s company from disclosing the “existence and terms” of the U.S. government agreement.

One person familiar with the deliberations said that people close to the Trump administration  seemed keen to partner with Betancourt’s company because of the privacy and flexibility it offered. That appeared to give NABEP an advantage over publicly traded oil companies, which would be obligated to shareholder reporting requirements. 

“For example,” the person said, “Chevron couldn’t give 35% of their shares to the Pentagon.”

The Deal

The oil deal is sensitive partly because of likely resistance in Venezuela, where critics have already described it as a U.S. takeover of the country’s precious natural resources.

A ProPublica analysis shows that its terms favor American interests at nearly every turn and try to enshrine the Trump administration’s imprint indefinitely. 

The document states that a majority of the seven-member board must be U.S. citizens at all times, and the U.S. government can appoint one “non-voting observer” to join the group. Betancourt, who will serve as the chief executive, is the only board member named by the agreement. The initial board will establish the process for choosing new members. 

“Throughout the evolution of the deal, it was clear that the governing structure was intended to ensure maximum control by the people making the deal and to insulate them from future administrations seeking to reverse the agreement or call it into question,” a person familiar with the negotiations said.

There is no requirement for any Venezuelan government participation in the board.

The agreement also offers long-lasting protections for Betancourt and unnamed investors. It requires a supermajority vote of five to oust Betancourt as CEO, change the board composition or execute any transactions with a shareholder that isn’t the U.S. government, an indirect equity holder, director, affiliate or “immediate family members.”

The board will determine compensation for Betancourt in his role as chief executive, the document says. As structured, the deal does not appear to require any public disclosures about pay or distribution of shares to executives.

The agreement does not say which shareholders, affiliates or family members have been approved to transact with Betancourt’s company. Under Barbados corporate law, there is almost nothing that can force those interests to be revealed publicly. 

The agreement does, however, require the company to maintain “anti-money laundering controls,” submit to external audits and inspections of its records by the U.S. government, and provide the U.S. government with an annual budget and quarterly unaudited financial statements. It is unclear if these reports will ever be made public. 

It could be some time before the company produces enough oil to fulfill a significant share of U.S. demand. Betancourt’s company currently produces about 200,000 barrels per day — or about as much over the course of a year as the United States uses in three days. 

NABEP aims to increase its production to 500,000 barrels per day by the end of 2028, according to recent reports.

In addition to securing a discount on 20% of NABEP’s oil, Washington also has “first priority” to purchase all of the company’s remaining oil production for the next 50 years, including an irrevocable right to buy its entire oil supply in the event the U.S. declares a national emergency. 

The U.S. also receives a “most favored nation” status that requires Betancourt’s firm to disclose any other business agreements it signs, and, if they are favorable, to grant Washington matching terms.

One person who reviewed parts of the contract was surprised at the tangible benefits for the U.S. compared with the lack of binding commitments to Venezuela: “I gave you 20% of my production at ‘cost plus,’ fine. I gave you all of my production if there’s a national emergency, OK. … So what do I get in exchange?”

A U.S. official said Rodriguez had granted NABEP 100-year oil concessions to operate there, although this figure is not referenced in the accord and appears to contradict Venezuelan law. 

In the event of a dispute, Venezuela can’t challenge the deal in its own courts. The agreement dictates that any conflict between the company and the United States must be settled under U.S. law, not Venezuela’s. The two sides even spelled out that any civil case or arbitration must be argued before the United States District Court for the Northern District of Texas, where Trump’s Justice Department has turned, time and again, for favorable rulings. 

Where U.S. law does not apply, Texas state law governs, the agreement states. 

A Pentagon office has been tasked with someday executing the financial transaction to capitalize on the U.S. government’s 35% share in the venture. The document shows that the U.S. will pay nothing upfront but plans to acquire its stake in Betancourt’s company by paying $0.01 per warrant share. Those terms are set to expire on the 75th anniversary of the closing date.

In a White House statement last month, Trump touted those shares as potentially worth “hundreds of billions,” plus dividends. But Democrats on the Senate Armed Services Committee said they believe the Pentagon office does not have the legal authority to execute an agreement with a foreign entity operating in a country under U.S. sanctions.

Pentagon press secretary Kingsley Wilson said that the Defense Department conducts “extensive due diligence” before extending capital assistance. Wilson declined to comment on any of the legal considerations or further technical aspects of the deal “to protect the integrity of the process.”

Several other detailed aspects of how the company will operate are currently under negotiation among the Trump administration, Betancourt and the parent company, the partnership documents show. The agreement repeatedly cites a set of “Implementation Documents” that will finalize the U.S. ownership stake and the rights of unnamed investors. 

The full force of the deal will not take effect until both parties have complied with its closing conditions, which the agreement indicates could happen within months.

Last month, Senate Democrats blasted what was known of the oil accord and demanded details in a letter to Rubio, Hegseth and Secretary of Energy Chris Wright.

“It is unclear why the American public should support this attempt to entangle the United States with a relatively unknown foreign oil company that lacks the capacity or credibility to develop oil fields of the magnitude described and whose leadership has faced international criminal investigations,” four ranking senators said in the letter. 

They asserted that most of the “oil fields are nowhere near ready for production” and that it could “take up to a decade before global oil markets are meaningfully impacted and the American people see any tangible benefit.”

A Willing Partner

Almost immediately after U.S. special operations forces seized President Nicolás Maduro in January and airlifted him out of Venezuela, Trump left little doubt that his larger goal was to restore American access to Venezuela’s oil reserves two decades after most U.S. firms had been ejected from the country. 

By early spring, an obscure cast of energy officials, lawyers and lobbyists had started to craft plans to deliver on Trump’s America First energy agenda. One person familiar with the deliberations said that U.S. officials had considered backing an idea for publicly held American oil companies like Chevron, Exxon and Conoco to carve up and rehabilitate Venezuela’s aging oil sector. Another potential route went through Betancourt’s company, which is the second largest private oil firm operating in Venezuela. Working with the Venezuelan state company, Petróleos de Venezuela, SA, was never really an option due to its underlying debt and history of corruption, the person said.

The option of turning to large multinational oil companies quickly stalled. In some cases, oil executives balked at jumping back into the complexity of the Venezuelan market; in others, firms struggled to get more than “lip service” meetings in Washington and Caracas, according to media reports and people familiar with the deal. 

“NABEP was given priority,” one person said. “Exxon, Conoco and the others were treated as second class.” 

Betancourt’s star was rising in the Trump administration. He had served as an interlocutor for Washington with the Maduro government and had ties to some leaders of the Venezuelan opposition, according to current and former U.S. officials. He had also provided information that helped the U.S. forces seize Venezuelan oil tankers and that aided strategy and planning before the capture of Maduro, Reuters reported. 

In addition, Betancourt had developed a good relationship with Rodríguez, whom Trump had backed as the country’s interim president. And Betancourt had done so despite the fact that her influential brother, National Assembly President Jorge Rodríguez, had accused him of corruption in a televised speech in 2020, according to former U.S. officials and press reports.

U.S. officials also saw practical reasons to partner with Betancourt, several people said. He and his then-business partner in the U.S., Harry Sargeant, a Trump supporter, appeared to be a rare success story in a battered industry, operating some of the only active oil fields in the country.

“The main thing I found promising is that the fields are producing in Venezuela,” said a former State Department official who analyzed the company’s activities. “I think it’s particularly important that you buy into fields that are producing. … If your policy goal is to raise production quickly, this makes sense.”  

But partnering with Betancourt posed major challenges. 

For starters, the 46-year-old billionaire was confined to house arrest on his 300-acre Oxfordshire estate in England, fighting off a Swiss extradition request tied to an international money-laundering probe. Betancourt could fly to his $46 million London residence by private helicopter — but his Venezuelan and Italian passports were locked down, and British authorities had barred him from driving on public roads, according to media reports about the special bail arrangement.

Betancourt’s legal problems stemmed from his role in troubled Venezuelan energy projects during the corrupt rule of former President Hugo Chávez. Several of Betancourt’s known or alleged associates were charged or convicted in a major U.S. money-laundering investigation known as Operation Money Flight. Betancourt surfaced as a suspect in the U.S. case and is still under investigation for suspected money laundering by authorities in Spain, according to former U.S. and European officials and press reports. 

The most popular leader of the Venezuelan opposition in exile, María Corina Machado, recently described Betancourt as having been involved in “obscene corruption” that caused great suffering for the Venezuelan people, according to a recent New York Times interview. 

Betancourt has not been charged in any country. His lawyer has maintained his client’s innocence, saying Betancourt has been unfairly maligned because people associate him with a group of wealthy young Venezuelans, some of whom have been accused of wrongdoing, according to press reports.

Many Venezuelans see Betancourt as a “totemic, emblematic, corrupt figure,” said Brian Naranjo, a former senior U.S. diplomat in Venezuela, in an interview.

“He is not really an oil man,” Naranjo said. “The talent he brings is that he’s a new person in a long line of Venezuelan businesspeople who deal in influence. Their big lever is connections and influence. It is know-who, not know-how.”

In a recent interview with Spanish language media, Rubio defended Betancourt, praising his oil company’s work in Venezuela and his support for factions of the Venezuelan opposition in exile.

Rubio downplayed the legal scrutiny Betancourt has faced, saying a review conducted with U.S. law enforcement agencies indicated “there were no investigations of him in our system.”

“The talent he brings is that he’s a new person in a long line of Venezuelan businesspeople who deal in influence. … It is know-who, not know-how.”

Brian Naranjo, former U.S. diplomat

It remains unclear exactly how Betancourt shed the travel restrictions imposed by European authorities. But The Washington Post reported that senior Trump administration officials, including Deputy Secretary of State Christopher Landau, former Attorney General Pam Bondi and then-Deputy Attorney General Todd Blanche, petitioned their foreign counterparts to allow Betancourt to travel freely and to close their investigations into him and his business ventures. 

The Trump administration’s next hurdle to working with Betancourt was figuring out how to legally invest. The government’s $200 billion investment agency, the International Development Finance Corporation, was created to do just that but is currently barred by U.S. law from operating in Venezuela.

At different points through the summer, aides to Office of Management and Budget Director Russell Vought stepped in, pressing Defense and State department officials to consider alternate financing paths, according to one person familiar with the deal’s progression.

By July, the Pentagon’s Office of Strategic Capital, headed by David Lorch, emerged as a potential solution.

Lorch, who had moved to the Pentagon from Deputy Defense Secretary Steve Feinberg’s private equity firm, Cerberus Capital, quickly embraced the idea, according to people familiar with the deal. Lorch and other Pentagon and State Department officials flew to Caracas in the final days of that month and agreed in principle to a deal. The details would be hammered out back in Washington, the people said.

A Pentagon spokesperson said Lorch declined to comment.

On Aug. 5, Betancourt strode into a conference room behind the art deco facade of the old Greyhound Bus Terminal in downtown Washington that houses an auxiliary Pentagon office. The assembled Defense Department officials gave the Venezuelan billionaire the red carpet treatment, lining up to shake his hand, according to people familiar with the meeting. But some in the room were stunned to discover that the U.S. government was preparing to do business with Betancourt, the people familiar with the meeting said. 

Betancourt was accompanied by Jacob Hirshman, the chief executive and co-founder of Erebor Bank, the first new bank chartered after Trump returned to office, according to people familiar with the meeting. The bank, backed by Trump supporters and investors Peter Thiel and Palmer Luckey, has vowed to reconnect Venezuela to the world economy.

Hirshman did not respond to a request for comment.

Lorch told the group, which included dozens of former Wall Street associates he’d hired into the office, that the alliance with Betancourt was a major “opportunity” to fulfill one of the Trump administration’s top goals, securing benefits to the United States and Venezuela for decades to come. 

The meeting touched off a month of around-the-clock calls and video conferences.

People familiar with the deal’s progression said Lorch soon became involved in structuring key aspects of the deal beyond its financing, including how the board would sit for 15 years and choose its successors. One said he put an explicit premium on setting up the venture in a way that it could not be undone by Trump’s successor.

The months of work on the deal burst into public view on Aug. 28 with a Trump announcement on Truth Social.

“The United States of America has just entered into an Agreement with the Country of Venezuela on, THE BIGGEST OIL DEAL IN WORLD HISTORY!” Trump posted on a Friday night.

Two days later, Hegseth, Rubio, Betancourt and Alvarado signed the deal.

The post The secret terms of Trump’s Venezuelan oil deal appeared first on Salon.com.

‘There is no immunity to Donald Trump’

22 October 2026 at 16:49

he world is starting to understand that there is no way to fully and lastingly protect itself from President Donald Trump.

The man just can’t let things go — and he’ll get creative to get what he wants.

The latest blowup over Ukraine is emblematic of Trump’s wily persistence, and it suggests a challenging two years lie ahead for the international set even if Democrats gain some power in the midterm elections.

Not that long ago, Trump seemed to have patched up ties with Ukrainian President Volodymyr Zelenskyy as Kyiv made gains against Russia. Trump signed legislation last month that was championed by his late friend, Sen. Lindsey Graham (R-S.C.), to impose heavy new sanctions and tariffs to punish Russia for its war on Ukraine.

This month, the original Trump — the one who fawns over Russian leader Vladimir Putin and despises Zelenskyy — roared back. He waived many of the legislation’s penalties on Russia, moved to buy Russian diesel and signaled he’s more interested in doing business with Moscow than seeking justice for Kyiv. Ukrainians suspect the U.S. has pressured them by throttling its satellite connections and intelligence-sharing. (The Trump administration disputes much of this.)

“Russia, frankly, has been fine on Ukraine,” Trump said Monday as he welcomed the idea of an arms control summit with Putin and Chinese leader Xi Jinping that might include talks about Ukraine.

The lesson, foreign officials and others steeped in diplomacy tell me, is that you cannot truly change Trump’s mind or stop his overall trajectory. Even if Trump seems briefly chastened or stages a tactical retreat, he will eventually return in new, often-surprising modes to push his original views and goals. He will try to exhaust you into submission.

Imagine how startling it is to be Ukrainian these days as Trump pressures you to make concessions to Russia by blaming you for a global energy crisis he caused by launching a war on Iran. Or what it’s like for officials across European capitals trying to craft a response, knowing there’s never an end to the process.

“There is no immunity to Donald Trump. He makes a deal in order to make a better deal the next day,” one senior European official mused, having been granted anonymity because the topic involves sensitive diplomacy.

It’s hard to blame world leaders who think they’ve learned to manage Trump only to be bewildered by a sudden left hook on his part. Foreign policy is often driven by hope when you lack good options. And Trumpology is a confounding, but still a relatively new, subfield.

Besides, Trump’s messaging is inconsistent, incoherent and nonstrategic — characteristics that can obscure his single-minded pursuit of his goals. So the global actors dealing with him — whether it’s the Gulf Arab states who shower him with gifts or the Canadians furious over his trade and territorial threats — sometimes think they’ve come to terms with him only to find they’re fighting on a newly configured plane.

A Supreme Court ruling that gutted many of Trump’s tariffs earlier this year was good news in many capitals. But since then, the so-called Tariff Man has moved to impose the import taxes under pretexts not considered by the court, including turning to accusations involving forced labor.

The White House doesn’t dispute Trump’s aggressive tactics.

“There is no greater fighter for America First interests than President Trump — and he is willing to look anyone in the eye to deliver wins on behalf of the United States,” spokesperson Anna Kelly told me in a statement.

The Greenland saga shows the limits of trying to mollify Trump.

In his first term, Trump wanted to buy the frozen island. The idea was shelved amid global laughter, but authorities in Greenland and Denmark made it clear to Trump that they welcomed more U.S. investment in the Danish territory.

In his second term, Trump huffed and puffed about an all-out U.S. takeover of Greenland, only to agree in September to an expanded U.S. military footprint that he could have gotten anyway under existing, decades-old diplomatic accords without all the drama. The whole affair has led to lingering anger in Europe about what Canada’s leader called a “rupture” in the global order — but many European officials hoped that the saga had faded away.

Yet, it’s far from certain that Trump has given up on possessing Greenland. Just days ago, he touted on social media plans to start oil, gas and mineral exploration in “our new and beautiful Greenland.”

The use of “our” is more than a little suggestive.

Defying Trump, too, can get you only so far.

Brazilians effectively told Trump to take a hike when he used tariffs and sanctions to punish the country for charging its former president, Jair Bolsonaro, in a coup attempt.

A few months later, as Bolsonaro was about to start his prison sentence, Trump seemed to admit defeat in his effort to help his political ally. “That’s too bad,” he said in November 2025, with little emotion. (“Brazil Defied Trump and Won,” The New York Times declared.)

But Trump wasn’t done with Brazil. He and his team have pursued efforts to undercut the current Brazilian government while quietly backing Bolsonaro’s son, Flávio, in his efforts to win the presidency this year. The runoff election is on Sunday, and it’s tight.

World leaders are doing what they can to make their countries Trump-resistant, if not all-out Trump-proof.

That has meant everything from diversifying their sources of trade and security alliances to joining Trump on ventures that, on the surface at least, can be helpful to them. (Then there are the many countries, especially in Africa, that diplomats privately tell me are happy to be off Trump’s radar.)

My takeaway from watching all of this, though, is that it’s not enough to stay one step ahead of Trump. You have to stay several steps ahead, and you have to be wildly imaginative about the lengths to which Trump and his devoted aides are willing to go to complicate your life.

The second Trump administration is filled with people who have turned to unique, bizarre and clever interpretations of law and reality to push his agenda. It’s not always clear who is behind which move, but it’s hard to imagine Trump isn’t fine with most of what’s happening.

It’s why a teenager is being held in immigration detention for the actions of his grandmother decades ago. It’s why Congress can scream and shout about its spending orders yet Trump ignores it.

Sen. Chris Murphy (D-Conn.) said other nations should not hope that the Republican Party will shed Trump’s worldview, including his disdain for allies, once Trump’s out of power.

“I would love for our allies to know that we have consistent common adversaries that we’re going to work together to fight. I just don’t know that you can make that guarantee,” Murphy, a frequent Trump critic, told me. “That’s painful to say, but given the state of the Republican Party right now, it’s true.”

I understand why Ukraine and the European Union are trying to diversify their sources of intelligence and military industrial bases as Trump keeps chasing love from Russia.

Despite Secretary of State Marco Rubio’s claims, the reality is that the United States can no longer be trusted for such security assistance.

But it’s not enough to find new intelligence partners or weapons manufacturers. You have to ask bigger questions, like, “What are the untapped streams of intelligence that no one knows are out there? What’s a potential weapon no one has considered? How can I acquire what I need before Trump stops me?”

Governments need to have plans — now — for scenarios that seem completely crazy. Better to be wrong than unprepared.

Still, even if you do all of that … “I don’t think it’s possible to stay two or three steps ahead of Trump,” said Charles Kupchan, a former senior national security official during the Obama administration who apparently enjoys raining on parades.

“He acts on impulse,” argued Kupchan, who has a new book out on the crumbling world order. “We need to try to limit the damage he’s causing and ride him out.”

A Democratic win in November’s midterms — one or both chambers of Congress — is unlikely to do much to rein in Trump’s actions abroad during his final years, current and former U.S. and foreign officials tell me.

He still has the veto and has been willing to ignore congressional demands. There’s also the fact that presidents have significantly more power to act in unilateral ways overseas than they do domestically.

Ukraine, the European Union, the world — all will be dealing with a politically wounded Trump who’s likely to double down on what he feels he must have.

“He’s going to be angrier,” Murphy predicted.

EPP teams up with far right to win Parliament vote delaying EU methane law

22 October 2026 at 12:33

BRUSSELS — The center-right European People’s Party joined forces with far-right lawmakers Thursday to push through a vote delaying a key EU climate law governing the methane emissions of oil and gas companies.

It was the latest example of the European Parliament’s biggest group ignoring old taboos and working with the far right to pass legislation weakening environmental rules.

The EU Methane Regulation requires fossil fuel companies to monitor and report emissions of methane, a potent greenhouse gas that’s a major cause of global warming.

The requirements were due to come into force in 2027, but the Commission last week proposed delaying implementation by a year following intense lobbying from the oil and gas lobby and the U.S. government.

The EPP proposed going further, calling for a three-year delay. The amendment passed by 326 votes to 244, with the support of far-right groups Patriots for Europe, the group of Marine Le Pen’s National Rally; and Europe of Sovereign Nations, the group of the German far-right party the AfD. Giorgia Meloni’s European Conservatives and Reformists also backed the proposal.

Most lawmakers from other centrist and center-left groups, including Renew Europe, Socialists and Democrats and the Greens, opposed the three-year delay.

The right-wing majority also voted for an amendment that would force the Commission to review the law and propose any necessary changes by mid-2029.

It comes a year after the EPP — the group of Commission President Ursula von der Leyen — set a new precedent when it sided with the far right to vote to weaken environmental reporting rules for companies, breaching the so-called cordon sanitaire. Since 2024, right wing groups have made up a majority in Parliament.

Thursday’s vote, if adopted by other EU institutions, would move the deadline for implementation of rules to 2030 — well beyond the Commission’s proposed delay to 2028.

It comes after a months-long pressure campaign by oil and gas companies, which claimed that key elements of the rules requiring them to monitor and track leaks of the potent greenhouse gas were unclear, risking compliance failures that could deter critical supplies from reaching Europe.

The Parliament’s position aligns it with industry’s own call for a three-year delay, and lawmakers echoed the sector’s concerns about the risk of supply disruptions linked to hasty implementation of the rules.

“The postponement of the requirements for oil and gas importers in the Methane Regulation is a matter of political responsibility … We need legally certain rules in place … to safeguard Europe’s energy supply and competitiveness,” MEPs Andrea Wechlser and Christian Ehler, both in the EPP, said in a statement to POLITICO.

“The crisis in the Middle East is already putting massive pressure on energy markets—about 20 percent of global LNG trade passes through the Strait of Hormuz,” they added.

The Parliament’s position could empower national delegations — which failed to agree on a joint position Wednesday after pushback from Germany, Italy and Poland — pushing for a longer delay. Member countries hope to find a compromise next Wednesday after failing to find agreement earlier this week.

CORRECTION: This article has been updated to reflect that Parliament voted to delay the rules until 2030.

Trump’s diesel deal derailed Ukraine-Russia peace progress, says Czech president

22 October 2026 at 04:02

Czech President Petr Pavel says a ceasefire between Russia and Ukraine was “quite close” – until President Donald Trump lifted sanctions on Russian diesel. 

In an interview conducted on Tuesday with the Axel Springer Global Reporters Network, which includes POLITICO, Pavel said coordinated U.S.-European sanctions on Russian oil, oligarchs, and other industries were putting Russia “under strain.” But the deal Trump announced earlier this month, in which Russia would supply hundreds of thousands of tons of diesel to the U.S., gave Russia “time to breathe.”

“It will be much harder now,” said Pavel. “Russia uses this momentum to get out of pressure, and it’s kind of a moral boost for them.”

The White House on Wednesday said Trump “successfully negotiated” the deal in order to supply the global market with “massive amounts of diesel and bring prices down.”

The deal quickly drew backlash and, at one point, a bipartisan group of U.S. senators urged Trump to rescind the deal.

Meanwhile, Ukrainian President Volodymyr Zelenskyy said in a post to social media that the deal “plays into Russia’s hands” and allows Russia “to kill more, wage war for longer, have even less respect for America, and inflict even greater losses and damage on the world.” He accused Trump of using peace talks in Florida as a “smokescreen” as the administration pursued its deal with Russia.

Zelenskyy’s criticism was the latest indicator of rising tensions between Kyiv and Washington. Trump has repeatedly expressed frustrations with Zelenskyy, accusing him of elongating the war. By contrast, of late he has spoken warmly of Putin and said this week that “Russia frankly has been fine on Ukraine.” 

But Pavel offered the Ukrainian president words of support on Wednesday. 

“I believe that President Zelensky and the whole of Ukraine is a victim of a conflict,” said Pavel. “So, I would be probably the last to blame Ukraine for being guilty of the conflict. It was not Ukraine who attacked Russia. It was not Ukraine who was threatening Russia.”

He added that Trump shows a more open approach to Russia than any European leader. 

“To some extent, he may be attracted by Vladimir Putin as a leader with authority, but I don’t think that … President Trump sees it from a position of a struggle between democracy and autocracies because he’s looking at it simply from the point of view of economic prosperity for the United States,” Pavel added.  

Though Pavel indicated concerns about the diesel deal, he declined to say the U.S. had betrayed Ukraine or other European partners. 

“I don’t know yet if we can call it betrayal, but I would call it a mistake,” he said. “Because … it’s now giving Russia a new hope: New hope that they can disregard Europe, they can disregard Ukraine, they can focus on making a deal with the United States, potentially with China, and arranging all things up to their priorities and strategies. I believe that it’s clearly against our interest in Europe.”

Pavel also didn’t rule out a future in which European countries would buy Russian oil, but added that it “will take time” before that happens. 

“If one day Russia is a country respecting other countries’ sovereignty and borders, why not have regular business with such a country? But Russia is not there yet,” he said. 

The Axel Springer Global Reporters Network harnesses the resources of the company’s newsrooms to publish ambitious scoops, investigations, interviews, opinion pieces and analysis. It allows journalists — including those from POLITICO, Business Insider, WELT, BILD, The Telegraph, Onet and Fakt — to collaborate on major stories for an international audience of hundreds of millions across platforms: online, print, TV and audio.

Far-right Italian general hunts the manosphere vote

22 October 2026 at 04:00

ROME — Former paratrooper General Roberto Vannacci portrays himself on social media as a Roman legionary and charioteer. He has declared he prefers women “without skirts” and posted an AI-generated image of a female junior minister with exaggerated cleavage.

None of these projections of masculinity and anti-woke culture are clumsy gaffes. The insurgent far-right star of Italian politics is making a deliberate play to the so-called manosphere to transform himself from an internet provocateur into a heavyweight political force.

For Italy’s first female prime minister, Giorgia Meloni, Vannacci now poses a serious problem as she needs to decide whether he is an asset or a liability. With elections expected next spring, his National Future party is polling at about 8%, making him a potentially crucial factor in building a right-wing coalition.

“It is disgusting to think you can manipulate the image of a woman for such deplorable propaganda,” the center-right junior minister in Meloni’s coalition whose image was manipulated, Matilde Siracusano, told POLITICO.  “I don’t think we have ever sunk this low, especially from someone aspiring to be a national political leader.”

Vannacci’s provocations may look like familiar trolling from a politician who has built his reputation on saying the unsayable. But behind them lies a broader political project, tapping into the grievances of young men who feel alienated by feminism and progressive culture.

Emanuele Pozzolo, a National Future parliamentarian who defected from Meloni’s Brothers of Italy, believes young men have become increasingly constrained in their relationships with women.

“I think young Western men are very often almost castrated in their instinct for dealing with women,” he said, arguing that even legitimate romantic approaches risk being treated as aggression. 

“The cultural problem is that sometimes everything seems to be harassment, everything abuse, everything violence,” he added, while stressing that genuine abuse must be punished.

Mediterranean patriarchy

Vannacci combines inflammatory online messaging and an alpha-male persona with a political program that promises to restore traditional roles for men and women. National Future even has a name for its preferred social order: “Mediterranean patriarchy.”

Its political program calls for the formation of “strong men” capable of controlling their emotions and passions, protecting women and sacrificing themselves for society. It opposes the recently introduced crime of femicide, condemns feminism, and declares the defense of life “from conception to natural death” and the “natural family” among its non-negotiable values.

The architect of this vision and principal author of the program is Lorenzo Gasperini, a conservative Catholic philosophy teacher from Tuscany, who has opposed vaccines and abortion rights on social media and blamed feminism for violence against women.

The result is a political offering that combines different traditions: conservative Catholic ideas about family and sexuality, older Italian ideas of virility and the much newer online politics of male grievance.

Giorgia Meloni speaks at a press conference in Prague on Sept. 29, 2026. | Milan Kammermayer/AFP via Getty Images

The manifesto seeks to put traditional family values into practice with proposals to pay parents who leave work to raise children, and reward parents of large families with tax exemption and public sector jobs.  

Some proposals echo Benito Mussolini’s fascist-era “Battle for Births,” which offered similar incentives while promoting motherhood as a patriotic duty.

Luca Sforzini, a former Vannacci ideologue who has since broken with him, said the Mediterranean label was a clever piece of marketing.

“It’s like talking about the Mediterranean diet,” he told POLITICO. “You think of Italian food, mozzarella, tomatoes, olive oil.” The result, he said, was to conceal a patriarchal model with men above women behind “bucolic, positive images. It’s monstrous,” he said.

Pozzolo rejected the suggestion that the program advocates for male supremacy.

“It is exactly the opposite,” he said. “When we talk about Mediterranean patriarchy, the main idea is to recover, preserve and pass on the responsibilities of being a man within the family and society.” Men, he argued, had a duty to show women respect, love and protection, while rejecting violence or coercive control.

He defended the “without skirts” remark as “extremely funny” — picking up on a reference to Deputy Prime Minister Antonio Tajani advocating long skirts — and not remotely offensive, comparing Vannacci’s ability to connect with ordinary Italians to Silvio Berlusconi’s. 

At a recent rally in the Umbrian city of Orvieto, Vannacci defended the Mediterranean patriarchy concept as not “oppression and possession” but “duty, fidelity, sacrifice,” and said it was the family model that had allowed “us to prevail over the last 2,000 years.”

Elisa Ercoli, president of the women’s rights organization Differenza Donna, condemned the program as “a return to the supremacy of the white, cisgender alpha male, and the woman as his handmaiden.”

Appealing to alphas

Vannacci, who served in Iraq and Afghanistan, became a media sensation in 2023 with the self-published book “The World Upside Down,” a broadside against immigration, feminism and homosexuality. In it, he told gay people: “You are not normal, get over it.”

Lionized by fans as a defender of common sense against progressive politics, he received more than half a million votes as a candidate for the anti-immigration League in the 2024 European elections, before founding National Future in February.

Polling analysis suggests that about 62% of National Future’s prospective voters are male, including strong support among manual workers and the unemployed.

Vannacci speaks during the National Future’s constituent assembly in Rome on June 14, 2026. | Filippo Monteforte/AFP via Getty Images

Pozzolo denied National Future was deliberately targeting male voters, insisting the party’s ambition was to reach Italians of all backgrounds who felt unrepresented.

Federica Formato, a lecturer at Brighton University in the U.K., who studies gender and the far right, said Vannacci was “testing the waters” to see whether he can reach a younger male audience, tapping into what she described as the “aggrieved entitlement” of young men.

A career soldier, he has repeatedly portrayed himself through images of physical strength, competition and military prowess. On social media, AI-generated versions proliferate of Vannacci as an ancient Roman in scenes recalling the Ridley Scott epic Gladiator.

For Formato, the Roman imagery projects “virility and hyper-masculinity,” while Vannacci’s army background itself helps construct the image of an “alpha male.”

Humor, memes and deliberate provocation are particularly effective with a younger online audience, Formato said, allowing relatively complex ideological messages to be reduced to instantly comprehensible images. “He is not naive,” she said. “He says things to provoke and get more attention.”

That presents Meloni with a headache. Vannacci’s party is drawing voters from her Brothers of Italy and Matteo Salvini’s League, while offering a more uncompromising platform on immigration, social issues and foreign policy.

Yet Vannacci has opened the door to an alliance with Meloni if she needs his votes. He has described National Future as a natural partner for the center-right, while insisting that any deal must respect his party’s principles. With Italy’s new electoral law offering a parliamentary majority bonus to coalitions winning at least 42 percent of the vote, those votes could matter.

That presents Meloni with an uncomfortable choice: Keep Vannacci outside the coalition, or bring into her government a movement whose appeal rests partly on the grievances of men who believe feminism has gone too far.

For Formato, Vannacci is exploiting a space in Italian politics that has so far lacked a figure capable of turning those grievances into an organized political constituency.

Vannacci, with his promises to restore traditional masculinity, appears determined to occupy it.

“There is an empty chair,” she said.

AfD’s Alice Weidel urges quick Ukraine talks and a return to cheap Russian energy

21 October 2026 at 22:53

Alice Weidel, co-leader of the far-right Alternative for Germany party, told European lawmakers on Wednesday that Russia and Ukraine need to negotiate a peace deal, while insisting that German businesses require access to cheap Russian energy to remain competitive.

“It isn’t about capitulating to Russia, far from it, absolutely not, but we want people to sit down around the table. It’s high time they did, and went into it with a sensible diplomatic approach, making sure we pay due regard to the interests of both Ukraine and Russia,” she told a press conference.

Four and a half years since Russia launched its war on Ukraine, President Donald Trump is pressing Kyiv to negotiate with Moscow, while Russian President Vladimir Putin agreed on Wednesday to resume trilateral talks with Ukraine.

Weidel made the comments during a visit to the European Parliament in Strasbourg, where she unveiled her opposition AfD party’s EU program at an event organized by the far-right Europe of Sovereign Nations group.

The party aims to shrink the Commission, turn the European Parliament into an assembly of delegates appointed by national parliaments, and seek an opt-out for Germany from EU policies it can’t reform to its liking — potentially including an exit from the Schengen border-free travel area, she told reporters.

During an event following the press conference, Polish MEP Tobiasz Bocheński, from the right-wing European Conservatives and Reformists group, asked what she thought of Poland’s fears regarding Russia. Weidel said her party “puts German interests first,” insisting that “now we are in a critical phase that our industry is dying without Russian gas and oil.”

Germany needs “a sustainable, reliable and cheap energy resource that has been guaranteed by Russia for the last four decades,” she added, claiming that sanctions on Russia have “destroyed” Germany’s “business model.”

German industry is shedding jobs amid high energy costs, Chinese competition and U.S. tariffs, while Chancellor Friedrich Merz continues to push for reforms to revive a stagnant economy.

Weidel said that Russia, the U.S. and China are the only ones steering talks on Ukraine while European leaders aren’t even invited to sit at the table. The EU should have pushed for peace since the start, she added, as “four years down the road, it’s in a much worse position going into negotiations with Russia.”

EU countries are discussing who should represent them at the negotiating table. European leaders have repeatedly said that any decision on a peace deal must involve Ukraine and must include security guarantees.

Asked whether she was in contact with France’s far-right National Rally to repair ties, Weidel said the AfD was “pragmatic.” The French party broke with the AfD in 2024 and later helped shut it out of the far-right Patriots group amid concerns about its extremism and stance on Russia.

“We need to work together on a European unique level, and therefore we need to be in talks and discussions,” Weidel said, adding: “And we are.”

Russia energy sanctions will stay despite US diesel deal, von der Leyen says

21 October 2026 at 11:31

STRASBOURG — The EU will not ease sanctions on Russian fossil fuels even after the U.S. struck a diesel deal with Moscow, European Commission President Ursula von der Leyen said Wednesday morning.

In a speech to EU lawmakers, she warned “Russia is not a trusted supplier of energy because it would, this is our experience, at any time weaponize energy dependencies to blackmail others,” arguing it was Russia that cut gas supply to Europe. “That is a lesson Europe certainly will not forget.”

Earlier this month, U.S. President Donald Trump announced an agreement with Russian President Vladimir Putin to ease sanctions on imports of diesel fuel until April 2027, as global oil prices surge. 

A few days later, Trump defended the deal, arguing the EU had also purchased billions in fossil fuels from Moscow, without providing further details. 

Von der Leyen also addressed the trade imbalance with China.

She confirmed that the European Commission would present a new deterrent tool as soon as December. This tool is expected to be based on the one proposed by Berlin and Paris earlier this month and would empower the EU executive to restrict or even ban imports from countries seen as distorting the single market. It would require minimal consultation from member states, allowing faster action from Brussels.

This instrument would come alongside a diversification instrument and a solidarity mechanism which are already in the works.

“We see jobs lost in our industrial heartlands,” von der Leyen said, adding that the EU will continue to seek deals with Beijing after an agreement to cap Chinese hybrid imports. As POLITICO reported last week, the EU is expected to prioritize chemicals and industrial machinery in its efforts to protect European industry from Chinese competition.

Camille Gijs contributed to this article.

Europe’s conservatives have 2 new targets in their campaign to weaken EU climate laws

20 October 2026 at 21:15

BRUSSELS — Center-right lawmakers in the European Parliament are intensifying efforts to weaken two EU climate laws, a campaign that could undermine the bloc’s push to cut planet-warming emissions.

The European People’s Party, the largest group in Parliament, will this week push for a three-year delay to rules on emissions of the climate pollutant methane, a change the fossil fuel sector and the U.S. government have lobbied hard for.

A growing number of EPP lawmakers now also want to delay — or scrap altogether — a new carbon price on transport and heating, known as ETS2, according to a document obtained by POLITICO. That puts them in line with several EU member countries, including Italy and Poland, which pushed for a delay to the new carbon price at a meeting of EU leaders in Brussels last week.

Both policies are central pillars in the EU’s effort to reduce its planet-warming emissions. A successful repeal of ETS2 in particular would be a blow to EU climate goals, as it covers around 40% of the bloc’s greenhouse gas emissions.

But it would also be a major victory for conservative and pro-business lawmakers and national governments that have been campaigning for less stringent EU climate laws in the name of industrial competitiveness.

Ax the tax

The EU Emissions Trading System, launched in 2005, requires power plants and factories in sectors like steel, chemicals and cement to acquire carbon allowances for every ton of carbon they emit. The total number of allowances is reduced each year, eventually reaching zero.

ETS2 applies the same idea to suppliers of fuel for transport and heating from 2028.

The cap-and-trade scheme will be a powerful tool for reducing emissions from these highly polluting activities. But many policymakers worry it will raise the cost of gasoline, diesel and natural gas and add to voters’ cost-of-living pressures.

Nine national delegations of the EPP — the Polish, Spanish, Italian, French, Romanian, Croatian, Slovenian, Slovak and Estonian — are now calling for ETS2 to be repealed, according to draft amendments obtained by POLITICO. “ETS2 should be deleted,” the amendment, sponsored by Polish EPP lawmaker Adam Jarubas, argues.

Another amendment in the same draft, backed by 10 national delegations, takes a softer approach and asks for ETS2 to be “postponed until 2031.”

EU legislators are already reviewing a proposed reform of the EU’s original Emissions Trading System, which makes amending ETS2 — which is contained in the same legislation as the first ETS — much simpler.

No majority in Parliament or among member countries currently supports delaying or repealing ETS2, but a string of elections next year raises the likelihood that more right-wing governments will be in power before ETS2 comes into force, adding momentum to the push to scrap or delay it.

Methane delay

Last week, the European Commission, the EU’s executive arm, proposed a year-long delay to rules that will require oil and gas importers to monitor, report, and eventually reduce emissions of the potent greenhouse gas.

The delay — which affects monitoring requirements and later obligations on methane intensity — followed months of lobbying from industry and member countries, which claimed the Commission provided insufficient clarity on how to comply. The U.S. government also pushed to delay the rules, which are currently due to come into force on Jan. 1, 2027.

But the proposed delay requires support from both governments and lawmakers, some of whom want to go well beyond the Commission’s revised timeline.

On Tuesday, European lawmakers voted to fast-track parliamentary discussions around the Commission’s proposed delay, laying the groundwork for a fresh vote Thursday. At that vote, the EPP is expected to campaign for a three-year delay of the rules, as well as possible further adjustments, according to one lawmaker familiar with the matter.

Dimitris Tsiodras, a European lawmaker, echoed industry concerns that compliance risks could deter cargoes from Europe if left unaddressed. “We cannot afford to put our energy supplies at further risk,” he told lawmakers.

Right-wingers against the rules will still face opposition from left-leaning lawmakers. Jutta Paulus, a German Greens lawmaker who steered the parliament’s position on the legislation in 2024, announced on Tuesday that her party would table an amendment to reject the delay altogether.

However, the EPP could reach an outright majority if it joined with right-wing and far-right groups.

The party is already exploring a deal with those groups if the Socialists and Democrats — the Parliament’s second-largest group — don’t cooperate with its push for a longer postponement, according to two people familiar with the matter. S&D lawmakers opposed extending the delay earlier this month, but a group spokesperson said the party has yet to adopt a formal position in negotiations.

A parliamentary push for a three-year delay could also invigorate member countries’ efforts to delay the rules further.

Member countries are currently divided, though many, including heavyweight France, support the one-year delay proposed by Brussels, according to two diplomats briefed on the matter.

Poland, Slovakia and Czechia, meanwhile, would prefer a three-year delay, but their luck in campaigning for an extension may depend on where Germany lands, the people said. Berlin is currently split between its socialist-controlled environment ministry and its center-right-controlled energy ministry, leaving countries uncertain whether they can formulate a joint position tomorrow, they added.

Italy is also trying to decide whether to opt for one year or more, two diplomats familiar with the matter said.

5 things the EU wants to change about its Arctic policy

20 October 2026 at 18:47

BRUSSELS — The European Union is beefing up its presence in the Arctic to catch up with neighboring powers carving new trade lanes and drilling for resources under the melting ice.

On Tuesday, the EU unveiled a new plan called Northern Neighborhood. It’s meant to prepare for rising military and commercial activity in the north driven by climate change, and calls for new transport, research and security infrastructure in the region.

“The Arctic is one place where the tectonic plates of geopolitics are colliding. And it’s not someone else’s frontier. It’s part of the European Union,” Commission President Ursula von der Leyen declared as she unveiled the strategy.

She pointed to Russia’s expanding military footprint and the race for emerging shipping routes and critical resources as forces reshaping Europe’s security and economic future.

Climate change is dramatically affecting the Arctic. Planet-warming emissions are making the ice melt faster, disrupting the region’s fragile ecosystems. But where the ice is disappearing, countries like China, Russia and even Canada see an opportunity.

The EU is now scrambling to update its existing policies on the Arctic — once largely focused on environmental protection — to give more importance to security, shipping and extracting resources.

The strategy calls for a rebranding of the EU’s existing partnerships with Norway, Iceland, Canada and the U.K., backed by regular summits to set joint priorities and launch projects.

Here are five things Brussels wants to change about its Arctic policy.

1. Defense and security 

The strategy warns that Russia is rebuilding its military presence in the Arctic and that China has growing strategic ambitions in the region.

The EU plans to set up a pilot research project using satellite and maritime observation in 2027 and share ship-tracking data to help identify Russian shadow fleet vessels.

In the longer term, it wants EU countries to lead on a maritime security hub to pool intelligence on threats ranging from undersea cable sabotage to illegal fishing. It also calls for setting up an Arctic Cable Hub alongside NATO to monitor and protect subsea cables in the North Atlantic and the Arctic. The strategy lacks any information on funding for these projects, however.

Finnish MEP Mika Aaltola of the European People’s Party said the new focus on the Arctic is long overdue.

“Europe hasn’t been thinking about [the Arctic] enough,” Aaltola said. “Because of the ice melting and climate change, it’s becoming kind of the next great game. And if that happens, then what are the European positions when it comes to Russia, China and also the United States?”

2. Access to energy resources

The new policy sticks with EU promises not to drill for fossil fuels in the Arctic.

“The EU remains committed to ensuring that oil, coal and gas stay in the ground, including in Arctic regions,” it reads. Instead, Brussels promises to develop renewable energy projects in the region but drops an old commitment to convince the rest of the world to follow its lead. 

“It is good that the Commission maintains its opposition to oil and gas drilling in the Arctic,” said Delara Burkhardt, a Socialist MEP, but not pressing for a global ban “weakens the EU’s ability to push for stronger international protection and leaves the door open for other countries to exploit one of the world’s most fragile ecosystems.”

The EU’s former Arctic policy — drafted in 2021 — committed the bloc to pursuing an international moratorium on Arctic oil and gas extraction. 

Norway — which supplies a lot of energy to the EU — has made it clear it would still drill in the Arctic regardless of the bloc’s position.

3. Critical raw materials 

The EU is under pressure to secure new supplies of critical raw materials to reduce its dependency on China.

The new strategy says it will continue working with Canada, Greenland, Norway and the United States to develop critical raw materials projects in the region, but insists it will do so while following the “highest social, environmental and governance standards,” and work to the “benefit of local communities in respect of Indigenous Peoples’ rights.” 

Brussels has already labeled several critical raw materials projects, including the Sokli project in Finland and the Per Geijer rare earth deposit in northern Sweden, as “strategic” under EU law, which means they could benefit from faster permitting procedures.  

But some of these projects face serious local resistance from local and indigenous communities, who say the mining plans threaten reindeer herding and protected ecological sites. 

4. New trade routes

Melting ice is opening up new shipping routes in the far north, and the EU is worried that it could be sidelined from the region. But the strategy offers little on that front; its only action is a study on new shipping lanes.

The number of vessels operating in the area covered by the Polar Code — international regulations covering shipping in the Arctic and Antarctic — rose by 40% between 2013 and 2025, while the total distance sailed nearly doubled, said Michael Kingston, a special adviser on polar issues to the Arctic Council on marine protection.

Recent transits by Chinese and South Korean container ships using the Northern Sea Route running along Russia’s Arctic coast show the appeal of a route that is about 20 days faster than conventional routes, he added. 

“Russia builds the infrastructure, China facilitates and funds some of it,” Aaltola said, calling it part of a “grand bargain” between the two.

He complained that the EU is left on the sidelines. “When it comes to the Arctic, there is a vacuum of interest, and there’s also a vacuum of resources and institutions participating.” 

The route is still mostly seasonal for Russian oil and gas tankers, said Ksenia Vakhrusheva, project manager and Arctic project adviser at the environmental group Bellona. Ice, unpredictable weather, increased insurance costs and Moscow’s control over the route make it unlikely to become a mainstream commercial corridor anytime soon, she added.  

Europe also has leverage as the final customer for Chinese shipments, Vakhrusheva said.

“If the EU sends a strong message to China that they do not want goods shipped via NSR, China won’t use this route for transit,” she said. “For NSR to become a valid transit route you need two sides,” she said, “a seller on one side and a buyer on the other.” 

5. Environmental protection 

The strategy is light on measures to shield the Arctic from the impact of global warming. However, it does warn that increased shipping in an “inherently harsh and poorly charted environment” raises the risk of “catastrophic accidents, severe marine pollution” and hybrid interference.  

“Increased shipping in the Arctic both exploits this vulnerability and exacerbates it,” said Dave Walsh, an adviser at the Clean Arctic Alliance NGO, citing carbon emissions, wastewater discharge and noise as some of the impacts of more traffic.

Safety and the environment have not been a priority for Moscow, said Vakhrusheva, and a shortage of high ice-class ships combined with the need to sell oil and gas “to whoever is ready to buy it” raises the risks. 

Protections such as a ban on heavy fuel oil are still negotiated at the International Maritime Organization, where the EU is a key player, she said, adding that such measures will push up the cost of Arctic shipping. 

The strategy says Brussels will push at the IMO to turn measures to limit black carbon — soot emitted by ships that falls on snow and ice and accelerates melting — from voluntary guidelines into binding rules.

It also calls for expanding the definition of Arctic waters to everything north of 60 degrees latitude, replacing the current boundary, which excludes much of the waters around Iceland and Norway from special Arctic shipping rules.

It also promises to keep pressing for compliance with the Polar Code through tools such as an IMO regulation that involves national maritime authorities inspecting foreign-flagged ships in Arctic ports to verify compliance with international safety, environmental and crew-qualification standards. 

The document includes non-binding commitments on biodiversity loss and plans to boost ocean and Arctic research programs. It also promises to launch an “initiative to promote local public and private investment in the Arctic around blue economy sectors.” 

Jakob Weizman contributed reporting.

Ryanair’s O’Leary warns of ‘biggest increase’ in EU airfares next year

20 October 2026 at 13:59

BRUSSELS — High jet fuel prices could trigger “the biggest increase in airfares, I would say, in history in Europe” next year, Ryanair CEO Michael O’Leary told reporters Tuesday.

If fuel prices remain twice as high as before the U.S. war against Iran, O’Leary warned ticket prices could rise by up to 20%.

Hedging contracts have locked in fuel prices for much of airlines’ consumption so far. This has helped European carriers avoid sharp ticket price increases, despite jet fuel prices more than doubling following disruptions to shipping through the Strait of Hormuz since the war in the Middle East began.

But O’Leary said most European airlines lack significant hedging next year. “As we go out into next year, we’re only 15% hedged at $85 a barrel. Basically, we’re unhedged into the summer of 2027,” O’Leary told POLITICO in an interview ahead of a press conference in Brussels.

Ryanair’s hedging contracts expire in April 2027. “We will still be profitable, although less profitable than currently, if oil prices remain high,” he said.

O’Leary warned that fewer available seats and higher fares could become the new normal as more airlines face financial struggles. “You’re going to see dramatically less capacity this winter and into the summer of 2027.”

Ryanair itself is cutting 20 routes from Belgium this winter as a response to an increase in national aviation taxes, from €2 in 2025 to €7 from January.

The fuel price hike is also intensifying the airline sector’s opposition to EU climate policies, which many carriers argue are adding to their already rising operating costs.

Ryanair had long advocated extending the EU’s Emissions Trading System to all flights to and from the EU, a call O’Leary reiterated on Tuesday.

“It’s indefensible that … Europe’s citizens are paying all these environmental taxes, while the Yanks, the Asians and the Chinese land and take off in Europe completely exempt from their fair share of environmental taxes.” He added that Ryanair would pay €1.5 billion in ETS compliance costs in 2026.

He argued that the ETS should also cover long-haul services operated by European rivals such as Lufthansa and Air France-KLM.

“And why not? Those are the most expensive flights in the world. They’re also the most profitable flights they have, because they’re exempt from Europe’s bullshit environmental taxation,” O’Leary said.

The EU currently applies the ETS to aviation emissions from flights within the European Economic Area, as well as flights to Switzerland and the U.K. The European Commission proposed last summer to extend carbon pricing, starting in 2029, to flights departing the EU for destinations within 5,000 kilometers of Frankfurt Airport, including to North Africa and the Middle East.

The proposal would affect Ryanair’s flights to destinations such as Morocco, while continuing to exempt most long-haul services operated by other airlines to more distant destinations like the U.S. and China.

Ukraine strikes oil facility in St. Petersburg as part of ‘massive’ drone attack

18 October 2026 at 12:40

Ukraine struck an oil terminal in St. Petersburg Sunday morning in what Russian state media called “one of the biggest drone attacks of the year.”

Alexander Beglov, governor of St. Petersburg, said on Telegram Sunday that the city underwent a “massive” overnight attack from Ukrainian drones. “The Ministry of Emergency Situations continues to extinguish fires at the Petersburg Oil Terminal, the Ruchyi oil depot, and industrial warehouses in the Kolpino district,” he said, adding that one person died and several others were injured in the incident.

The drone strikes come as Kyiv and Moscow ramp up attacks on each other’s infrastructure. Ukrainian President Volodymyr Zelenskyy said last week he had ordered the resumption of strikes on Russian oil refineries following a three-day pause after U.S. President Donald Trump declared he had brokered an energy ceasefire between Ukraine and Russia.

Trump repeatedly urged Ukraine to halt its attacks and blamed the country for rising fuel prices — while also calling for Zelenskyy to be replaced as president.

Writing on X Sunday morning, the Ukrainian president highlighted Moscow’s continued attacks on Ukraine. “In total, over this past week, the Russians have attacked Ukraine with almost 2,700 attack drones, 1,700 aerial bombs, and 66 missiles, most of them ballistic,” he wrote, adding that the U.S. “should see that Russia is not taking any reciprocal steps in response to sanctions relief or agreements.”

Separately, Vilnius said that a suspected drone may have self-detonated in Lithuania while on a flight path toward Latvia Sunday morning. A spokesperson for the Lithuanian armed forces said NATO air defense mission fighter jets were scrambled in response to the incident near the Latvian border.

The provenance of the suspected drone is unclear, but Robertas ​Kaunas, Lithuania’s defense minister, said the object was likely a ​drone which had entered the country from Poland, adding that he had proposed a ⁠joint investigation with his Polish counterpart.

Police searches are also underway in eastern Poland after reports of an unidentified object entering the country’s airspace following a Russian attack on Ukraine.

Scottish government set to drop opposition to new oil and gas fields

16 October 2026 at 17:40

ABERDEEN — The SNP-led Scottish government is set to drop its long-standing opposition to new oil and gas exploration in the North Sea.

Two senior members of the Scottish government — granted anonymity to discuss a strategy not yet ready for publication — told POLITICO the government will revise its energy plans to take a more pro-oil and gas exploration position.

Tests on compatibility with the government’s climate targets will remain, but Scotland will no longer begin from a position of opposition to new oil and gas projects. The move marks a major change in the Scottish government’s energy policy.

The Scottish government — led by the SNP since 2007 — released a draft energy strategy in 2023 which set out its “presumption against” new oil and gas fields in the North Sea.

That draft strategy is “out of date,” one senior Scottish government official said. They said a new strategy, expected by the summer, will not contain this wording. A second person with knowledge of the policy said the new strategy will “reflect the world as it is.”

The shift in policy comes with the U.K. government widely expected to give the go-ahead to the Jackdaw gas field next week.

While the Scottish government has little power over the granting of new licenses for projects such as Jackdaw or the Rosebank oil field — where a decision is expected to come separately and at a later date — it has an important symbolic role, and can apply pressure to the U.K. government to approve licenses. 

SNP politicians at the party’s conference in Aberdeen privately admitted the stance on Jackdaw has hurt the party electorally. 

The party passed a resolution at its conference Friday which stated that the “utilisation of domestic production” of oil and gas is “clearly preferable to importation”. This was seen as a further softening of the position of the SNP — which governed in a quasi-coalition with the anti-exploration Scottish Greens until as recently as 2004.

This resolution, which changes the party’s official policy, will be used as the government writes its new energy strategy, the two people quoted above said.

In the summer, the SNP lost a key parliamentary by-election in Aberdeen to the pro-drilling Conservative Party, where their North Sea messaging was a key focus. “It was bruising ,” the official quoted above said. “But we’d been shifting our position for a while.” 

Speaking in the debate at the party’s conference Friday, the defeated SNP candidate in that by-election said the victorious Conservatives had hung the words ‘presumption against’ around “our necks lie an albatross.”

”We need to put to bed any suggestion that our party, or our government, supports a ‘presumption against’,” Richard Thomson said. 

Von der Leyen floats EU ‘strategic reserves’ for gas amid winter supply fears

15 October 2026 at 18:53

BRUSSELS — European Commission President Ursula von der Leyen wants EU leaders to look into the idea of developing bloc-wide strategic gas reserves amid concerns the continent faces a winter shortage, three diplomats and two EU officials told POLITICO.

Europe’s existing gas storage caverns — which are typically refilled over the course of the year by commercial actors — are running at record lows this year after high summer prices linked to the war in Iran undercut market incentives to restock, leaving the bloc underprepared for winter.

While it wasn’t immediately clear to diplomatic officials what form the reserve idea would take, one senior EU official described it as a long-term measure to cushion the bloc against future supply risks, as countries already do with oil and refined products. The Commission president’s comments came at a major summit of European leaders in Brussels on Thursday.

Documents detailing November plans to revamp the bloc’s gas security architecture, seen earlier this year by POLITICO, include plans to encourage better crisis management by companies. However, they stop short of explicitly endorsing strategic reserves that governments would have to fill to a set level to offset supply shortages, regardless of market conditions.

Countries that typically rely on commercial refilling have already been forced to change tack this year as the limits of the existing model became clear. The Netherlands has moved to subsidize energy purchases, costing it almost €1 billion, while Germany is exploring whether to develop its own strategic stockpile.

A separate Commission proposal to set up an EU-wide mechanism to carry out joint energy purchases was received without enthusiasm by EU leaders on Thursday, two diplomats said.

How Russia plans to revive its ties with Slovakia

15 October 2026 at 04:00

BRUSSELS — Slovakia is reviving a dormant cooperation forum with Moscow, putting Russia’s gas and oil supplies, nuclear fuel and the treatment of Russian athletes high on the agenda of their first such meeting in five years, according to a Russian government note obtained by POLITICO.

The note, written by Russian Science and Higher Education Minister Valery Falkov, says Slovak Foreign Minister Juraj Blanár agreed during an Aug. 20 video call to hold a meeting of the Russian-Slovak Intergovernmental Commission in Moscow.

Slovakia’s Prime Minister Robert Fico said Wednesday the meeting is scheduled for Nov. 25. The Russian note — which is dated Sept. 10 — initially set the date of the meeting as Oct. 26-27.

The IGC, which covers economic, scientific and technical cooperation, has been dormant since Russia’s full-scale invasion of Ukraine in February 2022. The last meeting was the commission’s 21st session, held in Bratislava on Nov. 12, 2021.

The meeting comes as Moscow finds openings in other international arenas. The U.S. has invited Vladimir Putin to December’s G20 summit in Miami, while the International Olympic Committee has provisionally lifted its suspension of the Russian Olympic Committee and urged sports bodies to ease restrictions on Russian athletes.

Asked about the purported agenda for the IGC, the Slovak foreign ministry directed POLITICO to Blanár’s public statements after the Aug. 20 call. “We pursue a policy in all directions and maintain dialogue with all countries that are interested in pragmatic cooperation with us for the benefit of the Slovak Republic’s national interests,” Blanár said at the time.

The Russian foreign ministry did not respond to a request for comment.

The renewed push for warmer Slovak-Russian relations follows Fico’s May 9 visit to Moscow, where he met Russia’s President Vladimir Putin during Victory Day commemorations. It comes after Viktor Orbán’s defeat in Hungary’s April election, which cost Putin one of his closest partners in Europe and forced him to look elsewhere for EU allies.

Months before losing the election to Péter Magyar, Orbán rebooted the Russian-Hungarian Intergovernmental Commission on Economic Cooperation, which had been suspended for several years after the 2022 invasion. Magyar’s government did not confirm to POLITICO whether the commission would go ahead next year.

EU leaders, including Fico, will gather in Brussels on Thursday for a two-day summit focused on issues including energy prices and support for Ukraine, with the country’s President Volodymyr Zelenskyy expected to join them for a conversation on Friday.

Oil imports and cultural integration

In the August video call, Blanár raised Slovakia’s opposition to the EU’s phaseout of Russian gas imports and asked to discuss supplies at the Moscow meeting, according to the document, which POLITICO could not independently verify but bears the hallmarks of a legitimate Russian ministerial note. Slovak representatives also stressed the importance of continued Russian oil deliveries through the Druzhba pipeline and welcomed regular shipments of nuclear fuel for Slovak power plants, according to the note.

Slovakia remains heavily reliant on Russian oil and gas, and Fico has argued that ending imports would raise costs. When the two leaders met in Moscow on May 9, Putin said Russia would do everything to meet Slovakia’s energy needs.  

The agenda for the meeting next month reaches beyond energy, according to the document. The sides plan to explore working groups on culture, tourism, agriculture and environmental protection, and to discuss the status of the Russian Center for Science and Culture in Bratislava.

Falkov also records Blanár’s opposition to what the note calls the “discrimination against Russian athletes” at international competitions, noting the issue is to be discussed at the IGC meeting.

The International Olympic Committee lifted the suspension of the Russian Olympic Committee in July and said its previous recommendations restricting Russian athletes’ participation no longer applied. World Archery lifted restrictions on Russian athletes and officials in August. FIFA President Gianni Infantino has also called for Russia to be allowed back into international football.

The approach echoes Moscow’s recent effort to lock in closer ties with Orbán’s Hungary. Budapest and Moscow in December agreed on a 12-point plan to expand cooperation in areas including energy, trade and culture. The plan was signed by then Hungarian Foreign Minister Péter Szijjártó and Russian Health Minister Mikhail Murashko after talks in Moscow in December. The Slovak note points to a similar breadth of ambition.

The Kremlin’s outreach to Fico shows how Moscow can use energy ties to pull individual EU countries away from a united stance on Ukraine. Putin made a similar pitch in Washington last weekend: After a call with the Russian leader, President Donald Trump said Russia would supply diesel to U.S. and global markets to bring down fuel prices. The deal would provide revenue to Moscow while weakening efforts to maintain a united front against the Kremlin.

But there are questions over whether Putin can follow through on his pledge to Trump. Ukraine has been stepping up drone strikes on Russian refineries, aiming to disrupt fuel supplies and cut revenue for Moscow’s war effort. Kyiv said this month that strikes had disabled 51 percent of Russia’s oil-refining capacity.

Cheesy Vegan Enchilada Skillet (30 Minutes!)

13 October 2026 at 10:00
Cheesy Vegan Enchilada Skillet (30 Minutes!)

Everything you love about enchiladas, minus the fuss! This super flavorful, cheesy vegan enchilada skillet comes together in about 30 minutes with simple methods, minimal dishes, and no need to fill or roll tortillas. 

This easy, nourishing dish features tender cubed sweet potato or winter squash, fiber- & protein-rich black beans, and a rich red enchilada sauce. Everything gets simmered in 1 pan and topped with a melty cashew “cheese” that makes it SUPER satisfying and delicious!

Cheesy Vegan Enchilada Skillet (30 Minutes!) from Minimalist Baker →

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