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UK withdraws ambassador to US over Epstein ties

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Peter Mandelson, the United Kingdom’s top diplomat in the U.S., was removed from his post Thursday, according to officials, over his ties to the late disgraced financier Jeffrey Epstein.

Stephen Doughty, the U.K.’s Minister of State for Europe, North America and Overseas Territories, made the announcement to the House of Commons, citing “additional information in the emails written” by Mandelson.

Doughty cited one message in which Mandelson said he thought Epstein’s 2008 conviction for soliciting prostitution from a minor in Florida “was wrongful and should be challenged.” Epstein, who died in a New York jail cell while awaiting trial on sex trafficking charges in 2019, pleaded guilty in the earlier case.

“The emails show … that the depth and extent of Lord Madison’s relationship with Jeffrey Epstein is materially different from that known at the time of his appointment,” Doughty said. “Mindful as we all are of the victims of Epstein’s appalling crimes, [Mandelson] has been withdrawn as ambassador with immediate effect.”

The firing comes after a U.S. House panel released a book gifted to the convicted sex offender for his 50th birthday in 2003, which included a 10-page note from Mandelson about their friendship. The so-called birthday book, compiled by co-conspirator and socialite Ghislaine Maxwell, also included notes attributed to President Trump, former President Clinton and other prominent people.

Mandelson’s note was accompanied by several photos of the two vacationing together and he referred to Epstein as “my best pal.”

After the book was released, the diplomat expressed regret over their ties in an interview with The Sun.

“One, I feel a tremendous sense, a profound sense of sympathy for those people, those women who suffered as a result of his behavior and his illegal, criminal activities,” he said. “And secondly, I regret very, very deeply indeed, carrying on that association with him for far longer than I should have done.”

Mandelson was a key player in the U.K.’s efforts to curry favor with Trump, which helped Britain land the first bilateral trade deal amid the White House’s sweeping tariff upheaval earlier this year. The ex-ambassador also spoke excitedly about the president’s upcoming visit in a recent interview with Breitbart News.

“The King is going to roll out the red carpet for President Trump,” Mandelson told the outlet. “I think it just shows how much our country respects the President, and I think it shows the closeness of our two countries.”

The Hill has reached out to the White House for comment.

US consumer prices rise more than expected, but a rate cut still coming

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NEW YORK (Reuters) – U.S. consumer prices rose more than expected in August while the annual increase in inflation was the largest in seven months, although the numbers will not prevent an interest rate cut from the Federal Reserve next week in the midst of a weakening labor market.

The Consumer Price Index rose 0.4% last month after increasing 0.2% in July, the Labor Department’s Bureau of Labor Statistics (BLS) said on Thursday. In the 12 months through August, the CPI advanced 2.9%, the largest increase since January, after climbing 2.7% in July.

MARKET REACTION

STOCKS: U.S. stock futures extended gains after the data.BONDS: U.S. Treasury yields slipped, 10-year yield last flat on the day at 4.028%.FOREX: The dollar index slipped, last at 97.75.

COMMENTS:

OLIVER PURSCHE, SENIOR VICE PRESIDENT, ADVISOR, WEALTHSPIRE ADVISORS, WESTPORT, CONNECTICUT:

“The slightly elevated CPI and core CPI being in line with expectations reinforces the notion that the Fed is going to cut rates next week. The higher unemployment filings suggest there’s a possibility it could be 50 basis points as opposed to 25… although I think that’s still only a remote possibility. But it certainly seems like ‘bad news is good news’ is back.”

BRIAN JACOBSEN, CHIEF ECONOMIST, ANNEX WEALTH MANAGEMENT, BROOKFIELD, WISCONSIN: (VIA EMAIL)

“There’s nothing to see here, at least to inform what the Fed might do next week. Shelter price inflation is still the big driver of services inflation and we know the Fed pretty much ignores that component. Goods price deflation turned to inflation, but it’s a slow simmer higher instead of a raging fire.”

“Retirees are going to start caring about the inflation numbers because Social Security benefits are indexed to the change in prices during the third quarter. So far, that looks like a 2.7% cost of living adjustment for 2026. This illustrates why retirees should care a lot about the integrity of the BLS data. If there are political incentives to tilt the official readings lower, that has real dollars and cents consequences for many people. This also shows why the government would have a rough time trying to inflate its way out of its debt mess. More and more of government spending automatically increases with inflation.”

GARY SCHLOSSBERG, GLOBAL STRATEGIST, WELLS FARGO INVESTMENT INSTITUTE, SAN FRANCISCO:

“Inflation is firming, not as much as we expected earlier this year when those broad tariffs were first announced by the President, but it is firming nonetheless … in a way, that the market can digest it.””The market seems to be absorbing a number that all in all was pretty much in line with expectations.” “We’re still looking for a rate cut next week. We’re not looking for a jumbo cut as some had expected after the big downward revision to the jobs numbers and then we were still looking for another one or two cuts before the end of the year.”

Ireland threatens to withdraw from Eurovision if Israel participates

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The Irish state broadcaster RTÉ has said it will not take part in the 2026 Eurovision Song Contest “if the participation of Israel goes ahead”.

In a statement, RTÉ said that Ireland’s participation in the event “would be unconscionable given the ongoing and appalling loss of lives in Gaza”.

Ireland has won the contest seven times in total, most recently in 1996.

RTÉ will make a final decision once the Eurovision organisers, the European Broadcasting Union, makes its decision.

Slovenia’s national broadcaster, RTVSLO, has also said it will withdraw from the competition if Israel participates.

Spain’s Culture Minister Ernest Urtasun has said that his country may also not take part should Israel participate.

In a statement, RTÉ said: “It is RTÉ’s position that Ireland will not take part in the 2026 Eurovision Song Contest, if the participation of Israel goes ahead, and the final decision regarding Ireland’s participation will be made once the EBU’s decision is made”.

It added: “RTÉ is also deeply concerned by the targeted killing of journalists in Gaza, the denial of access to international journalists to the territory, and the plight of the remaining hostages.”

Live updates: Kirk slaying shakes nation as it prepares to remember Sept. 11

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The nation on Thursday marks the 24th anniversary of the Sept. 11 terrorist attacks, which killed 2,977 people in three locations.

Memorials will take place in the shadow of the brazen killing of political commentator Charlie Kirk, who was gunned down Wednesday on a Utah college campus. The shooting suspect remains at large. A person of interest was released from custody Wednesday night after questioning.

President Trump and first lady Melania Trump are set to attend a 9/11 event at the Pentagon at the time it was hit, 8:45 a.m. EDT. Later Thursday, he will attend the New York Yankees game in the Bronx.

Vice President Vance and second lady Usha Vance were initially scheduled to attend the ceremony at Ground Zero in Lower Manhattan, but will now travel to Arizona to pay their respects to Kirk’s family, NewsNation has learned.

Trump announced Kirk’s death on Wednesday afternoon, less than two hours after a gunshot struck him in the neck as he spoke at Utah Valley University. The “political assassination,” as Utah Gov. Spencer Cox (R) described it, of a MAGA movement shining star shook politicians on both sides of the aisle and devastated conservatives, in particular.

“All this violence cannot happen. Charlie Kirk was such an amazing guy,” Trump said in a statement to Fox News on Wednesday night. “It’s such a tragic day.”

Follow along for updates all day.

How To Earn $500 A Month From General Mills Stock Ahead Of Q1 Earnings

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With the recent buzz around General Mills, Inc‘s (NYSE:GIS) upcoming first-quarter report, set for release before the opening bell on Wednesday, Sept. 17, investors may be eyeing potential gains from the company’s dividends.

As of now, the packaged food company offers an annual dividend yield of 4.88%, which is a semi-annual dividend amount of 61 cents per share ($2.44 a year).

So, how can investors exploit its dividend yield to pocket a regular $500 monthly?

To earn $500 per month or $6,000 annually from dividends alone, you would need an investment of approximately $122,975 or around 2,459 shares. For a more modest $100 per month or $1,200 per year, you would need $24,605 or around 492 shares.

To calculate: Divide the desired annual income ($6,000 or $1,200) by the dividend ($2.44 in this case). So, $6,000 / $2.44 = 2,459 ($500 per month), and $1,200 / $2.44 = 492 shares ($100 per month).

Note that dividend yield can change on a rolling basis, as the dividend payment and the stock price both fluctuate over time.

How that works: The dividend yield is computed by dividing the annual dividend payment by the stock’s current price.

For example, if a stock pays an annual dividend of $2 and is currently priced at $50, the dividend yield would be 4% ($2/$50). However, if the stock price increases to $60, the dividend yield drops to 3.33% ($2/$60). Conversely, if the stock price falls to $40, the dividend yield rises to 5% ($2/$40).

Similarly, changes in the dividend payment can impact the yield. If a company increases its dividend, the yield will also increase, provided the stock price stays the same. Conversely, if the dividend payment decreases, so will the yield.

GIS Price Action: Shares of General Mills fell 0.7% to close at $50.01 on Wednesday.

Analysts expect the company to report quarterly earnings at 82 cents per share. That’s down from $1.07 per share in the year-ago period. General Mills projects quarterly revenue of $4.52 billion. Last year, it generated $4.85 billion, according to data from Benzinga Pro.

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What we know about fatal shooting of conservative US activist

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Students flee as Charlie Kirk is shot while speaking to a crowd of hundreds

Charlie Kirk, an influential conservative activist and a close ally of US President Donald Trump, was shot dead while speaking at an event at a university in Utah.

There is still a lot that is unclear about the incident but here is what we do know.

What happened?

Kirk, 31, who had been invited to speak at Utah Valley University (UVU), was seated under a white gazebo addressing a crowd of about 3,000 people in the quad, an outdoor bowl courtyard.

According to eyewitnesses and videos taken at the scene, he was responding to a question about gun violence at the time.

“Do you know how many transgender Americans have been mass shooters over the last 10 years?” an audience member asked.

“Too many,” replied Kirk.

The questioner then said there had been five in 10 years and asked Kirk how many mass shooters there had been in that time.

“Counting or not counting gang violence?” was Kirk’s reply.

Then a single shot rang out.

It was about 12:20 local time.

Kirk can be seen recoiling in his chair, with blood visible on his neck, before the terrified crowd starts running.

“I heard a loud shot, a loud bang and then I saw his body actually – in slow motion – kind of fall over,” one eyewitness told reporters.

“We all dropped to the ground, and I want to say we sat like that for about 30 to 45 seconds, and then everyone around us got up and started running,” said Emma Pitts, a reporter from Deseret News.

Aerial view of Utah Valley University campus showing several large, flat-roofed buildings arranged around open walkways and green spaces. In the bottom left of the image is a tiered outdoor seating area where Charlie Kirk was sat when he was shot. Toward the top right is the Losee Center, a large building with a visible rooftop where a person was seen. The two locations are approximately 130 meters (142 yards) apart. The campus layout includes interconnected paths between buildings and landscaped areas. Labels on the image mark the two key locations and the estimated distance between them.

Kirk was rushed to hospital in a private vehicle. Hours later, Trump confirmed his death on a post on Truth Social.

His wife Erika and their two young children were sat nearby watching him speak.

Getty Images Charlie Kirk speaking at a lectern while campaigning for Trump in 2024Getty Images

Charlie Kirk was a darling of the Maga movement and is credited with boosting young voter turnout

A manhunt for the suspect

Authorities say this was an assassination – but we don’t know yet who shot Kirk, or why.

Two people were arrested in the hours after the incident and later released. They have “no current ties” to the shooting, Utah officials have said.

“This shooting is still an active investigation,” the Department of Public Safety, which covers law enforcement in the state, said in its latest update.

A massive manhunt is under way for the shooter. The campus has been locked down and heavily-armed police are going door-to-door as part of the search, the BBC’s Regan Morris reports from the campus.

Law enforcement officials say the killer is believed to have fired the fatal shot from the roof of a building that is located near the courtyard where Kirk was speaking.

They say they are going through CCTV footage, and believe the suspect was “dressed in dark clothing”.

BBC Verify has been examining videos posted on social media, which people claim show a figure on the roof of a university building after the attack.

It was posted on X after the shooting, but we cannot verify when it was filmed.

The poor quality of the video makes it hard to determine what the dark shape pictured in it might be. Based on the building’s characteristics, the BBC was able to identify it as UVU’s Losee Center – a campus spokesperson has said the shot came from there.

The figure on the roof was approximately 130m (142 yards) away from where Kirk was sitting.

Watch: Video claims to show someone on roof at university where Charlie Kirk was shot

Who was Charlie Kirk?

Kirk was one of the most high-profile conservative activists and media personalities in the US, and a trusted ally of President Trump. He was a guest at Trump’s presidential inauguration and a regular visitor to the White House.

As an 18-year-old in 2012, he co-founded Turning Point USA (TPUSA), a student organisation that aims to spread conservative ideals at liberal-leaning US colleges.

He became known for holding open-air debates on campuses across the country, fielding rapid-fire questions in a signature “change-my-mind”-style – just like he was doing on Wednesday when he was shot.

His social media feed and daily podcast offer a snapshot of what he often debated – the issues ranged from gun rights and climate change, to faith and family values.

Witnesses describe scene before and after Charlie Kirk shot

Kirk had many critics who saw him as a divisive figure that promoted controversial and, at times, conspiratorial beliefs such as the false claim that the 2020 election was stolen from Trump.

But he also had his fans, for whom he was a champion of free speech. They credit him with playing a key role in convincing younger voters to turn out for Trump in last year’s election. He was valued within the Trump administration for his keen understanding of the grassroots Maga (Make America Great Again) movement.

What has the reaction been?

There has been shock, grief and anger across the political spectrum.

“The Great, and even Legendary, Charlie Kirk, is dead. No-one understood or had the Heart of the Youth in the United States of America better than Charlie,” Trump said in a statement on Truth Social.

“He was loved and admired by ALL, especially me,” the president added, ordering that all flags be flown at half-mast across the country.

Getty Images Kirk pictured shaking hands with Trump in December at an event by TPUSAGetty Images

Kirk pictured with Trump in December at an event by TPUSA

Former US presidents have offered their condolences. Joe Biden, Trump’s predecessor, said there is “no place in our country for this kind of violence”, while Barack Obama called the shooting a “despicable act”, and said his family was praying for Kirk’s loved ones.

Several key White House officials expressed their sorrow, including Health Secretary RFK Jr and Secretary of State Marco Rubio.

UK Prime Minister Kier Starmer offered his sympathy in a statement: “We must all be free to debate openly and freely without fear.”

Italy’s Prime Minister Girogia Meloni said the “atrocious murder” was “a deep wound for democracy” while Argentinian President Javier Milei paid tribute to Kirk as “a formidable disseminator of the ideas of freedom and staunch defender of the West”.

Is political violence in the US increasing?

In the first six months of this year, the US has experienced about 150 politically-motivated attacks.

That is nearly twice as many as over the same period last year, an expert told Reuters news agency.

Mike Jensen – from the University of Maryland, which for more than 50 years has tracked political violence in a database – said the US is in a “a very, very dangerous spot right now”.

“This could absolutely serve as a kind of flashpoint that inspires more of it.”

Kirk’s murder is the latest in a string of high-profile attacks against political leaders in the US, including two attempted assassinations on Trump during his 2024 election campaign.

The president was injured in the ear after he was shot at a rally in Butler, Pennsylvania, last July and authorities say they thwarted a second attempt on his life at his West Palm Beach golf course two months later.

From the Oval Office on Wednesday night, Trump said “radical left political violence has hurt too many innocent people”.

Comments like these – which he has made regularly – have stirred controversy. Critics say they neglect to acknowledge that the spate of violence is affecting left-leaning politicians too, and could incite further attacks against Trump’s political opponents.

Getty Images Gabrielle Giffords closes her eyes and rests her head against Nancy Pelosi's. Both are wearing white tops with silver jewellery, and Pelosi is wearing an orange scarfGetty Images

Gabrielle Giffords and Nancy Pelosi, both targets of political violence themselves, have condemned the attack

In June, Minnesota’s top Democratic legislator and her husband were murdered in their home.

In April, Pennsylvania governor Josh Shapiro’s house was burned in an arson attack, while the Democrat and his family slept inside.

Other incidents this year include politically motivated fire attacks on Tesla dealerships and the killing of two Israeli embassy staffers in Washington.

In 2022, the husband of then-House Speaker Nancy Pelosi was bludgeoned with a hammer after a man broke into the couple’s home looking for the top-ranking Democrat with the intention of taking her hostage.

“The horrific shooting today at Utah Valley University is reprehensible,” Pelosi said in a post on X on Wednesday.

Former US representative Gabby Giffords – who survived being shot in the head during a meeting with constituents in 2011 – also condemned the attack.

“Democratic societies will always have political disagreements, but we must never allow America to become a country that confronts those disagreements with violence.”

Putin's bid to destroy NATO

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Tuesday evening’s invasion of Polish airspace by 19 Russian drones — some by way of Belarus — was a repeat performance. It was different this time only because NATO aircraft responded, shooting them out of the sky.

The fact that the U.S. has 10,000 soldiers stationed in Poland apparently had no effect on Russian President Vladimir Putin’s decision. One can only conclude that U.S. boots on the ground in Poland have seemingly lost their deterrent value.

As Polish Foreign Minister Radek Sikorski said during a press conference, “Putin laughs at President Trump’s peace efforts.”

What is becoming evident is the message Russia is sending to NATO: Stop your support for Ukraine. Specifically, he wants to end the use of Poland’s Rzeszów-Jasionka airport to stage and fly NATO weapons and ammunition into Ukraine.

Shortly after the invasion, the U.S. built-up the small regional airport in southeastern Poland. According to the Financial Times, it soon became “the biggest hub for the transport of military equipment to Ukraine, as well as for the evacuation of wounded Ukrainian soldiers to hospitals across Europe.” It was defended by Patriot air defense systems.

But in April 2025, the Pentagon announced its decision to vacate the airfield, citing “cost-cutting” as the reason — temporarily halting shipments to Ukraine until Trump reversed the decision. This, coupled with the Trump administration’s decision last week to halt security assistance funds under Section 333 and the Baltic Security Initiative —  which helps finance the purchase of U.S. weapons, as well as ammunition, special forces training and intelligence support — may have helped green-light Putin’s decision.

Another element of the incursion was Russia’s probing the eastern flank of NATO to gather intelligence on their air defense networks, determine the composition and disposition of their launch sites and associated radars, and to measure response times for future operations. 

It could also serve as a Russian tool to create a division between Old NATO (Western Europe) and New NATO (Eastern Europe) — to fragment the NATO alliance by undermining its confidence in U.S. support.

Russian drones entered Polish airspace again Tuesday evening, only this time NATO aircraft responded and shot them down. Shortly afterwards, NATO Secretary General, Mark Rutte sent a message to Putin: “Stop the war in Ukraine. Stop the escalating war, which he is now basically mounting on innocent civilians and civilian infrastructure. Stop violating Allied airspace. And know that we stand ready, that we are vigilant, and that we will defend every inch of NATO territory.”

On the plus side, the NATO response was immediate, measured, and effective. Poland invoked Article 4 of the North Atlantic Treaty, and the incident will be brought before the North Atlantic Council for discussion; however, the bureaucratic speed of NATO will now be on full display. So will the reluctance of many NATO countries to confront directly an increasingly aggressive Russia.

Unlike Italian Prime Minister Giorgia Meloni’s postwar security concept for Ukraine, this discussion will not be completed in 24 hours, and the decision will not be unanimous.

It is unlikely that Hungary or Slovakia will support any action against Russia. NATO requires all members to agree on resolutions for them to pass. NATO decisions are made through a process of consensus, which means reaching an agreement supported by every member country.

That could leave Poland vulnerable. The Polish government has experienced this before. In September 1939, the United Kingdom and France, while declaring war on Nazi Germany, failed to come to Poland’s defense in what is now known as “The Phony War.”

Failure to gain consensus on Polish security could undermine confidence in the alliance — just as Putin may have envisioned. But it is not just Poland. It is all of NATO’s eastern flank.

On Tuesday, a Russian MI-8 helicopter entered Estonian airspace near the island of Vaindloo, in the Gulf of Finland — the third such incident this year. 

In July, two Russian Gerbera drones — one carrying more than 4 pounds of explosives — crossed into Lithuania from Belarus. In May, Finland alleged that two Russian aircraft violated its airspace.

Russian drones have also “crashed” in Romania, Moldova, and Croatia.

NATO needs a resurgence of American leadership. The U.S. must herd the cats — so that the alliance acts as one instead of as 32 member-countries seeking best individual outcomes. United we stand, divided we fall.

Yes, NATO aircraft shot down Russian drones over NATO territory on Wednesday, but will they be permitted to shoot down Russian aircraft that violate NATO airspace? Will they shoot down Putin’s ballistic missiles? 

Those decisions need to be made now, during the Article 4 proceedings — not when Russia inevitably escalates the situation even further. Pilots and operators of air defense systems need to know their rules of engagement now.

The Baltic States are prepared. Lithuanian Defense Minister Dovile Sakaliene confirms, “We are in a stance where we would be ready to shoot [them] down.”  Estonian Defense Forces spokesperson Maj. Taavi Karotamm said that country’s armed forces are allowed to “to engage hostile targets that have entered the Estonian airspace,” both under Estonian law and under NATO’s Integrated Air and Missile Defense rules of engagement.

NATO Air Policing is essential for deterrence, security and confidence in member countries. Three efforts provide that assurance: the Baltic States, Enhanced Air Policing on NATO’s eastern flank, and the Eastern Adriatic and Western Balkans.

But repeated probes along NATO’s eastern flanks must be met with a robust early warning system and an integrated air defense system, backed by a deep strike capability that can hit Russian and Belarusian airfields and ballistic missile and drone launch sites.

Putin keeps showing his willingness to escalate. He is now willing to threaten NATO in order to get what he wants in Ukraine. History cannot be allowed to repeat itself. Ukrainian President Volodymyr Zelensky cannot be the only Western leader to stand up to Putin.

Col. (Ret.) Jonathan Sweet served 30 years as an Army intelligence officer. Mark Toth writes on national security and foreign policy. 

Sacked referee David Coote denies indecent child image charge

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Olimpia ZagnatBBC News, Nottingham

Jacob King/PA Wire A man with short dark hair and wearing in sunglassesJacob King/PA Wire

David Coote appeared at Nottingham Magistrates’ Court on Thursday

Former Premier League referee David Coote has pleaded not guilty to a charge of making an indecent image of a child.

The 43-year-old was charged on 12 August following an investigation by Nottinghamshire Police.

The force said the allegation related to a video file recovered by officers in February.

Ex-official Mr Coote, of Woodhill Road in Collingham, Nottinghamshire, appeared at Nottingham Magistrates’ Court on Thursday.

He spoke only to confirm his name, date of birth and enter his plea during the 18-minute hearing.

Mr Coote was granted conditional bail and is due to appear at Nottingham Crown Court on 9 October.

The charge of making an indecent image of a child refers to activities such as downloading, sharing or saving abuse photos or videos.

Mr Coote was sacked by the Professional Game Match Officals Limited (PGMOL) in December after a video of comments he made about former Liverpool boss Jurgen Klopp in 2020 came to light.

He was also banned by European football’s governing body Uefa until 30 June 2026.

Republicans urge Trump to greenlight Russia sanctions vote after incursion into Poland

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Republican senators are urging President Trump to give them the green light to vote on a Russia sanctions package in the wake of Moscow’s incursion into Poland’s air space and Russian President Vladimir Putin’s seeming disinterest in ending the war with Ukraine.

Senate Republicans have pushed for months for Trump to back the chamber’s bipartisan package that would punish nations that import Russian oil, gas and uranium, only to see it languish without his support.

That mood is changing.

“I think it’s time for the sanctions bill to come to the floor,” Sen. Shelley Moore Capito (W.Va.), a member of GOP leadership, told The Hill. “I think the president’s got to make the final call on that, so I respect that, but I’m ready to vote for that.”

“It’s just a compounding situation,” she continued. “Every time it looks like Putin’s at the table and then he turns around and just pounds Kyiv or something like that. I think we’re getting closer on sanctions.” 

Sens. Lindsey Graham (R-S.C.) and Richard Blumenthal (D-Conn.) rolled out the package in mid-July, but it has remained dormant as Trump gave negotiations with Putin a full go, headlined by their meeting last month in Alaska. 

But little diplomatic progress has been made since that sit-down and the ensuing White House meeting with Ukrainian President Volodymyr Zelensky and European leaders. And in that time Putin has repeatedly launched barrages of drones and missiles into Ukraine, including the heaviest attack on Kyiv of the war on Sunday, which damaged a key government building.

Senate Majority Leader John Thune (R-S.D.) told reporters Wednesday that Poland’s shooting down of Russian drones in its airspace has “intensified interest” among Senate Republicans in the bill being brought to the floor expeditiously. 

“There’s a lot of, I would say, discussion now around, ‘We need to move.’ … Our members are very interested,” Thune told reporters, labeling the decision to fly drones over Polish airspace a “provocative act.” 

Multiple Republicans indicated they expect to lobby Trump to support the bill, especially after he pushed the European Union to slap China and India with 100 percent tariffs as part of a pressure campaign against Moscow. 

Graham told reporters he expected to meet with Trump on Wednesday afternoon. 

Trump on Wednesday expressed his displeasure with Russia’s action.

“What’s with Russia violating Poland’s airspace with drones? Here we go!” Trump wrote on Truth Social. 

The Graham-Blumenthal package would allow Trump to impose a 500 percent tariff of his own on countries that purchase Russian energy, with China and India atop the list. 

“He’s going to put more tariffs on other countries that buy cheap Russian oil. Europe needs to follow. If they don’t they’re going to make a huge mistake,” Graham told reporters. “The only way you end this war is to make China, India and Brazil pay such a price to keep propping Putin up and quit. They push him to the table.”

“[Putin] could care less about how many Russians die. He can evade sanctions. He’s never been my target. My target is those who buy cheap Russian oil to keep his war machine going,” Graham continued.

The decision by Warsaw to shoot down the drone marked the first time a NATO state has fired on Russia since the Ukraine war erupted more than three years ago, with Polish Prime Minister Donald Tusk declaring that Putin crossed the line.

“I have no reason to claim we’re on the brink of war, but a line has been crossed,” Tusk told the Polish Parliament. “This situation brings us the closest we have been to open conflict since World War II.”

But the question of when a vote will happen still remains unclear. 

Thune noted there were still “technical” issues with the bill that need to be ironed out and that he has a “couple of conversations” that have to take place before he schedules a vote.

Overall, the package has 84 co-sponsors, putting it well clear of a potential presidential veto. On top of the tariffs on various countries, the bill also includes additional sanctions on foreign firms that back Russian energy production. 

Blumenthal, the Democratic lead sponsor, emphasized Russia’s latest action “must be met promptly” with backing for NATO allies and passage of the package. 

“Putin’s reckless, brazen attack on a NATO ally must be met with more than condemnation. Trump’s ham-handed attempt at diplomacy has only appeased & emboldened Putin,” the Democrat wrote on social media. “NATO, led by the US, should quickly deliver arms & equipment to sustain Ukraine as it fights for its freedom. Military aid, in concert with bone-crushing sanctions on Russia & its oil customers, will send an unmistakable message to Putin: Ukraine & its allies will not balk in the face of adversity.”

“I call on Leader Thune to place the Graham-Blumenthal Sanctioning Russia Act on the floor for a vote immediately,” he added.

Oil prices settle up over $1 after global tensions mount; oversupply caps gains

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By Arathy Somasekhar

HOUSTON (Reuters) – Oil prices settled higher on Wednesday by more than $1 a barrel as investors worried about possible supply disruptions after Poland downed drones in its airspace and the U.S. pushed for new sanctions on buyers of Russian oil the day after an Israeli attack in Qatar, but a report showing swelling U.S. supplies capped gains.

Brent crude futures settled up $1.10, or 1.7%, at $67.49 a barrel. U.S. West Texas Intermediate crude futures rose $1.04, or 1.7%, to settle at $63.67 a barrel.

Geopolitical tensions mounted when Poland shot down drones over its airspace during a widespread Russian attack in western Ukraine, the first shots by a NATO member in the Russia-Ukraine war. On Tuesday, prices had settled 0.6% higher after Israel said it had attacked leadership of the Palestinian militant group Hamas in Doha. Both benchmarks rose nearly 2% shortly after the attack, then retraced most of those gains.

Still, there was no immediate threat of oil supply disruption

“The dark cloud of surplus ahead is … hanging over the market with Brent trading two dollars lower than last Tuesday. Geopolitical risk premiums in oil rarely last long unless actual supply disruption kicks in,” SEB analysts said.

U.S. President Donald Trump has urged the European Union to impose 100% tariffs on China and India – major buyers of Russian oil – as a strategy to pressure Moscow to enter peace talks with Ukraine, according to sources.

With EU officials in Washington to discuss Russia sanctions, European Commission chief Ursula von der Leyen said on Wednesday the bloc was considering a faster phase-out of Russian fossil fuels as part of new measures aimed at Moscow.

The 27-member bloc is very unlikely to impose crippling tariffs on India or China, EU sources said.

Traders expect the Federal Reserve will cut U.S. interest rates at its September 16-17 meeting, which could boost economic activity and demand for oil.

Strong global economic growth in the next few years will increase demand for oil, U.S. Energy Secretary Chris Wright, said, cautioning that U.S. oil production may plateau for a little while.

U.S. crude stocks, gasoline and distillate inventories rose last week, the Energy Information Administration said, a bearish sign for the near-term supply outlook.

Crude inventories increased by 3.9 million barrels in the week to September 5, the EIA said. Analysts polled by Reuters had expected a draw of 1 million barrels.

U.S. gasoline stocks rose by 1.5 million barrels, compared with analysts’ estimates for a draw of 200,000 barrels. Distillate stockpiles, which include diesel and heating oil, rose by 4.7 million barrels, versus expectations for a rise of 35,000 barrels.