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EU says Trump plan to ban US diesel exports would ‘negatively impact both sides’

US president’s suggested 90-day export ban before midterm elections could bring even higher fuel prices across Europe Business live – latest updates The EU has warned Donald Trump against plans to ban US diesel exports to the global market, saying the move would negatively affect Europe and the US. The European Commission has reacted with “concern” to reports this week that the US president could prevent diesel from reaching the global market. Continue reading...

The GuardianThe Guardian•Jillian Ambrose20h ago
  • neutral toward Donald Trump · 91%
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World: European Commission, EIB and UNDP join forces to boost investment in communities hit by humanitarian crises

Country: World Sources: European Investment Bank, UN Development Programme New agreement will help communities hit by conflicts, humanitarian crises and disasters move from emergency relief to lasting recovery and boost investment opportunities in fragile countries. The European Commission is providing €15 million with EIB and UNDP to help turn local recovery plans into projects that restore services, support jobs and strengthen communities. The partnership, spanning four years, will support sustainable recovery and resilience in fragile countries, while preserving scarce humanitarian resources for urgent, life-saving aid. At the 81st United Nations General Assembly this week, the European Commission, the European Investment Bank (EIB) and the United Nations Development Programme (UNDP) launched a new partnership to help communities affected by conflict, crises and disasters rebuild and attract long-term investment. The European Commission is providing an additional €15 million in humanitarian assistance to help prepare and implement EIB-backed projects and support EIB investment in fragile countries, over a period of four years. In places affected by crises and fragility, investment projects often require additional analysis and implementation support to reach communities affected by humanitarian crises and respond to their specific needs. The partners will use their different strengths to tackle these obstacles and adapt projects to local needs. The aim is to help communities move from emergency relief to resilience. This means channeling investments towards restoring basic services, creating jobs and supporting local businesses, while freeing up humanitarian funds for crises where urgent, life-saving assistance is needed most, is paramount. "This partnership is about the delivery of humanitarian aid to communities affected by crises, helping them move from emergency relief to lasting recovery and boosting investment opportunities. The European Investment Bank’s financing, combined with our partners capacities will help identify the right projects for the right countries,” said EIB Group President Nadia Calviño . A new EIB Fragility Helpdesk, supported with €3 million of the package, will help assess local conditions and risks and advise on how projects can be designed and implemented safely, adapted to local needs, and used to strengthen communities’ ability to cope with future crises. The remaining €12 million will enable UNDP to prepare project documentation and support the delivery of selected EIB-financed operations on the ground, strengthening investments’ ability to reach affected communities and respond to their specific recovery needs. “Addressing fragility means working together between humanitarian, development and finance partners to invest in solutions that help people avoid facing the same emergencies year after year. This partnership will help put the EU’s new Integrated Approach to Fragility into practice. It will also help humanitarian resources go further by supporting more sustainable investments and solutions to today’s humanitarian needs,” said Hadja Lahbib, European Commissioner for Equality, Preparedness and Crisis Management. Projects could support farming, small and medium-sized businesses, energy, transport and other essential infrastructure required to transition from emergency aid to more sustainable solutions for people in need. They may also restore basic services and help people earn a living after a crisis. “Recovery starts when investment begins,” said Alexander De Croo, Administrator of the UN Development Programme . “By combining European Commission support, EIB finance and UNDP’s presence on the ground, this partnership will turn local recovery plans into investable projects, helping communities move from relief to resilience and rebuild their own future. This is the shift we need to make: From grants to investment. From projects to pipelines. From responding to crisis to building resilience. And from waiting for recovery to begin - to investing in it from day one.” Background information EIB Group The European Investment Bank ( EIB ) Group is the financing arm of the European Union, owned by the 27 Member States, and one of the largest multilateral development banks in the world. In 2025, the EIB Group signed €100 billion in new financing and advisory services for over 870 high-impact projects under eight core priorities that support EU policy objectives : climate action and the environment, digitalisation and technological innovation, security and defence, territorial cohesion, agriculture and the bioeconomy, social infrastructure, strong global partnerships and the savings and investments union. Beyond long-term loans for large infrastructure, the EIB Group crowds in private investment for high-risk innovative projects and businesses, with a growing role in Europe’s markets for venture debt, venture capital, guarantees and securitisations. Photos of the EIB Group's representatives and headquarters, logo files and video B-roll for media use are available here . UNDP UNDP is the United Nations’ lead agency on international development, working in 170 countries and territories to help people build better lives while protecting the planet. UNDP works with governments, communities and partners to reduce poverty and inequality, strengthen crisis resilience and advance sustainable development. In some of the world’s most challenging settings, UNDP connects relief efforts with longer-term development and helps mobilize sustainable finance and investment to support recovery, resilience and lasting development solutions. Press contacts EIB Anja Ingenrieth , a.ingenrieth@eib.org Mónica Faro , m.faro@eib.org Website: www.eib.org/press - Press Office: press@eib.org UNDP Aimee Brown, aimee.brown@undp.org - Mobile: +1 929 295 1536

ReliefWebReliefWeb•UN Development Programme22 Sept

EU gives over €400 million to airlines for using sustainable aviation fuels in 2025

The European Commission (EU) has adopted a new decision on Sept. 8, 2026, allocating EU Emissions Trading System (ETS) allowance to airlines for using sustainable aviation fuels (SAF) in 2025.  Sustainable Aviation Fuels support increases The EU ETS support for SAF commitment in 2025 amounted to approximately 5.2 million ETS allowances, worth €430 million which […]

Travel RadarTravel Radar•Alice Atherton17 Sept

Von der Leyen 'opens door' to Canada becoming associate EU member – video

The European Commission president, Ursula von der Leyen, has told the Canadian prime minister, Mark Carney, that she wants to open the door for his country to become the EU’s first associate member. The overture comes after Ottawa was pushed to seek closer economic and security ties with Europe by tariffs levelled by the US president, Donald Trump, and his repeated talk of making Canada the 51st US state. 'I would like to work with you on opening the door for Canada being the first associate member of the EU,' von der Leyen told Carney during her annual state of the European Union address European Union opens door for Canada to become first associate member Europe live - latest updates Continue reading...

The GuardianThe Guardian16 Sept

European Union opens door for Canada to become first associate member

Commission president says partnership will create ‘common prosperity’ based on shared democratic values Europe live – latest updates The European Commission president, Ursula von der Leyen, told the Canadian prime minister, Mark Carney, on Wednesday that she wants to open the door for his country to become the EU’s first associate member. The overture comes as Trump’s tariffs and repeated talk of making Canada the 51st state have pushed Ottawa to seek closer economic and security ties with Europe. Carney has called for a “unique alliance” with the EU as Canada seeks to reduce its heavy dependence on US trade. Continue reading...

The GuardianThe Guardian•Associated Press16 Sept

Wizz Air renews warning over future of Belgrade base

Wizz Air has renewed its call on the Serbian authorities to urgently resolve a regulatory dispute which it says threatens the future of its Belgrade base. The airline claims that regulatory changes introduced this year have placed the viability of its Belgrade base at risk. It warned that the dispute extends beyond its own operations and could affect employment, competition, affordable travel, Serbia’s connectivity with Europe and international investors’ confidence in the Serbian market. The European Commission is examining whether the amendments to Serbia’s aviation regulations comply with the country’s obligations under the European Common Aviation Area Agreement. Wizz Air’s Chief Corporate Officer, Owain Jones, said, “Wizz Air has been investing in Serbia for more than fifteen years. We want to stay, grow and continue investing. However, investment requires fair rules and certainty. We are not asking for special treatment. We are asking for equal treatment and the opportunity to compete for Serbian passengers on price, service and network. Serbia should be attracting investment and improving connectivity, not putting both into question. The solution is simple: remove discriminatory restrictions and allow competition to work. Wizz Air has made its choice: we choose Serbia. Now Serbia must decide whether it chooses competition, connectivity and investment”. Wizz Air said it remains prepared to engage in constructive discussions with the Serbian authorities, the Civil Aviation Directorate and European institutions in order to reach an urgent solution. It added the protection of a single company from competition benefits no one The Serbian Ministry for Construction, Transport and Infrastructure, said recently, “There is no intention to “force” Wizz Air out of Serbia or to restrict its, or any other EU carrier’s, right to operate services, either in terms of routes or frequencies”. It noted that the airline’s Belgrade base is contrary to the Multilateral Agreement on the Establishment of a European Common Aviation Area. EX-YU Aviation News

EAEX-YU Aviation News•EX-YU Aviation (noreply@blogger.com)16 Sept
  • neutral toward Wizz Air · 96%