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The Hill
an hour ago
- Politics
- The Hill
Bolton: Trump-Putin summit a ‘great victory' for Moscow
Former national security adviser John Bolton on Friday suggested President Trump's highly anticipated summit with Russian President Vladimir Putin next week is another step toward success for Moscow, not peace talks. 'The only better place for Putin than Alaska would be if the summit were being held in Moscow,' Bolton said during an appearance on CNN's 'The Source' with host Kaitlan Collins. 'So, the initial setup, I think, is a great victory for Putin.' 'He's a rogue leader of a pariah state, and he's going to be welcomed into the United States,' he added. Bolton floated Geneva or Austria as better sites for a meeting on neutral ground, adding Putin's arrest warrant from the International Criminal Court (ICC), which was issued in 2023 over the unlawful deportation of children, 'could have been waived.' 'I don't think anybody would have objected, frankly,' the former adviser said. He later reiterated his belief that Putin may attempt to 'take advantage' of Trump during the one-on-one summit. Trump announced the meeting between the two world leaders on Friday after previously threatening to impose increased sanctions on the Kremlin to deflate funds for the war in Ukraine and pressure the Russian leader to agree to a ceasefire. The president on Friday signaled that Ukraine would need to cede land in order to end the war with the potential to grab territory in a proposed swap. Bolton, in the interview, predicted Trump may favor Putin with the terms of any peace deal. 'I have a feeling this is sliding very quickly in Russia's direction,' Bolton told Collins. 'We're not quite back at February the 28th, in the Oval Office, when Trump told [Ukrainian President Volodymyr] Zelensky, 'You don't have any cards.' But what's happening is that Russia and the United States are discussing what terms they're going to present to Zelensky, and it may well be that Zelensky has no choice here,' he continued. 'Surrendering is always one way to get a peace deal.' Trump said he will be fair to both sides in an effort to bring an end to the more than three-year-long war. 'You're looking at territory that's been fought over for three and a half years. A lot of Russians have died, a lot of Ukrainians,' the president told reporters on Friday. 'So we're looking at that, but we're actually to get some back and some swapping.' 'It's complicated. It's actually — nothing easy. It's very complicated,' he continued. 'But we're going to get some back. And we're going to get some switched.' Zelensky has since pushed back on the proposal and argued that Ukraine should have a seat at the negotiating table.
Los Angeles Times
2 days ago
- Politics
- Los Angeles Times
Energy secretary says Trump administration may alter past National Climate Assessments
U.S. Energy Secretary Chris Wright said this week the Trump administration plans to review and potentially alter the nation's climate science reports. In a Tuesday appearance on CNN's The Source, Wright told CNN host Kaitlan Collins the National Climate Assessments have been removed from government websites 'because we're reviewing them.' 'We will come out with updated reports on those and with comments on those,' Wright said. The National Climate Assessments are mandated by Congress and have been released five times since 2000. The federal reports, prepared by hundreds of volunteer scientists, are subject to extensive peer review and provide detail on how climate change is affecting each region of the United States so far, plus the latest scientific forecasts. Wright accused the previous reports of being politically biased, stating that they 'are not fair assessments of the data.' 'When you get into departments and look at stuff that's there and you find stuff that's objectionable, you want to fix it,' he said. His statements came after the Trump administration in April dismissed more than 400 experts who had already started work on the sixth National Climate Assessment, due for publication in late 2027 or early 2028. The administration in July also removed the website of the U.S. Global Change Research Program, which housed the reports. The move marks the latest escalation in the Trump administration's efforts to downplay climate science. The president and Department of Energy in recent months have championed fossil fuel production and slashed funding and incentives for renewable energy projects. This week, the DOE posted an image of coal on the social media site X alongside the words, 'She's an icon, she's a legend, and she is the moment.' Meanwhile, the U.S. Environmental Protection Agency has proposed looser regulations for polluting sectors such as power plants and vehicles. EPA administrator Lee Zeldin in March proclaimed the administration was 'driving a dagger straight into the heart of the climate change religion.' In his CNN appearance, Wright said the previous climate change assessments — including the 2018 report prepared during Trump's first term — were not 'a reasonable representation of broad climate science.' 'They have been more politically driven to hype up a real issue, but an issue that's just nowhere near the world's greatest challenge,' he said of climate change. 'Nobody's who's a credible economist or scientist believes that it is, except a few activists and alarmists.' Environmental experts were concerned by Wright's comments. 'Secretary Wright just confirmed our worst fears — that this administration plans to not just bury the scientific evidence but replace it with outright lies to downplay the worsening climate crisis and evade responsibility for addressing it,' said Rachel Cleetus, policy director for the Climate and Energy Program at the Union of Concerned Scientists, who was among the authors dismissed by the administration. 'This is one more alarming example of the Trump administration's ongoing and highly-politicized effort to obfuscate scientific truth to further its dangerous and deadly pro-fossil fuel agenda,' Cleetus said. The DOE last week also released its own climate report, commissioned by Wright, that questions the severity of climate change. 'Both models and experience suggest that [carbon dioxide]-induced warming might be less damaging economically than commonly believed, and excessively aggressive mitigation policies could prove more detrimental than beneficial,' the report says. Daniel Swain, a climate scientist with the University of California Agriculture and Natural Resources, noted in a post on X that the previous National Climate Assessments were authored by hundreds of scientists who were leading domain experts in their fields. 'This would mark an extraordinary, unprecedented, and alarming level of interference in what has historically been a fair and systematic process,' Swain said of the possibility that previous reports could be altered. The Department of Energy did not immediately respond to a request for comment.
The Hill
2 days ago
- Politics
- The Hill
Energy Secretary says ‘we're reviewing' past government climate reports
Energy Secretary Chris Wright indicated this week that the Trump administration is reviewing and could seek to change past climate reports. Wright, in a Tuesday evening appearance on CNN's 'The Source,' was asked why the administration removed past versions of the National Climate Assessment from government websites. 'Because we're reviewing them,' he replied, adding 'and we will come out with updated reports on those and with comments on those.' When reached for comment, the Energy Department declined to provide more information on the review efforts. Instead, spokesperson Andrea Woods referred The Hill to remarks from Wright during the same interview. 'I don't know why they're taken down,' Wright told host Kaitlan Collins. 'They're easy to find anywhere. If anybody can't find the National Climate Assessment report, they just got to Google a little better.' Woods told CNN that Wright 'was not suggesting he personally would be altering past reports.' The 1990 Global Change Research Act requires the federal government to produce a report about climate change every four years. Earlier this year, the administration scrubbed the website that was hosting past iterations of the national climate assessment. President Trump also dismissed the scientists that were working on the next version. Last month, the Energy Department released a report claiming that 'CO2-induced warming might be less damaging economically than commonly believed.'. There is a scientific consensus that climate change is exacerbating extreme weather. Wright, a former fracking executive, has a history of downplaying the effects of global warming.
Business Standard
2 days ago
- Business
- Business Standard
Sula Vineyards drops after Q1 PAT slumps 87% YoY to Rs 2 cr
Sula Vineyards declined 5.31% to Rs 263.90 after the company's consolidated net profit tumbled 86.7% to Rs 1.94 crore on 9.3% fall in revenue from operations (excluding net excise duty) to Rs 109.64 crore in Q1 FY26 over Q1 FY25. Profit before tax (PBT) fell 86.87% YoY to Rs 2.56 crore during the quarter ended 30th June 2025. EBITDA dropped 46.1% to Rs 18.3 crore in Q1 June 2025 from 33.9crore in Q1 June 2024. EBITDA margin contracted 1,096 bps to 15.5% in Q1 FY26 as against 26.4% in Q1 FY24. Revenue from own brands declined 10.8% YoY to Rs 102.3 crore, while revenue from wine tourism jumped 22% YoY to Rs 13.7 crore in Q1 FY26 over Q1 FY25. Share of Elite & Premium brands increased to 74.7% in Q1 FY26 as against 71.0% in Q1 FY25, led by strong double-digit growth in The Source range. Growth in Wine Tourism was driven by increased footfalls, resort occupancy rose 82% in Q1 FY26 compared with 70% in Q1 FY25 and a 6% year-on-year increase in spends per guest. Sula Vineyards, CEO, Rajeev Sawant, said, We reported steady revenue from operations in Q1 FY26, excluding the one-time WIPS gain recorded in Q1 FY25. Own Brands growth was muted due to continued urban demand softness, and a lower trade placement of wine in June25 in Maharashtra - our #1 market, as announcement of excise duty hike on spirits prompted heavy pre-loading of spirits by distribution at pre-revision prices. However, that said, this is a positive development going forward for the company and wine industry in Maharashtra. Encouragingly, despite these headwinds, states such as West Bengal, Goa, UP, Rajasthan, among others recording healthy double-digit growth. In terms of portfolio mix, share of Elite & Premium increased over 300 bps YoY to 74.7% with The Source and RASA continuing to see strong traction. Wine Tourism remains a bright spot, growing 22% YoY led by higher footfalls, record Q1 occupancy and spend per guest. Our new wine tourism offering Dindori Tasting Room & Bottle Shop at ND wines, near the Gujarat border is now open and welcoming visitors. Upcoming projects The Haven by Sula our 30-key resort near York and the new tasting room at Domaine Sula are on-track to open in time for this festive season. With these expansions and recent opening of Samruddhi Highway reducing the Mumbai-Nashik drive time by 45 minutes, the outlook for wine tourism remains strong. In other exciting news, furthering our legacy as Indias wine pioneers, we are pleased to launch Indias first aromatic low-alcohol still Muscat wine - Sula Muscat Blanc. The Source Moscato, our first sparkling Muscat is the fastest wine from the Sula stable to hit 10K cases and we expect Muscat Blanc to emerge as a consumer favorite too. Looking ahead, while the year began on a challenging note, we remain firmly focused to deliver healthy operating profit growth for the rest of FY26. Sula Vineyards is principally engaged in the business of the manufacture, purchase, and sale of premium wine and other alcoholic beverages.
The Hill
3 days ago
- Politics
- The Hill
Crockett: Trump ‘being clueless' on Maxwell prison transfer ‘on brand'
Rep. Jasmine Crockett (D-Texas) said Tuesday that President Trump 'being clueless' about the prison transfer of Jeffrey Epstein associated Ghislaine Maxwell is 'on brand' for the president. 'When it came to what the president told me today, that he was not personally aware of the Ghislaine Maxwell prison transfer, do you believe that?' CNN's Kaitlan Collins asked on 'The Source.' 'I don't think that there's a lot that the president is personally aware of. So, him being clueless is on brand,' Crockett responded. 'But in this particular set of circumstances where he is personally looking out for himself, I absolutely believe that he was knowledgeable about this,' the Texas Democrat added. On Tuesday, Trump said that he didn't know about Maxwell's recent prison transfer beforehand. 'Were you aware of and did you personally approve the prison transfer for Ghislaine Maxwell that your Justice Department —' Collins asked Trump at a White House event. 'I didn't know about it at all, nope. I read about it just like you did,' the president cut in, adding later that the transfer was 'not a very uncommon thing.' Maxwell was quietly moved from a federal prison in Florida to one in Texas, a Bureau of Prisons official told The Hill last week. 'Ghislaine Maxwell is in the custody of the Bureau of Prisons (BOP) at the Federal Prison Camp (FPC) Bryan in Bryan, Texas,' BOP official Benjamin O'Cone said in an email. In the last month, the Trump administration has been dealing with impassioned backlash over how it has handled information related to Epstein. The backlash has come from both MAGA faithful and some on the left.
