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OPEC looks to cut oil production to support falling price

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VIENNA — OPEC countries were gathered Thursday to find a way to support the falling price of oil, with analysts predicting the cartel and some key allies, like Russia, would agree to cut production by at least 1 million barrels per day.

Crude prices have been falling since October because major producers — including the U.S. — are pumping oil at high rates and due to fears that weaker economic growth could dampen energy demand. The price of both benchmark U.S. crude and the standard for internationally traded oil fell 22 per cent in November.

The oil minister of Saudi Arabia, the heavyweight within OPEC, said Thursday that the country was in favour of a cut.

“I think a million (barrels a day) will be adequate personally,” Khalid Al-Falih said upon arriving to the meeting in Vienna. That, he said, would include production for both OPEC countries as well as non-OPEC countries, like Russia, which have in recent years been co-ordinating their production limits with the cartel.

That view was echoed by others, including the oil ministers of Nigeria and Iraq.

“I am optimistic that the agreement will stabilize the market, will stop the slide in the price (of oil),” said Iraq’s Thamir Ghadhban.

Investors did not seem convinced, however, and were pushing the price of oil down sharply again on Thursday, partly due to broader concerns that a trade war between the U.S. and China could escalate and hurt global growth. The international benchmark for crude, Brent, was down $1.52 at $60.04 a barrel.

The fall in the price of oil will be a help to many consumers as well as energy-hungry businesses, particularly at a time when global growth is slowing.

U.S. President Donald Trump has been putting pressure publicly on OPEC to not cut production. He tweeted Wednesday that “Hopefully OPEC will be keeping oil flows as is, not restricted. The World does not want to see, or need, higher oil prices!”

While Saudi Arabia has indicated it is willing to cut production, its decision may be complicated by Trump’s decision to not sanction the country over the killing of dissident journalist Jamal Khashoggi. U.S. Senators say, after a briefing with intelligence services, that they are convinced that Saudi’s de-facto ruler, Crown Prince Mohammed bin Salman , was involved in Khashoggi’s death. Some experts say that gives the U.S. some leverage over the Saudis, though Al-Falih denied that on Thursday.

When asked if the Saudis had permission from Trump to cut production, Al-Falih replied: “I don’t need permission from any foreign governments.”

Experts say this week’s meeting of the Organization of the Petroleum Exporting Countries will influence the price of oil over the coming months. How strongly it does so could depend on Russia’s contribution, which will be determined in a meeting on Friday.

Analysts at Commerzbank estimate that if Russia is willing to step up its production cuts, OPEC and non-OPEC countries could trim production by a combined 1.3-1.4 million barrels a day. This “would be enough to rebalance the oil market next year,” they wrote in a note to investors.

OPEC’s reliance on non-members like Russia highlights the cartel’s waning influence in oil markets, which it had dominated for decades. The OPEC-Russia alliance was made necessary to compete with the United States’ vastly increased production of oil in recent years, particularly since 2016. By some estimates, the U.S. this year became the world’s top crude producer.

OPEC is also riven by internal conflict, especially between regional rivals Saudi Arabia and Iran. One of the key questions in Thursday’s talks is whether to exempt Iran from having to cut production, as its energy industry is already hobbled by U.S. sanctions on its crude exports.

Meanwhile, Qatar, a Saudi rival and Iranian ally, said this week it would leave OPEC in January. While it said it was purely a practical decision because it mainly produces natural gas and little oil, the move was viewed as a symbolic snub to the Saudi-dominated organization.

___

David Rising and Geir Moulson in Berlin and Anthony Mills in Vienna contributed to this report. Piovano reported from London.

Kiyoko Metzler And Carlo Piovano, The Associated Press





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Trump Admin Establishing Council To Make Buildings Beautiful Again

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From the Daily Caller News Foundation

By Jason Hopkins

The Trump administration is creating a first-of-its-kind task force aimed at ushering in a new “Golden Age” of beautiful infrastructure across the U.S.

The Department of Transportation (DOT) will announce the establishment of the Beautifying Transportation Infrastructure Council (BTIC) on Thursday, the Daily Caller News Foundation exclusively learned. The BTIC seeks to advise Transportation Secretary Sean Duffy on design and policy ideas for key infrastructure projects, including highways, bridges and transit hubs.

“What happened to our country’s proud tradition of building great, big, beautiful things?” Duffy said in a statement shared with the DCNF. “It’s time the design for America’s latest infrastructure projects reflects our nation’s strength, pride, and promise.”

“We’re engaging the best and brightest minds in architectural design and engineering to make beautiful structures that move you and bring about a new Golden Age of Transportation,” Duffy continued.

Mini scoop – here is the DOT’s rollout of its Beautifying Transportation Infrastructure Council, which will be tasked with making our buildings beautiful again. pic.twitter.com/9iV2xSxdJM

— Jason Hopkins (@jasonhopkinsdc) October 23, 2025

The DOT is encouraging nominations of the country’s best architects, urban planners, artists and others to serve on the council, according to the department. While ensuring that efficiency and safety remain a top priority, the BTIC will provide guidance on projects that “enhance” public areas and develop aesthetic performance metrics.

The new council aligns with an executive order signed by President Donald Trump in August 2025 regarding infrastructure. The “Making Federal Architecture Beautiful Again” order calls for federal public buildings in the country to “respect regional architectural heritage” and aims to prevent federal construction projects from using modernist and brutalist architecture styles, instead returning to a classical style.

“The Founders, in line with great societies before them, attached great importance to Federal civic architecture,” Trump’s order stated. “They wanted America’s public buildings to inspire the American people and encourage civic virtue.”

“President George Washington and Secretary of State Thomas Jefferson consciously modeled the most important buildings in Washington, D.C., on the classical architecture of ancient Athens and Rome,” the order continued. “Because of their proven ability to meet these requirements, classical and traditional architecture are preferred modes of architectural design.”

The DOT invested millions in major infrastructure projects since Trump’s return to the White House. Duffy announced in August a $43 million transformation initiative of the New York Penn Station in New York City and in September unveiledmajor progress in the rehabilitation and modernization of Washington Union Station in Washington, D.C.

The BTIC will comprise up to 11 members who will serve two-year terms, with the chance to be reappointed, according to the DOT. The task force will meet biannually. The deadline for nominations will end Nov. 21.

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New report warns WHO health rules erode Canada’s democracy and Charter rights

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Justice Centre for Constitutional Freedoms

The Justice Centre for Constitutional Freedoms has released a new report titled Canada’s Surrender of Sovereignty: New WHO health regulations undermine Canadian democracy and Charter freedoms. Authored by Nigel Hannaford, a veteran journalist and researcher, the report warns that Canada’s acceptance of the World Health Organization’s (WHO) revised International Health Regulations (IHR) represents a serious erosion of national independence and democratic accountability.

The IHR amendments, which took effect on September 19, 2025, authorize the WHO Director-General to declare global “health emergencies” that could require Canada to follow directives from bureaucrats in Geneva, bypassing the House of Commons and the will of Canadian voters.

The WHO regards these regulations as “binding,” despite having no ability or legal authority to impose such regulations. Even so, Canada is opting to accept the regulations as binding.

By accepting the WHO’s revised IHR, the report explains, Canada has relinquished its own control over future health crises and instead has agreed to let the WHO determine when a “pandemic emergency” exists and what Canada must do to respond to it, after which Canada must report back to the WHO.

In fact, under these International Health Regulations, the WHO could demand countries like Canada impose stringent freedom-violating health policies, such as lockdowns, vaccine mandates, or travel restrictions without debate, evidence review, or public accountability, the report explains.

Once the WHO declares a “Pandemic Emergency,” member states are obligated to implement such emergency measures “without delay” for a minimum of three months.

Importantly, following these WHO directives would undermine government accountability as politicians may hide behind international “commitments” to justify their actions as “simply following international rules,” the report warns.

Canada should instead withdraw from the revised IHR, following the example of countries like Germany, Austria, Italy, Czech Republic, and the United States. The report recommends continued international cooperation without surrendering control over domestic health policies.

Constitutional lawyer Allison Pejovic said, “[b]y treating WHO edicts as binding, the federal government has effectively placed Canadian sovereignty on loan to an unelected international body.”

“Such directives, if enforced, would likely violate Canadians’ Charter rights and freedoms,” she added.

Mr. Hannaford agreed, saying, “Canada’s health policies must be made in Canada. No free and democratic nation should outsource its emergency powers to unelected bureaucrats in Geneva.”

The Justice Centre urges Canadians to contact their Members of Parliament and demand they support withdrawing from the revised IHR to restore Canadian sovereignty and reject blind compliance with WHO directives.

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