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The failure of EU Member State representatives on Monday (21 September) to reach an
agreement on how to handle the proposal to temporarily ban the international trade of Atlantic Bluefin tuna is
disappointing.
21 countries supported the proposal by Monaco to place the fish on Appendix I of the Convention on International
Trade in Endangered Species (CITES), but despite recommendations from environment and fisheries experts at
the European Commission, six Mediterranean countries did not back the proposal. EU environment ministers will
now need to decide on a final position at the October or December Environment Council.
While a ban requires a vote of all CITES parties, the EU votes en bloc on these issues. A strong backing from the
EU would be a clear political signal to the other 175 contracting parties. Food and Water Europe believes that US
support for Monaco's Bluefin proposal is critically important, both at the ICCAT (The International Commission for
the Conservation of Atlantic Tunas) meeting in November and at the CITES meeting when Spain will be at the
helm of the EU Presidency. EU Environment ministers should heed expert advice and support the listing in
Appendix I of Atlantic Bluefin tuna as an endangered species and the US should use its influence to push for this
outcome.
Food and Water Europe supports artisanal and historic fishing and an exception for traditional catch by a few
Mediterranean countries. Coastal fishing communities which practice artisanal methods have centuries of
experience balancing their harvesting behavior against available resources for long term management. Once the
fish stock is rebuilt, if fishing is once again permitted, it should be conducted in a sustainable manner that
promotes the livelihoods of responsible artisanal fishermen. It is industrial and illegal fishing which is destroying
the delicate balance of the ecosystem and driving this beautiful animal to a point of no return.
Atlantic bluefin tuna are both an emblematic conservation and culinary species, being an important part of
Mediterranean ecosystem, and highly prized for sushi and sashimi. However, strong demand from Japan has
fueled industrial and illegal fishing practices that have pushed the species to the brink of economic extinction -
effectively disenfranchising sustainable artisanal fishermen in the process.
The next CITES meeting takes place in March 2010 - the International Year of Biodiversity, in Doha, Qatar. In this
time, Food and Water Europe hopes that the opposing states will re-evaluate their stance and see that the
position taken by the majority of the European states is the only way forward if Europe is to take its leadership
role in sustainability seriously.
Food and Water Europe is a project of Food and Water Watch, Inc (a non-profit consumer NGO based in
Washington, DC) working to ensure clean water and safe food in Europe and around the world. We challenge the
corporate control and abuse of our food and water resources by empowering people to take action and
transforming the public consciousness about what we eat and drink.
Download this press release
Food & Water Watch mobilizes regular people to build political power to move bold and uncompromised solutions to the most pressing food, water, and climate problems of our time. We work to protect people's health, communities, and democracy from the growing destructive power of the most powerful economic interests.
(202) 683-2500Data released by the University of Michigan and Gallup this week showed US consumer sentiment cratering even as stock markets hit record highs.
Multiple polls and surveys released in recent days have shown US consumer sentiment cratering—and all the while, the US stock market keeps hitting record highs.
The Kobeissi Letter, a financial newsletter, posted a graphic Saturday that matched consumer sentiment as measured by the University of Michigan's Surveys of Consumers with the performance of the S&P 500 stock index over a 30-year span.
The graphic shows that, up until around 2020, consumer sentiment matched stock market performance closely, although there was a large divergence between the two leading up to the 2008 financial crisis, where stocks briefly outperformed consumer sentiment before crashing downward as the housing bubble burst.
But throughout the last six years, the graphic shows, the S&P 500 has produced an almost continuous upward surge even as consumer sentiment spirals downward.
Absolutely incredible:
Over the last 6 years, the S&P 500 has risen +130% while US Consumer Sentiment has collapsed by -55%, to its lowest since data began in 1952.
We are witnessing the formation of the biggest wealth divide in modern history. https://t.co/XGMR6DfuNc pic.twitter.com/2w7cRvn7ok
— The Kobeissi Letter (@KobeissiLetter) May 23, 2026
"Absolutely incredible," commented Kobeissi Letter. "Over the last six years, the S&P 500 has risen +130% while US Consumer Sentiment has collapsed by -55%, to its lowest since data began in 1952. We are witnessing the formation of the biggest wealth divide in modern history."
Kobeissi Letter produced the graphic one day after the University of Michigan's latest survey found consumer sentiment hitting the lowest level on record.
Joanne Hsu, director of the survey, observed that "the cost of living continues to be a first-order concern, with 57% of consumers spontaneously mentioning that high prices were eroding their personal finances, up from 50% last month."
On the same day, Gallup published new data showing that Americans' economic confidence has fallen to its lowest level since October 2022, with just 16% of Americans rating the economy as excellent or good, and nearly half describing it as poor.
Axios reported on Saturday that even Republicans have been growing sour on the US economy, citing a recent poll from The Associated Press showing GOP approval of President Donald Trump on the economy to be at around 60%, down from 80% just three months ago.
"The growing GOP gloom could hardly come at a worse time for Trump and the party," Axios noted, "less than six months out from a midterm election that's likely to turn on the economy."
The gap between overall consumer sentiment and stock market performance also lines up with recent consumer spending trends. Data published by The Financial Times earlier this year showed that the top 10% of earners in the US now account for nearly half of all consumer spending, while the bottom 80% of earners now account for less than 40% of all consumer spending.
A February report from TD Economics economist Ksenia Bushmeneva noted that “the economic divide between America’s households at the top of the income spectrum and everyone else continued to widen last year,” as “upper-income households benefited from the still-robust wage growth, strong gains in equity markets, and better access to consumer credit.”
"Private equity is destroying our favorite baseball team, stripping them for parts," Democratic US Senate candidate Platner said in an ad that aired on the New England Sports Network.
Maine Democratic US Senate candidate Graham Platner on Saturday said that a campaign ad that aired during a Boston Red Sox game was "taken down" after it took aim at the team's ownership.
The ad in question features Platner discussing the role that private equity firms play in the US economy, including sports teams.
"Private equity is destroying our favorite baseball team, stripping them for parts," Platner says at the start of the ad. "Private equity is buying up our homes, our sports, and our lives. I will reverse the private equity curse."
Private equity is taking our homes. It's taking our hospitals. It's taking beloved local businesses and stripping them for parts.
And now private equity is running the Red Sox into the ground.
Our new ad ⬇️ pic.twitter.com/w7LapElpdA
— Graham Platner for Senate (@grahamformaine) May 22, 2026
Platner concludes the ad by saying that he approves this message "because I miss Mookie Betts," the star player whom the Red Sox traded to the Los Angeles Dodgers in 2020 in a deal that was widely decried by local fans as a salary dump.
According to Platner, his campaign began airing the ad Friday on the New England Sports Network (NESN), the cable TV station owned partially by Fenway Sports Group, the conglomerate that owns the Red Sox.
However, he said that "midway through the game the ad was taken down" by NESN, after which the Red Sox proceeded to blow a 4-0 lead, losing to the Minnesota Twins by a final score of 8-6.
Platner, an oyster farmer and upstart candidate who has never before held political office, became the Democratic Party's presumptive nominee for the 2026 US Senate race in Maine last month after his top rival, Democratic Maine Gov. Janet Mills, dropped out of the race.
In recent weeks, Platner has pivoted to challenging incumbent Sen. Susan Collins (R-Maine), who has held the seat since 1996 and is now running for her sixth term in office.
The policy change means "we could have families separated for months or years," said one expert.
Critics are slamming the Trump administration for implementing a new rule that foreigners who apply for green cards must do so from abroad.
US Citizenship and Immigration Services (USCIS) on Friday announced that foreigners currently in the US who want to establish permanent legal residency must first return to their countries of origin to apply for a green card.
This announcement broke with decades of US immigration policy, which made it possible for immigrants in the US to obtain green cards without having to leave the country.
Doug Rand, a former senior advisor at USCIS under President Joe Biden, said in an interview with The Associated Press that "the goal of this policy is very explicit," which is to block a path to citizenship "for as many people as possible."
Sarah Pierce, a former USCIS policy analyst, told The New York Times that the rule change could have particularly dire consequences to foreigners who are married to US citizens and will now have to apply for permanent residency from overseas.
"Our consular processing system through which they would have to apply is already overburdened," Pierce explained. "So that means we could have families separated for months or years."
Aaron Reichlin-Melnick, senior fellow at the American Immigration Council, similarly noted that the new policy "could force people to leave their jobs, homes, and families for weeks or months, all at their own expense" just to stay in a country where they have already established roots.
Reichlin-Melnick said that the full scope of the policy isn't yet clear because there are several unknown details about how broadly it will be applied, but added that "in the meantime, hundreds of thousands of immigrants now have to worry about upending their lives to get a legal status that they are entitled to under our laws."
Drop Site News reporter Ryan Grim argued that the new policy rips the mask off Trump administration claims that they aren't opposed to all immigration, they simply want to reduce undocumented immigration.
"The talking point that we do want legal immigration, we just want people to get in line and follow the rules, is BS," Grim commented. "This is an attempt to blow up the line, blow up the rules, and make it insanely difficult to immigrate legally."
Rep. Chuy García (D-Ill.) echoed Grim's comments by pointing out that the new policy shows the Trump administration's disdain for immigration overall.
"This new policy will force thousands of LEGAL immigrants, including spouses of US citizens, to leave their homes, families, and jobs for weeks or even months to get their green card outside the US," said García. "This is an absurd and cruel policy."
Rep. Adriano Espaillat (D-NY), chairman of the Congressional Hispanic Caucus, condemned the new policy for targeting "students, scientists, entrepreneurs, spouses of US citizens, and other individuals following legal immigration processes."
"Aspiring lawful permanent residents are valued members of our communities, workforce, and economy," Espaillat emphasized. "I will continue fighting to protect the rights of aspiring green card holders and immigrant families."