Geopolitics

Jared Kushner and Putin's envoy Kirill Dmitriev talked about a US stake in the idle Nord Stream pipelines, Reuters reported. Germany says it does not want them back.

Tariffs and inflation: NY Fed economists find tariffs added 2.9 points to US goods inflation at the peak. Without them, goods prices would have fallen slightly.

The US trade deficit jumped to $105.6bn in August, the widest since March 2025, as imports of crude oil, gold and chips rose much faster than exports.

Official Brazil election results give Flávio Bolsonaro 47.03% of valid votes and Lula 45.16%. Neither passed 50%, so they meet in a run-off on 25 October.

The Super Intelligence Force puts Trump's spy chief, the FTC chairman and two others in charge of coordinating AI policy. It follows an industry accord.

OpenAI accused Moonshot of copying its models, and Anthropic warned that a free Chinese model can build working exploits. Both say they oppose a ban. Their rivals sell for far less.

He resigned to lead his party’s list in the election on 25 October. If it wins, he runs Serbia from the prime minister’s office. The size of the result matters as much as the winner.

The prime minister says Britain “could go all the way” back into the EU. Polls this year put support for membership at 60%. Reform UK, the party of Brexit, is level with Labour.

Five EU countries want to start sending rejected asylum seekers to countries outside the bloc next year, with Rwanda first. Rwanda also takes US deportees. Asylum claims are already down by a third.

Brent futures rose more than 3% on 28 September, to about $107, after the US president rejected a proposal to reopen the strait within a week.