📰 Drought squeezes global shipping

and Canada's tariffs take effect

In partnership with

Hello,

Friedrich Merz has vowed to stay in office after the AfD's landslide in Saxony-Anhalt, which he said had shaken his Christian Democrats to their very foundations and was their worst defeat in decades.

Ukrainian officials say Donald Trump's envoys brought more effective peace proposals to Kyiv at the weekend, and Russia has ordered Germany's consulate in St Petersburg to close.

Everything else below ⤵️

Top 5 Stories

1️⃣ 🇵🇦 Panama Canal may cut ship traffic further as El Niño strengthens: Panama Canal Authority administrator Ilya Espino de Marotta said daily transits would fall to 32 ships from 15 September, down from 36 last month, and did not rule out cutting to about 29 by February or March if the drought persists. The canal handles 5% of global maritime trade and each transit consumes about 200 million litres of water.

2️⃣ 🇬🇱🇪🇺 EU pledges more than $200m to Greenland amid Trump annexation threats: European Commission President Ursula von der Leyen announced a €200 million package in Nuuk and signed a declaration with the Greenlandic and Danish prime ministers, saying Greenland's future was "for the people of Greenland and Denmark to decide". Brussels has proposed doubling direct aid to €530 million in the 2028 to 2034 budget.

3️⃣ 🇪🇺🇷🇺 Europe would not be able to sustain war of attrition with Russia, defence officials say: Defence planners working with NATO told a Munich Security Conference forum that Europe could not currently sustain a prolonged war of attrition with Russia because the public lacks war readiness. One former British cabinet member said the West had been "crap" at educating the public about the hybrid conflict, and Italian Foreign Minister Antonio Tajani warned Italy was not immune from Russian election interference.

4️⃣ 🇺🇸🇨🇦 Trump threatens to stop sale of Canadian Bombardier jets in US: US President Donald Trump wrote on Truth Social that Bombardier could no longer sell in the United States unless it moved manufacturing there, hours before Canadian retaliatory tariffs on $20bn of US goods were due to take effect. The Montreal company said its operations create tens of thousands of US jobs and it already runs a Kansas factory employing 3,500 Americans.

5️⃣ 🇷🇸🇧🇦 Funeral of convicted war criminal Mladic draws thousands, opens old wounds: Thousands gathered in Belgrade for the funeral of Ratko Mladic, the former Bosnian Serb general who died last week while serving a life sentence for genocide over the 1995 Srebrenica massacre and the siege of Sarajevo. Bosnia will withdraw all embassy staff from Belgrade except the ambassador and consul in protest at Serbia's handling of the funeral.

Together with:

2 minutes. Your URL. A customer profile worth using.

Most founders can describe their product. They can't describe their customer. Not in a way that actually changes how they sell.

HubSpot for Startups built a free tool to fix that. Paste in your URL, answer a few quick questions, and it generates a structured profile of your best-fit customer. Firmographics, buying triggers, the works.

Takes 2 minutes. No spreadsheet required.

Major Story

🇩🇪 Merz vows to stay in office after Saxony-Anhalt defeat

German Chancellor Friedrich Merz said the AfD's landslide victory in Saxony-Anhalt had shaken his party "to its very foundations", calling it the worst electoral defeat the Christian Democrats had suffered in decades.

The CDU took about 17% against nearly 44% for the AfD, and one exit poll showed only 9% of the state's voters approved of Merz's performance.

He conceded his own ratings had played a role and said he must reach people "more effectively", but insisted that "giving up is not an option for me".

Chancellor Merz said Moscow would cheer the result and accused Russia of supporting the AfD's campaign, promising not to budge "a single millimetre" from defending Europe's freedom against Russia.

Several commentators called for his replacement, with Der Spiegel editor-in-chief Dirk Kurbjuweit saying Germany needed "a clean slate" and that Merz was "evidently the wrong man for this office in these times".

Together with:

1,000+ Claude Prompts Top Professionals Actually Use at Work

Claude can be your analyst, editor, and strategist.

But most professionals are using it to fix grammar.

These 1,000+ Claude prompts take it from grammar tool to your most powerful AI work assistant.

Sign up for Superhuman AI and get:

  • 1,000+ ready-to-use Claude prompts to get real work done in minutes — researched, tested, and used by professionals at Google, Microsoft, and NASA

  • Superhuman AI newsletter (4 min daily) so you keep learning new AI tools and skills to stay ahead in your career — the prompts are just the beginning

Other News

1️⃣ 🇺🇦🇺🇸 US envoys bring 'more effective' Ukraine peace proposals to Kyiv, official says: A senior Ukrainian presidential official told AFP that US envoys Steve Witkoff and Jared Kushner had brought "more effective" proposals to Kyiv, saying it was "not the same as it was before" and that the two sides were still talking. Neither side announced a breakthrough, and Ukrainian President Volodymyr Zelenskyy repeated that only a leaders' meeting could settle territorial questions.

2️⃣ 🇷🇺🇩🇪 Russia shutters German consulate as diplomatic freeze deepens: Russia's foreign ministry ordered the German consulate in St Petersburg to cease operations by 18 September, retaliating for Berlin closing two Russian institutions over the Leipzig drone attack. It said Germany had "provoked a new round of escalation", and Foreign Minister Sergey Lavrov accused Berlin of wanting "war again".

3️⃣ 🇪🇺 Kallas scraps new high-level European defense group in fresh blow to her leadership: EU High Representative Kaja Kallas cancelled the launch of a new high-level defence group after pressure from member states, with an EU official saying some capitals felt this was "not the right path to pursue at this moment". Politico reported the group was expected to be chaired by former NATO Secretary General Anders Fogh Rasmussen.

4️⃣ 🇬🇧🇪🇺 UK begins talks to rejoin EU security missions: The UK has begun formal talks on rejoining EU civilian security missions, which would let British officials take part for the first time since Brexit under a framework deal requiring separate agreements for each operation. The EU runs 13 crisis management missions, including training Somali coastguards and helping Ukrainian prosecutors investigate alleged war crimes.

5️⃣ 🇮🇷 IAEA warns over Iran nuclear access as Western powers push UN referral: IAEA chief Rafael Grossi told the agency's board that Iran had provided no information on its declared nuclear material and that inspectors could not verify it on site, more than a year after the agency lost continuity of knowledge over stocks enriched to 60%. Iranian foreign ministry spokesman Esmaeil Baghaei warned Tehran would take "necessary measures" if a referral proceeds.

If you like our newsletter, we also recommend these:

Exec Sum - A concise daily snapshot of what matters across markets, tech, and business, Exec Sum is a solid read.

Hodl Report – A short daily briefing covering crypto market news, trends, and developments, designed to help readers stay informed.

The Wealth Potion – A weekly deep dive into personal finance, macro, and entrepreneurship, blending analysis, ideas, and big-picture thinking.

Techpresso - If you want a quick way to keep up with AI and tech each day, Techpresso delivers the key stories in about five minutes.

TLDR Newsletter - A fast daily rundown of the most interesting stories across tech, startups, and programming.

What would you rate this newsletter?

Login or Subscribe to participate in polls.

Weekly Updates?

Want weekly updates as well as daily?

Subscribe to our sister publication Geopolitics Weekly here ⤵️

Our Shop