German Politics Shock: AfD surged in Saxony-Anhalt, winning about 43.8–44% and leaving it just short of a majority, putting Merz and Germany’s “firewall” strategy under strain as coalition math remains unclear. Industrial Output Watch: Germany’s industrial production fell 1.1% in July (and -1.6% year-on-year), with autos hit hard, underscoring a fragile rebound amid energy and trade risks. Auto Sector Restructuring: Jaguar Land Rover plans to cut around 4,000 roles over two years as it targets £1.7bn in cost savings, citing tariffs, competition and the EV transition. EU Trade & Borders: Poland’s consumer watchdog ordered major banks to reopen fraud complaints under the EU next-business-day refund rule, while stricter biometric checks at 29 European borders affect short-stay travellers under the Entry/Exit System. Arctic & Geopolitics: The EU unveiled a €200m Greenland partnership package to boost connectivity, clean energy and critical raw materials, as tensions with US claims keep Arctic policy in focus. Shipping & Energy Costs: EU ETS dynamics continue to feed into shipping economics as gas prices firm; the Baltic Dry Index slipped 1.4% after a three-day rise. Tech & Business: A Milan startup Cato raised €6m to sell AI into Italy’s public tender market, betting procurement complexity stays “hard.” Space Economy: Isar Aerospace’s Spectrum became the first private company to launch an orbital vehicle from continental Europe.