Reuters Daily Briefing

"Xi-Putin share vision for new global order."

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Russ Roberts (https://trendsingeopolitics.blogspot.com).

Audio Articles now available! Download the Reuters App. Daily Briefing By Anisha De Hello. Today we are covering the final day of Shanghai Cooperation Organisation summit in China and a deadly earthquake in Afghanistan. Elsewhere, US tariffs' impact on factory activity across Europe and Asia. Plus, a German town's refugee integration efforts under threat.  Today's Top News   Xi Jinping welcomes Vladimir Putin at the Shanghai Cooperation Organisation summit in Tianjin, China August 31, 2025. Sputnik/Sergei Bobylyov/Pool via REUTERS Chinese President Xi Jinping urged leaders at the Shanghai Cooperation Organisation summit to leverage their "mega-scale market", while Russian President Vladimir Putin showed support for Xi's ambition for a new global security and economic order that poses a challenge to the United States. Follow our live updates. One of Afghanistan's worst earthquakes killed more than 800 people and injured at least 2,800, authorities said, as helicopters ferried the wounded to hospital after they were plucked from the rubble of homes being combed for survivors. Hundreds of students gathered in major Indonesian cities, defying fears of a crackdown on protests after deadly riots on the weekend left eight dead in the worst violence in the Southeast Asian nation in over two decades. Gibran Peshimam joins today's Reuters World News podcast to dicuss where the turmoil is headed.  The biggest party in Thailand's parliament is due to meet to decide whom it will back to form the next government, as two rival camps jostled for its votes following the sacking of Paetongtarn Shinawatra as prime minister last week. More than two million people have been affected in Pakistan's Punjab and more than 2,000 villages inundated, by what officials are calling the worst flood in decades. Farmers and exporters have warned that the impact on agriculture will be staggering. Israel pushed tanks deeper into Gaza City and detonated explosives-laden vehicles in one suburb as airstrikes killed at least 19 people, Palestinian officials and witnesses said. The GPS system of European Commission President Ursula von der Leyen's plane was jammed by suspected Russian interference while en route to Bulgaria, an EU spokesperson said, confirming earlier media reports. Prime Minister Francois Bayrou will kick off a series of talks with France's political parties, seeking to stave off the collapse of his government in a confidence vote next week that opposition leaders said is bound to fail. Brazil's Supreme Court goes into final deliberations in its trial of former President Jair Bolsonaro this week. Read our story on Justice Alexandre de Moraes's pursuit which has led Trump to impose a 50% trade tariff on Brazil, visa restrictions and individual financial sanctions. Business & Markets   An employee works on a production line manufacturing steel structures at a factory in Huzhou, Zhejiang province, China May 17, 2020. China Daily via Reuters/File Photo Euro zone factory activity expanded for the first time since mid-2022 as domestic demand offset the impact from US tariffs while the Asian manufacturing sector saw shrinkage, private surveys showed.  The Trump administration is continuing its talks with trading partners despite a US appeals court ruling that most of Trump's tariffs are illegal, US Trade Representative Jamieson Greer said. For more tariff news, sign up for the Tariff Watch newsletter. Shares in SK Hynix and Samsung Electronics dropped after Washington revoked authorisations that allowed them to secure US semiconductor manufacturing equipment for their chip plants in China. India plans to cut consumption tax by at least 10 percentage points on nearly 175 products ranging from shampoos and hybrid cars to consumer electronics, said two sources, revealing new details of Prime Minister Narendra Modi's major tax overhaul. Tesla's sales rout in some European markets extended to an eighth month in August amid mounting competition, as well as a backlash against CEO Elon Musk's courting of far-right parties.The company lowered the price for its Model 3 rear-wheel drive version in China by 3.7% to $36,278.99, its website showed. Eric Trump took the stage in Tokyo to throw his support behind Japanese bitcoin treasury company Metaplanet, as the US president's family expands its crypto ventures internationally. An Australian government-commissioned report said selfie-based age guessing software could enforce a teen social media ban, but noted that some groups experienced "unacceptable" levels of inaccuracy, raising concerns about the December rollout. A German town hoped migration could turn its fortunes around. It was no panacea   Iraqi refugee Humam al-Gburi, 34, and retired nurse Ursula Panke, 85, pose for a picture in Altena, Germany, July 15, 2025. REUTERS/Riham Alkousaa/File Photo A decade ago, as Germany was grappling with an influx of more than a million migrants, the small town of Altena saw an opportunity to reverse years of population and economic decline. The industrial town in Western Germany made national headlines in 2015 when it volunteered to take in 100 more migrants than required, becoming a model of Chancellor Angela Merkel's pledge: "Wir schaffen das" - "We can do this." But while there have been benefits for both sides, three current and former town officials told Reuters migration wasn't a panacea. Read our story And Finally... A baker holds up trays of baguettes at the Hoan Boulangerie bakery shop in Hanoi, Vietnam, August 30, 2025. REUTERS/Athit Perawongmetha Baguette? No, banh mi. As Vietnam celebrates the 80th anniversary of its declaration of independence from colonial rule this week, French cultural influence remains ubiquitous, but not many people in the Southeast Asian nation are aware of its prevalence. Read more Get full access to Reuters.com for just $1/week. Subscribe now. Sponsors are not involved in the creation of newsletters or other Reuters news content. Advertise in this newsletter or on Reuters' website Reuters Daily Briefing is sent 5 days a week. Think your friend or colleague should know about us? Forward this newsletter to them. They can also sign up here. Want to stop receiving this email? Unsubscribe here. To manage which newsletters you're signed up for, click here. This email includes limited tracking for Reuters to understand whether you’ve engaged with its contents. For more information on how we process your personal information and your rights, please see our Privacy Statement. Terms & Conditions © 2025 Thomson Reuters. 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