Heatwave Cost Shock: Europe’s fifth heatwave is hitting growth and productivity while the Iran war lifts energy bills, with economists warning the damage is spreading across output, tourism, food prices, insurance and public budgets. EU Migration Row: Spain is refusing to return 500 unaccompanied migrant girls from Ceuta to Morocco despite an EU recommendation, arguing returns lack guarantees for children’s rights. ICC vs US Sanctions: The US has sanctioned International Criminal Court officials, calling it an attack on investigations; EU leaders and UN figures are rallying behind the court’s independence. AI and Finance Warnings: The ECB warns an AI “bubble burst” could spill into jobs and lending, while investors and households face risk if hype turns to a correction. Romania Digital Identity Push: Romania is an early test case for the EU digital identity wallet, with chip-based ID cards rolling out nationwide ahead of the December deadline. EU Packaging Rules Delay: The Commission missed a deadline to harmonize PPWR labelling requirements, creating compliance pressure for businesses. JD.com Probe Escalates: China says the EU’s Foreign Subsidies Regulation investigation into JD.com is unlawful extraterritorial jurisdiction, ordering firms not to assist. Corporate/Markets: Temenos was named a leader in Gartner’s retail core banking ranking; Aegon announced a CFO transition; and Ashtead Technology warned of project deferrals into 2027.