Energy Security: Germany will build a strategic gas reserve equal to 10% of storage capacity, filled in 2027-2028, funded via consumer levies (not the federal budget), with costs put at €1.5bn to set up and up to €310m a year to maintain—expected to cover about two weeks of winter use, but likely to raise household bills and hit energy-intensive industry. Markets & Rates: Euro zone borrowing costs stayed sensitive as Middle East fighting pushed oil higher; the German 10-year yield hovered near 3.13% and the German-U.S. yield gap narrowed to about 144 bps. China Trade Pressure: More than half of eurozone consumers now shop on Chinese platforms like Temu and Shein; Germany and France are below 50%, but low- and middle-income households drive demand. Climate Policy Fight: Ten EU countries want to delay or soften ETS2 carbon pricing on transport and heating fuels from 2028, arguing it would add costs for households. Tech & Industry: Huawei is pushing “grid-forming” solutions for future power systems as renewables rise; separately, TotalEnergies raised €502m for 11 battery storage projects in Germany (789 MW). Business Deals: Uber entered a takeover agreement for Delivery Hero, extending its platform reach across 99 markets. Health Research: Charité researchers warned that infections can raise longer-term risks for heart attacks and strokes, with elevated risk in the weeks after illnesses.