Good morning. At present we’re protecting:

• The most important weekly beneficial properties for China’s inventory market since 2008

• The number of Japan’s new prime minister

• Burnout amongst Ukraine’s poorly skilled new recruits

However we begin with an replace on Hurricane Helene, which made landfall in Florida final night time and is shifting northwards into Georgia this morning.

The class 4 storm, with winds estimated at 140mph (225kph), battered Florida’s Gulf Coast final night time, resulting in energy outages for greater than 1.2mn houses and not less than one loss of life.

After making landfall within the Florida Huge Bend area, Helene handed by means of the Florida panhandle and into Georgia at about 1am right now, in response to the US Nationwide Hurricane Middle.

In its newest replace, the Nationwide Hurricane Middle stated the centre of the storm was anticipated to maneuver northwards right now over central and northern Georgia, with excessive winds and rain anticipated throughout a lot of the south-east of the nation.

It warned of a “life-threatening storm surge” in coastal areas and heavy rainfall that might lead to “catastrophic and doubtlessly life-threatening flash and concrete flooding” and “vital landslides” throughout the southern Appalachians.

The twister threat would persist right now throughout the Carolinas and southern Virginia, it added. The Nationwide Hurricane Middle has stay updates right here.

Right here’s what else I’m holding tabs on right now:

• Netanyahu addresses UN: The Israeli prime minister’s speech will likely be intently watched following the escalation of assaults on Iran-backed Hizbollah in southern Lebanon this week. Right here’s the newest from James Shotter in Jerusalem.

• Zelenskyy in New York: Ukraine’s president is ready to fulfill Donald Trump regardless of a Republican backlash to his lobbying efforts within the US this week.

• Eric Adams: The New York Metropolis mayor is anticipated to be arraigned after being charged with fraud and bribery over an alleged long-running scheme to solicit money and luxurious journey from Turkish authorities officers and different rich international donors.

• Financial knowledge: Mexico’s statistics company INEGI releases commerce figures relative to August whereas Brazil’s statistics company IBGE publishes unemployment figures for the June-August quarter. Argentina has second-quarter present account knowledge due.

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5 extra prime tales

1. Chinese language equities are on observe for his or her greatest week since 2008 after Beijing launched an financial stimulus bundle, together with a $114bn struggle chest to spice up the inventory market. The CSI 300 index climbed 3.8 per cent right now, taking its beneficial properties for the week to virtually 15 per cent. Hong Kong’s Dangle Seng index rose 2.8 per cent, up greater than 12 per cent since Monday — its greatest weekly achieve since August 2007. Right here’s extra on the rally.

• Extra China information: China’s most superior nuclear assault submarine sank in Could earlier than going into service, in response to US intelligence officers.

2. Unique: Synthetic intelligence start-ups are making revenues extra rapidly than earlier waves of software program corporations, in response to new knowledge that means the transformative know-how can also be producing robust companies at an unprecedented price. Madhumita Murgia has the complete evaluation.

3. Shigeru Ishiba is ready to turn into the subsequent prime minister of Japan after successful the presidency of the ruling Liberal Democratic social gathering in a intently contested run-off vote. The previous defence and agriculture minister, who has challenged for the management of his social gathering 5 instances, will succeed Fumio Kishida after a parliamentary vote on October 1.

4. Argentina’s poverty price has surged to 52.9 per cent below its authorities’s austerity programme, in a warning signal for libertarian President Javier Milei as his recognition begins to falter. The speed, printed by the nationwide statistics company yesterday, is the worst in 20 years.

5. KKR will give $75mn of the proceeds from its sale of GeoStabilization Worldwide to its blue-collar employees, with every of the engineering group’s 900 staff set to obtain between $10,000 and $325,000. The transfer is a part of a rising, industry-wide effort to assist non-public fairness soften its picture as a bastion of elite privilege.

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Information in-depth

Outmanned and outgunned, Ukraine’s troops have valiantly defended their territory from Russia for greater than two years and proved they had been nonetheless able to seizing the initiative with the Kursk incursion. Regardless of these achievements, Ukrainian commanders are rising involved. Insufficient coaching, burnout and the rising age of troopers imply new recruits are being wounded or killed in fight at an alarming price.

We’re additionally studying . . . 

Chart of the day

Information suggests the deterioration of psychological well being amongst younger adults may be very actual and more and more performing as an financial drag as extra flip to welfare advantages, writes John Burn-Murdoch.

Take a break from the information

Think about a nurse altering a dressing on a wound or a care employee serving to somebody with dementia by means of day by day duties. The “Baumol impact” explains why it appears unsuitable to demand that they work tougher or quicker for greater wages, writes Tim Harford: maybe they’ll’t, or shouldn’t. However it will be unwise to imagine nothing could be performed to lift productiveness.

Further contributions from Tee Zhuo and Benjamin Wilhelm