πGood morning. There's a version of this morning where you'd be forgiven for switching off entirely. Yesterday made sure that wasn't an option. Diplomats were shuttling between capitals, AI companies were fessing up to things going sideways behind the scenes, and the old rules about what counts as leverage in global politics kept getting rewritten by boardrooms, not just governments. It's the kind of day that reminds you business and geopolitics have basically moved in together and stopped pretending otherwise. Pour something warm, get comfortable, and let's catch you up on what actually happened while you were living your life.

