👋Good morning. Today the curtain falls on the UN General Assembly in New York, capping a week in which nearly 130 world leaders queued up at the podium to talk trade, AI, climate and who gets António Guterres's job next. Diplomacy season is basically Fashion Week for foreign policy: plenty of posturing, the odd dramatic walk-out, and everyone quietly checking who got the better seat. But the speeches were always the easy bit. This morning, all that lofty talk about governing technology and keeping trade flowing lands on the desks of people who actually have to set budgets, hire staff and sign off on Q4. And judging by yesterday's news, the gap between what gets promised on stage and what happens in the real world has rarely looked wider. Coffee in hand? Let's get into it.
