In brief | 17 September ‘25

Reuters: China replaces Germany in top 10 of UN's most innovative nations

China moved into the top 10 of the United Nations' annual ranking of most innovative countries for the first time on Tuesday, replacing Europe's largest economy, Germany, as firms in Beijing invest heavily in research and development.

The Guardian: Human-made global warming ‘caused two in three heat deaths in Europe this summer’

Researchers from Imperial College London say 16,500 deaths caused by hot weather brought on by greenhouse gases.

Bloomberg: Draghi’s tough love one year after wake-up call report

Former ECB chief warns that continued inaction threatens the EU’s competitiveness and sovereignty.

Reuters: EU firms brace for more shutdowns due to China rare earth controls despite summit promise

European firms are expecting more shutdowns and suffering losses as Beijing continues to hold a tight grip on rare earth exports despite a July agreement to fast-track shipments to the bloc, the European Union Chamber of Commerce in China said.